Declared Dividend • Jun 15
Dividend of CN¥0.15 announced Shareholders will receive a dividend of CN¥0.15. Ex-date: 22nd June 2026 Payment date: 22nd June 2026 Dividend yield will be 2.6%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 7.8% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 7.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • May 28
KTK Group Co., Ltd. announced a financing transaction KTK Group Co., Ltd announced a private placement on May 26, 2026. Transaction got approved by shareholders at Annual Shareholders Meeting of 2025. Reported Earnings • Apr 21
Full year 2025 earnings released: EPS: CN¥0.74 (vs CN¥0.39 in FY 2024) Full year 2025 results: EPS: CN¥0.74 (up from CN¥0.39 in FY 2024). Revenue: CN¥4.34b (down 3.5% from FY 2024). Net income: CN¥581.9m (up 93% from FY 2024). Profit margin: 13% (up from 6.7% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Apr 21
KTK Group Co., Ltd., Annual General Meeting, May 26, 2026 KTK Group Co., Ltd., Annual General Meeting, May 26, 2026, at 10:00 China Standard Time. Location: No. 88, Jinchuang Road, Yaoguan Town, Wujin District, Changzhou, Jiangsu China Announcement • Mar 30
KTK Group Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 KTK Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥17.82, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 54x in the Machinery industry in China. Total returns to shareholders of 132% over the past three years. New Risk • Dec 31
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 Chinese stocks, typically moving 7.0% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Valuation Update With 7 Day Price Move • Dec 26
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥16.29, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 51x in the Machinery industry in China. Total returns to shareholders of 115% over the past three years. Announcement • Dec 26
KTK Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026 KTK Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026 Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥12.83, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 49x in the Machinery industry in China. Total returns to shareholders of 62% over the past three years. Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.18 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.16 (down from CN¥0.18 in 3Q 2024). Revenue: CN¥1.00b (down 6.9% from 3Q 2024). Net income: CN¥125.2m (down 12% from 3Q 2024). Profit margin: 13% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
KTK Group Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 KTK Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jun 30
KTK Group Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 KTK Group Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 New Risk • Jun 10
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 Chinese stocks, typically moving 8.2% 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 6.8% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.2% average weekly change). Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥12.20, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 41x in the Machinery industry in China. Total returns to shareholders of 53% over the past three years. Announcement • Apr 29
KTK Group Co., Ltd., Annual General Meeting, May 26, 2025 KTK Group Co., Ltd., Annual General Meeting, May 26, 2025, at 10:00 China Standard Time. Reported Earnings • Apr 14
Full year 2024 earnings released: EPS: CN¥0.39 (vs CN¥0.35 in FY 2023) Full year 2024 results: EPS: CN¥0.39 (up from CN¥0.35 in FY 2023). Revenue: CN¥4.51b (up 22% from FY 2023). Net income: CN¥302.1m (up 8.9% from FY 2023). Profit margin: 6.7% (down from 7.5% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 1% per year. Announcement • Mar 28
KTK Group Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 KTK Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 27
KTK Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 KTK Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.12 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.18 (up from CN¥0.12 in 3Q 2023). Revenue: CN¥1.08b (up 17% from 3Q 2023). Net income: CN¥142.8m (up 51% from 3Q 2023). Profit margin: 13% (up from 10% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year. Announcement • Sep 30
KTK Group Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 KTK Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥8.36, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 29x in the Machinery industry in China. Total returns to shareholders of 5.8% over the past three years. Buy Or Sell Opportunity • Aug 02
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.9% to CN¥7.38. The fair value is estimated to be CN¥9.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.6% over the last 3 years. Earnings per share has declined by 19%. New Risk • Jul 24
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 Chinese stocks, typically moving 7.3% 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 13% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.3% average weekly change). Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥7.65, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 27x in the Machinery industry in China. Total loss to shareholders of 22% over the past three years. Declared Dividend • Jul 15
