Ipsos Business Consulting engaged by Jia Group Holdings Limited as Industry consultant in its successful IPO on the HKEX

Ipsos Business Consulting’s IPO consulting team conducted an Independent Market Review, covering the industry development trends, market demand and competitive landscape of independent full-service restaurant industry in Hong Kong. During the IPO process, Ipsos Business Consulting collaborated with the Group, IPO sponsor and its legal advisors to complete the contents of the prospectus as well as address all follow-up questions from the HKEX.

According to Ipsos Business Consulting’s analysis, the total revenue of the inde pendent full-service restaurant industry in Hong Kong grew from approximately HK$ 51.2 billion in 2010 to approximately HK$ 65.5 billion in 2016, representing a CAGR of approximately 4.2%. During the forecast period from 2017 to 2020, the revenues of the building construction timber flooring supply industry in Hong Kong is expected to grow at a slower pace at a CAGR of approximately 3.2% from 2017 to 2020.