Click Holdings Limited (("Click Holdings" or "Click" or "we" or "us", NASDAQ:CLIK) and its subsidiaries (collectively, the "Company"), a leading human resources and senior care solutions provider based in Hong Kong, announced the signing of a Memorandum of Understanding (MOU) with Chongqing Rongge Huida Human Resources Consulting Limited ("Rongge Huida"), based in Chongqing, China, to collaborate on labor importation under the Hong Kong Special Administrative Region's Enhanced Supplementary Labour Scheme (ESLS). This partnership marks a strategic expansion for Click in the human resources and senior care sectors, particularly in Chongqing, one of China's second-tier cities with a significant aging population, unlocking substantial growth opportunities.
Under the MOU, Click will leverage its AI-powered talent matching platform to source Hong Kong employers facing local recruitment challenges, assisting them in obtaining ESLS approvals while ensuring compliance with Hong Kong's Employees Retraining Ordinance and related regulations. Rongge Huida will recruit qualified Mainland Chinese workers to meet Hong Kong employers' needs and handle all necessary documentation and approvals for labor export from China. The partnership covers over 150 labor-shortage roles, including nursing, logistics, catering, retail, and cleaning, with a strong focus on senior care to address Hong Kong's urgent demand for professional caregivers.
Click's platform successfully connects over 110,000 job vacancies with freelancers annually, showcasing its robust capabilities in the HR market. Following a recent landmark contract with a Hong Kong government-affiliated entity, this partnership with a Chongqing company further solidifies Click's position in high-growth sectors. The Company expects that, leveraging Chongqing's vast talent pool and aging population demand, its business will achieve annualized growth potential exceeding 25%.
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