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	Polyfair Holdings Limited
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	WARNING
	IMPORTANT
	CHARACTERISTICS OF GEM
	EXPECTED TIMETABLE
	CONTENTS
	SUMMARY
	DEFINITIONS AND GLOSSARY
	FORWARD-LOOKING STATEMENTS
	RISK FACTORS
	INFORMATION ABOUT THIS DOCUMENT AND THE [REDACTED]
	DIRECTORS AND PARTIES INVOLVED IN THE [REDACTED]
	CORPORATE INFORMATION
	INDUSTRY OVERVIEW
	REGULATORY OVERVIEW
	HISTORY, REORGANISATION AND CORPORATE STRUCTURE
	BUSINESS
	RELATIONSHIP WITH OUR CONTROLLING SHAREHOLDERS
	FUTURE PLANS AND [REDACTED]
	DIRECTORS AND SENIOR MANAGEMENT
	SHARE CAPITAL
	SUBSTANTIAL SHAREHOLDERS AND SIGNIFICANT SHAREHOLDERS
	FINANCIAL INFORMATION
	UNDERWRITING
	STRUCTURE AND CONDITIONS OF THE [REDACTED]
	HOW TO APPLY FOR THE [REDACTED]
	APPENDIX I – ACCOUNTANTS’ REPORT
	APPENDIX II – UNAUDITED PRO FORMA FINANCIAL INFORMATION
	APPENDIX III – SUMMARY OF THE CONSTITUTION OF OUR COMPANY AND CAYMAN ISLANDS COMPANY LAW
	APPENDIX IV – STATUTORY AND GENERAL INFORMATION
	APPENDIX V – DOCUMENTS DELIVERED TO THE REGISTRAR OF COMPANIES IN HONG KONG AND AVAILABLE FOR INSPECTION