D&G Technology Holding Company Limited (01301.HK)

D&G Technology is a leading medium-to-large-scale asphalt mixing plant manufacturer and service provider in China. The Group’s core products include conventional hot-mix asphalt mixing plants (“conventional plants”) and hot-mix asphalt mixing recycling plants (“recycling plants”). Asphalt mixtures produced by D&G Technology’s plants are used in road construction and maintenance projects, including the construction and maintenance of all grades of roads and highways. The Group also offers asphalt mixing plant customer services including sales of spare parts and components and provision of equipment modification services and leasing of asphalt mixing plants through operating leases.

Established in 1999, with headquarters in Hong Kong and a production base in Langfang, Hebei, D&G Machinery, the subsidiary of D&G Technology, was certified as a high-technology enterprise and enjoys preferential enterprise income tax rate of 15%. The Group’s products are sold to many municipalities and autonomous regions in China and over 30 overseas countries and regions. It has sold over 600 units of asphalt mixing plants to customers in China and overseas emerging markets and developed countries including Australia, Hong Kong, Russia, Middle East and countries in Africa, and “One Belt One Road” countries including India, Mongolia, Central Asia like Kazakhstan and Turkmenistan, and AESAN countries. The Group is also one of the suppliers of asphalt mixing plants in a number of major construction projects in the PRC, including Beijing-Tibet Highway, Beijing-Hong Kong-Macau Highway, Jiaozhou Bay Bridge and Hangzhou Bay Bridge.