Ankündigung • Apr 30
Maiyue Technology Limited, Annual General Meeting, Jun 04, 2026 Maiyue Technology Limited, Annual General Meeting, Jun 04, 2026, at 09:30 China Standard Time. Location: unit 808-809, level 8, cyberport 1, 100 cyberport road, Hong Kong New Risk • Mar 29
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings have declined by 54% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$590.0m market cap, or US$75.3m). Reported Earnings • Mar 29
Full year 2025 earnings released: EPS: CN¥0.011 (vs CN¥0.001 in FY 2024) Full year 2025 results: EPS: CN¥0.011 (up from CN¥0.001 in FY 2024). Revenue: CN¥402.8m (up 47% from FY 2024). Net income: CN¥5.70m (up CN¥5.26m from FY 2024). Profit margin: 1.4% (up from 0.2% in FY 2024). The increase in margin was driven by higher revenue. Ankündigung • Mar 10
Maiyue Technology Limited to Report Fiscal Year 2025 Results on Mar 27, 2026 Maiyue Technology Limited announced that they will report fiscal year 2025 results on Mar 27, 2026 New Risk • Feb 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 Hong Kong stocks, typically moving 9.7% 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 50% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (HK$575.0m market cap, or US$73.5m). Reported Earnings • Oct 04
First half 2025 earnings released: CN¥0.021 loss per share (vs CN¥0.03 loss in 1H 2024) First half 2025 results: CN¥0.021 loss per share (improved from CN¥0.03 loss in 1H 2024). Revenue: CN¥24.1m (up 9.3% from 1H 2024). Net loss: CN¥10.5m (loss narrowed 29% from 1H 2024). Reported Earnings • Sep 03
First half 2025 earnings released: CN¥0.021 loss per share (vs CN¥0.03 loss in 1H 2024) First half 2025 results: CN¥0.021 loss per share (improved from CN¥0.03 loss in 1H 2024). Revenue: CN¥24.1m (up 9.3% from 1H 2024). Net loss: CN¥10.5m (loss narrowed 29% from 1H 2024). New Risk • Aug 31
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings have declined by 50% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (HK$450.0m market cap, or US$57.7m). Ankündigung • Aug 15
Maiyue Technology Limited to Report First Half, 2025 Results on Aug 28, 2025 Maiyue Technology Limited announced that they will report first half, 2025 results on Aug 28, 2025 Ankündigung • Apr 23
Maiyue Technology Limited, Annual General Meeting, May 18, 2025 Maiyue Technology Limited, Annual General Meeting, May 18, 2025, at 09:30 China Standard Time. Location: unit 808-809, level 8, cyberport 1, 100 cyberport road., Hong Kong Ankündigung • Apr 03
Maiyue Technology Limited Announces Chief Executive Officer Changes The board of directors of Maiyue Technology Limited announced that Mr. Ye Shanmin ("Mr. Ye") was appointed as co-chief executive officer ("Co-CEO") on 1 April 2025. Mr. Ye, aged 43, obtained his postgraduate degree from Guangxi University, majoring in business administration. He served as the head of investment department of Guijiang Enterprise (Hong Kong) Co. Ltd. and general manager of Guijiang International Business Co. Ltd. from 2015 to 2016; the chairman of Nanning Wanjin Enterprise Investment Co. Ltd. from 2017 to 2018; the director of Pearl Bridge Securities Limited from 2018 to 2019; and the vice chairman of Guangxi Sirenjie Information Technology Co. Ltd. from 2018 to 2022. Mr. Ye currently serves as the director of PBP International Company Limited, Pearl Bridge Partners Limited and Pearl Bridge Asset Management Limited. Mr. Ye has entered into a director's service contract with the Company for a term of three years commencing from 1 April 2025, subject to re-election at the next annual general meeting of the Company and thereafter, subject to retirement by rotation at least once every three years in accordance with the articles of association of the Company. Mr. Ye's term for his appointment as the Co-CEO is one year from 1 April 2025. Mr. Ye's remuneration as a Director and Co-CEO will be HK$240,000 annually and his remuneration package will be reviewed annually by the Board with the recommendation of the remuneration committee of the Company and by reference to the prevailing market practice, the remuneration policy of the Company, his experience, and duties and responsibilities within the Company. Also, Mr. Ye may receive a discretionary bonus and other benefits in kind, subject to the recommendation of the remuneration committee and approval of the Board. The Board also announced that Ms. Deng Caidie ("Ms. Deng"), an executive Director, is appointed as a Co-CEO of the Company with effect from 1 April 2025. Her position as an executive Director remains unchanged. Ms. Deng, aged 44, is the deputy general manager of the Group. She joined the Group in June 2011 as a deputy general manager with primary responsibility on daily business operations and administration activities and was appointed as the Director on 15 October 2020 and redesignated as the executive Director on 20 April 2021. Ms. Deng is primarily responsible for overseeing daily business operations and administration activities of the Group. The biographical details of Ms. Deng were set out in the Company's annual report for the year ended 31 December 2023 which was published on 29 April 2024. Apart from the age of Ms. Deng, which is 44, there has been no change in her biographical details as at the date of this announcement. Ms. Deng's term for her appointment as a Co-CEO is one year from 1 April 2025. Ms. Deng is entitled to a monthly salary of RMB28,000. Ms. Deng may also receive a discretionary bonus and other benefits in kind, subject to the recommendation of the remuneration committee and the approval of the Board. The remuneration of Ms. Deng will be reviewed from time to time and at least annually by the remuneration committee and the Board with reference to the prevailing market practice, the remuneration policy of the Company, her experience, and duties and responsibilities within the Company. In light of Mr. Ye and Ms. Deng's appointments as the Co-CEOs of the Company, Mr. Li Changqing ("Mr. Li") has ceased to act as the chief executive officer of the Group with effect from the same date due to a change in work arrangements. Upon the cessation as the chief executive officer of the Group, Mr. Li will remain as an executive Director and the chairman of the Board, and he will be responsible for formulating corporate strategy, planning, business development, supervising the overall operations of Group, and overseeing daily business operations of the Group. Ankündigung • Apr 02
