공시 • May 19
Elong Power Holding Limited has completed a Composite Units Offering in the amount of $6.00015 million. Elong Power Holding Limited has completed a Composite Units Offering in the amount of $6.00015 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 1,631,250
Price\Range: $1.3
Discount Per Security: $0.091
Security Name: Pre-Funded Units
Security Type: Equity/Derivative Unit
Securities Offered: 2,984,250
Price\Range: $1.299
Discount Per Security: $0.091 Reported Earnings • Apr 21
Full year 2025 earnings released: US$0.054 loss per share (vs US$653 loss in FY 2024) Full year 2025 results: US$0.054 loss per share (improved from US$653 loss in FY 2024). Net loss: US$2.10m (loss narrowed 93% from FY 2024). Board Change • Apr 02
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. No highly experienced directors. CEO & Chairwoman of Board Xiaodan Liu is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공시 • Feb 27
Elong Power Holding Limited has completed a Composite Units Offering in the amount of $7.01127 million. Elong Power Holding Limited has completed a Composite Units Offering in the amount of $7.01127 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 21,700,000
Price\Range: $0.3231
Discount Per Security: $0.022617 공시 • Feb 03
Elong Power Holding Limited has completed a Composite Units Offering in the amount of $7.584 million. Elong Power Holding Limited has completed a Composite Units Offering in the amount of $7.584 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 2,400,000
Price\Range: $3.16
Discount Per Security: $0.2528 공시 • Nov 05
Elong Power Holding Limited, Annual General Meeting, Nov 24, 2025 Elong Power Holding Limited, Annual General Meeting, Nov 24, 2025, at 10:00 China Standard Time. Location: 3 yan jing li zhong jie,jiatai international plaza, block b, room 2110, beijing, china 100025, China 공시 • Jun 24
Elong Power Holding Limited Announces Board Changes On June 20, 2025, Jingdong Qu resigned from his position as Executive Director of Elong Power Holding Limited (Company). Mr. Qu’s resignation was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. On June 23, 2025, the company’s board of directors appointed Zhaohui Yang as Executive Director, to fill the vacancy left by Mr. Qu’s resignation. Mr. Yang has served as the chairman of Beijing Minsheng New Hui Investment Management Co. Ltd. since September 2014. Mr. Yang’s experience prior to New Hui Investment includes service as President of a private venture investment fund, as Director of Beijing Business Headquarters of Century Securities, as Deputy General Manager of Shandong Hui Zhong Asset Management Co. Ltd., and as a clerk at the Finance Bureau of Zaozhuang City, Shandong Province. Mr. Yang received a master’s degree in political economy from Shandong University and received an EMBA degree from Yangtze Business School. Mr. Yang has more than 30 years of experience in entrepreneurship, management and investment, and is an influential investor in China. 공시 • May 01
Elong Power Holding Limited announced delayed 20-F filing On 04/30/2025, Elong Power Holding Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. 공시 • Apr 19
Elong Power Holding Limited Provides Update on the Previously Disclosed Outstanding Legal Proceeding On April 17, 2025, Elong Power Holding Limited provided an update on the previously disclosed outstanding legal proceedings to which it is party: Background: As previously disclosed, in 2021, a user of the Company’s products filed a lawsuit in Xianning, Hubei Province against one of the Company’s customers (as first defendant) and the Company (as the second defendant). On May 19, 2022, the Company was ordered by the court to pay RMB 7,459,000 (USD 1.2 million) (the ‘Initial Amount’) and RMB 1,000 (USD 145) per day per vehicle from March 1, 2022 until all vehicles are in normal operation, for an estimated aggregate amount of approximately RMB 39,000,000 (USD 5.4 million) (the ‘Additional Amount’). The Company accrued a liability for the Initial Amount during the year ended December 31, 2021. As of May 24, 2024, the date that the Company’s most recent consolidated financial statements were issued (the ‘Financial Statement Date’), a loss for the Additional Amount was not accrued based on the Company’s assessment that this loss contingency was reasonably possible, but not probable, according to ASC 450-20-50-5. Update: Certain shareholders have been added as parties subject to enforcement for the Initial Amount, and as such they may be responsible for paying a portion of this amount. A request by these shareholders to be excluded from enforcement was rejected by the court. The Company has filed an objection to enforcement against the opposing party, and a hearing was held on April 3, 2025; no ruling on this objection has been issued as of the date of this report. Regarding the Additional Amount, the parties are still in negotiation. The Company withdrew its previous appeal against the entire case and is preparing to appeal against the Additional Amount. 