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Winchester Holding Group (WCHS) is a Hong Kong-based company specializing in luxury vehicle sales and distribution. Recently, the company completed a sales transaction with a high-profile customer in Hong Kong for the exclusive 'New Gunther Werks Porsche 911.' Despite not significant profit, the CEO emphasized the group's expertise in the supercar market, enabling them to navigate the challenging economic climate.
In another development, WCHS announced plans to acquire Zenos Investment ZN Limited, a BVI-based company holding exclusive rights to manufacture and distribute the 'E11' model globally. The CEO is optimistic about revitalizing the 'Zenos' brand in the England, Japan, and South East Asia markets.
Winchester Holding Group, trading under OTCPK WCHS, announced on November 16, 2022, that CEO Simon Wu visited the Ken Okuyama Design Showroom in Tokyo. The purpose was to discuss future collaboration and development opportunities between the Group and Ken Okuyama. The meeting also included talks about the delivery schedule for the Ken Okuyama Kode57 supercar to Hong Kong. This visit highlights the Group's commitment to expanding its automotive partnerships and enhancing its product offerings.
Winchester Holding Group (OTC PINK: WCHS) anticipates generating HKD$20 million in revenue by year-end 2021 from the resale of luxury vehicles. The company has a purchase agreement with Ken Okyuyama Design Co., Ltd for four Ken Okuyama Kode 57 and Kode 59 models. One vehicle is expected to arrive in Hong Kong in mid-October, with the remaining three scheduled for year-end. The revenue target aligns with expected sales from these vehicles by December 31, 2021.
Winchester Holding Group (OTC PINK:WCHS) has filed its 2020 Annual Report with OTC Markets, an essential step towards upgrading its market designation. CEO Simon Wu expressed optimism about increasing revenue in the latter half of the year, which is expected to generate more profits for shareholders. The report includes forward-looking statements but cautions investors about known and unknown risks that may affect future results. The company does not commit to updating these statements except as required by law.
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