Wellchange Holdings Company Limited · NASDAQ:WCT
Wellchange — IPO Roadshow (August 2024)
29 slides from Wellchange's IPO roadshow presentation, Aug 20, 2024
Slide 1: Wellchange Holdings Issuer Free Writing Prospectus
WELLCHANGE HOLDINGS COMPANY LIMITED Issuer Free Writing Prospectus Dated August 20, 2024 Filed Pursuant to Rule 433 of the Securities Act of 1933, as amended Relating to Preliminary Prospectus dated August 19, 2024 SEC Registration No. 333 - 276946 Nasdaq Ticker: WCT
Slide 2: Free Writing Prospectus Statement
Free Writing Prospectus Statement This free writing prospectus relates to the proposed public offering of ordinary shares (“Ordinary Shares”) of Wellchange Holdings Company Limited (“we,” “us,” or ‘our’) and should be read together with the Registration Statement we filed with the U . S . Securities
Slide 3: Forward Looking Statements
Forward Looking Statements 3 This presentation contains forward - looking statements that reflect our current expectations and views of future events, all of which are subject to risks and uncertainties . Forward - looking statements give our current expectations or forecasts of future events . You
Slide 4: Offering Summary
Offering Summary WELLCHANGE HOLDINGS COMPANY LIMITED Issuer Initial Public Offering Offering Type Nasdaq Capital Market – “WCT” Proposed Listing/Symbol 2 , 000 , 000 Ordinary Shares (including 1 , 100 , 000 new Ordinary Shares issued and 900 , 000 Ordinary Shares from Selling Shareholders) (or 2 , 1
Slide 5: Investment Highlights
Investment Hightlights x SMBs hold a significant position in the economy of Hong Kong x Continuous growth and development of SME startups Focus on SMBs market » Upward trend in SaaS industry in Hong Kong » Consistent growth trajectory showcases the growing reliance of businesses on cloud services Gr
Slide 6: Content
Content 01. Company Overview 02. Financial Highlights 03. 04. Market Analysis 05. Our Products and Services Our Management Team See offering documents for further risks and disclosures. There is no guarantee that any specific outcome will be achieved. I nve stments may be speculative, illiquid and t
Slide 7: Company Overview
Company Overview 01. See offering documents for further risks and disclosures. There is no guarantee that any specific outcome will be achieved. I nve stments may be speculative, illiquid and there is a risk of loss. 7
Slide 8: Company Profile
Company Profile To empower our customers and users, in particular, SMBs, to accelerate their digital transformation, optimize productivity, improve customer experiences, and enable resource - efficient growth with our low - cost, user - friendly, reliable and integrated all - in - one Enterprise Res
Slide 9: Corporate Structure
Corporate Structure See offering documents for further risks and disclosures. There is no guarantee that any specific outcome will be achieved. I nve stments may be speculative, illiquid and there is a risk of loss. 9
Slide 10: Competitive Advantages
Competitive Advantages One - stop enterprise software solutions Broad customers’ base We offer comprehensive, integrated, scalable, and one - stop enterprise software solutions customized to the needs of SMBs to manage their customer relationships and enterprise resources. We have an extensive, dive
Slide 11: Growth Strategies
Growth Strategies To further leverage our existing reputation and expertise in relation to the Hong Kong market, we intend to continue to invest in sales and marketing efforts to maximize our customer base in Hong Kong. We continue to focus on strengthening our partnerships, leveraging our proximity
Slide 12: Our Products and Services
Our Products and Services 02. See offering documents for further risks and disclosures. There is no guarantee that any specific outcome will be achieved. I nve stments may be speculative, illiquid and there is a risk of loss. 12
Slide 13: Products Lines
Products Lines Customized Software Solutions Three Primary Product Lines See offering documents for further risks and disclosures. There is no guarantee that any specific outcome will be achieved. I nve stments may be speculative, illiquid and there is a risk of loss. White - label Products MR. CLOU
Slide 14: Customized IT Solutions
» Provide customized software solutions based on customers’ specifications » Experienced partner for SMBs to design, develop, integrate, test, deploy, and support high - quality customized applications, software, websites, and IT solutions » Develop customized ERP and CRM solutions deployed on multi
Slide 15: MR. CLOUD SaaS ERP Platform
» Launched in summer of 2020 » Our proprietary cloud - based SaaS ERP software platform developed in response to the increasing demand from our SMBs customers » Accessible, Affordable, Comprehensive, and User - friendly » Lower - priced and Easier - to - implement technology solutions » Ten modules
Slide 16: White Label Software
» 9JKVG .CDGN UQHVYCTG UGNH FGXGNQRGF UQHVYCTG VQ EQTRQTCVG EWUVQOGTU » 7PDTCPFGF UQHVYCTG QPVQ YJKEJ QWT EWUVQOGTU CFF VJGKT QYP DTCPFKPI CPF VJGP TGUGNN CEEGUU VQ VJG UQHVYCTG » EWUVQOK\G YJKVG NCDGN UQHVYCTG CRRNKECVKQPU CPF KPVGITCVG EWUVQO HGCVWTGU KPVQ VJG FGHCWNV YJKVG NCDGN CRRNKECVKQPU CPF
Slide 17: Our Management Team
Our Management Team 03. See offering documents for further risks and disclosures. There is no guarantee that any specific outcome will be achieved. I nve stments may be speculative, illiquid and there is a risk of loss. 17
Slide 18: Management Team
Management Team Tang Chi Hin Chief Technology Officer • Software Engineer, Pureblue Limited, January 2005 to December 2021 • Programmer, Sun Hing Steel Furniture Fty Ltd . , May 2004 to December 2004 • Software Consultant, Power Infinite Limited, May 2003 to March 2004 • Web Programmer, PhotoChina .
