New Risk • Jun 08
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 German stocks, typically moving 8.5% 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 Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 3.2% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (€41.3m market cap, or US$47.6m). Board Change • May 20
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 an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Jiantao Yan was the last independent director to join the board, commencing their role in 2026. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annonce • Mar 30
Hilong Holding Limited, Annual General Meeting, Jun 26, 2026 Hilong Holding Limited, Annual General Meeting, Jun 26, 2026. Annonce • Mar 17
Hilong Holding Limited to Report Fiscal Year 2025 Results on Mar 27, 2026 Hilong Holding Limited announced that they will report fiscal year 2025 results on Mar 27, 2026 Annonce • Jan 12
Hilong Holding Limited Announces Appointment of Yan Jiantao as Independent Non-Executive Director, Effective January 9, 2026 Hilong Holding Limited announced that Mr. Yan Jiantao has been appointed as an independent non-executive director of the Company with effect from January 9, 2026. Mr. Yan has been an executive director of Fidelity Energy Holding Ltd. and Fidelity Enterprise Management Consulting (Beijing) Co. Ltd. since January 2018 and January 2022 respectively. Mr. Yan is also an independent director of Senton Energy Co. Ltd. (Stock Code: 001331), a company listed on the Shenzhen Stock Exchange, since February 2021. From 1995 to 1996, he served as an united nations program officer of China International Center for Economic and Technical Exchanges. From 1996 to 1998, he acted as the project development manager of the Wing Group. From 2003 to 2007, he was the China manager of Worldwide Energy Group. From 2007 to 2011, Mr. Yan served as the business development manager and senior strategic consultant of IHS (Beijing) Trading Company Limited. From 2011 to 2014, he acted as the executive director of Beijing Gao Hua Securities Company Limited. From February 2014 to May 2018, Mr. Yan was the head of policy, industry and regulatory affairs of BP (China) Holdings Ltd. Mr. Yan received a Bachelor's Degree in Economics from the University of International Business & Economics in 1995 and a Master's Degree in Business Administration from Rice University in United States of America in 2003. Mr. Yan has signed a letter of appointment with the Company for a term of three years which is terminable by either party giving one month's prior written notice, and he is subject to retirement by rotation and re-election at least once every three years at the annual general meeting of the Company in accordance with the provision of the articles of association of the Company. Board Change • Dec 30
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. 2 experienced directors. 6 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Zheyan Shi was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annonce • Aug 15
Hilong Holding Limited to Report First Half, 2025 Results on Aug 29, 2025 Hilong Holding Limited announced that they will report first half, 2025 results on Aug 29, 2025 Annonce • Mar 31
Hilong Holding Limited, Annual General Meeting, Jun 20, 2025 Hilong Holding Limited, Annual General Meeting, Jun 20, 2025. Annonce • Mar 18
Hilong Holding Limited to Report Fiscal Year 2024 Results on Mar 28, 2025 Hilong Holding Limited announced that they will report fiscal year 2024 results on Mar 28, 2025 Annonce • Dec 26
Hilong Holding Limited Appoints GAO Zhihai as Co-Chief Executive Officer The board of directors of Hilong Holding Limited announced that Mr. GAO Zhihai ("Mr. Gao"), has been appointed as the Co-Chief Executive Officer of the Company with effect from 23 December 2024. Mr. Gao will assist Mr. Zhang Jun, an executive Director, the chairman of the Board, Executive Chairman and Co-Chief Executive Officer of the Company, in the overall business operations and strategy formulation of the Company. Mr. GAO Zhihai, aged 55, joined the Group in June 2005. Mr. Gao has been the vice president of the Company and the chairman of the board of Shanghai Boteng Welding Consumable Co. Ltd. ("Shanghai Boteng") since 2020, and is responsible for the Group's research and development and technology management, and project engineering management and Shanghai Boteng's overall development planning and operation management planning. Mr. Gao has over 29 years of experience in the petroleum industry. Prior to joining the Group, Mr. Gao worked at CNPC Tubular Goods Research Institute from 1995 to 2005. Mr. Gao received a Bachelor's Degree in Engineering from Southwest Petroleum University in 1992 and a Master's Degree in Engineering in 1995. Mr. Gao became an engineer in 1998, a senior engineer in 2003 and a senior engineer (professor level) in 2008. He is the inventor of a cored wire for surface welding. Annonce • Nov 28
Hilong Holding Limited, Annual General Meeting, Dec 23, 2024 Hilong Holding Limited, Annual General Meeting, Dec 23, 2024, at 10:00 China Standard Time. Location: conference room, 6th floor, hilong group of companies ltd., no. 1825 luodong road, baoshan industrial zone, shanghai China Annonce • Oct 07
