Declared Dividend • Mar 30
Dividend of HK$0.014 announced Shareholders will receive a dividend of HK$0.014. Ex-date: 23rd June 2026 Payment date: 30th July 2026 Dividend yield will be 3.3%, which is higher than the industry average of 3.1%. Reported Earnings • Mar 27
Full year 2025 earnings released: EPS: HK$0.06 (vs HK$0.069 in FY 2024) Full year 2025 results: EPS: HK$0.06 (down from HK$0.069 in FY 2024). Revenue: HK$6.87b (down 20% from FY 2024). Net income: HK$452.8m (down 14% from FY 2024). Profit margin: 6.6% (up from 6.1% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 59% per year, which means it is well ahead of earnings. Anuncio • Mar 27
CGN Mining Company Limited, Annual General Meeting, Jun 18, 2026 CGN Mining Company Limited, Annual General Meeting, Jun 18, 2026. Anuncio • Mar 16
CGN Mining Company Limited to Report Fiscal Year 2025 Results on Mar 26, 2026 CGN Mining Company Limited announced that they will report fiscal year 2025 results on Mar 26, 2026 Board Change • Mar 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Independent Non-Executive Director Pei Gao is the most experienced director on the board, commencing their role in 2014. 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 • Oct 29
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Yingpeng Wu was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 27
First half 2025 earnings released: HK$0.009 loss per share (vs HK$0.015 profit in 1H 2024) First half 2025 results: HK$0.009 loss per share (down from HK$0.015 profit in 1H 2024). Revenue: HK$1.71b (down 58% from 1H 2024). Net loss: HK$67.6m (down 160% from profit in 1H 2024). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Board Change • Aug 18
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Yingpeng Wu was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Aug 15
CGN Mining Company Limited to Report First Half, 2025 Results on Aug 26, 2025 CGN Mining Company Limited announced that they will report first half, 2025 results on Aug 26, 2025 Anuncio • Jun 19
CGN Mining Company Limited Approves Final Cash Dividend for the Year Ended December 31, 2024 CGN Mining Company Limited at its Annual General Meeting held on June 19, 2025, approved to declare a final cash dividend of 0.7 Hong Kong cents per share for the year ended December 31, 2024. Board Change • May 26
Less than half of directors are independent There are 5 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. 5 non-independent directors. Independent Non-Executive Director Dai Qijia was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Apr 04
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Dai Qijia was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 22
Full year 2024 earnings released: EPS: HK$0.069 (vs HK$0.065 in FY 2023) Full year 2024 results: EPS: HK$0.069 (up from HK$0.065 in FY 2023). Revenue: HK$8.62b (up 17% from FY 2023). Net income: HK$526.7m (up 6.0% from FY 2023). Profit margin: 6.1% (down from 6.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Mar 21
CGN Mining Company Limited, Annual General Meeting, Jun 19, 2025 CGN Mining Company Limited, Annual General Meeting, Jun 19, 2025. Anuncio • Mar 12
CGN Mining Company Limited Announces Change of Independent Non-Executive Director and Composition of Board Committees The board of directors of CGN Mining Company Limited announced that, with effect from 12 March 2025, Mr. Qiu Xianhong resigned as an independent non-executive Director of the Company, the chairman of the audit committee, the chairman of the remuneration committee and a member of the nomination committee of the Board as he decided to devote more time to his other personal matters. Mr. Qiu Xianhong has confirmed that he has no disagreement with the Board and there are no other matters in respect of his resignation that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited. The Board also announced that, with effect from 12 March 2025, Ms. Dai Qijia has been appointed as an independent non-executive Director of the Company, as well as the chairwoman of the remuneration committee, a member of the audit committee and a member of the nomination committee of the Board. Ms. Dai Qijia, aged 40, is currently the chief executive officer of Lianhe Green Development Company Limited. From September 2010 to February 2016, Ms. Dai successively served as the vice president of Equity Research Department of the Royal Bank of Scotland and Barclays Capital Asia Limited. From March 2016 to May 2019, she served as a director and