View Financial HealthPersistence Resources Group 配当と自社株買い配当金 基準チェック /36Persistence Resources Group配当を支払う会社であり、現在の利回りは3.09%で、収益によって十分にカバーされています。主要情報3.1%配当利回り-21.8%バイバック利回り総株主利回り-18.7%将来の配当利回りn/a配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向51%最近の配当と自社株買いの更新分析記事 • Sep 01Persistence Resources Group (HKG:2489) Is Due To Pay A Dividend Of CN¥0.03Persistence Resources Group Ltd's ( HKG:2489 ) investors are due to receive a payment of CN¥0.03 per share on 2nd of...Declared Dividend • Aug 31Dividend of HK$0.03 announcedShareholders will receive a dividend of HK$0.03. Ex-date: 10th September 2025 Payment date: 2nd October 2025 Dividend yield will be 2.0%, which is about the same as the industry average.お知らせ • Aug 30Persistence Resources Group Ltd Announces Ordinary Interim (Semi-Annual) Dividend for the Period Ended June 30, 2024, Payable on September 25, 2024Persistence Resources Group Ltd. announced ordinary Interim (Semi-annual) dividend is HKD 0.0295 per share for the period ended June 30, 2024. Ex-dividend date is September 11, 2024. Record date is September 17, 2024. Payment date is September 25, 2024.すべての更新を表示Recent updatesお知らせ • May 08Persistence Resources Group Ltd to Report Q1, 2026 Results on Jun 01, 2026Persistence Resources Group Ltd announced that they will report Q1, 2026 results on Jun 01, 2026お知らせ • Mar 31Persistence Resources Group Ltd, Annual General Meeting, Jun 26, 2026Persistence Resources Group Ltd, Annual General Meeting, Jun 26, 2026.お知らせ • Mar 09Persistence Resources Group Ltd to Report Fiscal Year 2025 Results on Mar 31, 2026Persistence Resources Group Ltd announced that they will report fiscal year 2025 results on Mar 31, 2026Valuation Update With 7 Day Price Move • Feb 04Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to HK$1.18, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 20x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 52% over the past year.お知らせ • Jan 14Persistence Gold Group Ltd Appoints Chen Zhuping as Executive Director and Executive Vice President, Effective January 12, 2026The board of directors of Persistence Gold Group Ltd. announced that Mr. Chen Zhuping has been appointed as an executive director and executive vice president of the Company, with effect from 12 January 2026. Mr. Chen Zhuping ("Mr. Chen"), aged 51, is a member of the Communist Party of China and holds a doctoral degree, with qualifications as Chinese Certified Public Accountant, Chinese Certified Tax Agent and securities-related accounting professional, and he obtained a Bachelor's degree in Economics from Anhui University of Finance and Economics, a Master's degree in Public Administration from Peking University and a Doctor of Laws degree from Nanjing University, and was a visiting scholar at West Virginia University in the United States from 2007 to 2008. From 2001 to 2018, he held various positions in Shanghai Qingpu District, including deputy director of the Qingpu District audit bureau, director and deputy Party secretary of the Shanghai Qingpu District State-owned Assets Supervision and Administration Commission, mayor and deputy Party secretary of Qingpu District Zhonggu Town, and later member of the Qingpu District Party committee and Party secretary of Qingpu District Zhonggu Town. From 2018 to 2020, Mr. Chen served as senior vice president and then executive president of Guangwei Holdings Company Limited and chairman of Business Aviation Asia Limited, and since 2021 he has been the president of Shanghai Maipai Investment Co. Ltd. and, since August 2025, also the vice president of Shanghai Xiaocao Green Energy New Materials Co. Ltd. He has served as an advisor to the Company since May 2021. There is a service agreement between Mr. Chen and the Company, and his current appointment as an executive director and executive vice president of the Company is for a term of three years commencing from 12 January 2026. Mr. Chen is subject to retirement and re-election at the next following annual general meeting of the Company after his appointment and thereafter subject to retirement by rotation and re-election at least once in every three years in accordance with the articles of association of the Company.分析記事 • Jan 13Getting In Cheap On Persistence Resources Group Ltd (HKG:2489) Is UnlikelyPersistence Resources Group Ltd's ( HKG:2489 ) price-to-earnings (or "P/E") ratio of 25.8x might make it look like a...Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to HK$1.29, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 18x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 59% over the past year.Board Change • Dec 26High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Li Bei Chen was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Nov 03Persistence Resources Group Ltd to Report Q3, 2025 Results on Nov 28, 2025Persistence Resources Group Ltd announced that they will report Q3, 2025 results on Nov 28, 2025お知らせ • Oct 14Persistence Resources Group Ltd has completed a Follow-on Equity Offering in the amount of HKD 472 million.Persistence Resources Group Ltd has completed a Follow-on Equity Offering in the amount of HKD 472 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 400,000,000 Price\Range: HKD 1.18 Discount Per Security: HKD 0.02 Transaction Features: Subsequent Direct ListingNew Risk • Sep 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 12% 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 Dividend is not well covered by cash flows (100% cash payout ratio). Share price has been volatile over the past 3 months (12% average weekly change). Significant insider selling over the past 3 months (HK$13m sold).Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 36%After last week's 36% share price gain to HK$1.92, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 15x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 142% over the past year.Recent Insider Transactions • Sep 03Non-Executive Director recently sold HK$216k worth of stockOn the 1st of September, Li Bei Chen sold around 125k shares on-market at roughly HK$1.73 per share. This transaction amounted to less than 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. This was the only on-market transaction from insiders over the last 12 months.分析記事 • Sep 01Persistence Resources Group (HKG:2489) Is Due To Pay A Dividend Of CN¥0.03Persistence Resources Group Ltd's ( HKG:2489 ) investors are due to receive a payment of CN¥0.03 per share on 2nd of...New Risk • Sep 01New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 101% Dividend yield: 3.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Declared Dividend • Aug 31Dividend of HK$0.03 announcedShareholders will receive a dividend of HK$0.03. Ex-date: 10th September 2025 Payment date: 2nd October 2025 Dividend yield will be 2.0%, which is about the same as the industry average.お知らせ • Aug 15Persistence Resources Group Ltd to Report First Half, 2025 Results on Aug 29, 2025Persistence Resources Group Ltd announced that they will report first half, 2025 results on Aug 29, 2025分析記事 • Jul 16Persistence Resources Group's (HKG:2489) Returns On Capital Not Reflecting Well On The BusinessIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...Valuation Update With 7 Day Price Move • Jun 30Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to HK$1.56, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 10x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 146% over the past year.Buy Or Sell Opportunity • Jun 19Now 21% undervaluedOver the last 90 days, the stock has risen 124% to HK$1.86. The fair value is estimated to be HK$2.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last year, while earnings per share has been flat.Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improves as stock rises 26%After last week's 26% share price gain to HK$2.04, the stock trades at a trailing P/E ratio of 34.5x. Average trailing P/E is 9x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 199% over the past year.Reported Earnings • Jun 02First quarter 2025 earnings released: EPS: CN¥0.015 (vs CN¥0.02 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.015. Revenue: CN¥138.5m (up 27% from 1Q 2024). Net income: CN¥29.7m (up 14% from 1Q 2024). Profit margin: 21% (down from 24% in 1Q 2024). The decrease in margin was driven by higher expenses.分析記事 • May 26Earnings Not Telling The Story For Persistence Resources Group Ltd (HKG:2489) After Shares Rise 41%Despite an already strong run, Persistence Resources Group Ltd ( HKG:2489 ) shares have been powering on, with a gain...分析記事 • May 21A Look At The Fair Value Of Persistence Resources Group Ltd (HKG:2489)Key Insights The projected fair value for Persistence Resources Group is HK$1.60 based on 2 Stage Free Cash Flow to...Valuation Update With 7 Day Price Move • May 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to HK$1.52, the stock trades at a trailing P/E ratio of 26.7x. Average trailing P/E is 9x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 93% over the past year.お知らせ • May 20Persistence Resources Group Ltd to Report Q1, 2025 Results on May 30, 2025Persistence Resources Group Ltd announced that they will report Q1, 2025 results on May 30, 2025Buy Or Sell Opportunity • May 09Now 22% undervaluedOver the last 90 days, the stock has risen 56% to HK$1.23. The fair value is estimated to be HK$1.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has declined by 244%.分析記事 • Apr 24The Strong Earnings Posted By Persistence Resources Group (HKG:2489) Are A Good Indication Of The Strength Of The BusinessInvestors were underwhelmed by the solid earnings posted by Persistence Resources Group Ltd ( HKG:2489 ) recently. Our...Buy Or Sell Opportunity • Apr 17Now 21% undervaluedOver the last 90 days, the stock has risen 39% to HK$1.15. The fair value is estimated to be HK$1.