| CUSTOMERS |
CUSTOMERS |
90%
|
For the year ended June 30, 2023, our top three major customers accounted for 36.4%, 14.7% and 13.4%, respectively, of the Group’s total revenues. |
| GALAXY-HUMAN-RESOURCES-LIMITED |
GALAXY-HUMAN-RESOURCES-LIMITED |
85%
|
R (Macau) provide payroll outsourcing services in the PRC, Hong Kong, Taiwan and Macau; and Galaxy Payroll (HK), Galaxy Solutions Partner, Galaxy HR (TW) and Galaxy HR (Macau) provide employment serv… |
| TAIWAN-LIMITED |
TAIWAN-LIMITED |
85%
|
R (Macau) provide payroll outsourcing services in the PRC, Hong Kong, Taiwan and Macau; and Galaxy Payroll (HK), Galaxy Solutions Partner, Galaxy HR (TW) and Galaxy HR (Macau) provide employment serv… |
| BRITISH-VIRGIN-ISLANDS-THE-GROUP |
BRITISH-VIRGIN-ISLANDS-THE-GROUP |
62%
|
4 ), HKD25,303 and nil , respectively. Note 7 — Accrued expenses and other payables Accrued expenses and other payables consisted of the following: As of June 30, 2023 2024 HKD HKD US$ Accrued expens… |
| BVI-LIMITED |
BVI-LIMITED |
62%
|
R (Macau) provide payroll outsourcing services in the PRC, Hong Kong, Taiwan and Macau; and Galaxy Payroll (HK), Galaxy Solutions Partner, Galaxy HR (TW) and Galaxy HR (Macau) provide employment serv… |
| CIIC-GUANGZHOU-ECONOMIC-TECHNICAL-COOPERATION-CO |
CIIC-GUANGZHOU-ECONOMIC-TECHNICAL-COOPERATION-CO |
62%
|
ch human resources outsourcing service agreement has been filed as an exhibit of this Registration Statement. The Major In-country Partner’s service fees are calculated based on the pricing schedule … |
| COMPANY-GALAXY-PAYROLL-GROUP-LIMITED |
COMPANY-GALAXY-PAYROLL-GROUP-LIMITED |
62%
|
Company has offered consultancy and market research services, a majority of our end-users during the year ended June 30, 2022 engaged in the IT, industrial, media, advertising and entertainment, prof… |
| DEPOSIT-PROTECTION-SCHEME-THE-GROUP |
DEPOSIT-PROTECTION-SCHEME-THE-GROUP |
62%
|
other currencies at the banks and financial institutions who are the members of Deposit Protection Scheme will be covered up to a limit of HKD500,000 (US$ 64,034 ) per depositor per scheme member by … |
| DEPRECIATION-THE-GROUP |
DEPRECIATION-THE-GROUP |
62%
|
3). It resulted from US Fed’s rate hike leading to Asia-pacific region’s economy slow recovery and the decrease of seconded employees’ monthly remuneration package. Therefore, the decrease in revenue… |
| FUTURE-FINANCINGS-THE-GROUP |
FUTURE-FINANCINGS-THE-GROUP |
62%
|
s due to the temporarily ceased business, consultancy and market research services, HKD6,845,155, an increase in prepayment, deposits and other receivables, HKD325,876, an increase in accrued expense… |
| GALAXY-SOLUTIONS-PARTNER-LIMITED |
GALAXY-SOLUTIONS-PARTNER-LIMITED |
62%
|
R (Macau) provide payroll outsourcing services in the PRC, Hong Kong, Taiwan and Macau; and Galaxy Payroll (HK), Galaxy Solutions Partner, Galaxy HR (TW) and Galaxy HR (Macau) provide employment serv… |
| HKD19-022-THE-GROUP |
HKD19-022-THE-GROUP |
62%
|
example, epidemics threaten people’s lives and may adversely affect their livelihood as well as their living and consumption patterns. The occurrence of an epidemic is beyond our control, and we cann… |
| HKD960-101-THE-GROUP |
HKD960-101-THE-GROUP |
62%
|
s due to the temporarily ceased business, consultancy and market research services, HKD6,845,155, an increase in prepayment, deposits and other receivables, HKD325,876, an increase in accrued expense… |
| LEASES-THE-GROUP |
LEASES-THE-GROUP |
62%
|
4 ), HKD25,303 and nil , respectively. Note 7 — Accrued expenses and other payables Accrued expenses and other payables consisted of the following: As of June 30, 2023 2024 HKD HKD US$ Accrued expens… |
| LTD-DALIAN-PENGYU-MANAGEMENT-CONSULTING-SERVICE- |
LTD-DALIAN-PENGYU-MANAGEMENT-CONSULTING-SERVICE- |
62%
|
ch human resources outsourcing service agreement has been filed as an exhibit of this Registration Statement. The Major In-country Partner’s service fees are calculated based on the pricing schedule … |
| MELKWEG-HOLDINGS |
MELKWEG-HOLDINGS |
62%
|
