Phoenix Asia Holdings Limited

Winfield Engineering (Hong Kong) Limited is a holding company incorporated in the Cayman Islands on August 9, 2024, operating primarily through its indirectly wholly-owned subsidiary, Winfield Engineering (Hong Kong) Limited. The company mainly engages in substructure works in Hong Kong, including site formation, ground investigation, and foundation works. To a lesser extent, it also provides other construction services such as structural steelworks. The company primarily undertakes substructure works as a subcontractor. Additionally, it offers advisory and supervision services for its substructure projects, charged on a monthly basis. Winfield Engineering (Hong Kong) Limited was founded in 1990 and has over 30 years of operating history focused on substructure works. Substructure refers to the foundation support system constructed beneath ground level. In 2023, the company was awarded a public project for a major trunk road, involving marine grouting works, expected to be completed in late-2025. Through its Operating Subsidiary, the company is mainly engaged in public sector projects in Hong Kong, and to a lesser extent, private sector projects. As of the date of this annual report, Winfield Engineering (Hong Kong) Limited is a Registered Specialist Contractor under the sub-registers of foundation works, site formation works, and ground investigation field works categories maintained by the Buildings Department of Hong Kong. It is also a Registered Subcontractor under foundation and piling (sheet piles, bored piles, driven piles, diaphragm walls, micro piles, and hand-dug caisson) and general civil works (earthwork and ground investigation) of the Registered Specialist Trade Contractors Scheme of the Construction Industry Council of Hong Kong.