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About Us

Long Service Payment (HK) Research Company Limited provides expert LSP
valuation and financial consulting services, backed by advanced HR technology and actuarial validation.

Your Trust, Our Commitment!

Long Service Payment (HK) Research Company Limited is combining our strengths to deliver exceptional services in LSP valuation.

Our Valuation Team

Our Valuation Team combines internationally recognized qualifications with extensive experience, enabling us to provide exceptional LSP valuation and financial consulting services. Oswald Au brings over 20 years of professional experience in business and fixed asset valuation, financing, and mergers and acquisitions across various regions, including Hong Kong and the U.S. He has successfully prepared more than 100 valuation reports for initial public offerings (IPOs) and various transactions. His extensive background includes a deep understanding of regulatory compliance requirements. In addition, Oswald is well-versed in corporate governance and risk control, allowing him to effectively navigate complex business environments and ensure adherence to industry standards. Paul Hau brings about 10 years of experience in business valuation, focusing on financial reporting and compliance in Hong Kong. With a background in the international audit team, he has participated in over 100 valuations for transactions and reporting purposes. Paul is a member of The Hong Kong Institute of Certified Public Accountants.

Our Technology Solutions Team

Cityray, a leading technology company with over 25 years in the HR industry, is recognized as a dedicated leader in HR information management systems. Their extensive expertise allows them to understand customer needs deeply and provide tailored solutions. Cityray’s advanced data processing and automation capabilities are seamlessly integrated into our LSP Valuation Platform, ensuring a user-friendly and efficient experience for our clients.

Our Actuarial Team

Our team of actuarial experts meticulously verifies the valuation methodologies and assumptions used in the LSP Valuation System, ensuring alignment with industry best practices and regulatory requirements. Rawson Chen brings over 20 years of extensive experience in finance, actuarial science, and risk management across various regions, including Hong Kong, Taiwan, and mainland China. He has successfully held key leadership roles as Chief Financial Officer and Chief Actuary in multiple organizations, where he has developed a deep understanding of insurance markets, both life and non-life, as well as capital markets. Rawson has prepared numerous financial models and pricing structures for diverse insurance products, contributing to enhanced business performance and regulatory compliance. Mr. Song has been a certified actuary through the China Association of Actuaries since 2017.
Our Valuation Team
Our Valuation Team combines internationally recognized qualifications with extensive experience, enabling us to provide exceptional LSP valuation and financial consulting services.

Oswald Au brings over 20 years of professional experience in business and fixed asset valuation, financing, and mergers and acquisitions across various regions, including Hong Kong and the U.S. He has successfully prepared more than 100 valuation reports for initial public offerings (IPOs) and various transactions. His extensive background includes a deep understanding of regulatory compliance requirements. In addition, Oswald is well-versed in corporate governance and risk control, allowing him to effectively navigate complex business environments and ensure adherence to industry standards.

Paul Hau brings about 10 years of experience in business valuation, focusing on financial reporting and compliance in Hong Kong. With a background in the international audit team, he has participated in over 100 valuations for transactions and reporting purposes. Paul is a member of The Hong Kong Institute of Certified Public Accountants.
Cityray, a leading technology company with over 25 years in the HR industry, is recognized as a dedicated leader in HR information management systems. Their extensive expertise allows them to understand customer needs deeply and provide tailored solutions. Cityray’s advanced data processing and automation capabilities are seamlessly integrated into our LSP Valuation Platform, ensuring a user-friendly and efficient experience for our clients.
Our team of actuarial experts meticulously verifies the valuation methodologies and assumptions used in the LSP Valuation System, ensuring alignment with industry best practices and regulatory requirements.

Rawson Chen brings over 20 years of extensive experience in finance, actuarial science, and risk management across various regions, including Hong Kong, Taiwan, and mainland China. He has successfully held key leadership roles as Chief Financial Officer and Chief Actuary in multiple organizations, where he has developed a deep understanding of insurance markets, both life and non-life, as well as capital markets. Rawson has prepared numerous financial models and pricing structures for diverse insurance products, contributing to enhanced business performance and regulatory compliance.

Mr. Song has been a certified actuary through the China Association of Actuaries since 2017.

Who We Are

T-Forest Professional Services Technology Limited

The background of our team includes internationally recognized qualifications and a thorough understanding of regulatory standards, enabling us to provide effective valuation and financial consulting services. With over 20 years of experience, our team has served both local and multinational listed firms in LSP valuation for review and assessment.