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has declined by 244%.分析記事 • Apr 11Subdued Growth No Barrier To Persistence Resources Group Ltd (HKG:2489) With Shares Advancing 46%Persistence Resources Group Ltd ( HKG:2489 ) shareholders have had their patience rewarded with a 46% share price jump...New Risk • Apr 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 12% 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 41%After last week's 41% share price gain to HK$1.23, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 9x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 41% over the past year.Reported Earnings • Mar 30Full year 2024 earnings released: EPS: CN¥5.24 (vs CN¥0.043 in FY 2023)Full year 2024 results: EPS: CN¥5.24 (up from CN¥0.043 in FY 2023). Revenue: CN¥499.5m (up 30% from FY 2023). Net income: CN¥104.8m (up 61% from FY 2023). Profit margin: 21% (up from 17% in FY 2023). The increase in margin was driven by higher revenue.お知らせ • Mar 28Persistence Resources Group Ltd, Annual General Meeting, Jun 26, 2025Persistence Resources Group Ltd, Annual General Meeting, Jun 26, 2025.お知らせ • Mar 10Persistence Resources Group Ltd to Report Fiscal Year 2024 Results on Mar 28, 2025Persistence Resources Group Ltd announced that they will report fiscal year 2024 results on Mar 28, 2025分析記事 • Feb 19Earnings Not Telling The Story For Persistence Resources Group Ltd (HKG:2489)Persistence Resources Group Ltd's ( HKG:2489 ) price-to-earnings (or "P/E") ratio of 17.9x might make it look like a...お知らせ • Feb 04Persistence Resources Group Ltd Announces Resignation of Mr. Chen Shaohui as Executive Director, Effective from 5 February 2025Persistence Resources Group Ltd. announced Mr. Chen Shaohui ("Mr. Chen") has tendered his resignation as an executive Director of the Company with effect from 4 February 2025. Following his resignation, Mr. Chen has been appointed as a consultant of the Company with effect from 5 February 2025 for a period of two years.お知らせ • Jan 15Persistence Resources Group Ltd (SEHK:2489) completed the acquisition of an unknown stake in Yantai City Mujin Mining Company Limited.Persistence Resources Group Ltd (SEHK:2489) entered into a Share Purchase Agreement to acquire an unknown stake in Yantai City Mujin Mining Company Limited for CNY 29.4 million on November 25, 2024. In a related transaction, Persistence Resources Group Ltd (SEHK:2489) agreed to acquire stake in Yantai City Mujin Mining Company Limited for CNY 52.5 million through a capital increase. The total aggregate consideration to be paid for the said acquisition of 52% of Yantai City Mujin Mining Company Limited is CNY 81.9 million. The transaction is subject to approval by regulatory board / committee. The transaction will be financed through equity investment of CNY 81.9 million. Persistence Resources Group Ltd (SEHK:2489) completed the acquisition of an unknown stake in Yantai City Mujin Mining Company Limited on January 13, 2025. As of January 13, 2025 all conditions have been fulfilled.Reported Earnings • Nov 30Third quarter 2024 earnings released: EPS: CN¥0.014 (vs CN¥0.005 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.014 (up from CN¥0.005 in 3Q 2023). Revenue: CN¥128.7m (up 38% from 3Q 2023). Net income: CN¥28.3m (up 104% from 3Q 2023). Profit margin: 22% (up from 15% in 3Q 2023). The increase in margin was driven by higher revenue.分析記事 • Nov 26Persistence Resources Group (HKG:2489) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...お知らせ • Nov 26Majestic Gold Corp. (TSXV:MJS) entered into a Share Purchase Agreement to acquire an unknown stake in Yantai City Mujin Mining Company Limited for CNY 29.4 million.Majestic Gold Corp. (TSXV:MJS) entered into a Share Purchase Agreement to acquire an unknown stake in Yantai City Mujin Mining Company Limited for CNY 29.4 million on November 25, 2024. In a related transaction, Majestic Gold Corp. agreed to acquire stake in Yantai City Mujin Mining Company Limited for CNY 52.5 million through a capital increase. The total aggregate consideration to be paid for the said acquisition of 52% of Yantai City Mujin Mining Company Limited is CNY 81.9 million. The transaction is subject to approval by regulatory board / committee.お知らせ • Nov 11Persistence Resources Group Ltd to Report Nine Months, 2024 Results on Nov 29, 2024Persistence Resources Group Ltd announced that they will report nine months, 2024 results on Nov 29, 2024Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.012 (vs CN¥212 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.012. Revenue: CN¥126.9m (up 25% from 2Q 2023). Net income: CN¥31.1m (up 84% from 2Q 2023). Profit margin: 25% (up from 17% in 2Q 2023). The increase in margin was driven by higher revenue.