Maiyue Technology Limited Appoints Ye Shanmin as Executive Director The board of directors of Maiyue Technology Limited announced that Mr. Ye Shanmin ("Mr. Ye") was appointed as an executive Director and a co-chief executive officer ("Co-CEO") on 1 April 2025. Mr. Ye, aged 43, obtained his postgraduate degree from Guangxi University, majoring in business administration. He served as the head of investment department of Guijiang Enterprise (Hong Kong) Co. Ltd. and general manager of Guijiang International Business Co. Ltd. from 2015 to 2016; the chairman of Nanning Wanjin Enterprise Investment Co. Ltd. from 2017 to 2018; the director of Pearl Bridge Securities Limited from 2018 to 2019; and the vice chairman of Guangxi Sirenjie Information Technology Co. Ltd. from 2018 to 2022. Mr. Ye currently serves as the director of PBP International Company Limited, Pearl Bridge Partners Limited and Pearl Bridge Asset Management Limited. Mr. Ye has entered into a director's service contract with the Company for a term of three years commencing from 1 April 2025, subject to re-election at the next annual general meeting of the Company and thereafter, subject to retirement by rotation at least once every three years in accordance with the articles of association of the Company. Mr. Ye's term for his appointment as the Co-CEO is one year from 1 April 2025. Mr. Ye's remuneration as a Director and Co-CEO will be HK$240,000 annually and his remuneration package will be reviewed annually by the Board with the recommendation of the remuneration committee of the Company and by reference to the prevailing market practice, the remuneration policy of the Company, his experience, and duties and responsibilities within the Company. Also, Mr. Ye may receive a discretionary bonus and other benefits in kind, subject to the recommendation of the remuneration committee and approval of the Board. Reported Earnings • Mar 30
Full year 2024 earnings released: EPS: CN¥0.09 (vs CN¥0.057 in FY 2023) Full year 2024 results: EPS: CN¥0.09. Revenue: CN¥274.7m (up 6.0% from FY 2023). Net income: CN¥433.0k (down 98% from FY 2023). Profit margin: 0.2% (down from 8.8% in FY 2023). Ankündigung • Mar 25
Maiyue Technology Limited Announces Resignation of Li Hoi Mei as Joint Company Secretary The board of directors of Maiyue Technology Limited announced that Ms. Li Hoi Mei ("Ms. Li") has resigned as the joint company secretary (the "Joint Company Secretary") with effect from 23 March 2025. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to HK$1.08, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 18x in the IT industry in Hong Kong. Total loss to shareholders of 6.1% over the past year. Ankündigung • Mar 11
Maiyue Technology Limited to Report Fiscal Year 2024 Results on Mar 28, 2025 Maiyue Technology Limited announced that they will report fiscal year 2024 results on Mar 28, 2025 Reported Earnings • Oct 03
First half 2024 earnings released First half 2024 results: CN¥0.03 loss per share. Net loss: CN¥14.9m (flat on 1H 2023). Reported Earnings • Aug 30
First half 2024 earnings released First half 2024 results: CN¥0.03 loss per share. Net loss: CN¥14.9m (flat on 1H 2023). Ankündigung • Aug 16
Maiyue Technology Limited to Report First Half, 2024 Results on Aug 29, 2024 Maiyue Technology Limited announced that they will report first half, 2024 results on Aug 29, 2024 Ankündigung • May 01
Maiyue Technology Limited, Annual General Meeting, May 23, 2024 Maiyue Technology Limited, Annual General Meeting, May 23, 2024, at 09:00 China Standard Time. Location: Unit 1412, 14/F, COSCO Tower, 183 Queen's Road Central Sheng Wan Hong Kong Agenda: To receive and consider the audited consolidated financial statements and the reports of the directors and the auditor of the Company for the year ended 31 December 2023; to consider the re-election of executive Director; To consider the appointment of KPMG, Certified Public Accountants, Hong Kong as the Auditor to hold office until the conclusion of the next annual general meeting of the Company and to authorise the Board to fix their remuneration. New Risk • Apr 06
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.8% Last year net profit margin: 20% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (8.8% net profit margin). Market cap is less than US$100m (HK$505.0m market cap, or US$64.5m). Reported Earnings • Mar 29
Full year 2023 earnings released: EPS: CN¥0.06 (vs CN¥4.88 in FY 2022) Full year 2023 results: EPS: CN¥0.06 (down from CN¥4.88 in FY 2022). Revenue: CN¥259.1m (up 6.5% from FY 2022). Net income: CN¥22.9m (down 53% from FY 2022). Profit margin: 8.8% (down from 20% in FY 2022). The decrease in margin was driven by higher expenses. Ankündigung • Mar 16
Maiyue Technology Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Maiyue Technology Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to HK$1.18, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 10x in the IT industry in Hong Kong. Ankündigung • Jan 13
Maiyue Technology Limited Announces Resignation of Dai Tianqiao Has as Chief Financial Officer The board of directors of Maiyue Technology Limited announced that Ms. Dai Tianqiao has resigned as chief financial officer of the Company due to her other personal commitments with effect from 12 January 2024. The Company is also in the process of identifying suitable candidate(s) to be appointed as the chief financial officer of the Company.