(Hong Kong – 29 March 2023) Hung Fook Tong Group Holdings Limited (“HFT”, SEHK stock code: 1446) and HKBN Enterprise Solutions (“HKBNES”) announced that they will continue their close partnership by embarking on a new five-year strategic collaboration. Serving as HFT’s major telecom and technology solutions provider in Hong Kong, HKBNES will provide comprehensive telecom and system integration (SI) services, including network infrastructure upgrade, professional managed IT services and technical support, POS system optimisation and office hardware upgrade and more, to accelerate HFT’s digital transformation and improve its operational efficiency.
Dr. Ricky Szeto, Chief Executive Officer & Executive Director of HFT shared, “We are excited to further deepen our partnership with HKBNES. Riding on HKBNES’s powerful SI capabilities and flexible service model, we are able to cope with IT system upgrade and transformation without resources arrangement hurdles. We also utilise HKBNES’s retail solutions to enhance our sales and marketing strategies. Our team can therefore focus on product development and business expansion, as well as improving customer experiences without worrying about technical challenges.”
William Yeung, HKBN Co-Owner and Executive Vice-chairman said, “Winning together with our partners and customers has been HKBN’s core value. Thanks to the trust from HFT, this long-term partnership not only further enhances our relationship, but also proves that HKBNES’s professional strengths in telecommunications and SI are beyond doubt. We will continue to seize business opportunities with HFT by building competitive advantages with innovative and flexible strategies, underpinning market positions of both parties.”
HFT and HKBN have worked closely for many years. Since 2020, they entered into a long-term “Barter & Bundle” strategic arrangement wherein HKBNES provided a full range of ICT support services, and HFT settled part of its telecom and technology service payments with product vouchers, which in-turn were used as shopping deals for HKBN’s extensive residential customer base. This strengthened partnership is expected to spark greater synergies for both companies, as HKBNES’s powerful IT expertise will bring the latest technology solutions and elevated customer experiences to HFT and its customers. One recent example is HFT’s adoption of HKBNES’s first ESG IoT solution, which leverages a 24/7 real-time energy monitoring system to enhance HFT’s overall energy efficiency management and ESG data reporting.
Photo caption: Hung Fook Tong and HKBNES embark a five-year strategic collaboration. HKBNES will provide comprehensive telecom and system integration services to accelerate HFT’s digital transformation.
(On left: Dr. Ricky Szeto, Chief Executive Officer & Executive Director of HFT; On right: William Yeung, HKBN Co-Owner and Executive Vice-chairman.)
Dr. Ricky Szeto (sitting left), Chief Executive Officer & Executive Director of HFT and William Yeung (sitting right), HKBN Co-Owner and Executive Vice-chairman are leading both respective teams in a strategic partnership to grow and transform.
