New Risk • May 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$756.5m (US$96.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (HK$756.5m market cap, or US$96.5m). Announcement • Apr 29
Optima Automobile Group Holdings Limited, Annual General Meeting, Jun 17, 2026 Optima Automobile Group Holdings Limited, Annual General Meeting, Jun 17, 2026, at 14:00 China Standard Time. Location: portion 2, 12/f., the center, 99 queen`s road central, central., Hong Kong Reported Earnings • Mar 27
Full year 2025 earnings released: EPS: S$0 (vs S$0.002 loss in FY 2024) Full year 2025 results: EPS: S$0 (improved from S$0.002 loss in FY 2024). Revenue: S$50.1m (down 43% from FY 2024). Net income: S$106.0k (up S$1.62m from FY 2024). Profit margin: 0.2% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Mar 16
Optima Automobile Group Holdings Limited to Report Fiscal Year 2025 Results on Mar 26, 2026 Optima Automobile Group Holdings Limited announced that they will report fiscal year 2025 results on Mar 26, 2026 New Risk • Mar 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 0.6% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (HK$714.0m market cap, or US$91.2m). New Risk • Mar 12
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$722.5m (US$92.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 0.6% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$722.5m market cap, or US$92.3m). New Risk • Jan 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 0.6% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$586.5m market cap, or US$75.3m). New Risk • Dec 20
New major risk - Revenue and earnings growth Earnings have declined by 0.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.6% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (HK$544.0m market cap, or US$69.9m). Reported Earnings • Aug 28
First half 2025 earnings released: EPS: S$0 (vs S$0 in 1H 2024) First half 2025 results: EPS: S$0 (in line with 1H 2024). Revenue: S$21.2m (down 33% from 1H 2024). Net loss: S$102.0k (loss widened 344% from 1H 2024). Over the last 3 years on average, earnings per share has fallen by 22% per year whereas the company’s share price has fallen by 20% per year. Announcement • Aug 15
Optima Automobile Group Holdings Limited to Report Q2, 2025 Results on Aug 26, 2025 Optima Automobile Group Holdings Limited announced that they will report Q2, 2025 results on Aug 26, 2025 Announcement • Apr 29
Optima Automobile Group Holdings Limited, Annual General Meeting, Jun 26, 2025 Optima Automobile Group Holdings Limited, Annual General Meeting, Jun 26, 2025, at 14:00 China Standard Time. Location: portion 2, 12/f, the center, 99 queen`s road central, central, Hong Kong Buy Or Sell Opportunity • Apr 17
Now 26% overvalued Over the last 90 days, the stock has fallen 37% to HK$0.38. The fair value is estimated to be HK$0.30, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has declined by 19%. Reported Earnings • Mar 27
Full year 2024 earnings released: S$0.002 loss per share (vs S$0.001 loss in FY 2023) Full year 2024 results: S$0.002 loss per share (further deteriorated from S$0.001 loss in FY 2023). Revenue: S$89.0m (down 15% from FY 2023). Net loss: S$1.52m (loss widened 46% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 24% per year. New Risk • Mar 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (HK$378.3m market cap, or US$48.7m). Announcement • Mar 14
Optima Automobile Group Holdings Limited to Report Fiscal Year 2024 Results on Mar 26, 2025 Optima Automobile Group Holdings Limited announced that they will report fiscal year 2024 results on Mar 26, 2025 New Risk • Feb 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Market cap is less than US$100m (HK$420.8m market cap, or US$54.0m). New Risk • Jan 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$433.5m market cap, or US$55.7m). Reported Earnings • Aug 29
First half 2024 earnings released: EPS: S$0 (vs S$0 in 1H 2023) First half 2024 results: EPS: S$0 (in line with 1H 2023). Revenue: S$32.0m (down 41% from 1H 2023). Net loss: S$23.0k (loss narrowed 94% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Announcement • Aug 16
Optima Automobile Group Holdings Limited to Report First Half, 2024 Results on Aug 28, 2024 Optima Automobile Group Holdings Limited announced that they will report first half, 2024 results on Aug 28, 2024 New Risk • Jul 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.2% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (HK$552.5m market cap, or US$70.8m). Announcement • May 01
