Board Change • May 20
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. 9 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Independent Director Liangsuo Li was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Apr 30
Shanghai Suochen Information Technology Co.,Ltd., Annual General Meeting, May 22, 2026 Shanghai Suochen Information Technology Co.,Ltd., Annual General Meeting, May 22, 2026, at 14:30 China Standard Time. Location: 9F, No. 138, Huaihai Middle Road, Huangpu District, Shanghai China 공시 • Mar 30
Shanghai Suochen Information Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Shanghai Suochen Information Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 공시 • Dec 26
Shanghai Suochen Information Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Shanghai Suochen Information Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 공시 • Sep 30
Shanghai Suochen Information Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Shanghai Suochen Information Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 공시 • Jun 30
Shanghai Suochen Information Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Shanghai Suochen Information Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 공시 • Apr 22
Shanghai Suochen Information Technology Co.,Ltd., Annual General Meeting, May 12, 2025 Shanghai Suochen Information Technology Co.,Ltd., Annual General Meeting, May 12, 2025, at 14:30 China Standard Time. Location: 51F, K11, No. 300, Huaihai Middle Road, Huangpu District, Shanghai China 공시 • Mar 28
Shanghai Suochen Information Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 22, 2025 Shanghai Suochen Information Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 22, 2025 공시 • Dec 27
Shanghai Suochen Information Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025 Shanghai Suochen Information Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.048 loss per share (vs CN¥0.056 loss in 3Q 2023) Third quarter 2024 results: CN¥0.048 loss per share (improved from CN¥0.056 loss in 3Q 2023). Revenue: CN¥31.1m (flat on 3Q 2023). Net loss: CN¥4.22m (loss narrowed 17% from 3Q 2023). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in China. New Risk • Sep 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.5% 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: Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.6% net profit margin). 공시 • Sep 30
Shanghai Suochen Information Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Shanghai Suochen Information Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released: CN¥0.51 loss per share (vs CN¥0.15 loss in 2Q 2023) Second quarter 2024 results: CN¥0.51 loss per share (further deteriorated from CN¥0.15 loss in 2Q 2023). Revenue: CN¥19.9m (up 39% from 2Q 2023). Net loss: CN¥45.2m (loss widened 260% from 2Q 2023). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. 공시 • Jun 29
Shanghai Suochen Information Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Shanghai Suochen Information Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 공시 • Feb 07
Shanghai Suochen Information Technology Co.,Ltd. (SHSE:688507) announces an Equity Buyback for CNY 40 million worth of its shares. Shanghai Suochen Information Technology Co.,Ltd. (SHSE:688507) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its shares. The repurchase price will not be more than CNY 170 per share. The repurchased shares will be used for ESOP or equity incentives. The repurchase period will be not more than 12 months.