Reported Earnings • Apr 29
Full year 2025 earnings released: CN¥0.82 loss per share (vs CN¥1.05 loss in FY 2024) Full year 2025 results: CN¥0.82 loss per share (improved from CN¥1.05 loss in FY 2024). Revenue: CN¥2.50b (up 34% from FY 2024). Net loss: CN¥1.31b (loss narrowed 22% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Announcement • Apr 29
Addsino Co., Ltd., Annual General Meeting, May 20, 2026 Addsino Co., Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China Announcement • Mar 31
Addsino Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Addsino Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 31
Addsino Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Addsino Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 New Risk • Nov 19
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 7.4% 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 Earnings have declined by 66% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change). Buy Or Sell Opportunity • Nov 19
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 45% to CN¥12.53. The fair value is estimated to be CN¥9.88, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 25% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Oct 28
Third quarter 2025 earnings released: CN¥0.07 loss per share (vs CN¥0.12 loss in 3Q 2024) Third quarter 2025 results: CN¥0.07 loss per share (improved from CN¥0.12 loss in 3Q 2024). Revenue: CN¥1.01b (up 209% from 3Q 2024). Net loss: CN¥110.5m (loss narrowed 43% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Addsino Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Addsino Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Reported Earnings • Aug 23
Second quarter 2025 earnings released: CN¥0.13 loss per share (vs CN¥0.12 loss in 2Q 2024) Second quarter 2025 results: CN¥0.13 loss per share (further deteriorated from CN¥0.12 loss in 2Q 2024). Revenue: CN¥399.4m (down 7.4% from 2Q 2024). Net loss: CN¥197.3m (loss widened 4.7% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Announcement • Aug 22
Addsino Co., Ltd. Elects Zhang Mei as an Independent Director and Wang Qiang as A Non-Independent Director Addsino Co., Ltd. at the Extraordinary General Meeting of 2025 on 20 August 2025 approved election of Zhang Mei as an independent director; Election of Wang Qiang as a non-independent director. Announcement • Jul 02
Addsino Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Addsino Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Announcement • May 13
Addsino Co., Ltd. Approves Board Appointments, Effective 09 May 2025 Addsino Co., Ltd. at its Annual General Meeting held on 09 May 2025, approved election of Zou Zhiwen and Xu Lianchun as independent directors. Reported Earnings • Apr 23
Full year 2024 earnings released: CN¥1.05 loss per share (vs CN¥1.22 loss in FY 2023) Full year 2024 results: CN¥1.05 loss per share (improved from CN¥1.22 loss in FY 2023). Revenue: CN¥1.87b (flat on FY 2023). Net loss: CN¥1.67b (loss narrowed 14% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Announcement • Apr 20
Addsino Co., Ltd., Annual General Meeting, May 09, 2025 Addsino Co., Ltd., Annual General Meeting, May 09, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China Announcement • Mar 31
Addsino Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Addsino Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 31
Addsino Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Addsino Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.12 loss per share (vs CN¥0.12 loss in 3Q 2023) Third quarter 2024 results: CN¥0.12 loss per share (in line with 3Q 2023). Revenue: CN¥326.0m (down 21% from 3Q 2023). Net loss: CN¥194.3m (loss narrowed 2.1% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. 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 7.1% 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 Earnings have declined by 63% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change). Announcement • Sep 30
Addsino Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Addsino Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: CN¥0.12 loss per share (vs CN¥0.14 loss in 2Q 2023) Second quarter 2024 results: CN¥0.12 loss per share (improved from CN¥0.14 loss in 2Q 2023). Revenue: CN¥431.1m (down 29% from 2Q 2023). Net loss: CN¥188.4m (loss narrowed 14% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Announcement • Jun 29
Addsino Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Addsino Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Reported Earnings • May 01
First quarter 2024 earnings released: CN¥0.11 loss per share (vs CN¥0.07 loss in 1Q 2023) First quarter 2024 results: CN¥0.11 loss per share (further deteriorated from CN¥0.07 loss in 1Q 2023). Revenue: CN¥433.1m (down 20% from 1Q 2023). Net loss: CN¥175.2m (loss widened 52% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. New Risk • Apr 12
New major risk - Revenue and earnings growth Earnings have declined by 27% per year over the past 5 years. 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 profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings 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. Announcement • Mar 30
Addsino Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Addsino Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Announcement • Dec 30
Addsino Co., Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024 Addsino Co., Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024 Reported Earnings • Nov 02
Third quarter 2023 earnings released: CN¥0.12 loss per share (vs CN¥0.006 profit in 3Q 2022) Third quarter 2023 results: CN¥0.12 loss per share (down from CN¥0.006 profit in 3Q 2022). Revenue: CN¥411.9m (down 32% from 3Q 2022). Net loss: CN¥198.5m (down CN¥210.3m from profit in 3Q 2022). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Addsino Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023 Addsino Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023 Announcement • Sep 29
