ABSTRACT
Hanbo, a one-stop apparel supply chain solution provider, strives to mitigate risks in the whole supply chain process, such as price, quality, quantity, delivery and compliance. Hanbo aims to provide solutions to improve supply chain sustainability, transparency and visibility. Hanbo Enterprises Holdings Limited and its subsidiaries are principally engaged in apparel trading and supply chain management services business; financial services business; money lending business; and securities investment during the period. The apparel products are priced separately for each order based on the estimated cost of, and/or the suggested merchandise price for, a product. Hanbo agrees upon the prices of the apparel products with its customers after the product designs are finalized and the product samples have been approved by its customers. Hanbo's sales are subject to seasonal fluctuations and are largely determined in part by two major fashion seasons: Spring/Summer and Autumn/Winter.