お知らせ • Aug 30Persistence Resources Group Ltd Announces Ordinary Interim (Semi-Annual) Dividend for the Period Ended June 30, 2024, Payable on September 25, 2024Persistence Resources Group Ltd. announced ordinary Interim (Semi-annual) dividend is HKD 0.0295 per share for the period ended June 30, 2024. Ex-dividend date is September 11, 2024. Record date is September 17, 2024. Payment date is September 25, 2024.お知らせ • Aug 12Persistence Resources Group Ltd to Report First Half, 2024 Results on Aug 30, 2024Persistence Resources Group Ltd announced that they will report first half, 2024 results on Aug 30, 2024Buy Or Sell Opportunity • Jul 09Now 21% overvaluedOver the last 90 days, the stock has fallen 21% to HK$0.70. The fair value is estimated to be HK$0.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Earnings per share has grown by 37%.Board Change • Jun 28Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non Executive Director Jeff Malaihollo was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Jun 27Persistence Resources Group Ltd Appoints Chen Li Bei as A Non-Executive DirectorPersistence Resources Group Ltd. at its annual general meeting held on June 26, 2024, approved the appointment of Mr. Chen Li Bei as a non-executive director of the Company.Buy Or Sell Opportunity • Jun 13Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to HK$0.70. The fair value is estimated to be HK$0.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Earnings per share has grown by 37%.New Risk • May 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% 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 Revenue has declined by 8.4% over the past year. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).Buy Or Sell Opportunity • Apr 30Now 21% undervaluedOver the last 90 days, the stock has risen 39% to HK$0.78. The fair value is estimated to be HK$0.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has declined by 37%.New Risk • Apr 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% 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 Revenue has declined by 8.4% over the past year. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).Buy Or Sell Opportunity • Apr 15Now 20% undervaluedOver the last 90 days, the stock has risen 45% to HK$0.81. The fair value is estimated to be HK$1.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has declined by 37%.お知らせ • Mar 30Persistence Resources Group Ltd, Annual General Meeting, Jun 26, 2024Persistence Resources Group Ltd, Annual General Meeting, Jun 26, 2024.New Risk • Mar 29New major risk - Revenue and earnings growthRevenue has declined by 8.4% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 29Full year 2023 earnings released: EPS: CN¥0.04 (vs CN¥1,040 in FY 2022)Full year 2023 results: EPS: CN¥0.04 (down from CN¥1,040 in FY 2022). Revenue: CN¥383.5m (down 8.4% from FY 2022). Net income: CN¥65.0m (down 22% from FY 2022). Profit margin: 17% (down from 20% in FY 2022). The decrease in margin was driven by lower revenue.お知らせ • Mar 14Persistence Resources Group Ltd to Report Q4, 2023 Results on Mar 28, 2024Persistence Resources Group Ltd announced that they will report Q4, 2023 results on Mar 28, 2024Board Change • Jan 24High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non Executive Director Jeff Malaihollo was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Dec 23Persistence Resources Group Ltd has completed an IPO in the amount of HKD 275 million.Persistence Resources Group Ltd has completed an IPO in the amount of HKD 275 million. Security Name: Shares Security Type: Common Stock Securities Offered: 50,000,000 Price\Range: HKD 0.55 Discount Per Security: HKD 0.01925 Security Name: Shares Security Type: Common Stock Securities Offered: 252,000,000 Price\Range: HKD 0.55 Discount Per Security: HKD 0.01925 Security Name: Shares Security Type: Common Stock Securities Offered: 198,000,000 Price\Range: HKD 0.55 Discount Per Security: HKD 0.01925 Transaction Features: Regulation S決済の安定と成長配当データの取得安定した配当: 配当金の支払いは安定していますが、 2489が配当金を支払っている期間は 10 年未満です。増加する配当: 2489は2年間のみ配当金を支払っており、それ以降は支払額が減少しています。配当利回り対市場Persistence Resources Group 配当利回り対市場2489 配当利回りは市場と比べてどうか?セグメント配当利回り会社 (2489)3.1%市場下位25% (HK)2.7%市場トップ25% (HK)6.9%業界平均 (Metals and Mining)2.9%アナリスト予想 (2489) (最長3年)n/a注目すべき配当: 2489の配当金 ( 3.09% ) はHong Kong市場の配当金支払者の下位 25% ( 2.74% ) よりも高くなっています。高配当: 2489の配当金 ( 3.09% ) はHong Kong市場の配当金支払者の上位 25% ( 6.9% ) と比較すると低いです。株主への利益配当収益カバレッジ: 2489の配当金は、合理的な 配当性向 ( 50.8% ) により、利益によって賄われています。株主配当金キャッシュフローカバレッジ: 現在の現金配当性向( 78.2% )では、 2489の配当金はキャッシュフローによって賄われています。高配当企業の発掘7D1Y7D1Y7D1YHK 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日(UTC時間)企業分析2026/05/22 15:45終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Persistence Resources Group Ltd 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
分析記事 • Sep 01Persistence Resources Group (HKG:2489) Is Due To Pay A Dividend Of CN¥0.03Persistence Resources Group Ltd's ( HKG:2489 ) investors are due to receive a payment of CN¥0.03 per share on 2nd of...