Addsino Co., Ltd. Approves Election of Wang Qingli as A Director Addsino Co., Ltd. at its 1st Extraordinary General Meeting of 2023 on 27 September 2023 approved the Election of Wang Qingli as a director. Reported Earnings • Aug 31
Second quarter 2023 earnings released: CN¥0.14 loss per share (vs CN¥0.018 profit in 2Q 2022) Second quarter 2023 results: CN¥0.14 loss per share (down from CN¥0.018 profit in 2Q 2022). Revenue: CN¥609.6m (down 29% from 2Q 2022). Net loss: CN¥220.1m (down CN¥247.3m from profit in 2Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 39 percentage points per year, which is a significant difference in performance. Announcement • Jun 27
Addsino Co., Ltd. Announces Final Profit Distribution Plan on Share A for 2022, Payable on 30 June 2023 Addsino Co., Ltd. announced final profit distribution plan of cash dividend/10 shares (tax included) of CNY 0.35114200 on share A for 2022. Record date: 29 June 2023. Ex-date: 30 June 2023. Payment date: 30 June 2023. Announcement • May 27
Addsino Co., Ltd., Annual General Meeting, Jun 16, 2023 Addsino Co., Ltd., Annual General Meeting, Jun 16, 2023, at 14:30 China Standard Time. Agenda: To discuss 2022 work report of the board of directors; to discuss 2022 work report of the supervisory committee; to discuss 2023 financial budget report; to discuss 2022 annual accounts; to discuss 2022 profit distribution plan; to discuss 2022 annual report and its summary; to discuss 2023 project investment plan; and to discuss 2023 estimated continuing connected transactions. Reported Earnings • Apr 23
Full year 2022 earnings released: EPS: CN¥0.02 (vs CN¥0.40 in FY 2021) Full year 2022 results: EPS: CN¥0.02 (down from CN¥0.40 in FY 2021). Revenue: CN¥3.46b (down 17% from FY 2021). Net income: CN¥34.7m (down 95% from FY 2021). Profit margin: 1.0% (down from 16% in FY 2021). Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. 1 highly experienced director. 4 independent directors (5 non-independent directors). Director Gaolu Zhang is the most experienced director on the board, commencing their role in 2006. Non-Independent Director Yumin Wang 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. Lack of board continuity. Lack of experienced directors. Announcement • Nov 08
Addsino Co., Ltd. Announces Executive Elections Addsino Co., Ltd. elected Hu Qingrong and Wang Yumin as non-independent directors and He Honghua and Wang Xiaoqin as supervisors, at its EGM held on November 4, 2022. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.006 (vs CN¥0.081 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.006 (down from CN¥0.081 in 3Q 2021). Revenue: CN¥605.9m (down 39% from 3Q 2021). Net income: CN¥11.8m (down 91% from 3Q 2021). Profit margin: 1.9% (down from 14% in 3Q 2021). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. 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 2% per year, which means it is well ahead of earnings. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.018 (vs CN¥0.08 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.018 (down from CN¥0.08 in 2Q 2021). Revenue: CN¥856.9m (down 33% from 2Q 2021). Net income: CN¥27.2m (down 79% from 2Q 2021). Profit margin: 3.2% (down from 9.9% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 43%, compared to a 30% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥13.82, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 25x in the Communications industry in China. Total returns to shareholders of 46% over the past three years. Announcement • Jun 25
Addsino Co., Ltd. Announces Final Profit Distribution Plan on Share A for 2021, Payable on July 1, 2022 Addsino Co., Ltd. announced final profit distribution plan of cash dividend/10 shares (tax included) of CNY 0.24000000 on share A for 2021. Record date: 30 June 2022, Ex-date: 01 July 2022 and Payable on July 1, 2022. Valuation Update With 7 Day Price Move • May 30
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥11.38, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 22x in the Communications industry in China. Total returns to shareholders of 19% over the past three years. Announcement • May 28
Addsino Co., Ltd., Annual General Meeting, Jun 15, 2022 Addsino Co., Ltd., Annual General Meeting, Jun 15, 2022, at 14:30 China Standard Time. Agenda: To consider 2022 estimated continuing connected transactions;to consider 2021 work report of the board of directors;to consider 2021 work report of the supervisory committee;to consider 2021 annual accounts;to consider 2021 profit distribution plan;to consider 2021 annual report and its summary;to consider Change of the purpose of some raised funds from the 2011 non-public share offering and permanently supplementing the working capital with surplus raised funds;to consider 2022 investment plan;to consider Statement on unfulfilled performance commitment on a company and the compensation plan;to consider the financial cooperation agreement to be signed with a company;to consider election of Liang Dongyu as a director;to consider election of Tian Jiangquan as a director;and to consider other matters. Announcement • Apr 27
Addsino Co., Ltd. Proposes Final Cash Dividend for 2021 Addsino Co., Ltd. proposed final cash dividend of CNY 0.24000000 per 10 shares (tax included) for 2021. Reported Earnings • Apr 27
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.40 (down from CN¥0.50 in FY 2020). Revenue: CN¥4.14b (down 6.6% from FY 2020). Net income: CN¥644.2m (down 20% from FY 2020). Profit margin: 16% (down from 18% in FY 2020). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 14%. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Shuli Ye was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 29
