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 Technology Solutions Team
Our Actuarial Team
Our Valuation Team
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
Our Actuarial Team
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
Cityray Technology, a leading technology company
A team of actuarial experts
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.
Our Values
Supporting Document Reference
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
Completed Valuation Report
Verified by Actrurial Expert
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.
Business Hour
Monday to Friday,
9:00 AM – 6:00 PM
Contact Us
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