Phoenix Asia Holdings Limited is a Hong Kong–based construction company that specializes in substructure works, including site formation, ground investigation, and foundation services. Operating primarily through its wholly owned subsidiary, Winfield Engineering (Hong Kong) Limited, the company has been a subcontractor for both public and private sector projects in Hong Kong. Founded in 1990, Winfield Engineering has built a reputation for delivering high-quality substructure solutions, addressing challenges in foundation support systems constructed beneath ground level.
In 2024, Phoenix Asia Holdings Limited was incorporated as a holding company to oversee its subsidiary's operations. The company aims to become a premier substructure contractor in Hong Kong, delivering unparalleled customer satisfaction and maintaining the highest standards of work and safety.
On April 25, 2025, Phoenix Asia Holdings Limited commenced trading on the Nasdaq Capital Market under the ticker symbol "PHOE." The initial public offering (IPO) raised approximately $6.4 million, which the company intends to allocate toward business expansion, IT system upgrades, working capital, and potential strategic acquisitions.
As of September 11, 2025, Phoenix Asia Holdings Limited has 21 employees and is headquartered in Kowloon Bay, Hong Kong. The company continues to focus on its core competencies in substructure works while exploring opportunities for growth and development in the construction industry.