SU Group is a holding company incorporated in the Cayman Islands that conducts its operations through Hong Kong subsidiaries Shine Union and Fortune Jet, providing integrated security related services.
The company generates revenue primarily from security related engineering services, which include the design, supply, installation, and maintenance of threat detection systems, traffic and pedestrian control systems, and low voltage electrical systems, and from security…
SU Group is a holding company incorporated in the Cayman Islands that conducts its operations through Hong Kong subsidiaries Shine Union and Fortune Jet, providing integrated security related services.
The company generates revenue primarily from security related engineering services, which include the design, supply, installation, and maintenance of threat detection systems, traffic and pedestrian control systems, and low voltage electrical systems, and from security guarding and screening services as well as related vocational training services. In the fiscal year ended September 30, 2025, security related engineering services contributed HK$111.9 million (US$14.4 million), representing 58.1% of total revenues; security guarding and screening services generated approximately HK$76.8 million (US$9.9 million), or 39.9% of total revenues; and related vocational training produced HK$3.7 million (US$0.5 million), accounting for 1.9% of total revenues.
The company operates through the following segments: security related engineering services and security guarding and screening services and related vocational training services.
• Security related engineering services: This segment involves the design, supply, installation, and maintenance of security systems such as threat detection systems, traffic and pedestrian control systems, and low voltage systems, and includes project-based contracting, maintenance services, and equipment leasing.
• Security guarding and screening services and related vocational training: This segment provides security guarding services, screening services for air cargo, and vocational training courses such as the Certificate in Basic Security Services under QASRS and mandatory safety training.
SU Group holds a competitive position in Hong Kong's security services market, where it faces rivals such as Manifest Marketing Limited and ECI Technology Holdings Ltd, and differentiates itself through a broad portfolio of security system solutions, operational flexibility, an established reputation, and strong access to skilled professionals.
The company serves a diverse customer base that includes government departments, property management firms, logistics and air cargo operators, construction companies, educational institutions, and commercial entities such as banks and retailers.
Sector:IndustrialsSector rationaleThe company's primary revenue comes from security-related engineering services (58.1%), which include the design, installation, and maintenance of threat detection and control systems, and security guarding/screening services (39.9%). Both of these activities—providing facility security services and engineering/installation of industrial security hardware—fall under the 'Security Services' and 'Engineering and Construction' industries within the Industrials sector.Industries:Security ServicesIndustrialsPrimaryThe company provides physical security services, specifically security guarding and screening services for air cargo, which accounts for 39.9% of its revenue. It also provides vocational training for security services, aligning with the provision of physical and electronic security as a service.Engineering and ConstructionIndustrialsSecondaryThe company generates 58.1% of its revenue from security related engineering services, which include the design, supply, installation, and maintenance of threat detection and traffic control systems for customers like government departments and construction companies.Classified using BQ-MICSCIK: 0001969863