Hilong Holding Limited to Report Fiscal Year 2023 Results on Oct 18, 2024 Hilong Holding Limited announced that they will report fiscal year 2023 results at 4:00 PM, China Standard Time on Oct 18, 2024 New Risk • Apr 05
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Share price has been highly volatile over the past 3 months (26% average weekly change). Earnings have declined by 8.6% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Large one-off items impacting financial results. Market cap is less than US$100m (€22.6m market cap, or US$24.5m). Board Change • Nov 06
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. 3 experienced directors. 6 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Zheyan Shi was the last independent director to join the board, commencing their role in 2017. 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 • Aug 28
First half 2023 earnings released: EPS: CN¥0.085 (vs CN¥0.032 in 1H 2022) First half 2023 results: EPS: CN¥0.085 (up from CN¥0.032 in 1H 2022). Revenue: CN¥2.11b (up 24% from 1H 2022). Net income: CN¥144.7m (up 168% from 1H 2022). Profit margin: 6.9% (up from 3.2% in 1H 2022). Annonce • Aug 16
Hilong Holding Limited to Report First Half, 2023 Results on Aug 25, 2023 Hilong Holding Limited announced that they will report first half, 2023 results on Aug 25, 2023 Annonce • Aug 13
Hilong Holding Limited Provides Earnings Guidance for the Six Months Ended 30 June 2023 Hilong Holding Limited provided earnings guidance for the six months ended 30 June 2023. For the period, the Group is expected to record a profit attributable to equity owners of the Company of not less than RMB 130 million for the Reporting Period, as compared to the profit attributable to equity owners of the Company of approximately RMB 54.1 million for the six months ended 30 June 2022. New Risk • Jun 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 28% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€35.8m market cap, or US$39.0m). Recent Insider Transactions • Jun 19
Executive Chairman of the Board recently bought €69k worth of stock On the 13th of June, Jun Zhang bought around 3m shares on-market at roughly €0.023 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jun's only on-market trade for the last 12 months. Reported Earnings • Apr 30
Full year 2022 earnings released: EPS: CN¥0.083 (vs CN¥0.026 in FY 2021) Full year 2022 results: EPS: CN¥0.083 (up from CN¥0.026 in FY 2021). Revenue: CN¥3.74b (up 28% from FY 2021). Net income: CN¥141.0m (up 219% from FY 2021). Profit margin: 3.8% (up from 1.5% in FY 2021). Board Change • Nov 16
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. 6 non-independent directors. Independent Non-Executive Director Zheyan Shi was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Oct 04
Insider recently sold €355k worth of stock On the 28th of September, Shumin Zhao sold around 6m shares on-market at roughly €0.057 per share. This transaction amounted to 6.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.6m more than they bought in the last 12 months. Reported Earnings • Aug 27
First half 2022 earnings released: EPS: CN¥0.032 (vs CN¥0.024 in 1H 2021) First half 2022 results: EPS: CN¥0.032 (up from CN¥0.024 in 1H 2021). Revenue: CN¥1.70b (up 8.4% from 1H 2021). Net income: CN¥54.1m (up 34% from 1H 2021). Profit margin: 3.2% (up from 2.6% in 1H 2021). Over the next year, revenue is forecast to grow 6.4%, compared to a 14% growth forecast for the Energy Services industry in Germany. Annonce • Aug 13
Hilong Holding Limited to Report First Half, 2022 Results on Aug 26, 2022 Hilong Holding Limited announced that they will report first half, 2022 results on Aug 26, 2022 Annonce • Jul 26
Hilong Holding Limited Appoints Fan Ren Da Anthony as Non-Executive Director The board of directors of the Hilong Holding Limited announced that Dr. Fan Ren Da Anthony (Dr. Fan) has been appointed as a non-executive director of the Company with effect from 25 July 2022. Dr. Fan Ren Da Anthony, aged 62, has extensive experience in corporate finance, mergers and acquisitions, venture capital, company consolidation and restructuring. He is currently the chairman and managing director of AsiaLink Capital Limited. Dr. Fan has been a director of Tenfu (Cayman) Holdings Company Limited, since August 2011 and is currently serving as an executive director of that company. Dr. Fan is also an independent non-executive director of CITIC Resources Holdings Limited Uni-President China Holdings Ltd., China Dili Group, Hong Kong Resources Holdings Company Limited, Shanghai Industrial Urban Development Group Limited, Technovator International Limited, China Development Bank International Investment Limited, Semiconductor Manufacturing International Corporation and Neo-Neon Holdings Limited, all of which are listed on the Main Board of the Stock Exchange. Dr. Fan ceased to be an independent non-executive director of Raymond Industrial Limited in May 2021. Dr. Fan is the Founding President of The Hong Kong Independent Non-Executive Director Association. Dr. Fan holds a master's degree in Business Administration from the United States of America and a PhD in Economics. Dr. Fan has signed a letter of appointment with the Company for a term of three years which is terminable by either party giving one month's prior written notice, and he is subject to retirement by rotation and re-election at least once every three years at the annual general meeting of the Company in accordance with the provisions of the articles of association of the Company. Recent Insider Transactions • Jun 15
