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1992/02/18
The former trading arm of the Group – Express Fortune Limited ("EFL") was founded by Mr. Lau
Siu Ying and his brothers in Hong Kong.
1992 – 94
EFL became one of Nokia's earliest authorized distributors in the PRC.
1997
Commenced Fortune Telecom Group's franchise retail business in the PRC.
2000/02/16
Listed on the GEM Board of the Hong Kong Stock Exchange (Stock code: 8040).
2000/12
A US$12 million syndicated loan was successfully arranged.
2001/07
Completed the acquisition of 51% shareholdings of Synergy Pacific (Holding) Limited
("Synergy Pacific").
2002/05
Fortune Shanghai was acknowledged by Shanghai Waigaoqiao Free Trade Zone Management
Committee as one of the best enterprises for commodity sales.
2002/09
A HK$160 million syndicated loan was successfully arranged.
2003/03
The Group has achieved a record annual sale of 2.1 million sets of mobile phones and a record
net profit over HK$60 million.
2003/06
For a consecutive year, Fortune Shanghai was again acknowledged by Shanghai Waigaoqiao
Free Trade Zone Management Committee as one of the best enterprises for commodity sales.
2004/01
Listed on the Main Board of the Hong Kong Stock Exchange (Stock code: 110).
2005/09
A US$16 million syndicated loan was successfully arranged.
2005/11
Fortune Shanghai increased its share capital from US$6 million to US$25 million.
2005/12
Successfully completed the acquisition of 100% shareholdings of Synergy Technologies
(Asia) Limited, and the disposal of 46% shareholdings of Synergy Pacific.
2006/01
Newly obtained the nationwide distributorship of Samsung mobile phones.
2006/09
Successfully obtained the Fulfillment Distributorship for all Nokia Stores in the PRC.
2007/02
Contracted to acquire 51% stake in Zhuhai Reminda Telecom Equipment Company Limited
(珠海市雷鳴達通訊設備有限公司) and completed the acquisition in October 2007.
2007/09
Formed a joint venture with TeleChoice International Limited for the Nokia fulfillment business.
2007/10
Name changed to China Fortune Holdings Limited.
 

 

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