KWF Group Holding ^{Filed Terms, Nasdaq: KWF}

We operate in a single segment that represent the Company’s core business as a civil engineering subcontractor in Hong Kong. Our construction activities mainly include civil engineering works in Hong Kong. We mostly undertake civil engineering works in the role of subcontractor. KWF HK was founded in 2014. We are experienced in providing civil engineering services in the role of subcontractor. In 2023, we were awarded with a public project with an initial contract sum of over HK$35 million (US$4.4 million). In 2024, we were awarded with a public project with an initial contract sum of over HK$59 million (US$7.5 million). We, through our Operating Subsidiary, are mainly engaged in public sector projects in Hong Kong. To a much lesser extent, we also participate in private sector projects. Our public sector projects mainly include infrastructure developments. KWF HK is a Registered Subcontractor in earthwork, road drainage and sewer and others (waterworks) under general civil works and a Registered Specialist Trade Contractor under structural steelworks of the Registered Specialist Trade Contractors Scheme of the Construction Industry Council of Hong Kong.