Executive Chairman of the Board recently sold €1.1m worth of stock On the 13th of June, Jun Zhang sold around 14m shares on-market at roughly €0.08 per share. This was the largest sale by an insider in the last 3 months. This was Jun's only on-market trade for the last 12 months. 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. 3 experienced directors. 5 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Zheyan Shi was the last independent director to join the board, commencing their role in 2017. 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 • Aug 31
First half 2021 earnings released: EPS CN¥0.024 (vs CN¥0.025 loss in 1H 2020) The company reported a solid first half result with improved earnings and profit margins, although revenues were flat. First half 2021 results: Revenue: CN¥1.57b (flat on 1H 2020). Net income: CN¥40.2m (up CN¥82.0m from 1H 2020). Profit margin: 2.6% (up from net loss in 1H 2020). Board Change • Jul 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. 4 experienced directors. 4 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Zheyan Shi was the last independent director to join the board, commencing their role in 2017. 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 • Apr 18
Full year 2020 earnings released: CN¥0.18 loss per share (vs CN¥0.10 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥2.62b (down 28% from FY 2019). Net loss: CN¥298.8m (down 269% from profit in FY 2019). Reported Earnings • Mar 27
Full year 2020 earnings released: CN¥0.18 loss per share (vs CN¥0.10 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥2.62b (down 28% from FY 2019). Net loss: CN¥298.8m (down 269% from profit in FY 2019). Annonce • Mar 21
Hilong Holding Limited Provides Consolidated Earnings Guidance for the Year Ended 31 December 2020 Hilong Holding Limited provided consolidated earnings guidance for the year ended 31 December 2020. The group is expected to record a net loss ranging from approximately RMB 250 million to approximately RMB 330 million for the Financial Year. The anticipated net loss of the Group for the year ended 31 December 2020 was mainly attributable to (1) the extended duration and impact of COVID-19 on the oil and gas industry and the global economy as a whole, and in particular, the decrease in demand from oil and gas companies in connection with exploration, drilling and production activities and disruptions to businesses as a result of the prolonged COVID-19 pandemic in regions such as South America, East Europe and Africa, in which the Group has operations; (2) increase in provision for bad debts of accounts receivable for the Financial Year given the current market environment and management's expectation of receivables impacted by the current economic downturn; and (3) foreign exchange loss resulting from the fluctuations in the exchange rates of RMB against U.S. Dollar (USD). Annonce • Mar 17
Hilong Holding Limited to Report Fiscal Year 2020 Results on Mar 26, 2021 Hilong Holding Limited announced that they will report fiscal year 2020 results on Mar 26, 2021 Annonce • Feb 04
Hilong Marine Engineering Enters into Service Contract with China Petroleum Pipeline Engineering The board of Hilong Holding Limited announced that Hilong Marine Engineering and China Petroleum Pipeline Engineering has recently entered into a supplemental contract to the construction subcontracts the parties previously entered into in January 2019 with respect to the provision of certain construction services to China Petroleum Pipeline Engineering. The Supplemental Contract has a total contract value of approximately $37.2 million. Under the Supplemental Contract, the Group will provide, among others, additional construction services to the newly added channels, including design, construction of deep trenching and back filling, pipeline pre- and post-survey to China Petroleum Pipeline Engineering. The service is expected to be completed by May 2021. The Board believes that the entering into of the Supplemental Contract with renowned large professional company in the field of design and construction of petroleum offshore pipelines shows the Group's strength in the offshore engineering services area. It also demonstrates the company's established relationships with large professional companies in the field of design and construction of petroleum offshore pipelines and has proven their recognition. The Board considers that the Supplemental Contract has further injected new impetus to the offshore engineering services segment of the Group and is also in line with the development prospects of the Group. 
