Company: CLIK
Filing Date: 2025-03-19
Form Type: F-1
Source: 0001213900-25-025112
Chunk: 102

Company: Click Holdings Ltd.
Filing Date: 2025-03-19
Form: F-1
Chunk 102
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 to cope with the anticipated increasing demand arising from the aging population. In 2017, the social and personal services sector was ranked the second largest in terms of manpower needs and accounted for 20.3% of the total manpower requirements of the whole economy in Hong Kong. It is projected the manpower requirements of the sector will increase at an average annual rate of 0.9% from 732,200 in 2017 to 799,700 in 2027. For the sub -sectorof nursing homes, residential care activities and social work activities catering to the elderly and persons with disabilities, which mainly includes elderly care services and rehabilitation services provided in both nursing homes and the community, the manpower requirements are projected to grow at an average annual rate of 2.7% from 43,500 in 2017 to 56,900 in 2027. 63 Logistics and other services sector The logistics sector is a sub -sectorof the trading and logistics sector, which can be further categorized into freight transportation, warehousing and storage, and postal and courier segments. The segment of logistics sector covered by our services mainly relates to warehousing and storage, which involves the operation of storage and warehouse facilities for various goods such as general merchandise warehouses, refrigerated warehouses and storage tanks. Notably, our services do not cover container yards and container freight stations. The trading and logistics industry is the largest among Hong Kong’s four pillar industries contributing significantly to GDP and requiring a substantial workforce. In 2017, the sector accounted for 21.5% of overall GDP and employed 739,200 individuals. It comprises import and export trade, wholesale, freight transportation (land, water and air), warehousing and storage and postal and courier activities. In recent years, the trading and logistics industry has faced a mix of positive and negative developments. By comparison, with Hong Kong’s prime geographic location in the global aviation network together with the efficiency and competitiveness of the Hong Kong International Airport, air freight throughput has increased over the years and the rising trend is expected to continue in the coming years. The major challenges included the slowdown in regional trade, the declining trend in container throughput at the Hong Kong Port and the intense competition from the neighboring economies for logistics business. In contrast, the popularity of e -commerceand direct online trading between manufacturers and retailers has reduced the demand for intermediary wholesale business on one hand, but has created an increasing need for storage and delivery services, which we specialize in. For the sub -sectorof warehousing and storage, the