February 2017

40 APAC / February 2017 , Founded in 2007, Da Kong (HK) Ltd is a trading firmbased inHong Kong that supplies printed and customdesignedmaterials. Miles Leach, founder andmanaging director tells us more about how the firmoperates. Paper Power DaKong is a global supplier of printed materials and custom designed packaging. The company provides structural and graphic design, professional project management, printing and assembling, vendor managed inventory, and in- house logistics to international locations. The group’s products are produced primarily of paper and paperboard, but also include composites with plastic, foam, and fabrics. Miles Leach, founder and managing director tells us more. “Our customers are from a wide range of industries including: educational publishers, gifts and home products, sports and special events, spirits and liquor, and fragrances and cosmetics. Our success depends on our customers. If their products perform well in the market, then they will return for additional supply. In an often tumultuous environment, we focus on executing the quality and timelines we commit to. “Over the past ten years, Da Kong has developed a large supplier network that has helped create additional opportunities. More recently, Da Kong has injected more than HK$10,000,000 to enable set up of our 40,000sqft subsidiary factory in Dong Guan, China. The group utilizes various capabilities, both internal and external, to create synergies which allow us to provide most adequately to international clients. With a close understanding of our clients and their company position, we can align our resources more precisely to deliver accurately on their expectations.” Miles briefly describes the most prevalent trends in the industry over the past 12 months, and how the business has adapted around them. “My first [currency] exchange in China was with a rate of 8.11CNY to 1USD. In subsequent years, it dropped down to as low as 6.15CNY to 1USD. This year, we have had to adapt to a reversal of the value of the Chinese Yuan. It de-valued more than 7% in 2016 compared with the US Dollar. Given this our customers have stronger buying and bargaining power, however at the same time we see increased costs on imported materials used in China manufacturing.” DaKong can look forward to a bright and prosperous future in 2017 and beyond. K Company: Da Kong (HK) Ltd Name: Miles Leach Email: [email protected] Web Address: www.da-kong.com Address: 19B Man On Commercial Bldg, 12 Jubilee Street. Central, Hong Kong Telephone: + 852.3571.9120 AB160035