Slide 19: Board of Directors
Board of Directors • Mr. Shek Kin Pong - Chairman • Mr. Au Ho Chi – Director • Mr. Tang Chi Hin – Director □ Mr. Michael Chung Fai Ng – Audit Committee Chairman □ Mr. Chu Chi Hong – Compensation Committee Chairman □ Ms. Bai Yang – Nominating and Corporate Governance Committee Chairman □ Mr. Lau Yun
Slide 20: Market Analysis
Market Analysis 04. See offering documents for further risks and disclosures. There is no guarantee that any specific outcome will be achieved. I nve stments may be speculative, illiquid and there is a risk of loss. 20
Slide 21: Macroeconomic analysis of SMBs in HK
» In Hong Kong, SMBs hold a significant position in the economy, accounting for a substantial portion of the business landscape . » From 2018 to 2022 , the number of SMBs increased to 336 . 6 thousand in 2022 with a CAGR of 0 . 2 % , and its proportion to all enterprises remained stable with a sligh
Slide 22: Market size of software solutions industry in HK
□ As a leading business centre in the Asia Pacific region, Hong Kong keeps increasing its competitiveness in the IT sector. □ In 2018, the industry’s total market size in terms of revenue was US$904.0 million. The size expanded to US$1,022.0 million in 2022 with a CAGR of 3.1%, demonstrating steady
Slide 23: Market size of SaaS in HK
□ dŚĞĐůŽƵĚƐĞƌǀŝĐĞƐŝŶĚƵƐƚƌLJŝƐŐĂŝŶŝŶŐŝŶĐƌĞĂƐŝŶŐĂƩĞŶƟŽŶŝŶ,ŽŶŐ<ŽŶŐ͘ □ ^ĂĂ^ƐĞĐƚŽƌĞdžƉĞƌŝĞŶĐĞĚĂŶŝŶĐƌĞĂƐĞĨƌŽŵh^ΨϮϱϴ͘ϰŵŝůůŝŽŶƚŽh^Ψϳϱϰ͘ϵŵŝůůŝŽŶĨƌŽŵϮϬϭϴƚŽϮϬϮϮ ǁŝƚŚĂ'ZŽĨϯϬ͘ϳй͘ □ dŚĞ^ĂĂ^ŝŶĚƵƐƚƌLJŝŶ,ŽŶŐ<ŽŶŐŝƐĞdžƉĞĐƚĞĚƚŽĐŽŶƟŶƵĞƚŚĞƵƉǁĂƌĚƚƌĞŶĚ͕ĨƌŽŵh^Ψϳϱϰ͘ϵŵŝůůŝŽŶƚŽ h^Ψϭ͕Ϯϯϲ͘ϬŵŝůůŝŽŶĂƚĂ'ZŽĨϭϬ͘ϰйĚƵƌŝŶŐϮϬϮϮƚŽϮϬϮϳ͘ Market
Slide 24: Market Drivers, Trend, and Challenges
Market Drivers, Trend, and Challenges Increasing demand of digital transformation to achieve automation by SMBs Development of E - commerce in Hong Kong Development of online payment Paperless will become the new era with a focus on environmental sustainability Advancement of underlying technology G
Slide 25: Competitive landscape
□ dŚĞ ƐŽŌǁĂƌĞ ƐŽůƵƟŽŶƐ ŝŶĚƵƐƚƌLJ ŝŶ ,ŽŶŐ <ŽŶŐ ŝƐ Ă ĐŽŵƉĞƟƟǀĞ ĂŶĚ ĚLJŶĂŵŝĐ ŵĂƌŬĞƚ ͘ □ /Ŷ ϮϬϮϮ ͕ ƚŚĞƌĞ ǁĞƌĞ ŵŽƌĞ ƚŚĂŶ ϭϱ ͕ ϬϬϬ ƉĂƌƟĐŝƉĂŶƚƐ ŝŶ ,ŽŶŐ <ŽŶŐ͛Ɛ ŝŶĨŽƌŵĂƟŽŶ ĂŶĚ ĐŽŵŵƵŶŝĐĂƟŽŶƐ ŝŶĚƵƐƚƌLJ » ďŽƵƚ ϳϬ й ŽĨ ƚŚĞŵ ŝŶǀŽůǀĞĚ ŝŶ /d ƐĞĐƚŽƌ » ĂĐĐŽƵŶƟŶŐ ĨŽƌ ϯ й ŽĨ ƚŚĞ ƚŽƚĂů ŶƵŵďĞƌ ŽĨ ĞŶƚĞƌƉƌŝƐĞƐ ŝŶ ,ŽŶŐ <ŽŶŐ □
Slide 26: Financial Highlights
Financial Highlights 05. See offering documents for further risks and disclosures. There is no guarantee that any specific outcome will be achieved. I nve stments may be speculative, illiquid and there is a risk of loss. 26
Slide 27: Financial Highlights
Financial Highlights 1 See offering documents for further risks and disclosures. There is no guarantee that any specific outcome will be achieved. I nve stments may be speculative, illiquid and there is a risk of loss. 27 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 For the year ended December
Slide 28: Financial Highlights
Financial Highlights 2 See offering documents for further risks and disclosures. There is no guarantee that any specific outcome will be achieved. I nve stments may be speculative, illiquid and there is a risk of loss. 28 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 AS AT DE
Slide 29: Contact Details
WELLCHANGE HOLDINGS COMPANY LIMITED Issuer ● Shek Kin Pong Founder, CEO and Chairman ● Tel (+852) 9171 - 0926 ● Email power@wchingtech.com DOMINARI SECURITIES LLC Underwriter ● Kyle M. Wool Chief Executive Officer ● Tel +1 212 393 4501 ● Email kwool@dominarisecurities.com Contact Details Webs for SE