Dividend of CN¥0.12 announced Shareholders will receive a dividend of CN¥0.12. Ex-date: 19th July 2024 Payment date: 19th July 2024 Dividend yield will be 1.8%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 66% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.2% EPS decline seen over the last 5 years. Buy Or Sell Opportunity • Jul 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to CN¥6.38. The fair value is estimated to be CN¥8.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.6% over the last 3 years. Earnings per share has declined by 19%. Announcement • Jun 28
KTK Group Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 KTK Group Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • Apr 30
KTK Group Co., Ltd., Annual General Meeting, May 27, 2024 KTK Group Co., Ltd., Annual General Meeting, May 27, 2024, at 10:00 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China Reported Earnings • Apr 29
Full year 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.25 in FY 2022) Full year 2023 results: EPS: CN¥0.35 (up from CN¥0.25 in FY 2022). Revenue: CN¥3.70b (up 4.6% from FY 2022). Net income: CN¥277.4m (up 40% from FY 2022). Profit margin: 7.5% (up from 5.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Announcement • Mar 29
KTK Group Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 KTK Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥7.47, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 27x in the Machinery industry in China. Total loss to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥7.22, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 26x in the Machinery industry in China. Total loss to shareholders of 43% over the past three years. Announcement • Dec 29
KTK Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 29, 2024 KTK Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 29, 2024 Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.081 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.12 (up from CN¥0.081 in 3Q 2022). Revenue: CN¥922.5m (up 19% from 3Q 2022). Net income: CN¥94.8m (up 53% from 3Q 2022). Profit margin: 10% (up from 8.0% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.065 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.12 (up from CN¥0.065 in 2Q 2022). Revenue: CN¥950.7m (up 9.0% from 2Q 2022). Net income: CN¥90.1m (up 51% from 2Q 2022). Profit margin: 9.5% (up from 6.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Jun 28
KTK Group Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023 KTK Group Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023 Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥11.86, the stock trades at a trailing P/E ratio of 45.3x. Average trailing P/E is 35x in the Machinery industry in China. Total returns to shareholders of 16% over the past three years. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. No highly experienced directors. Independent Director Hai Zhi Ren is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Nov 09
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. No highly experienced directors. Independent Director Hai Zhi Ren is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.081 (vs CN¥0.09 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.081 (down from CN¥0.09 in 3Q 2021). Revenue: CN¥775.9m (flat on 3Q 2021). Net income: CN¥62.0m (down 13% from 3Q 2021). Profit margin: 8.0% (down from 9.2% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.065 (vs CN¥0.12 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.065 (down from CN¥0.12 in 2Q 2021). Revenue: CN¥872.5m (down 14% from 2Q 2021). Net income: CN¥59.6m (down 34% from 2Q 2021). Profit margin: 6.8% (down from 8.9% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year and the company’s share price has also fallen by 10% per year. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥9.13, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 38x in the Machinery industry in China. Total loss to shareholders of 9.3% over the past three years. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥8.75, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 32x in the Machinery industry in China. Total loss to shareholders of 19% over the past three years. Reported Earnings • Apr 28
First quarter 2022 earnings released: EPS: CN¥0.03 (vs CN¥0.10 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.03 (down from CN¥0.10 in 1Q 2021). Revenue: CN¥849.8m (down 12% from 1Q 2021). Net income: CN¥20.5m (down 75% from 1Q 2021). Profit margin: 2.4% (down from 8.3% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.09 (vs CN¥0.18 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥777.5m (down 20% from 3Q 2020). Net income: CN¥71.4m (down 48% from 3Q 2020). Profit margin: 9.2% (down from 14% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 10% per year. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥8.43, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 36x in the Machinery industry in China. Total loss to shareholders of 31% over the past three years. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.12 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: CN¥1.02b (up 14% from 2Q 2020). Net income: CN¥90.2m (up 2.9% from 2Q 2020). Profit margin: 8.9% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 10% per year. Valuation Update With 7 Day Price Move • May 19
