Anuncio • Jul 15
Luenmei Quantum Co.,Ltd (SHSE:600167) announces an Equity Buyback for CNY 200 million worth of its shares. Luenmei Quantum Co.,Ltd (SHSE:600167) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its A common stock. The shares will be repurchased at a price not more than CNY 7.85 per share. The purpose of the program is to maintain the Company’s value and shareholder rights. The shares not sold will be cancelled. The program will be valid for a period of 3 months. Anuncio • Jun 30
Luenmei Quantum Co.,Ltd to Report First Half, 2026 Results on Aug 29, 2026 Luenmei Quantum Co.,Ltd announced that they will report first half, 2026 results on Aug 29, 2026 Reported Earnings • Apr 29
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥0.31 (up from CN¥0.29 in FY 2024). Revenue: CN¥3.24b (down 7.7% from FY 2024). Net income: CN¥686.0m (up 4.1% from FY 2024). Profit margin: 21% (up from 19% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Anuncio • Apr 29
Luenmei Quantum Co.,Ltd, Annual General Meeting, May 22, 2026 Luenmei Quantum Co.,Ltd, Annual General Meeting, May 22, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenyang, Liaoning China Anuncio • Mar 30
Luenmei Quantum Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026 Luenmei Quantum Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026 Anuncio • Dec 26
Luenmei Quantum Co.,Ltd to Report Fiscal Year 2025 Results on Apr 23, 2026 Luenmei Quantum Co.,Ltd announced that they will report fiscal year 2025 results on Apr 23, 2026 Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥7.45, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 12x in the Water Utilities industry in China. Total returns to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥9.61 per share. Buy Or Sell Opportunity • Dec 09
Now 21% undervalued Over the last 90 days, the stock has risen 15% to CN¥7.59. The fair value is estimated to be CN¥9.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 13%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 41% in the next 2 years. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥9.50, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 12x in the Water Utilities industry in China. Total returns to shareholders of 63% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥9.61 per share. Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.008 (vs CN¥0.014 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.008 (down from CN¥0.014 in 3Q 2024). Revenue: CN¥257.5m (down 26% from 3Q 2024). Net income: CN¥18.6m (down 40% from 3Q 2024). Profit margin: 7.2% (down from 8.8% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Anuncio • Sep 30
Luenmei Quantum Co.,Ltd to Report Q3, 2025 Results on Oct 31, 2025 Luenmei Quantum Co.,Ltd announced that they will report Q3, 2025 results on Oct 31, 2025 New Risk • Sep 26
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: 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 • Sep 22
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥7.94, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 12x in the Water Utilities industry in China. Total returns to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥9.59 per share. Price Target Changed • Aug 16
Price target increased by 9.0% to CN¥7.63 Up from CN¥7.00, the current price target is an average from 2 analysts. New target price is 18% above last closing price of CN¥6.49. Stock is up 13% over the past year. The company is forecast to post earnings per share of CN¥0.37 for next year compared to CN¥0.29 last year. Anuncio • Jun 30
Luenmei Quantum Co.,Ltd to Report First Half, 2025 Results on Aug 30, 2025 Luenmei Quantum Co.,Ltd announced that they will report first half, 2025 results on Aug 30, 2025 Reported Earnings • May 03
First quarter 2025 earnings released: EPS: CN¥0.28 (vs CN¥0.25 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.28 (up from CN¥0.25 in 1Q 2024). Revenue: CN¥1.70b (down 1.1% from 1Q 2024). Net income: CN¥618.1m (up 9.6% from 1Q 2024). Profit margin: 36% (up from 33% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Anuncio • Apr 30
Luenmei Quantum Co.,Ltd, Annual General Meeting, May 23, 2025 Luenmei Quantum Co.,Ltd, Annual General Meeting, May 23, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenyang, Liaoning China Buy Or Sell Opportunity • Apr 29
Now 21% undervalued Over the last 90 days, the stock has risen 3.8% to CN¥5.76. The fair value is estimated to be CN¥7.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 14%. Revenue is forecast to grow by 10.0% in 2 years. Earnings are forecast to grow by 33% in the next 2 years. Buy Or Sell Opportunity • Apr 07
Now 28% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.5% to CN¥5.27. The fair value is estimated to be CN¥7.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 14%. Revenue is forecast to grow by 10.0% in 2 years. Earnings are forecast to grow by 33% in the next 2 years. Anuncio • Mar 28
Luenmei Quantum Co.,Ltd to Report Q1, 2025 Results on Apr 30, 2025 Luenmei Quantum Co.,Ltd announced that they will report Q1, 2025 results on Apr 30, 2025 Buy Or Sell Opportunity • Mar 21
