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Group Structure

Name of company

Place of incorporation/ registration

Principal
place of operation

Nominal value of issued ordinary share capital/ registered capital

Interest held

Principal activities

Asia Sharp Limited

Hong Kong

PRC

HK$1

100%

Sourcing and trading of headwear and accessories

Bollman (Hong Kong) Limited

Hong Kong

PRC

HK$29,352,260

100%

Investment holding

Drew Pearson International (Europe) Ltd.

The United Kingdom

The United Kingdom

£10,000

90%

Trading of headwear

Famewell Corp

USA

USA

US$100

100%

Investment holding

Guang Zhou Jian Hao Headwear Manufacturing Ltd.

PRC (note)

PRC

RMB$45,777,729

100%

Investment holding

H3 Sportgear LLC

USA

USA

US$3,649,700

85%

Trading of headwear and apparel

Hatworld (Hong Kong) Ltd.

Hong Kong

Hong Kong

HK$1

100%

Retailing

Hatworld (Shenzhen) Ltd.

PRC (note)

PRC

HK$8,500,000

100%

Retailing

Mainland Sewing Headwear Manufacturing Limited

Hong Kong

Hong Kong

HK$10,000

100%

Manufacture and sale of headwear

PPW Asia Ltd.

Hong Kong

Hong Kong

HK$2

75%

Investment holding

Rhys Trading Ltd.

The British Virgin Islands

Hong Kong

US$10,000

100%

Investment holding

San Diego Hat Company

USA

USA

US$10,000

100%

Trading of headwear and accessories

SDHC Property LLC

USA

USA

US$3,000,000

100%

Property holding

Top Super Sportswear (Shenzhen) Co., Ltd.

PRC (note)

PRC

HK$52,000,000

100%

Manufacture and sale of headwear

Unimas Sportswear Ltd.

Bangladesh

Bangladesh

BDT84,109,700

80%

Manufacture and sale of headwear

Wintax Caps (Shenzhen) Co., Ltd.

PRC (note)

PRC

HK$20,000,000

100%

Manufacture and sale of headwear

Wintax Trading Limited

Macau

Macau

MOP$100,000

100%

Trading of headwear and provision of digitizing services

上海成顏豐商貿有限公司

PRC (note)

PRC

RMB10,000,000

75%

Retailing

梅州華飛達帽業製造有限公司

PRC (note)

PRC

HK$5,000,000

100%

Manufacture and sale of headwear


Other than Rhys Trading Ltd. which is held directly by the Company, all subsidiaries are held by the Company indirectly.

Note: These companies are registered in the PRC in the form of wholly foreign-owned enterprises.

As at 31 December 2015, the ultimate holding company of the Company was Successful Years International Company Limited, a company incorporated in the British Virgin Islands