head of rating advisory of Fixed Income, Currencies and Commodities Department of Guotai Junan Securities (Hong Kong) Limited. From May 2019 to January 2024, Ms. Dai served as the deputy general manager and head of credit rating advisor and sustainable finance of Treasury and Markets Group of China CITIC Bank International Limited. Ms. Dai has approximately 17 years of experience in capital market investment and financing. Ms. Dai graduated from Shanghai International Studies University in July 2006 with a bachelor's degree in management, majoring in accounting. Ms. Dai has entered into a service contract with the Company for an initial term of two years commencing from 12 March 2025, subject to retirement and re-election as required by the articles of association of the Company, and will continue thereafter until termination by not less than three months' notice in writing served by either party to the other. Ms. Dai is entitled to a director's fee of HKD 120,000 per annum pursuant to the service contract, which has been determined with reference to her duties and the remuneration policy of the Company. Pursuant to the articles of association of the Company, Ms. Dai shall hold office until the next annual general meeting of the Company where she shall be eligible for re-election. Ms. Dai shall be subject to retirement by rotation thereafter and shall then be eligible for re-election. The Board further announced that following Mr. Qiu Xianhong's resignation, Mr. Zhang Yuntao, an independent non-executive Director of the Company, has been re-designated from a member of the audit committee of the Board to the chairman of the audit committee of the Board with effect from 12 March 2025. Anuncio • Mar 10
CGN Mining Company Limited to Report Fiscal Year 2024 Results on Mar 20, 2025 CGN Mining Company Limited announced that they will report fiscal year 2024 results on Mar 20, 2025 New Risk • Sep 25
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.0% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.0% operating cash flow to total debt). Shares are highly illiquid. Minor Risk Profit margins are more than 30% lower than last year (5.1% net profit margin). Reported Earnings • Sep 24
First half 2024 earnings released: EPS: HK$0.015 (vs HK$0.024 in 1H 2023) First half 2024 results: EPS: HK$0.015 (down from HK$0.024 in 1H 2023). Revenue: HK$4.07b (up 39% from 1H 2023). Net income: HK$113.1m (down 37% from 1H 2023). Profit margin: 2.8% (down from 6.1% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 1.3% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 26
First half 2024 earnings released: EPS: HK$0.015 (vs HK$0.024 in 1H 2023) First half 2024 results: EPS: HK$0.015 (down from HK$0.024 in 1H 2023). Revenue: HK$4.07b (up 39% from 1H 2023). Net income: HK$113.1m (down 37% from 1H 2023). Profit margin: 2.8% (down from 6.1% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 1.1% decline forecast for the Oil and Gas industry in Europe. Anuncio • Aug 22
CGN Mining Company Limited Approves Interim Dividend for the Six Months Ended 30 June 2024, Payable on 20 September 2024 CGN Mining Company Limited approved interim dividend of HKD 0.003 per share for the six months ended 30 June 2024. Ex-dividend date: 06 September 2024; Record date: 11 September 2024; Payment date: 20 September 2024. Anuncio • Aug 12
CGN Mining Company Limited to Report First Half, 2024 Results on Aug 22, 2024 CGN Mining Company Limited announced that they will report first half, 2024 results on Aug 22, 2024 Anuncio • Apr 28
CGN Mining Company Limited, Annual General Meeting, Jun 20, 2024 CGN Mining Company Limited, Annual General Meeting, Jun 20, 2024, at 11:00 China Standard Time. Location: 19F, Block A, Guangyao Oriental Center, No.100 West Third Ring North Road, Haidian District, Beijing, PRC Beijing China Agenda: To consider and adopt the audited consolidated financial statements and the reports of the directors and the auditors of the Company for the year ended 31 December 2023; to re-elect the directors of the Company; to authorize the board of directors (the "Board") to fix the remuneration of the directors of the Company; to re-appoint BDO Limited as the auditors of the Company and to authorize the Board to fix their remuneration; and to discuss other matters. Reported Earnings • Apr 28
Full year 2023 earnings released: EPS: HK$0.065 (vs HK$0.072 in FY 2022) Full year 2023 results: EPS: HK$0.065 (down from HK$0.072 in FY 2022). Revenue: HK$7.36b (up 102% from FY 2022). Net income: HK$497.1m (down 3.5% from FY 2022). Profit margin: 6.8% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Board Change • Apr 24
