SPRINGVIEW HOLDINGS Business Summary

Springview Holdings Ltd (SPHL) operates as a specialized construction and design firm in Singapore, generating revenue through a "one-stop" project delivery model that spans new construction, reconstruction, and additions and alterations (A&A) for landed residential and commercial properties. The company utilizes a fixed-price contract structure with milestone-based progress billings, supplemented by high-margin segments in bespoke carpentry and design consultation. As of March 2026, SPHL has expanded its business model to include building materials distribution and green-energy integration, notably through a strategic partnership with Jiangsu GSO New Energy and the acquisition of proprietary drainage technology IP. Within the Nasdaq-listed small-cap construction sector, SPHL competes with OneConstruction Group (ONEG), Ming Shing Group (MSW), and Primega Group (PGHL). SPHL maintains a premium market position by focusing on the high-end residential niche, differentiating itself from larger civil engineering firms through its pivot toward sustainable, technology-integrated boutique developments. The leadership team is headed by Chairman and CEO Zhuo Wang, a Babson College alumnus who transitioned from a marketing leadership role within the firm to oversee its global strategic expansion and 2024 Nasdaq listing. Operational execution is managed by Executive Director Siew Yian Lee, who brings over 20 years of Singaporean construction expertise and holds a Class 2 general builder’s license. In February 2026, the company appointed Lyu Liyan as Chief Financial Officer to lead its financial strategy and U.S. capital market compliance, succeeding Jordan Tse. The board of directors includes independent members such as Audit Chair Xirui Guo, appointed in early 2026, and Mikael Charette, ensuring robust governance for the 2002-founded enterprise. Following a successful 2025 reverse share split to maintain listing requirements, the company’s leadership has focused on institutionalizing its investor base while retaining the agility of its 70-person core team.