Addsino Co., Ltd. to Report Fiscal Year 2021 Results on Apr 26, 2022 Addsino Co., Ltd. announced that they will report fiscal year 2021 results on Apr 26, 2022 Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥12.09, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 45x in the Communications industry in China. Total returns to shareholders of 8.8% over the past three years. Announcement • Dec 23
Addsino Co., Ltd. (SZSE:000547) agreed to acquire 69% stake in Chongqing Jinmei Communication Co., Ltd. from China Aerospace Xintong Technology Co., Ltd. for CNY 1.26 billion. Addsino Co., Ltd. (SZSE:000547) agreed to acquire 69% stake in Chongqing Jinmei Communication Co., Ltd. from China Aerospace Xintong Technology Co., Ltd. for CNY 1.26 billion on December 20, 2021. The deal is subject to approval from Addsino Co., Ltd. (SZSE:000547) board. As of December 20, 2021 Addsino Co., Ltd. (SZSE:000547) board approved the deal. Reported Earnings • Nov 01
Third quarter 2021 earnings released: EPS CN¥0.081 (vs CN¥0.07 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥985.2m (up 4.1% from 3Q 2020). Net income: CN¥136.3m (up 29% from 3Q 2020). Profit margin: 14% (up from 11% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 26% per year. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment deteriorated over the past week After last week's 30% share price decline to CN¥16.08, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 31x in the Communications industry in China. Total returns to shareholders of 92% over the past three years. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS CN¥0.08 (vs CN¥0.11 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥1.28b (up 9.7% from 2Q 2020). Net income: CN¥126.9m (down 33% from 2Q 2020). Profit margin: 9.9% (down from 16% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥22.93, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 32x in the Communications industry in China. Total returns to shareholders of 216% over the past three years. Announcement • May 21
Addsino Co., Ltd. Approves Cash Dividend for the Year 2020 Addsino Co., Ltd. at its AGM held on May 19, 2021, approved the cash dividend/10 shares (tax included): CNY 0.35000000 for the year 2020. Announcement • Apr 29
Addsino Co., Ltd. Announces Profit Distribution Proposal for 2020 Addsino Co., Ltd. announced on 28 April 2021 the profit distribution proposal for 2020 as follows: Cash dividend of CNY 0.35000000 per 10 shares (tax included). Reported Earnings • Apr 17
Full year 2020 earnings released: EPS CN¥0.50 (vs CN¥0.42 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥4.44b (up 9.8% from FY 2019). Net income: CN¥807.8m (up 20% from FY 2019). Profit margin: 18% (up from 17% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥17.16, the stock is trading at a trailing P/E ratio of 34.9x, down from the previous P/E ratio of 41.3x. This compares to an average P/E of 54x in the Communications industry in China. Total returns to shareholders over the past year are 23%. Is New 90 Day High Low • Feb 17
New 90-day low: CN¥20.10 The company is down 4.0% from its price of CN¥21.00 on 19 November 2020. The Chinese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is down 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.46 per share. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment deteriorated over the past week After last week's 20% share price decline to CN¥20.80, the stock is trading at a trailing P/E ratio of 42.3x, down from the previous P/E ratio of 52.6x. This compares to an average P/E of 50x in the Communications industry in China. Total returns to shareholders over the past year are 60%. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥26.18, the stock is trading at a trailing P/E ratio of 53.3x, down from the previous P/E ratio of 63x. This compares to an average P/E of 53x in the Communications industry in China. Total returns to shareholders over the past year are 119%. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥29.88, the stock is trading at a trailing P/E ratio of 60.8x, up from the previous P/E ratio of 52.2x. This compares to an average P/E of 57x in the Communications industry in China. Total returns to shareholders over the past year are 176%. Is New 90 Day High Low • Dec 18
New 90-day high: CN¥23.73 The company is up 21% from its price of CN¥19.64 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.43 per share. Reported Earnings • Oct 26
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥785.5m, up 46% from the prior year. Total revenue was CN¥4.57b over the last 12 months, up 7.8% from the prior year. Announcement • Oct 19
Addsino Co., Ltd. to Report Q3, 2020 Results on Oct 26, 2020 Addsino Co., Ltd. announced that they will report Q3, 2020 results on Oct 26, 2020 Is New 90 Day High Low • Oct 13
New 90-day high: CN¥23.49 The company is up 37% from its price of CN¥17.10 on 15 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.26 per share. Announcement • Sep 22
Tong Jianxun and a Xinjiang-based investment company acquired 11.68% stake in ChinaScholars Group Co., Ltd. (SZSE:000547). Tong Jianxun and a Xinjiang-based investment company acquired 11.68% stake in ChinaScholars Group Co., Ltd. (SZSE:000547) on October 26, 2013. Under the terms of agreement, Tong Jianxun acquired 63.2 million shares and Xinjiang-based company acquired additional 41.2 million shares increasing the stake to 79.04 million shares i.e. 8.83% stake.
Tong Jianxun and a Xinjiang-based investment company completed the acquisition of 11.68% stake in ChinaScholars Group Co., Ltd. (SZSE:000547) on October 26, 2013. Announcement • Aug 12
Addsino Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Addsino Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020