DirectBooking Technology ZDAI

ZDAI is a holding company incorporated in the Cayman Islands that conducts operations through its Hong Kong subsidiary Primega Construction. The company provides soil and rock transportation services and construction works, primarily serving as a subcontractor to other construction contractors in Hong Kong. Its operations focus on the handling, loading and transport of excavated materials such as soil and rock, as well as performing excavation and lateral support works and bored piling for foundation construction. ZDAI emphasizes environmentally friendly practices by reusing suitable construction and demolition materials to reduce waste and lower disposal costs.

ZDAI generates revenue mainly from its soil and rock transportation services and its construction works division. The transportation business involves moving excavated soil and rock from construction sites to government waste disposal facilities or to customers who reuse the materials for reclamation and site formation projects. The construction works business provides excavation and lateral support (ELS) services and bored piling work, typically under contracts with property development and civil engineering contractors. Additionally, ZDAI earns income from the sale of rock materials to third parties under long‑term supply agreements at a fixed price per ton. All services are delivered on a project‑by‑project basis, with pricing based on cost‑plus or market‑based calculations that consider distance, volume, timing and competitive conditions.

The company operates through the following segments:

• Soil and rock transportation services: This segment manages a fleet of 45 tipper trucks and associated equipment to transport soil and rock excavated from construction sites. It handles loading, hauling and disposal of materials at landfills, sorting facilities or public fill reception facilities, while also identifying and delivering reusable aggregates to customers for recycling and resale.

• Construction works: This segment performs excavation and lateral support (ELS) works and bored piling for foundation projects. It utilizes equipment such as excavators, air compressors, crawler cranes and oscillators to create supported excavations and install reinforced concrete piles that bear heavy loads for infrastructure development.

Within Hong Kong’s construction and demolition debris handling industry, ZDAI occupies a competitive position in a fragmented market. Its main competitors are other subcontractors engaged in foundation and site formation works and companies specializing in logistics and transportation of construction materials. ZDAI’s competitive advantages include a owned fleet of 45 tipper trucks and machinery, an in‑house servicing team that ensures equipment readiness, a strong network of subcontractors that provides additional capacity, long‑standing relationships with key customers built over many years, and an experienced management team with over a decade of industry expertise in project management, quantity surveying and construction logistics.

ZDAI’s customer base consists primarily of foundation and site formation subcontractors working on property development and civil engineering projects in Hong Kong. Major customers that have each contributed more than ten percent of revenue include Chi Yip Eng. & (Trans.) Company Limited, Workbase Engineering Limited, Primewin Corporate Development Limited and Shun Kai Investment Development Limited. The related party Chi Yip also accounts for a smaller share of revenue. Customers generally engage ZDAI on a project‑by‑project basis, reflecting the prevailing market practice in the industry.