SU Group Holdings Limited (SUGP) Registration Filing summary

Company overview and business model

• Operates as a holding company incorporated in the Cayman Islands, with principal operations conducted through subsidiaries in Hong Kong focused on security-related engineering, guarding, screening, and vocational training services.

• Shine Union, established in 1998, provides turnkey security system design, installation, and maintenance for public and private sector clients in Hong Kong, including exclusive distribution of certain threat detection systems.

• Fortune Jet, acquired in 2019, offers security guarding, screening, and related training services, as well as equipment leasing.

• The company is expanding its geographic reach by establishing a subsidiary in Macao.

Financial performance and metrics

• Completed an IPO in January 2024, raising $5.0 million by issuing 1,250,000 ordinary shares at $4.00 per share; over-allotment option was not exercised.

• As of February 2025, the aggregate market value of outstanding ordinary shares held by non-affiliates is $4,029,433, with 3,989,538 shares held by non-affiliates.

• The company’s reporting currency is HK$, with a conversion rate of US$1.00 = HK$7.7733 as of September 30, 2024.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used as set forth in the applicable prospectus supplement for each offering.