Declared Dividend • Aug 31Dividend of HK$0.03 announcedShareholders will receive a dividend of HK$0.03. Ex-date: 10th September 2025 Payment date: 2nd October 2025 Dividend yield will be 2.0%, which is about the same as the industry average.
お知らせ • Aug 30Persistence Resources Group Ltd Announces Ordinary Interim (Semi-Annual) Dividend for the Period Ended June 30, 2024, Payable on September 25, 2024Persistence Resources Group Ltd. announced ordinary Interim (Semi-annual) dividend is HKD 0.0295 per share for the period ended June 30, 2024. Ex-dividend date is September 11, 2024. Record date is September 17, 2024. Payment date is September 25, 2024.
お知らせ • May 08Persistence Resources Group Ltd to Report Q1, 2026 Results on Jun 01, 2026Persistence Resources Group Ltd announced that they will report Q1, 2026 results on Jun 01, 2026
お知らせ • Mar 31Persistence Resources Group Ltd, Annual General Meeting, Jun 26, 2026Persistence Resources Group Ltd, Annual General Meeting, Jun 26, 2026.
お知らせ • Mar 09Persistence Resources Group Ltd to Report Fiscal Year 2025 Results on Mar 31, 2026Persistence Resources Group Ltd announced that they will report fiscal year 2025 results on Mar 31, 2026
Valuation Update With 7 Day Price Move • Feb 04Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to HK$1.18, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 20x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 52% over the past year.
お知らせ • Jan 14Persistence Gold Group Ltd Appoints Chen Zhuping as Executive Director and Executive Vice President, Effective January 12, 2026The board of directors of Persistence Gold Group Ltd. announced that Mr. Chen Zhuping has been appointed as an executive director and executive vice president of the Company, with effect from 12 January 2026. Mr. Chen Zhuping ("Mr. Chen"), aged 51, is a member of the Communist Party of China and holds a doctoral degree, with qualifications as Chinese Certified Public Accountant, Chinese Certified Tax Agent and securities-related accounting professional, and he obtained a Bachelor's degree in Economics from Anhui University of Finance and Economics, a Master's degree in Public Administration from Peking University and a Doctor of Laws degree from Nanjing University, and was a visiting scholar at West Virginia University in the United States from 2007 to 2008. From 2001 to 2018, he held various positions in Shanghai Qingpu District, including deputy director of the Qingpu District audit bureau, director and deputy Party secretary of the Shanghai Qingpu District State-owned Assets Supervision and Administration Commission, mayor and deputy Party secretary of Qingpu District Zhonggu Town, and later member of the Qingpu District Party committee and Party secretary of Qingpu District Zhonggu Town. From 2018 to 2020, Mr. Chen served as senior vice president and then executive president of Guangwei Holdings Company Limited and chairman of Business Aviation Asia Limited, and since 2021 he has been the president of Shanghai Maipai Investment Co. Ltd. and, since August 2025, also the vice president of Shanghai Xiaocao Green Energy New Materials Co. Ltd. He has served as an advisor to the Company since May 2021. There is a service agreement between Mr. Chen and the Company, and his current appointment as an executive director and executive vice president of the Company is for a term of three years commencing from 12 January 2026. Mr. Chen is subject to retirement and re-election at the next following annual general meeting of the Company after his appointment and thereafter subject to retirement by rotation and re-election at least once in every three years in accordance with the articles of association of the Company.
