PRIVATE COMPANY; YEAR ESTABLISHED: 1971
REVENUE: $232 million
Decorative coatings; Furniture coatings; Architectural coatings
Fung Ping Kwong, co-president; Chan Chuen Sang, co-president; Kang Ning,
chief technology officer.
Established in 1971, Bauhinia Coatings Group manufacturers decorative coatings, furniture coatings and architectural coatings. Approximately 45 percent of the company’s sales were focused in architectural and decorative markets; 55 percent was for the general industrial and industrial maintenance sectors. Parent company, Yip’s acquired coatings brands Camel, Aquapro and VIVA in 2018 and their respective architectural and industrial coatings businesses in Mainland China, Hong Kong and Macau. The Group believes that the acquisition will help gain a significant foothold in Hong Kong’s coating market and will create a synergy effect with the current businesses of the coatings group in areas such as manufacturing, technology, distribution and marketing, building a solid foundation for the development of Guandong-Hong Kong Macau Greater Bay Area.