Eva Precision Industrial Holdings, which is involved in the design and manufacture of metal moulding and stamping products, plans to list on the main board of the Hong Kong Stock Exchange, sources say. The company had $290 million revenue last year, double its 2002 level, said chairman Cheung Kit, who declined to disclose more details on the listing plan. Its profit has been growing 'in double and triple digits' annually in the past few years, he added. The Hong Kong firm is expanding its manufacturing facility in Shenzhen, where its third factory should start operations next month, said Mr Cheung. Eva now has two factories on a 60,000 square metre site in Shenzhen, employing 1,700 workers who earn an average monthly wage of 1,300 yuan. Eva's stamping products are mainly used in the manufacture of photocopiers and printers, as well as metal components and DVD components for car stereos. Eva has more than 100 customers, mostly Japanese office automation equipment manufacturers such as Toshiba and Konica Minolta. 'There's much opportunity in China's market for metal moulding products, as China imports half of these products. Our production costs are much lower than the US and Japan, which are the main producers of precision metal moulding products,' said Mr Cheung. China's market for precision metal moulding products is worth 50 billion yuan and is growing by 20 per cent annually, he said. China accounts for 10 per cent of the world production of precision metal moulding products.