分析記事 • Jan 13Getting In Cheap On Persistence Resources Group Ltd (HKG:2489) Is UnlikelyPersistence Resources Group Ltd's ( HKG:2489 ) price-to-earnings (or "P/E") ratio of 25.8x might make it look like a...
Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to HK$1.29, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 18x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 59% over the past year.
Board Change • Dec 26High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Li Bei Chen was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 03Persistence Resources Group Ltd to Report Q3, 2025 Results on Nov 28, 2025Persistence Resources Group Ltd announced that they will report Q3, 2025 results on Nov 28, 2025
お知らせ • Oct 14Persistence Resources Group Ltd has completed a Follow-on Equity Offering in the amount of HKD 472 million.Persistence Resources Group Ltd has completed a Follow-on Equity Offering in the amount of HKD 472 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 400,000,000 Price\Range: HKD 1.18 Discount Per Security: HKD 0.02 Transaction Features: Subsequent Direct Listing
New Risk • Sep 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 12% 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 Dividend is not well covered by cash flows (100% cash payout ratio). Share price has been volatile over the past 3 months (12% average weekly change). Significant insider selling over the past 3 months (HK$13m sold).
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 36%After last week's 36% share price gain to HK$1.92, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 15x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 142% over the past year.
Recent Insider Transactions • Sep 03Non-Executive Director recently sold HK$216k worth of stockOn the 1st of September, Li Bei Chen sold around 125k shares on-market at roughly HK$1.73 per share. This transaction amounted to less than 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. This was the only on-market transaction from insiders over the last 12 months.
分析記事 • Sep 01Persistence Resources Group (HKG:2489) Is Due To Pay A Dividend Of CN¥0.03Persistence Resources Group Ltd's ( HKG:2489 ) investors are due to receive a payment of CN¥0.03 per share on 2nd of...
New Risk • Sep 01New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 101% Dividend yield: 3.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Declared Dividend • Aug 31Dividend of HK$0.03 announcedShareholders will receive a dividend of HK$0.03. Ex-date: 10th September 2025 Payment date: 2nd October 2025 Dividend yield will be 2.0%, which is about the same as the industry average.
お知らせ • Aug 15Persistence Resources Group Ltd to Report First Half, 2025 Results on Aug 29, 2025Persistence Resources Group Ltd announced that they will report first half, 2025 results on Aug 29, 2025
分析記事 • Jul 16Persistence Resources Group's (HKG:2489) Returns On Capital Not Reflecting Well On The BusinessIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
Valuation Update With 7 Day Price Move • Jun 30Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to HK$1.56, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 10x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 146% over the past year.
Buy Or Sell Opportunity • Jun 19Now 21% undervaluedOver the last 90 days, the stock has risen 124% to HK$1.86. The fair value is estimated to be HK$2.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last year, while earnings per share has been flat.
Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improves as stock rises 26%After last week's 26% share price gain to HK$2.04, the stock trades at a trailing P/E ratio of 34.5x. Average trailing P/E is 9x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 199% over the past year.
Reported Earnings • Jun 02First quarter 2025 earnings released: EPS: CN¥0.015 (vs CN¥0.02 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.015. Revenue: CN¥138.5m (up 27% from 1Q 2024). Net income: CN¥29.7m (up 14% from 1Q 2024). Profit margin: 21% (down from 24% in 1Q 2024). The decrease in margin was driven by higher expenses.
分析記事 • May 26Earnings Not Telling The Story For Persistence Resources Group Ltd (HKG:2489) After Shares Rise 41%Despite an already strong run, Persistence Resources Group Ltd ( HKG:2489 ) shares have been powering on, with a gain...
分析記事 • May 21A Look At The Fair Value Of Persistence Resources Group Ltd (HKG:2489)Key Insights The projected fair value for Persistence Resources Group is HK$1.60 based on 2 Stage Free Cash Flow to...
Valuation Update With 7 Day Price Move • May 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to HK$1.52, the stock trades at a trailing P/E ratio of 26.7x. Average trailing P/E is 9x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 93% over the past year.
お知らせ • May 20Persistence Resources Group Ltd to Report Q1, 2025 Results on May 30, 2025Persistence Resources Group Ltd announced that they will report Q1, 2025 results on May 30, 2025
Buy Or Sell Opportunity • May 09Now 22% undervaluedOver the last 90 days, the stock has risen 56% to HK$1.23. The fair value is estimated to be HK$1.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has declined by 244%.