nd Macau; Galaxy Payroll (HK), Galaxy GEO Services, Galaxy HR (TW) and Galaxy HR (Macau) provide employment services in the PRC, Hong Kong, Japan, Taiwan, Macau, Australia and other Asian countries; … |
| MELKWEG-HOLDINGS-LIMITED |
MELKWEG-HOLDINGS-LIMITED |
62%
|
Company has offered consultancy and market research services, a majority of our end-users during the year ended June 30, 2022 engaged in the IT, industrial, media, advertising and entertainment, prof… |
| MELKWEG-HOLDINGS-LIMITED-MELKWEG-HOLDINGS-LIMITE |
MELKWEG-HOLDINGS-LIMITED-MELKWEG-HOLDINGS-LIMITE |
62%
|
Company has offered consultancy and market research services, a majority of our end-users during the year ended June 30, 2022 engaged in the IT, industrial, media, advertising and entertainment, prof… |
| OPERATING-EXPENSES-THE-GROUP |
OPERATING-EXPENSES-THE-GROUP |
62%
|
3). It resulted from US Fed’s rate hike leading to Asia-pacific region’s economy slow recovery and the decrease of seconded employees’ monthly remuneration package. Therefore, the decrease in revenue… |
| OPERATIONS-GALAXY-PAYROLL-GROUP-LIMITED |
OPERATIONS-GALAXY-PAYROLL-GROUP-LIMITED |
62%
|
People’s Republic of China (“PRC”) ● Incorporated on March 7, 2018 100% owned by Galaxy Payroll (China) Provision of payroll outsourcing and employment services Key Factors that Affect Results of Ope… |
| PAYROLL-GROUP-LIMITED |
PAYROLL-GROUP-LIMITED |
62%
|
axy Payroll Group Limited. D. Property Plant and Equipment Please refer to “Item 4. Information on the Company—B. Business Overview—Properties and Facilities.” Item 4A. Unresolved Staff Comments Not … |
| PRC-CHINA-KEY-HR-OUTSOURCING-CO-LIMITED |
PRC-CHINA-KEY-HR-OUTSOURCING-CO-LIMITED |
62%
|
e generally not subject to seasonality. 48 CUSTOMERS Our customers are mainly categorized as (i) channels which are global human resources service providers engaged by companies/organizations to hand… |
| RELATED-PARTIES-THE-GROUP |
RELATED-PARTIES-THE-GROUP |
62%
|
onsumed by the customers is substantially the same for each monthly transaction, even though the exact volume of services may vary each month. Therefore, the Group concludes that the monthly human ca… |
| SBC-G-K-EOS-GLOBAL-PARTNERS-LIMITED |
SBC-G-K-EOS-GLOBAL-PARTNERS-LIMITED |
62%
|
ch human resources outsourcing service agreement has been filed as an exhibit of this Registration Statement. The Major In-country Partner’s service fees are calculated based on the pricing schedule … |
| SHANGHAI-BANKING-CORPORATION-LIMITED |
SHANGHAI-BANKING-CORPORATION-LIMITED |
62%
|
4 ), HKD25,303 and nil , respectively. Note 7 — Accrued expenses and other payables Accrued expenses and other payables consisted of the following: As of June 30, 2023 2024 HKD HKD US$ Accrued expens… |
| SHANGHAI-FIRSTRAY-CHINA-HUMAN-RESOURCES-SERVICE- |
SHANGHAI-FIRSTRAY-CHINA-HUMAN-RESOURCES-SERVICE- |
62%
|
ch human resources outsourcing service agreement has been filed as an exhibit of this Registration Statement. The Major In-country Partner’s service fees are calculated based on the pricing schedule … |
| SHENZHEN-YICAI-MANPOWER-ZI-CONSULTANCY-CO-LTD |
SHENZHEN-YICAI-MANPOWER-ZI-CONSULTANCY-CO-LTD |
62%
|
ch human resources outsourcing service agreement has been filed as an exhibit of this Registration Statement. The Major In-country Partner’s service fees are calculated based on the pricing schedule … |
| TECHNICAL-COOPERATION-CORP |
TECHNICAL-COOPERATION-CORP |
62%
|
ch human resources outsourcing service agreement has been filed as an exhibit of this Registration Statement. The Major In-country Partner’s service fees are calculated based on the pricing schedule … |
| THEREFORE-THE-GROUP |
THEREFORE-THE-GROUP |
62%
|
The Group usually allows a credit term of ranging from 30 days to 90 days to its customers. Therefore, The Group concludes that the monthly payroll outsourcing services satisfy the requirements of AS… |
| ZHUHAI-HENGQIN-BRANCH-FESCO-ADECCO-SHANGHAI-CO-L |
ZHUHAI-HENGQIN-BRANCH-FESCO-ADECCO-SHANGHAI-CO-L |
62%
|
ch human resources outsourcing service agreement has been filed as an exhibit of this Registration Statement. The Major In-country Partner’s service fees are calculated based on the pricing schedule … |