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Yuntao Zhang was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 22
Full year 2023 earnings released: EPS: HK$0.065 (vs HK$0.072 in FY 2022) Full year 2023 results: EPS: HK$0.065 (down from HK$0.072 in FY 2022). Revenue: HK$7.36b (up 102% from FY 2022). Net income: HK$497.1m (down 3.5% from FY 2022). Profit margin: 6.8% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Anuncio • Mar 12
CGN Mining Company Limited to Report Fiscal Year 2023 Results on Mar 21, 2024 CGN Mining Company Limited announced that they will report fiscal year 2023 results on Mar 21, 2024 Board Change • Nov 21
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Yuntao Zhang was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 17
First half 2023 earnings released: EPS: HK$0.024 (vs HK$0.053 in 1H 2022) First half 2023 results: EPS: HK$0.024 (down from HK$0.053 in 1H 2022). Revenue: HK$2.93b (up 22% from 1H 2022). Net income: HK$179.7m (down 49% from 1H 2022). Profit margin: 6.1% (down from 15% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Oil and Gas industry in Germany. Board Change • Sep 05
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Yuntao Zhang was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Aug 18
CGN Mining Company Limited Announces Board Changes The board of directors of CGN Mining Company Limited announced that with effect from 17 August 2023, Mr. Lee Kwok Tung Louis (Mr. Lee) has resigned as an independent non-executive director of the Company, a member of the audit committee, remuneration committee and nomination committee of the Board due to his decision to devote more time to other business. The Board also announced that with effect from 17 August 2023, Mr. Zhang Yuntao (Mr. Zhang) has been appointed as an independent non-executive director of the Company, a member of the audit committee, remuneration committee and nomination committee of the Board. Mr. Zhang, aged 46, has approximately 20 years of experience in capital market investment and financing. Mr. Zhang has worked as a managing director of an international investment bank from May 2005 to December 2017 and has been working as the general manager of a private equity firm focusing in Hong Kong and Mainland China since 2018 to date and is engaged in fund management. Mr. Zhang obtained a bachelor's degree in Economics majoring in International Finance and a master's degree in Economics majoring in Finance from the University of International Business and Economics in Beijing, China in July 1999 and June 2002, respectively. Mr. Zhang is a chartered financial analyst and a certified public accountant in China. Pursuant to the articles of association of the Company, Mr. Zhang shall hold office until the next annual general meeting of the Company where he shall be eligible for re-election. Mr. Zhang shall be subject to retirement by rotation thereafter and shall then be eligible for re-election. Anuncio • Aug 15
CGN Mining Company Limited to Report First Half, 2023 Results on Aug 24, 2023 CGN Mining Company Limited announced that they will report first half, 2023 results on Aug 24, 2023 Anuncio • Aug 12
CGN Mining Company Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2023 CGN Mining Company Limited provided consolidated earnings guidance for the six months ended 30 June 2023. The group is expected to record a decrease of 40% to 60% in net profit for the six months ended 30 June 2023 as compared to the corresponding period of the year 2022. Board Change • Jun 10
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Pei Ji Gao was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • May 23
CGN Mining Company Limited, Annual General Meeting, Jun 15, 2023 CGN Mining Company Limited, Annual General Meeting, Jun 15, 2023, at 11:00 China Standard Time. Location: 19F, Block A, Guangyao Oriental Center No.100 West Third Ring North Road, Haidian District, Beijing, PRC Beijing China Agenda: to consider and adopt the audited consolidated financial statements and the reports of the directors and the auditors of the Company for the year ended 31 December 2022; to re-elect the following directors of the Company: (a) Mr. Qiu Xianhong as an independent non-executive director of the Company; (b) Mr. Gao Pei Ji as an independent non-executive director of the Company; and (c) Mr. Lee Kwok Tung Louis as an independent non-executive director of the Company; to authorise the board of directors (the "Board") to fix the remuneration of the directors of the Company; to re-appoint BDO Limited as the auditors of the Company and to authorise the Board to fix their remuneration; and to consider any other matter if any. Board Change • Mar 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Pei Ji Gao was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Jan 04