Cityray Technology, a leading technology company

Cityray has over 25 years of experience in the HR industry and has positioned itself as a "representative and dedicated leader" in HR information management systems. This long-standing expertise allows them to deeply understand the needs of their customers and provide tailored solutions. Cityray's advanced data processing and automation capabilities have been seamlessly integrated into our LSP Valuation System, ensuring a user-friendly and efficient experience for clients.

A team of actuarial experts

Our team of actuarial experts has meticulously verified the valuation methodologies and assumptions used in the LSP Valuation System, ensuring that they align with industry best practices and regulatory requirements.

Who We Are

T-Forest Professional Services Technology Limited

The background of our team includes internationally recognized qualifications and a thorough understanding of regulatory standards, enabling us to provide effective valuation and financial consulting services. With over 20 years of experience, our team has served both local and multinational listed firms in LSP valuation for review and assessment.

Cityray Technology, a leading technology company

Cityray has over 25 years of experience in the HR industry and has positioned itself as a "representative and dedicated leader" in HR information management systems. This long-standing expertise allows them to deeply understand the needs of their customers and provide tailored solutions. Cityray's advanced data processing and automation capabilities have been seamlessly integrated into our LSP Valuation System, ensuring a user-friendly and efficient experience for clients.

A team of actuarial experts

Our team of actuarial experts has meticulously verified the valuation methodologies and assumptions used in the LSP Valuation System, ensuring that they align with industry best practices and regulatory requirements.

Our Values

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Supporting Document Reference

Discount rate: Hong Kong government bond yields
Mortality Rate: Hong Kong Life Table by the Census and Statistics Department of the HKSAR government
Rates of Annual Salary Increment: Labour Earnings Survey from Census and Statistics Department.
Calculation Instructions: Detailed Calculation Steps for Our LSP Assessment.

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Assessment Breakdown

The individual LSP assessment for each employee can be broken down in the LSP platform, which offers advantages such as personalized insights, performance tracking and informed decision-making.

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Completed Valuation Report

The completed signed valuation report for the LSP assessment can be provided on the LSP platform.

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Verified by Actrurial Expert

A team of actuarial experts has verified the calculations and methodology of the LSP assessment.

Our Values

Supporting Document Reference

Discount rate: Hong Kong government bond yields
Mortality Rate: Hong Kong Life Table by the Census and Statistics Department of the HKSAR government
Rates of Annual Salary Increment: Labour Earnings Survey from Census and Statistics Department.
Calculation Instructions: Detailed Calculation Steps for Our LSP Assessment.

Assessment Breakdown

The individual LSP assessment for each employee can be broken down in the LSP platform, which offers advantages such as personalized insights, performance tracking and informed decision-making.

Completed Valuation Report

The completed signed valuation report for the LSP assessment can be provided on the LSP platform.

Verified by Actrurial Expert

A team of actuarial experts has verified the calculations and methodology of the LSP assessment.

Experienced Management Team

Our management team made up of professionals from local and international well-known appraisal agencies, accounting firms, and consulting companies, also hold various professional qualifications and experiences that are competent for valuation and business consulting work.

Valuation related:

Technology related:

Educated Partners

We have had the privilege of conducting specialized LSP seminars for the following esteemed organizations, empowering their professionals with deep, actionable insights.

Hong Kong Institute of Certified Public Accountants (HKICPA)

The Society of Chinese Accountants and Auditors (SCAA)

Manulife Hong Kong

Shinewing (HK) CPA Limited

HLB Hodgson Impey Cheng Limited

SFAI (HK) CPA Limited

Cheng & Cheng Limited

ZHONGHUI ANDA CPA Limited

AOGB CPA Limited

KTC CPA Limited

Kenswick CPA Limited

Linksfield CPA Limited

CPA Partnerships and Collaboration

We are proud to be the trusted service provider for esteemed CPA firms, collaborating to deliver exceptional LSP valuation services through exclusive client referrals. These partnerships enhance our ability to ensure compliance and quality in all our offerings.

Our Experience

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Address

Suite 403, 93-103 Wing Lok Street, Sheung Wan, Hong Kong

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Email

info@lspcal.com

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Phone

+852 3795 7635

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Business Hour

Monday to Friday,
9:00 AM – 6:00 PM

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    With over 20 years of experience, our team has served local and multinational listed firms in LSP valuation for review and assessment.

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