Optima Automobile Group Holdings Limited, Annual General Meeting, Jun 26, 2024 Optima Automobile Group Holdings Limited, Annual General Meeting, Jun 26, 2024. Announcement • Apr 19
Optima Automobile Group Holdings Limited Announces Board and Committee Changes The Board of Optima Automobile Group Holdings Limited announced that with effect from 16 April 2024: Mr. Chang has redesignated from an independent non-executive Director to an executive Director and ceased to be the chairman of the Nomination Committee and a member of each of the Audit Committee and the Remuneration Committee; and Ms. Dai has been appointed as an independent non-executive Director, the chairman of the Nomination Committee and a member of each of the Audit Committee and the Remuneration Committee. Ms. Dai Xiaoyan aged 46, has over 15 years of experience in sales and corporate management. Since November 2019, she has been the general manager of Guangzhou Qichonghai E-commerce Co. Ltd. a company which principally engages in teahouse operation and promotion of oriental tea culture. From March 2013 to July 2019, Ms. Dai worked as the general manager of Hunan Sanjiupu Tea Co. Ltd. a high-end tea company integrating product research and development, sales and promotion, which was a subsidiary of Urban Tea Inc. (currently known as Bit Brother Limited), a NASDAQ-listed company. From March 2010 to January 2012, Ms. Dai worked as assistant to the chairman of the board of Resgreen Bioengineering Group Co. Ltd. a company which primarily design, manufacture and market of healthy food, skin care products and daily necessities. From May 2005 to March 2010, Ms. Dai was the chief operating office of Guangzhou Xiancun International Golf Course responsible for supervision of the departments of marketing, sales, catering and golf operations. Ms. Dai studied Commerce in Yueyang Higher Vocational School (currently known as Hunan Institute of Science and Technology from September 1995 to July 1997 and Business English in South China Normal University from September 1999 to August 2001. Reported Earnings • Mar 30
Full year 2023 earnings released: S$0.001 loss per share (vs S$0.002 loss in FY 2022) Full year 2023 results: S$0.001 loss per share (improved from S$0.002 loss in FY 2022). Revenue: S$105.6m (up 30% from FY 2022). Net loss: S$1.04m (loss narrowed 30% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings. Announcement • Mar 16
Optima Automobile Group Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Optima Automobile Group Holdings Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 Announcement • Jan 19
Optima Automobile Group Holdings Limited Announces Resignation of Lim Li Ling as Executive Director The board of directors of Optima Automobile Group Holdings Limited announced that with effect from 19 January 2024, Ms. Lim Li Ling (Lin Liling) ("Ms. Lim") has resigned as an executive Director in order to devote more time to her personal affairs and other business commitments. Ms. Lim has confirmed that she has no disagreement with the Board and there are no other matters in relation to her resignation that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. New Risk • Nov 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.6% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (HK$586.5m market cap, or US$75.2m). Reported Earnings • Nov 14
Third quarter 2023 earnings released: EPS: S$0 (vs S$0.001 loss in 3Q 2022) Third quarter 2023 results: EPS: S$0 (improved from S$0.001 loss in 3Q 2022). Revenue: S$31.7m (up 59% from 3Q 2022). Net loss: S$104.0k (loss narrowed 79% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings. Announcement • Nov 01
Optima Automobile Group Holdings Limited to Report Q3, 2023 Results on Nov 10, 2023 Optima Automobile Group Holdings Limited announced that they will report Q3, 2023 results on Nov 10, 2023 Announcement • Oct 14
Optima Automobile Group Holdings Limited Announces Board Changes The Board of Optima Automobile Group Holdings Limited announced that with effect from 13 October 2023: Mr. Goh Duo Tzer (Wu Duoze) has resigned as an executive Director, the authorised representative and the compliance officer of the Company; Mr. Zhang Wenyuan has been appointed as an executive Director and the compliance officer of the Company; and Ms. Nie Li has been appointed as the authorised representative of the Company. Mr. Zhang, aged 37, served as a deputy general manager of Jiangsu Jianglong Automtive Syetems Company Limited from 2021 to 2023. From 2014 to 2021, Mr. Zhang served as the secretary of the board of directors of Bit Brother Inc. (formerly known as Urban Tea Inc. or Delta Technology Holdings Ltd) (stock code: BETS), a company listed on The NASDAQ Capital Market. Mr. Zhang obtained a bachelor's degree in accountancy from Nanjing University of Finance & Economics in the PRC in June 2008 and a master's degree in accounting and finance from the University of Exeter in the United Kingdom in December 2009. Reported Earnings • Aug 13
