Company: MEGL
Filing Date: 2025-06-09
Form Type: F-1/A
Source: 0001641172-25-014301
Chunk: 13

Company: Magic Empire Global Ltd
Filing Date: 2025-06-09
Form: F-1/A
Chunk 13
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 IPO sponsorship services was inevitably affected and the demand for our IPO sponsorship services decreased. In view of the market conditions of Hong Kong market, we diversified our business to explore projects to advise our clients listing in other key capital markets such as the United States and we completed five financial advisory projects for clients pursuing listing on Nasdaq during the year ended December 31, 2024. Revenue from our financial advisory and independent financial advisory services were HK$11,730,000 (US$1,510,100) for the year ended December 31, 2024, representing 91.8% of our total revenue for the year ended December 31, 2024. While the financial advisory and independent financial advisory services is our key business service offering, we will continue to provide comprehensive corporate finance advisory services to our clients, including IPO sponsorship, financial advisory and independent financial advisory services, compliance advisory services and corporate services. Competitive Strengths We believe the following competitive strengths differentiate us from our competitors:

| ● | We are an active financial                              
 service provider with a proven track record;            |
| ● | We have a strong client base;                           |
| ● | We provide comprehensive                                
 corporate finance advisory services to our clients; and |
| ● | We have experienced and competent                       
 and processional staff.                                 |

Our Strategy We intend to pursue the following strategies to further expand our business:

| ● | Further strengthening our                                     
 corporate finance advisory business in Hong Kong; and         |
| ● | Expanding our market presence                                 
 in other international capital markets, in particular the US. |

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Corporate History and Structure In May, 2016, MEGL was incorporated under the laws of the BVI, as the ultimate holding company of our Group. In June, 2016, GFHL was incorporated under the laws of Hong Kong, as an intermediate holding company. In June, 2016, GCL was incorporated under the laws of Hong Kong to provide corporate finance services. GCL was licensed to undertake Type 6 (Advising on corporate finance) regulated activity and act as sponsor by the SFC in February 2017. In September 2022, GIL and MEIL were incorporated under the laws of Hong Kong as investment holding companies. In August 2023, GCSL was incorporated under the laws of Hong Kong to provide corporate services. The chart below illustrates our corporate structure and identifies our subsidiaries as of the date of this prospectus and upon completion of this offering:

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