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.9% to CN¥5.77. The fair value is estimated to be CN¥7.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 14%. Revenue is forecast to grow by 9.5% in 2 years. Earnings are forecast to grow by 43% in the next 2 years. Buy Or Sell Opportunity • Mar 03
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.8% to CN¥5.80. The fair value is estimated to be CN¥7.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 14%. Revenue is forecast to grow by 9.5% in 2 years. Earnings are forecast to grow by 43% in the next 2 years. Anuncio • Dec 27
Luenmei Quantum Co.,Ltd to Report Fiscal Year 2024 Results on Apr 30, 2025 Luenmei Quantum Co.,Ltd announced that they will report fiscal year 2024 results on Apr 30, 2025 Buy Or Sell Opportunity • Dec 19
Now 21% undervalued Over the last 90 days, the stock has risen 16% to CN¥6.00. The fair value is estimated to be CN¥7.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 14%. Revenue is forecast to grow by 9.5% in 2 years. Earnings are forecast to grow by 48% in the next 2 years. Buy Or Sell Opportunity • Nov 13
Now 20% undervalued Over the last 90 days, the stock has risen 6.1% to CN¥6.05. The fair value is estimated to be CN¥7.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 14%. Revenue is forecast to grow by 9.5% in 2 years. Earnings are forecast to grow by 48% in the next 2 years. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.014 (vs CN¥0.026 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.014 (down from CN¥0.026 in 3Q 2023). Revenue: CN¥347.9m (up 5.1% from 3Q 2023). Net income: CN¥30.8m (down 48% from 3Q 2023). Profit margin: 8.8% (down from 18% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 10% per year. Anuncio • Sep 30
Luenmei Quantum Co.,Ltd to Report Q3, 2024 Results on Oct 31, 2024 Luenmei Quantum Co.,Ltd announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: CN¥0.038 loss per share (vs CN¥0.042 loss in 2Q 2023) Second quarter 2024 results: CN¥0.038 loss per share (improved from CN¥0.042 loss in 2Q 2023). Revenue: CN¥233.1m (up 18% from 2Q 2023). Net loss: CN¥86.7m (loss narrowed 8.2% from 2Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Water Utilities industry in China. 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 14% per year. Anuncio • Jul 20
366 Mobile Internet Technology Co., Ltd. completed the acquisition of 75% stake in Mega-info Media Co.,Ltd. (SZSE:301102) from Luenmei Quantum Co.,Ltd (SHSE:600167) and Shenyang Huaxin Luenmei Asset Management Co., Ltd. for CNY 2.3 billion. 366 Mobile Internet Technology Co., Ltd. signed Share Transfer Agreement to acquire 75% stake in Mega-info Media Co.,Ltd. (SZSE:301102) from Luenmei Quantum Co.,Ltd (SHSE:600167) and Shenyang Huaxin Luenmei Asset Management Co., Ltd. for CNY 2.3 billion on May 27, 2024. A cash consideration of CNY 2.29 billion will be paid by 366 Mobile Internet Technology Co., Ltd. As part of consideration, CNY 2.29 billion is paid towards common equity of Mega-info Media Co.,Ltd.
366 Mobile Internet Technology Co., Ltd. completed the acquisition of 75% stake in Mega-info Media Co.,Ltd. (SZSE:301102) from Luenmei Quantum Co.,Ltd (SHSE:600167) and Shenyang Huaxin Luenmei Asset Management Co., Ltd. on July 18, 2024. Anuncio • Jun 28
Luenmei Quantum Co.,Ltd to Report First Half, 2024 Results on Aug 31, 2024 Luenmei Quantum Co.,Ltd announced that they will report first half, 2024 results on Aug 31, 2024 Anuncio • May 01
Luenmei Quantum Co.,Ltd, Annual General Meeting, May 24, 2024 Luenmei Quantum Co.,Ltd, Annual General Meeting, May 24, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenyang, Liaoning China Reported Earnings • Apr 30
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.38 (down from CN¥0.42 in FY 2022). Revenue: CN¥3.41b (down 1.1% from FY 2022). Net income: CN¥859.0m (down 9.0% from FY 2022). Profit margin: 25% (down from 27% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 8.0%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Anuncio • Mar 29
Luenmei Quantum Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024 Luenmei Quantum Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥6.12, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Water Utilities industry in China. Total loss to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥8.16 per share. Anuncio • Dec 29
Luenmei Quantum Co.,Ltd to Report Fiscal Year 2023 Results on Apr 30, 2024 Luenmei Quantum Co.,Ltd announced that they will report fiscal year 2023 results on Apr 30, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.026 (vs CN¥0.013 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.026 (up from CN¥0.013 in 3Q 2022). Revenue: CN¥331.0m (down 7.1% from 3Q 2022). Net income: CN¥58.8m (up 96% from 3Q 2022). Profit margin: 18% (up from 8.4% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Water Utilities industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 23% per year. Anuncio • Sep 30
Luenmei Quantum Co.,Ltd to Report Q3, 2023 Results on Oct 31, 2023 Luenmei Quantum Co.,Ltd announced that they will report Q3, 2023 results on Oct 31, 2023 Reported Earnings • Aug 31