Second quarter 2023 earnings released: EPS: S$0 (vs S$0 in 2Q 2022) Second quarter 2023 results: EPS: S$0 (in line with 2Q 2022). Revenue: S$31.3m (up 36% from 2Q 2022). Net loss: S$323.0k (loss widened 421% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Aug 03
Optima Automobile Group Holdings Limited to Report First Half, 2023 Results on Aug 11, 2023 Optima Automobile Group Holdings Limited announced that they will report first half, 2023 results on Aug 11, 2023 New Risk • Jul 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.0% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Market cap is less than US$100m (HK$705.5m market cap, or US$90.1m). Reported Earnings • May 13
First quarter 2023 earnings released: EPS: S$0 (vs S$0 in 1Q 2022) First quarter 2023 results: EPS: S$0 (in line with 1Q 2022). Revenue: S$23.0m (up 21% from 1Q 2022). Net loss: S$45.0k (loss narrowed 86% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 29
Full year 2022 earnings released: S$0.002 loss per share (vs S$0.001 loss in FY 2021) Full year 2022 results: S$0.002 loss per share (further deteriorated from S$0.001 loss in FY 2021). Revenue: S$82.3m (up 44% from FY 2021). Net loss: S$1.49m (loss widened 249% from FY 2021). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Jing Yi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Nov 02
Optima Automobile Group Holdings Limited to Report Q3, 2023 Results on Nov 10, 2022 Optima Automobile Group Holdings Limited announced that they will report Q3, 2023 results on Nov 10, 2022 Recent Insider Transactions • Oct 05
Independent Non-Executive Director recently sold HK$105k worth of stock On the 29th of September, Jing Yi sold around 130k shares on-market at roughly HK$0.81 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of HK$82k more than they bought in the last 12 months. Reported Earnings • Aug 14
Second quarter 2022 earnings released: EPS: S$0 (vs S$0 in 2Q 2021) Second quarter 2022 results: EPS: S$0 (vs S$0 in 2Q 2021). Revenue: S$23.3m (up 177% from 2Q 2021). Net loss: S$62.0k (down 229% from profit in 2Q 2021). Announcement • Aug 03
Optima Automobile Group Holdings Limited to Report First Half, 2022 Results on Aug 11, 2022 Optima Automobile Group Holdings Limited announced that they will report first half, 2022 results on Aug 11, 2022 Announcement • Jul 01
Optima Automobile Group Holdings Limited Announces Executive Changes The board of directors of Optima Automobile Group Holdings Limited announced that with effect from 30 June 2022, Ms. Tan Meng Choon has resigned as an independent non-executive Director in order to devote more time to her personal affairs and other business commitments. She has ceased to be a member of the audit committee of the Board, the chairlady of the remuneration committee of the Board and a member of the nomination committee of the Board. The Board also announced that Ms. Yi Jing has been appointed as an independent non-executive Director with effect from 30 June 2022. Ms. Yi Jing, aged 34, currently practices as a lawyer in Hunan Xingbang Law Firm in the People's Republic of China since January 2021. She worked as an assistant to lawyer in the same firm during the period from December 2017 to March 2019 and started to work as an associate in the same firm during the period from March 2019 to January 2021. Ms. Yi was previously the leader of a legal team in Hunan Jinzhou Law Firm in the PRC during the period from November 2015 to December 2017. She worked as an assistant to the president and general secretary at Hunan Provincial Hunan Cuisine Industry Promotion Association from March 2012 to November 2015. Since May 2019, Ms. Yi has acted as an independent director of Bit Brother Limited (formerly known as Urban Tea Inc.). She also serves as the deputy general secretary (part-time) in Hunan Provincial Hunan Cuisine Industry Promotion Association since April 2018 and the deputy director in Youth Returnees ' Association of the Hunan Committee of The Zhi Gong Party of China since September 2017. Ms. Yi passed the National Unified Legal Professional Qualification Examination in March 2019 and is qualified as a practising lawyer in the PRC in January 2021. She obtained a bachelor 's degree in jurisprudence from the Chengsha University