CGN Mining Company Limited Announces Environmental, Social and Governance Committee Appointments The board of directors of CGN Mining Company Limited announced that an environmental, social and governance committee of the Board (the "ESG Committee") was established on 3 January 2023. The main duties and responsibilities of the ESG Committee include (i) to make recommendations to the Board on the environmental, social and governance ("ESG") objectives, strategies and management policies of the Company; (ii) to review and assess the adequacy and effectiveness of the management framework for ESG matters of the Company and make recommendations to the Board (if necessary); (iii) to adopt and update the Company's ESG policies to ensure compliance with applicable legal and regulatory requirements; (iv) to identify, determine, prioritise and assess ESG risks and opportunities of the Company, advise on those issues that will significantly affect the operation of the Company; (v) to review and monitor the work of the Company's ESG, assess and review the Company's ESG performance against performance targets; (vi) to ensure the annual ESG report of the Company is in compliance with the relevant requirements of the Rules Governing the Listing of Securities on The Stoc Exchange of Hong Kong Limited; (vii) to review the annual ESG report of the Company and recommend to the Board for approval; and (viii) to consider other matters, as defined or assigned by the Board from time to time. Ms. Xu Junmei has been appointed as the chairman of the ESG Committee, and Mr. Sun Xu and Mr. Gao Pei Ji have been appointed as members of the ESG Committee with effect from 3 January 2023. Board Change • Nov 21
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Pei Ji Gao was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 26
First half 2022 earnings released: EPS: HK$0.053 (vs HK$0.005 in 1H 2021) First half 2022 results: EPS: HK$0.053 (up from HK$0.005 in 1H 2021). Revenue: HK$2.41b (up 31% from 1H 2021). Net income: HK$355.1m (up HK$319.1m from 1H 2021). Profit margin: 15% (up from 2.0% in 1H 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 58%, compared to a 52% growth forecast for the Oil and Gas industry in Germany. Board Change • Aug 19
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Pei Ji Gao was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Aug 16
CGN Mining Company Limited to Report First Half, 2022 Results on Aug 25, 2022 CGN Mining Company Limited announced that they will report first half, 2022 results on Aug 25, 2022 Anuncio • Aug 13
CGN Mining Company Limited Provides Group Earnings Guidance for the Six Months Ended 30 June 2022 CGN Mining Company Limited provided group earnings guidance for the six months ended 30 June 2022. Based on a preliminary review by the management of the company on the unaudited consolidated management accounts of the Group for the six months ended 30 June 2022, the board of directors of the company informed the shareholders of the company and potential investors that the Group is expected to record an increase in net profit from approximately HKD 36 million for the six months ended 30 June 2021 to approximately HKD 340 million to HKD 360 million for the six months ended 30 June 2022. Based on currently available information, the increase in net profit for the six months ended 30 June 2022 as compared to the corresponding period in 2021 was mainly attributable to increase in gross profit from natural uranium trading as a result of increase in trading price spread; increase in natural uranium prices resulting an increase in share of results of a joint venture from Semizbay-U Limited Liability Partnership; and addition of share of results of an associate from Mining Company "ORTALYK" LLP following the completion of acquisition of 49% interest in Ortalyk inJuly 2021. Anuncio • Jul 20
