Accel Group Won Two More Awards

"Outstanding Newly-listed Enterprises Award 2020" and the "Most Outstanding Electrical and Mechanical Engineering Services Award 2020"

HONG KONG, Dec. 10, 2020 /PRNewswire/ -- Accel Group Holdings Limited (Stock code: 1283.HK, "Accel Group" or the "Group") is pleased to announce that, after being selected as one of the "Forbes Asia's 200 Best Under A Billion" by the internationally renowned financial magazine "Forbes" last month, the Group won two more awards this month, including the "Outstanding Newly-listed Enterprises Award 2020" by the famous Hong Kong financial magazine "Economic Digest"; and the "Most Outstanding Electrical and Mechanical Engineering Services Award 2020"issued by CORPHUB, which fully demonstrates that the Group's contribution and outstanding performances has been recognized by the industry.

"Outstanding Newly-listed Enterprises Award 2020" Issued by "Economic Digest" in "Hong Kong Outstanding Enterprise Parade 2020"

Organized by Economic Digest, one of the oldest and most popular Chinese financial magazines in Hong Kong, "Hong Kong Outstanding Enterprise Parade 2020" has been held for more than 16 times. The outstanding enterprises have been selected from more than a thousand listed companies in Hong Kong, according to the six selection criteria, including corporate vision and mission, annual performance, corporate governance, popularity among minority shareholders, technological research and development, and company achievements in the industry. With the extensive scope and professionalism of the assessment, Accel group is honored to be awarded the "Outstanding Newly-listed Enterprises Award 2020", indicating that the capital market fully recognizes the outstanding performance and contribution of the Group since its listing in October 2019.

"Most Outstanding Electrical and Mechanical Engineering Services Award 2020" Awarded by CORPHUB in "Hong Kong's Most Outstanding Services Awards 2020"

In addition, with its outstanding achievements in mechanical and electrical engineering services and outstanding business performance in the past year, Chit Tat Electrical Engineering Limited, a wholly-owned subsidiary of Accel Group has stood out among the peers and was awarded the "Most Outstanding Electrical and Mechanical Engineering Services Award 2020" in the "Hong Kong's Most Outstanding Services Awards 2020" organized by CORPHUB. The awards presented during "Hong Kong's Most Outstanding Services Awards 2020" comprises a professional evaluation team with industry leaders, members of the chamber of commerce and authorities from all walks of life. It aims to recognize the contributions and achievements of enterprises in different fields, and to showcase the unique business practices to the industry and the public. The Group has been engaged in the mechanical and electrical engineering industry for many years, and has been committed to providing high-quality mechanical and electrical engineering services. This award is the recognition of the Group's contribution and dedication to the mechanical and electrical engineering industry, and affirms the Group's vision of establishing a role model in the mechanical and electrical engineering industry.

Mr. Ko Laihung, Chairman and Chief Executive Officer of the Group, said, "The Group has continuously received good news recently. After being included in the MSCI Hong Kong Micro Cap Index and being awarded the "Forbes Asia's 200 Best Under A Billion" by Forbes, the Group recently won extra two awards with a double blessing descended. This is undoubtedly the authoritative recognition of the Group's performance since listing and achievements in the industry by the capital market and the industry, and fully reflects the industry's confidence in the future prospects of the Group.

Looking forward to the future, the Group will continue to gain momentum, actively grasp the opportunities in the domestic and foreign markets, continue to take root in mechanical and electrical engineering services, and strive for improvement in stability, so as to promote the "smart" transformation of the Group's business, and let more people experience the high-quality life brought by innovative technology."

About Accel Group Holdings Limited (Stock code: 1283.HK)

Accel Group Holdings Limited (the "Group") listed on the Main Board of the Stock Exchange of Hong Kong Limited in 2019. It is an electrical and mechanical engineering services provider with good track record. Its key customers are famous developers and architectural firms in Hong Kong. The Group has established experience in several significant construction projects for famous developers and architectural firms in Hong Kong. The Group is mainly engaged in installing electrical and mechanical facilities for various developers, including the installation of air-conditioning system, drainage system, water supply, swimming pool and fountain system, electrical and control system as well as smart electrical control system in buildings. The Group is committed to providing quality electrical and mechanical engineering services.

About Chit Tat Electrical Engineering Limited

Chit Tat Electrical Engineering Limited is a wholly-owned subsidiary of Accel Group Holdings Limited. It has approximately 30 years of mechanical and electrical engineering service experience and a solid foundation. It is equipped with professional technical personnel and construction teams. It occupies an important position in Hong Kong's mechanical and electrical engineering industry, especially in private residential air-conditioning projects. Chit Tat Electrical Engineering Limited is committed to giving full play to its expertise in mechanical and electrical engineering technology to provide high-quality services, adhering to the customer-oriented spirit, striving to become a highly influential and competitive high-quality mechanical and electrical engineering company in Hong Kong, and helping the parent company Accel Group to establish a solid industry position.

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