of Science and Technology in the PRC in June 2010 and a Master of Laws in international commercial law from the University of Kent in the United Kingdom in July 2012. Changes in composition of board committees: Following the resignation of Ms. Tan, with effect from 30 June 2022, Ms. Yi has been appointed as a member of the Audit Committee, the chairlady of the Remuneration Committee and a member of the Nomination Committee in place of Ms. Tan. Following the resignation of Ms. Tan as an independent non-executive Director and the appointment of Ms. Yi as an independent non-executive Director, (i) the Board will consist of nine members, including six executive Directors and three independent non-executive Directors which represent at least one-third of the Board as required under Rules 5.05(1) and 5.05A of the GEM Listing Rules; (ii) the Audit Committee will comprise three members and a majority of independent non-executive Directors as required under Rule 5.28 of the GEM Listing Rules; (iii) the Remuneration Committee will comprise three members, a majority of independent non-executive Directors and chaired by an independent non-executive Director as required under Rule 5.34 of the GEM Listing Rules, and (iv) the Nomination Committee will comprise three members and a majority of independent non-executive Directors as required under Rule 5.36A of the GEM Listing Rules. Reported Earnings • May 13
First quarter 2022 earnings released: EPS: S$0 (vs S$0 in 1Q 2021) First quarter 2022 results: EPS: S$0 (vs S$0 in 1Q 2021). Revenue: S$19.2m (up 201% from 1Q 2021). Net loss: S$326.0k (down 381% from profit in 1Q 2021). Announcement • May 02
Optima Automobile Group Holdings Limited, Annual General Meeting, Jun 28, 2022 Optima Automobile Group Holdings Limited, Annual General Meeting, Jun 28, 2022. Board Change • Apr 27
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). CEO & Executive Director Hong Liqiang Ang is the most experienced director on the board, commencing their role in 2018. Independent Non-Executive Director Li-Chung Chang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Apr 20
Optima Automobile Group Holdings Limited to Report Fiscal Year 2021 Final Results on Apr 29, 2022 Optima Automobile Group Holdings Limited announced that they will report fiscal year 2021 final results on Apr 29, 2022 Reported Earnings • Mar 30
Full year 2021 earnings released: S$0.001 loss per share (vs S$0.001 loss in FY 2020) Full year 2021 results: S$0.001 loss per share (vs S$0.001 loss in FY 2020). Revenue: S$57.7m (up 159% from FY 2020). Net loss: S$887.0k (loss widened 12% from FY 2020). Executive Departure • Oct 06
Company Secretary Tsang Mo Chan has left the company On the 30th of September, Tsang Mo Chan's tenure as Company Secretary ended after 3.3 years in the role. We don't have any record of a personal shareholding under Tsang Mo's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.42 years. Reported Earnings • Mar 27
Full year 2020 earnings released: S$0.001 loss per share (vs S$0.003 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: S$23.3m (up 39% from FY 2019). Net loss: S$789.0k (loss narrowed 63% from FY 2019). Announcement • Mar 16
Optima Automobile Group Holdings Limited to Report Fiscal Year 2020 Results on Mar 25, 2021 Optima Automobile Group Holdings Limited announced that they will report fiscal year 2020 results on Mar 25, 2021 Is New 90 Day High Low • Mar 10
New 90-day high: HK$1.53 The company is up 1.0% from its price of HK$1.51 on 10 December 2020. The Hong Kong market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Specialty Retail industry, which is down 1.0% over the same period. Announcement • Feb 26
Optima Automobile Group Holdings Limited Announces Board Changes The board of directors of Optima Automobile Group Holdings Limited announces that with effect from 25 February 2021, Mr. Ong Kar Loon (Wang Jialun) ("Mr. Ong") has resigned as an independent non-executive Director in order to devote more time to his personal affairs and other business commitments. He has ceased to be a member of the audit committee of the Board (the "Audit Committee"), a member of the remuneration committee of the Board (the "Remuneration Committee") and the chairman of the nomination committee of the Board (the "Nomination Committee"). The Board announce that Mr. Chang Li-Chung ("Mr. Chang") has been appointed as an independent non-executive Director of the Company with effect from 25 February 2021. Mr. Chang, aged 59, is currently the general manager of Yigoulian Trading (Shenzhen) Co. Ltd. He is also currently acting as the executive director of Changzhou Jintan Apollo Biological Products Co. Ltd. Mr. Chang worked as general manager at HONGKONG BO EN INVESTMENT MANAGEMENT CO., LIMITED, a company incorporated in Hong Kong with limited liability, from November 2015 to December 2019. Mr. Chang graduated from the Republic of China Air Force Institute of Technology in 1978. Following the resignation of Mr. Ong, the Board announces that with effect from 25 February 2021, Mr. Chang has been appointed as a member of the Audit Committee, a member of the Remuneration Committee and the chairman of the Nomination Committee. Executive Departure • Feb 26