CGN Mining Company Limited Appoints Liu Guanhua as Non-Executive Director The board of directors of CGN Mining Company Limited announced the appointment of Mr. Liu Guanhua who is nominated by the Mixed-ownership Reform Fund, as a non-executive director of the Company and a member of the remuneration committee of the Board with effect from 19 July 2022. Mr. Liu, aged 39, is currently the managing director of the investment department of Chengtong Mixed Ownership Private Equity Fund Management Co. Ltd. mainly responsible for investment in new energy. Chengtong Mixed Ownership is the manager of the Mixed-ownership Reform Fund, which is a national fund approved by the State Council of the People's Republic of China and a 9.99% shareholder of the Company as at the date of this announcement. Mr. Liu has also been a director of Shanghai Jie-Hydrogen Technology Co. Ltd. since September 2021, and a director of Beijing Micro-structure Workshop Biotechnology Co. Ltd. and Zhejiang Hancheng Technology Co. Ltd. since December 2021. Prior to joining Chengtong Mixed Ownership in February 2021, Mr. Liu served as (i) the general manager of the strategic management department of Inner Mongolia Junzheng Energy and Chemical Group Co. Ltd. mainly responsible for strategic planning, chemical energy and new materials investment and acquisition, and strategic business expansion, between 2018 and 2021, (ii) involved in the commercialisation of cleaning technology in a company invested by Chinese Academy of Sciences between 2012 and 2017 and (iii) served as a senior researcher on catalyst materials at Johnson Matthey PLC between 2010 and 2012. Mr. Liu graduated from the Central South University with a bachelor of science degree in June 2005. Mr. Liu further obtained a Master of Science degree in advanced chemical engineering with biotechnology and a PhD degree from the Imperial College of Secience, Technology and Medicine in November 2006 and August 2010, respectively. Mr. Liu was accredited as a senior engineer in chemistry by Chinese Academy of Sciences in 2013 and a chartered financial analyst by the CFA Institute in 2017. There is no fixed term for Mr. Liu's appointment as a non-executive director of the Company but Mr. Liu is subject to the retirement and re-election requirements under the articles of association of the Company. Board Change • Jun 21
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Pei Ji Gao was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Anuncio • May 20
CGN Mining Company Limited, Annual General Meeting, Jun 16, 2022 CGN Mining Company Limited, Annual General Meeting, Jun 16, 2022, at 11:00 China Standard Time. Location: Conference Room 3001, 30F, Tower A, International Centre of Times, 101 Shaoyaoju Beili, Chaoyang District, PRC Beijing City China Agenda: To consider and adopt the audited consolidated financial statements and the reports of the directors and the auditors of the Company for the year ended 31 December 2021; to re-elect Mr. An Junjing as an executive director of the Company; to re-elect Ms. Xu Junmei as an executive director of the Company; to re-elect Mr. Sun Xu as a non-executive director of the Company; to authorise the board of directors to fix the remuneration of the directors; to re-appoint BDO Limited as the auditors of the Company and to authorise the board of directors to fix their remuneration; and to consider any other matters. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Pei Ji Gao was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Feb 07
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. 6 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Pei Ji Gao was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 05
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. 6 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Pei Ji Gao was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Executive Departure • Oct 03
General Counsel & Company Secretary Xiaowei Zheng has left the company On the 27th of September, Xiaowei Zheng's tenure as General Counsel & Company Secretary ended after 7.3 years in the role. We don't have any record of a personal shareholding under Xiaowei's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.75 years. Board Change • Sep 28
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Pei Ji Gao was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 28
First half 2021 earnings released: EPS HK$0.005 (vs HK$0.017 in 1H 2020) The company reported a mediocre first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: HK$1.85b (up 99% from 1H 2020). Net income: HK$36.0m (down 68% from 1H 2020). Profit margin: 2.0% (down from 12% in 1H 2020). The decrease in margin was driven by higher expenses.