Tradelink 2018 Annual Report

Chairman’s Statement (Continued) 主席報告書 （續） Tradelink Electronic Commerce Limited Annual Report 2018 08 Prospects (Continued) Turning to our GETS business, 2019 is the first year of the new GETS licence which has a term of 6 years from 2019 to 2024, extendable up to three years to 2027 at Government’s discretion so as to tie to their planned fully implementation of the Trade Single Window (“SW”). As the same three players since 2010 were granted the new GETS licence and will continue to provide the service, we expect the competitive environment to remain stable with them continuing to focus on serving their own customers and improving the quality of their services rather than competing with each other on price for customers. That said, the biggest uncertainty and difficulty for our GETS business in 2019 is no doubt the continuous headwinds from the looming Sino-US trade disputes slowing down the economy. A survey confirmed that the Hong Kong economy has had in 2019 one of the weakest starts of a year in a decade. Regarding the SW implementation, the same as I mentioned in the Group’s results reports in the last two years, we will keep a close watch on the progress and development of the mega project, in particular the likely future operating and business environment for Value Added Service Providers which we potentially will become when the current GETS licence expires. We will study the potential challenges and opportunities that may bring to us beyond 2024/2027 and, once we have more concrete information, we will plan our strategy and prepare our business accordingly. I am reasonably confident of our Commercial Services business given its strong growth momentum, renowned customer references and quality leads built up since the second half of 2018. It is worth mentioning that, before end of 2018, the Commercial Services team secured a sizeable project from a leading retail chain in Hong Kong to provide it with an advanced warehouse solution that employs automated material handling equipment to support its daily business operations. Our success in winning this project signifies our client’s recognition of our ability to provide advanced supply chain solutions, entailing usage of automated material handling equipment and Internet of Things technology, for modern warehouse operations. Although the uncertainty of the global economy would affect our GETS business, our hope is that would be compensated by the good performance of our thriving Commercial Services business and, as such, barring any possible major slump of the global economy should the worst come out of the Sino-US trade conflict, our E-Commerce business at large will have a stable outlook in 2019. 前景（續） 在 GETS 業務方面，二零一九年是新批出 GETS 牌照 的第一年，牌照有效期由二零一九年至二零二四 年為期六年，可由政府酌情續牌三年至二零二七 年，從而連接至其計劃中的全面實施貿易單一窗 口（「單一窗口」）。新批出 GETS 牌照是自二零一零 年以來三家現有服務供應商繼續提供服務，我們 預期競爭環境保持穩定，各自繼續專注於為其客 戶提供服務及提高服務質量，而並非在客戶價格 上相互競爭。就此而言， GETS 業務於二零一九年 的最大不確定因素及困難無疑是迫在眉睫的中美 貿易關係緊張所帶來的持續阻力，必然將拖慢我 們的經濟。有調查已確認香港經濟於二零一九年 已面對可能是十年內最疲弱的局面。 就政府的單一窗口實施計劃而言，如本人於過去 兩年的報告內主席報告書所述，我們將密切關注 這個大型項目的進展，尤其當將來 GETS 牌照屆滿 後我們可能成為的增值服務供應商而可能面對的 單一窗口經營及營商環境。我們將研究此項單一 窗口在二零二四年╱二零二七年後可能為我們所 帶來的潛在挑戰與機遇，並將在有更具體詳情時 籌劃我們的策略及作出準備。 另一方面，本人對商業服務業務抱有合理信心， 原因是其擁有強大發展動力、更多知名客戶轉介 及我們自二零一八年下半年起建立的優質客戶 群。事實上值得提及的是於二零一八年底前，商 業服務團隊已承接一個龐大項目，為香港一個大 型零售連鎖企業提供先進倉儲解決方案，並配備 自動物料處理設備以支援日常業務營運。我們成 功贏得這個項目，意味我們的客戶認同我們為現 代倉儲運作提供先進供應鏈解決方案並輔以自動 化物料處理設備及物聯網技術的能力。 雖然全球經濟的不確定性會影響我們的 GETS 業 務，但我們希望可以通過我們發展蓬勃的商業服 務業務的良好表現得以補償，因此，除非中美貿 易衝突令最壞情況發生，全球經濟出現重大衰 退，否則我們的電子商務業務將在二零一九年維 持穩定的前景。