Ipsos Business Consulting engaged as Industry Consultant by EDICO Holdings Limited for its listing on the GEM Board of the Hong Kong Stock Exchange (stock code: 8450.HK）on Feb 2, 2018.
The group is principally engaged in the business of providing a range of integrated services to customers mainly in the financial and capital markets in Hong Kong, including typesetting and proofreading, translation, design, printing and binding, distribution, and media placement.
Ipsos Business Consulting's IPO consulting team conducted an Independent Market Review, covering the industry development and competitive landscape of the financial printing services 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 financial printing services industry has increased from approximately HK$1,376.9 million in 2011 to approximately HK$1,719.4 million in 2016, at a CAGR of approximately 4.5%. From 2011 to 2016, the number of listed companies increased from 1,496 to 1,973. The increase in revenue of the financial printing services industry in Hong Kong can be explained by the increasing number of listed companies during the period from 2011 to 2016.