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥11.46, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 31x in the Machinery industry in China. Total loss to shareholders of 46% over the past three years. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.09 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥967.5m (up 21% from 1Q 2020). Net income: CN¥80.3m (up 8.4% from 1Q 2020). Profit margin: 8.3% (down from 9.3% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 15% per year. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥14.24, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 34x in the Machinery industry in China. Total loss to shareholders of 31% over the past three years. Is New 90 Day High Low • Mar 05
New 90-day high: CN¥14.98 The company is up 22% from its price of CN¥12.23 on 04 December 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 2.0% over the same period. Reported Earnings • Mar 04
Full year 2020 earnings released: EPS CN¥0.55 (vs CN¥0.50 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥3.88b (up 3.4% from FY 2019). Net income: CN¥430.6m (up 8.9% from FY 2019). Profit margin: 11% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 18% per year. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥10.50 The company is down 5.0% from its price of CN¥11.00 on 15 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 6.0% over the same period. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥12.13, the stock is trading at a trailing P/E ratio of 23.8x, down from the previous P/E ratio of 28.3x. This compares to an average P/E of 35x in the Machinery industry in China. Total returns to shareholders over the past year are 14%. Is New 90 Day High Low • Dec 23
New 90-day high: CN¥14.57 The company is up 36% from its price of CN¥10.74 on 24 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 2.0% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥405.1m, up 1.5% from the prior year. Total revenue was CN¥3.69b over the last 12 months, down 1.1% from the prior year. Announcement • Oct 30
KTK Group Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020 KTK Group Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020 Is New 90 Day High Low • Oct 28
New 90-day low: CN¥10.56 The company is down 11% from its price of CN¥11.83 on 30 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 3.0% over the same period. Is New 90 Day High Low • Sep 22
New 90-day low: CN¥11.09 The company is down 9.0% from its price of CN¥12.15 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 19% over the same period. Announcement • Sep 03
KTK Group Co., Ltd. (SHSE:603680) completed the acquisition of remaining 50% stake in Jiangsu KTK Electrical Co., Ltd from Koito Manufacturing Co., Ltd. (TSE:7276). KTK Group Co., Ltd. (SHSE:603680) agreed to acquire remaining 50% stake in Changzhou KTC Electrical Co., Ltd from Koito Manufacturing Co., Ltd. (TSE:7276) for approximately CNY 220 million on August 6, 2020. Upon the completed of the transaction, KTK Group Co., Ltd. will hold 100% stake in Changzhou KTC Electrical Co., Ltd. For the financial year December 31, 2019, Changzhou KTC Electrical Co., Ltd reported total asset of CNY 645 million, total common equity of CNY 516 million, total revenue of CNY 386 million and net profit of CNY 75 million. As reported on August 13, 2020, Changzhou KTC Electrical Co., Ltd completed the corresponding industrial and commercial registration procedures for equity change, and obtained the business license issued by Changzhou Wujin District market supervision and Administration Bureau. At present, some procedures have not been completed, KTK Group Co has not paid the purchase price, and the acquisition of equity has not been completed. The transaction is subject to relevant government approval and is approved by the Board of KTK Group Co., Ltd.
KTK Group Co., Ltd. (SHSE:603680) completed the acquisition of remaining 50% stake in Jiangsu KTK Electrical Co., Ltd from Koito Manufacturing Co., Ltd. (TSE:7276) on August 28, 2020. KTK Group used raised funds of CNY 221.5 million to pay purchase price and Changzhou KTC Electrical became 100% holding subsidary. Announcement • Aug 08
KTK Group Co., Ltd. (SHSE:603680) agreed to acquire 50% stake in Jiangsu KTK Electrical Co., Ltd from Koito Manufacturing Co., Ltd. (TSE:7276) for approximately CNY 220 million. KTK Group Co., Ltd. (SHSE:603680) agreed to acquire 50% stake in Jiangsu KTK Electrical Co., Ltd from Koito Manufacturing Co., Ltd. (TSE:7276) for approximately CNY 220 million on August 6, 2020. Upon the completed of the transaction, KTK Group Co., Ltd. will hold 100% stake in Jiangsu KTK Electrical Co., Ltd. For the financial year December 31, 2019, Jiangsu KTK Electrical Co., Ltd reported total asset of CNY 645 million, total common equity of CNY 516 million, total revenue of CNY 386 million and net profit of CNY 75 million. The transaction is subject to relevant government approval and is approved by the board of KTK Group Co., Ltd. Announcement • Jul 18
KTK Group Co., Ltd. to Report First Half, 2020 Results on Aug 31, 2020 KTK Group Co., Ltd. announced that they will report first half, 2020 results on Aug 31, 2020 