Second quarter 2023 earnings released: CN¥0.042 loss per share (vs CN¥0.031 loss in 2Q 2022) Second quarter 2023 results: CN¥0.042 loss per share (further deteriorated from CN¥0.031 loss in 2Q 2022). Revenue: CN¥197.9m (down 1.8% from 2Q 2022). Net loss: CN¥94.5m (loss widened 37% from 2Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Water Utilities industry in Asia. Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 20% per year. Reported Earnings • Apr 29
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥0.42 (down from CN¥0.46 in FY 2021). Revenue: CN¥3.45b (flat on FY 2021). Net income: CN¥944.0m (down 9.8% from FY 2021). Profit margin: 27% (down from 30% in FY 2021). Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) also missed analyst estimates by 7.3%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Water Utilities industry in Asia. Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 26% per year. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Zheng Yang was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.013 (vs CN¥0.026 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.013 (down from CN¥0.026 in 3Q 2021). Revenue: CN¥356.2m (up 3.3% from 3Q 2021). Net income: CN¥30.0m (down 50% from 3Q 2021). Profit margin: 8.4% (down from 17% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Water Utilities industry in China. 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 20% per year. Reported Earnings • Apr 29
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.46 (down from CN¥0.74 in FY 2020). Revenue: CN¥3.47b (down 3.6% from FY 2020). Net income: CN¥1.05b (down 38% from FY 2020). Profit margin: 30% (down from 47% in FY 2020). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 43%. Over the next year, revenue is forecast to grow 28%, compared to a 14% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Zheng Yang was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.026 (vs CN¥0.097 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥345.0m (up 7.0% from 3Q 2020). Net income: CN¥59.4m (down 73% from 3Q 2020). Profit margin: 17% (down from 69% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year. Board Change • Oct 27
Less than half of directors are independent There are 4 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: 4 new directors. 1 experienced director. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Supervisor Wu Yao is the most experienced director on the board, commencing their role in 2010. Independent Director Zheng Yang was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Sep 28
Less than half of directors are independent There are 4 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: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). President & Director Changyi Zhu is the most experienced director on the board, commencing their role in 2011. Independent Director Zheng Yang was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Reported Earnings • Aug 29
Second quarter 2021 earnings released: CN¥0.013 loss per share (vs CN¥0.018 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: CN¥193.1m (down 30% from 2Q 2020). Net loss: CN¥30.4m (down 174% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year. Major Estimate Revision • May 08
Consensus EPS estimates fall to CN¥0.85 The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from CN¥4.82b to CN¥4.67b. EPS estimate also fell from CN¥0.95 to CN¥0.85. Net income forecast to grow 15% next year vs 15% growth forecast for Water Utilities industry in China. Consensus price target of CN¥17.64 unchanged from last update. Share price was steady at CN¥8.91 over the past week. Reported Earnings • May 02
Full year 2020 earnings released: EPS CN¥0.74 (vs CN¥0.70 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¥3.60b (up 5.9% from FY 2019). Net income: CN¥1.69b (up 5.9% from FY 2019). Profit margin: 47% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥10.22 The company is down 27% from its price of CN¥14.00 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥4.19 per share. Is New 90 Day High Low • Jan 05
New 90-day low: CN¥11.04 The company is down 14% from its price of CN¥12.91 on 30 September 2020. The Chinese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥4.19 per share. Is New 90 Day High Low • Dec 14
New 90-day low: CN¥12.22 The company is down 1.0% from its price of CN¥12.36 on 14 September 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Water Utilities industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥4.19 per share. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥1.83b, up 22% from the prior year. Total revenue was CN¥3.82b over the last 12 months, up 19% from the prior year. Anuncio • Oct 27
Luenmei Quantum Co.,Ltd to Report Q3, 2020 Results on Oct 30, 2020 Luenmei Quantum Co.,Ltd announced that they will report Q3, 2020 results on Oct 30, 2020 Anuncio • Jul 10
Luenmei Quantum Co.,Ltd to Report First Half, 2020 Results on Aug 28, 2020 Luenmei Quantum Co.,Ltd announced that they will report first half, 2020 results on Aug 28, 2020