分析記事 • Apr 24The Strong Earnings Posted By Persistence Resources Group (HKG:2489) Are A Good Indication Of The Strength Of The BusinessInvestors were underwhelmed by the solid earnings posted by Persistence Resources Group Ltd ( HKG:2489 ) recently. Our...
Buy Or Sell Opportunity • Apr 17Now 21% undervaluedOver the last 90 days, the stock has risen 39% to HK$1.15. The fair value is estimated to be HK$1.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has declined by 244%.
分析記事 • Apr 11Subdued Growth No Barrier To Persistence Resources Group Ltd (HKG:2489) With Shares Advancing 46%Persistence Resources Group Ltd ( HKG:2489 ) shareholders have had their patience rewarded with a 46% share price jump...
New Risk • Apr 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 12% 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 41%After last week's 41% share price gain to HK$1.23, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 9x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 41% over the past year.
Reported Earnings • Mar 30Full year 2024 earnings released: EPS: CN¥5.24 (vs CN¥0.043 in FY 2023)Full year 2024 results: EPS: CN¥5.24 (up from CN¥0.043 in FY 2023). Revenue: CN¥499.5m (up 30% from FY 2023). Net income: CN¥104.8m (up 61% from FY 2023). Profit margin: 21% (up from 17% in FY 2023). The increase in margin was driven by higher revenue.
お知らせ • Mar 28Persistence Resources Group Ltd, Annual General Meeting, Jun 26, 2025Persistence Resources Group Ltd, Annual General Meeting, Jun 26, 2025.
お知らせ • Mar 10Persistence Resources Group Ltd to Report Fiscal Year 2024 Results on Mar 28, 2025Persistence Resources Group Ltd announced that they will report fiscal year 2024 results on Mar 28, 2025
分析記事 • Feb 19Earnings Not Telling The Story For Persistence Resources Group Ltd (HKG:2489)Persistence Resources Group Ltd's ( HKG:2489 ) price-to-earnings (or "P/E") ratio of 17.9x might make it look like a...
お知らせ • Feb 04Persistence Resources Group Ltd Announces Resignation of Mr. Chen Shaohui as Executive Director, Effective from 5 February 2025Persistence Resources Group Ltd. announced Mr. Chen Shaohui ("Mr. Chen") has tendered his resignation as an executive Director of the Company with effect from 4 February 2025. Following his resignation, Mr. Chen has been appointed as a consultant of the Company with effect from 5 February 2025 for a period of two years.
お知らせ • Jan 15Persistence Resources Group Ltd (SEHK:2489) completed the acquisition of an unknown stake in Yantai City Mujin Mining Company Limited.Persistence Resources Group Ltd (SEHK:2489) entered into a Share Purchase Agreement to acquire an unknown stake in Yantai City Mujin Mining Company Limited for CNY 29.4 million on November 25, 2024. In a related transaction, Persistence Resources Group Ltd (SEHK:2489) agreed to acquire stake in Yantai City Mujin Mining Company Limited for CNY 52.5 million through a capital increase. The total aggregate consideration to be paid for the said acquisition of 52% of Yantai City Mujin Mining Company Limited is CNY 81.9 million. The transaction is subject to approval by regulatory board / committee. The transaction will be financed through equity investment of CNY 81.9 million. Persistence Resources Group Ltd (SEHK:2489) completed the acquisition of an unknown stake in Yantai City Mujin Mining Company Limited on January 13, 2025. As of January 13, 2025 all conditions have been fulfilled.
Reported Earnings • Nov 30Third quarter 2024 earnings released: EPS: CN¥0.014 (vs CN¥0.005 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.014 (up from CN¥0.005 in 3Q 2023). Revenue: CN¥128.7m (up 38% from 3Q 2023). Net income: CN¥28.3m (up 104% from 3Q 2023). Profit margin: 22% (up from 15% in 3Q 2023). The increase in margin was driven by higher revenue.
分析記事 • Nov 26Persistence Resources Group (HKG:2489) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
お知らせ • Nov 26Majestic Gold Corp. (TSXV:MJS) entered into a Share Purchase Agreement to acquire an unknown stake in Yantai City Mujin Mining Company Limited for CNY 29.4 million.Majestic Gold Corp. (TSXV:MJS) entered into a Share Purchase Agreement to acquire an unknown stake in Yantai City Mujin Mining Company Limited for CNY 29.4 million on November 25, 2024. In a related transaction, Majestic Gold Corp. agreed to acquire stake in Yantai City Mujin Mining Company Limited for CNY 52.5 million through a capital increase. The total aggregate consideration to be paid for the said acquisition of 52% of Yantai City Mujin Mining Company Limited is CNY 81.9 million. The transaction is subject to approval by regulatory board / committee.
