(Incorporated in the Cayman Islands)

We, through STG, our operating subsidiary, are a steel reinforcing bars service provider operating one of the six off-site steel reinforcing bar prefabrication yards approved by the Hong Kong Civil Engineering and Development Department (“CEDD”) in Hong Kong.

Steel reinforcing bar is a vital component of the construction industry, providing strength to concrete structures such as foundations, buildings and bridges. As a service provider, we are responsible for providing customized cut-and-bend services to our customers at our prefabrication yard. The prefabricated steel reinforcing bars produced by us are ready for immediate use with consistent product quality that would reduce the works on construction sites, yielding better safety and less construction wastage.

Our direct customers are mostly the registered general building contractors under the Hong Kong Buildings Ordinance (Chapter 123 of the Laws of Hong Kong, “HKBO”) and subcontractors of various types of building and infrastructure projects in Hong Kong. We principally provide prefabricated steel reinforcing bars for both (i) public sector projects, including infrastructure, public facilities and public residential developments, and (ii) private sector projects, which are mostly private commercial, residential and industrial developments.

Note: Net income and revenue are in U.S. dollars for the fiscal year that ended Dec. 31, 2024.

(Note: Bend NovaTech Group is offering 1.25 million shares at a price range of $4.00 to $6.00 to raise $$6.25 million, according to its F-1/A filings.)