China Nuclear Industry 23 International Corporation Limited (“CNI23 Int’l” formerly known as Tack Hsin Holdings Limited) has completed the procedure of change of company name in February 2012. The Company will operate under the new name and continue to list on the Stock Exchange of Hong Kong Limited under the same stock code HK00611. The Company will move forward based on the current corporate culture and objectives such as stable development, in search of excellence and customer focus to generate better value for the shareholders.
Since 1983, our company has trained up ample talents in its catering and hotel management businesses. Through the efforts of these loyal professionals, the Company has built up the reputation as one of the best catering and accommodation service providers in Hong Kong. With the growing economic activities between Hong Kong and the mainland China (the “PRC”), the business of the Sunny Days Hotels has reached a new height and will continue to expand its potential to capture this opportunity.
In order to off-set the huge cost impact due to price increase of raw materials and rental, our management has acquired 25% equity interests of Jiangsu China Nuclear Industry Libert INC. in September 2011 to diversify business risk and cultivate a business direction of the Company other than catering and hotel services.
China Nuclear Industry 23 Construction (Hong Kong) Company Limited (“CNI23 HK”) is the controlling shareholder of CNI23 Int’l, CNI23 HK is a subsidiary of China Nuclear Industry 23 Construction Company Limited (“CNI23”). CNI23 is a core member of China Nuclear Engineering Group Co. (“CNEC”). CNEC is a key state-owned enterprise under the management of State-owned Assets Supervision and Administration Commission of the State Council of the PRC. The major business of CNI23 includes nuclear power engineering projects, nuclear power utilization and nuclear technology, research and services. It is the largest and most experienced nuclear engineering installation company. In areas other than nuclear industry, CNI23 has also achieved excellence in the sectors of petrochemical, aerospace and steel structure.