Wang & LEE Group, Inc. WLGSF

What this company does

We are a British Virgin Islands company incorporated on May 20, 2021, as a holding company of our business, which is primarily operated through our indirectly wholly-owned HK SAR subsidiary, WANG & LEE CONTRACTING LIMITED. On April 20, 2023, we announced the pricing of our initial public offering of 1,600,000 Ordinary Shares at $5.00 per share and commencement of trading of our Ordinary Shares on the Nasdaq Capital Market under the symbol, “WLGS”. We are, WANG & LEE CONTRACTING LIMITED, a construction prime and subcontractor engaging in the installation of Electrical & Mechanical Systems (“E&M”), which include low voltage (220v/phase 1 or 380v/phase 3) electrical systems, mechanical ventilation and air-conditioning systems, fire service systems, water supply and sewage disposal system installation and fitting out for the public and private sectors. WANG & LEE CONTRACTING LIMITED has mainly undertaken projects that are related to the supply, installation and maintenance of the following systems: ● Low voltage (220v/phase 1 or 380v/phase 3) electrical systems to power building equipment and services, such as lighting, air-conditioning and elevator etc.; ● mechanical ventilation and air-conditioning systems (“MVAC”); and ● fitting out for commercial buildings and offices; On Mach 12, 2025, the Company entered into a sale and purchase agreement with ALLIED WORLDWIDE INDUSTRIES LIMITED, for the purchase of the entire issued and outstanding share capital of Solar (HK) Limited (the “Acquisition”), a company incorporated under the laws of Hong Kong, for the consideration of HK$15,000,000 (equivalent to $1,935,484). The Acquisition closed on March 31, 2025.

Written from the business description in WANG & LEE GROUP, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 15 May 2025. Every sentence was checked against that document before publication.