To all our valued stakeholders,

Since its establishment in Hong Kong in 1989, Cho Ei Hong Kong has primarily engaged in plastic processing.
The Plastic World Group began its journey with resin coloring and has since expanded its activities to include PVC and PP compounds, recycled grades, bioplastic grades, flame-retardant grades, weather-resistant grades, and conductive resin compounds.
Fineplas Huizhou and Gaisen Suzhou  specializes in mold design and manufacturing for injection molding, molding, and assembly operations. The metal stamping business was initiated in Huizhou, China, in collaboration with Fineplas Japan, and has since expanded to Japan and the Philippines.

We are immensely grateful for the generous support we have received from our customers, business partners, local communities, shareholders, partner companies, and employees—our cherished stakeholders—allowing us to continue our business operations.
Thank you sincerely from the bottom of our hearts.

Having surpassed 30 years of operation, the company will mark its 40th anniversary in 2028 and its 50th anniversary in 2038. Aspiring to become a 50-year company and eventually a centennial company, we are committed to daily efforts to bring joy to all our stakeholders.

Our business philosophy, "Cho Ei Way," encompasses the company's purpose of existence, our corporate mission, and guiding principles for decision-making and actions by our executives and employees.

The most critical aspect of a company's value lies in its ability to cater to the evolving needs of society with precision and to consistently contribute to society while supporting our customers.

Such contributions generate fair profits, enabling investments in research and development, facilities, and personnel, while also distributing profits equitably to all stakeholders. This, in turn, ensures the happiness of our employees and their families.

Considering current social conditions, our future business goals and strategies will focus on the following areas:

1. *From Quantity to Value*  

Chinese companies are beginning to gain overwhelming competitiveness in the manufacturing industry.  Within this context, we aim to become a top player in specific market sector (niche market) not by chasing sales volume or amount, but by providing differentiated products and services to create value.  

2. *Supply Chain Next to Our Customers*  

Recently, our customers have requested small lots, short lead times, inventory reduction, logistics cost reduction, and the Provision of mechanisms for CO2 reduction.

Plastic processing is conducted at our four factories in Shenzhen, Zhongshan, Suzhou and Philippines.  We have also tooling  and injection production in Huizhou, Suzhou and Philippine.  Metal stamping is carried out in Huizhou, Ibaraki/Japan and Philippines.

Together with our business partners, we established Ecoplas Hong Kong to reuse waste plastics generated in Hong Kong, process them and develop applications for local customers.  We are working on recycling initiatives in Hong Kong, and this business model will be expanded to ASEAN region, where it will be needed in future.

3. *Providing Total Solution Services*  

Our group manufacturing activities engages in resin processing, injection molding , tooling and metal stamping, it offers comprehensive solutions to our customers.  

To produce the parts of customers need, they previously had to co-ordinate with various resin processing manufacturers, tooling markers, injection and assembly manufacturer.  Our group can introduce the appropriate resin based on the characteristics of the parts required, along with processing, mold design specifications, tooling making, stamping technology, and production technology for injection and assembly.

As the Cho Ei Group, we have to provide our customers with total solution services supports.

4. *Utilizing the Strengths of Each Territory*  

A strong aspect of Japanese manufacturing culture is the dedicated focus on quality improvement and technological development.  We believe it is important to extend this to overseas factories.

Under the slogan “Manufacturing 2025”, China has significantly strengthened its international competitiveness in manufacturing.  It has a dominant position in materials sourcing, manufacturing equipment, automation and infrastructure cost, including electricity.

Hong Kong, under the “One Country, Two Systems” framework, remains an international financial city with advantage in taxes and tariffs.  Hong Kong has great human resources supply of intelligent, various Fund subsidies and Government support, making it an ideal place for capital utilization and research and development.   

By fully leveraging the strengths of Japan, China, and Hong Kong, we will continue to develop our business in the ASEAN region, which is poised for steady growth.  

5. *Pursuit of Employee and Family Happiness*  

Upholding the belief that "employees are our most valuable asset," we will invest in personnel development and activation.

We look forward to your continued guidance, support, and patronage.

KAWAZOE Satoshi
CEO of Cho Ei Limited