お知らせ • Nov 11Persistence Resources Group Ltd to Report Nine Months, 2024 Results on Nov 29, 2024Persistence Resources Group Ltd announced that they will report nine months, 2024 results on Nov 29, 2024
Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.012 (vs CN¥212 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.012. Revenue: CN¥126.9m (up 25% from 2Q 2023). Net income: CN¥31.1m (up 84% from 2Q 2023). Profit margin: 25% (up from 17% in 2Q 2023). The increase in margin was driven by higher revenue.
お知らせ • Aug 30Persistence Resources Group Ltd Announces Ordinary Interim (Semi-Annual) Dividend for the Period Ended June 30, 2024, Payable on September 25, 2024Persistence Resources Group Ltd. announced ordinary Interim (Semi-annual) dividend is HKD 0.0295 per share for the period ended June 30, 2024. Ex-dividend date is September 11, 2024. Record date is September 17, 2024. Payment date is September 25, 2024.
お知らせ • Aug 12Persistence Resources Group Ltd to Report First Half, 2024 Results on Aug 30, 2024Persistence Resources Group Ltd announced that they will report first half, 2024 results on Aug 30, 2024
Buy Or Sell Opportunity • Jul 09Now 21% overvaluedOver the last 90 days, the stock has fallen 21% to HK$0.70. The fair value is estimated to be HK$0.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Earnings per share has grown by 37%.
Board Change • Jun 28Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non Executive Director Jeff Malaihollo was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Jun 27Persistence Resources Group Ltd Appoints Chen Li Bei as A Non-Executive DirectorPersistence Resources Group Ltd. at its annual general meeting held on June 26, 2024, approved the appointment of Mr. Chen Li Bei as a non-executive director of the Company.
Buy Or Sell Opportunity • Jun 13Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to HK$0.70. The fair value is estimated to be HK$0.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Earnings per share has grown by 37%.
New Risk • May 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% 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 Revenue has declined by 8.4% over the past year. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).
Buy Or Sell Opportunity • Apr 30Now 21% undervaluedOver the last 90 days, the stock has risen 39% to HK$0.78. The fair value is estimated to be HK$0.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has declined by 37%.
New Risk • Apr 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% 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 Revenue has declined by 8.4% over the past year. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).
Buy Or Sell Opportunity • Apr 15Now 20% undervaluedOver the last 90 days, the stock has risen 45% to HK$0.81. The fair value is estimated to be HK$1.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has declined by 37%.
お知らせ • Mar 30Persistence Resources Group Ltd, Annual General Meeting, Jun 26, 2024Persistence Resources Group Ltd, Annual General Meeting, Jun 26, 2024.
New Risk • Mar 29New major risk - Revenue and earnings growthRevenue has declined by 8.4% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 29Full year 2023 earnings released: EPS: CN¥0.04 (vs CN¥1,040 in FY 2022)Full year 2023 results: EPS: CN¥0.04 (down from CN¥1,040 in FY 2022). Revenue: CN¥383.5m (down 8.4% from FY 2022). Net income: CN¥65.0m (down 22% from FY 2022). Profit margin: 17% (down from 20% in FY 2022). The decrease in margin was driven by lower revenue.
お知らせ • Mar 14Persistence Resources Group Ltd to Report Q4, 2023 Results on Mar 28, 2024Persistence Resources Group Ltd announced that they will report Q4, 2023 results on Mar 28, 2024
Board Change • Jan 24High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non Executive Director Jeff Malaihollo was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 23Persistence Resources Group Ltd has completed an IPO in the amount of HKD 275 million.Persistence Resources Group Ltd has completed an IPO in the amount of HKD 275 million. Security Name: Shares Security Type: Common Stock Securities Offered: 50,000,000 Price\Range: HKD 0.55 Discount Per Security: HKD 0.01925 Security Name: Shares Security Type: Common Stock Securities Offered: 252,000,000 Price\Range: HKD 0.55 Discount Per Security: HKD 0.01925 Security Name: Shares Security Type: Common Stock Securities Offered: 198,000,000 Price\Range: HKD 0.55 Discount Per Security: HKD 0.01925 Transaction Features: Regulation S