Independent Non-Executive Director has left the company On the 25th of February, Kar Loon Ong's tenure as Independent Non-Executive Director ended after less than a year in the role. We don't have any record of a personal shareholding under Kar Loon's name. A total of 4 executives have left over the last 12 months. Is New 90 Day High Low • Feb 03
New 90-day low: HK$1.12 The company is down 6.0% from its price of HK$1.19 on 05 November 2020. The Hong Kong market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is flat over the same period. Announcement • Jan 08
Optima Automobile Group Holdings Limited Appoints Hu Wu' an as Executive Director The board of directors of Optima Automobile Group Holdings Limited announced that Hu Wu' an has been appointed as an executive director with effect from January 6, 2021. Hu is currently a director of Hunan Maliang Digital Technology Co. Ltd. since December 2017. In addition, Hu is currently an executive director and the general manager of Hunan Shangui Fuyuan Modern Agriculture Development Co. Ltd. since September 2017 and a member of the board of supervisors of Hunan Zhenpin Cultural Artworks Trading Co. Ltd. since August 2017. Hu is shareholders of Shenzhen Qianhai Hu Maoshengtang Investment Ltd. and Hunan Zhenpin Cultural Artworks Trading Co. Ltd. Is New 90 Day High Low • Nov 11
New 90-day high: HK$1.59 The company is up 50% from its price of HK$1.06 on 13 August 2020. The Hong Kong market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 15% over the same period. Announcement • Oct 30
Optima Automobile Group Holdings Limited to Report Q3, 2020 Results on Nov 10, 2020 Optima Automobile Group Holdings Limited announced that they will report Q3, 2020 results on Nov 10, 2020 Announcement • Sep 26
Optima Automobile Group Holdings Limited Announces Board and its Committee Changes The board of directors of Optima Automobile Group Holdings Limited announced that with effect from 24 September 2020, Mr. Tang Chi Chiu (Mr. Tang) has resigned as an independent non-executive Director in order to devote more time to his personal affairs and other business commitments. He has ceased to be the chairman of the audit committee of the Board and a member of the remuneration committee of the Board. Mr. Tang has confirmed that he has no disagreement with the Board and there are no other matters in relation to his resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited or the shareholders of the Company. The Board announced that Ms. Tan Meng Choon (Ms. Tan) has been appointed as an independent non-executive Director, a member of the Audit Committee, the chairlady of the Remuneration Committee and a member of the nomination committee of the Board with effect from 24 September 2020. Ms. Tan, aged 46, has more than 25 years of commercial accounting and audit experience in Singapore, Malaysia and the United Kingdom. Ms. Tan is currently a director of Accfin Management Pte. Ltd. since September 2008; a director of Zenzii Pte. Ltd. since November 2013; and a director of Altfield Singapore Pte. Ltd. since February 2017. The Board hereby further announced the changes in the composition of the Board committees: With effect from 24 September 2020, Mr. Chu Kin Ming (Mr. Chu), an independent non-executive Director, has been appointed as the chairman of the Audit Committee and ceased to be a member of the Nomination Committee. The Audit Committee shall comprise Mr. Chu as its chairman, and Ms. Tan and Mr. Ong Kar Loon (Wang Jialun) (Mr. Ong) as its members. The Nomination Committee shall comprise of Mr. Ong as its chairman, and Mr. Ang Lay Keong (Hong Liqiang) and Ms. Tan as its members; With effect from 24 September 2020, Mr. Ong, an independent non-executive Director, has ceased to be the chairman of the Remuneration Committee but remains as a member of the Remuneration Committee. The Remuneration Committee shall comprise Ms. Tan as its chairlady, and Mr. Chu and Mr. Ong as its members. 
