Buy Or Sell Opportunity • Jun 01
Now 21% undervalued Over the last 90 days, the stock has risen 59% to CN¥45.43. The fair value is estimated to be CN¥57.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 39% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Apr 30
Full year 2025 earnings released: CN¥1.44 loss per share (vs CN¥0.83 loss in FY 2024) Full year 2025 results: CN¥1.44 loss per share (further deteriorated from CN¥0.83 loss in FY 2024). Revenue: CN¥1.01b (down 30% from FY 2024). Net loss: CN¥200.4m (loss widened 73% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Announcement • Apr 29
Hangzhou Anysoft Information Technology Co., Ltd., Annual General Meeting, May 20, 2026 Hangzhou Anysoft Information Technology Co., Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Announcement • Mar 31
Hangzhou Anysoft Information Technology Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Hangzhou Anysoft Information Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 New Risk • Mar 18
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 9.0% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 64% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.0% average weekly change). Announcement • Dec 31
Hangzhou Anysoft Information Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Hangzhou Anysoft Information Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: CN¥0.037 loss per share (vs CN¥0.02 profit in 3Q 2024) Third quarter 2025 results: CN¥0.037 loss per share (down from CN¥0.02 profit in 3Q 2024). Revenue: CN¥272.0m (down 40% from 3Q 2024). Net loss: CN¥5.67m (down 294% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Hangzhou Anysoft Information Technology Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Hangzhou Anysoft Information Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Announcement • Jul 02
Hangzhou Anysoft Information Technology Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Hangzhou Anysoft Information Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Reported Earnings • May 03
Full year 2024 earnings released: CN¥0.83 loss per share (vs CN¥0.28 loss in FY 2023) Full year 2024 results: CN¥0.83 loss per share (further deteriorated from CN¥0.28 loss in FY 2023). Revenue: CN¥1.44b (down 25% from FY 2023). Net loss: CN¥116.0m (loss widened 199% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance. Announcement • Apr 29
Hangzhou Anysoft Information Technology Co., Ltd., Annual General Meeting, May 19, 2025 Hangzhou Anysoft Information Technology Co., Ltd., Annual General Meeting, May 19, 2025, at 14:00 China Standard Time. Announcement • Mar 31
Hangzhou Anysoft Information Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Hangzhou Anysoft Information Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Board Change • Mar 01
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. 3 highly experienced directors. Non-Independent Chairman of the Board & GM Qing Guo is the most experienced director on the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Feb 11
Hangzhou Anysoft Information Technology Co., Ltd. Announces Board Elections Hangzhou Anysoft Information Technology Co., Ltd. elects Pan Aibin as non-independent director, Jin Xiaogang as independent director and Wu Haiyan as non-employee supervisor, at its EGM held on 07 February 2025. New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company. Announcement • Dec 31
Hangzhou Anysoft Information Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Hangzhou Anysoft Information Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.025 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.02 (down from CN¥0.025 in 3Q 2023). Revenue: CN¥452.5m (down 1.1% from 3Q 2023). Net income: CN¥2.92m (down 26% from 3Q 2023). Profit margin: 0.6% (down from 0.9% in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Hangzhou Anysoft Information Technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Hangzhou Anysoft Information Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.002 (vs CN¥0.003 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.002 (down from CN¥0.003 in 2Q 2023). Revenue: CN¥177.5m (down 74% from 2Q 2023). Net income: CN¥319.2k (down 8.4% from 2Q 2023). Profit margin: 0.2% (up from 0.1% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Announcement • Jun 29
Hangzhou Anysoft Information Technology Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Hangzhou Anysoft Information Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 New Risk • May 17
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings have declined by 28% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Announcement • Apr 29
Hangzhou Anysoft Information Technology Co., Ltd., Annual General Meeting, May 17, 2024 Hangzhou Anysoft Information Technology Co., Ltd., Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.12 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.02 (down from CN¥0.12 in 1Q 2023). Revenue: CN¥709.7m (up 84% from 1Q 2023). Net income: CN¥2.72m (down 84% from 1Q 2023). Profit margin: 0.4% (down from 4.5% in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Announcement • Mar 30
Hangzhou Anysoft Information Technology Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Hangzhou Anysoft Information Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Announcement • Dec 29
Hangzhou Anysoft Information Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 Hangzhou Anysoft Information Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: CN¥0.025 (vs CN¥0.20 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.025 (down from CN¥0.20 in 3Q 2022). Revenue: CN¥457.7m (down 47% from 3Q 2022). Net income: CN¥3.95m (down 86% from 3Q 2022). Profit margin: 0.9% (down from 3.1% in 3Q 2022). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. New Risk • Oct 18
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 6.2% 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 Interest payments are not well covered by earnings (0.2x net interest cover). Minor Risk Share price has been volatile over the past 3 months (6.2% average weekly change). Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.003 (vs CN¥0.30 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.003 (down from CN¥0.30 in 2Q 2022). Revenue: CN¥679.3m (down 38% from 2Q 2022). Net income: CN¥348.6k (down 99% from 2Q 2022). Profit margin: 0.1% (down from 4.3% in 2Q 2022). Revenue is forecast to grow 23% 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, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥36.70, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 48x in the Communications industry in China. Total loss to shareholders of 21% over the past three years. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥41.97, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 26x in the Communications industry in China. Total loss to shareholders of 17% over the past three years. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥37.10, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 22x in the Communications industry in China. Total loss to shareholders of 34% over the past three years. Price Target Changed • Nov 16
Price target decreased to CN¥44.28 Down from CN¥57.76, the current price target is provided by 1 analyst. New target price is 29% above last closing price of CN¥34.37. Stock is down 25% over the past year. The company is forecast to post earnings per share of CN¥2.78 for next year compared to CN¥1.96 last year. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.62 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.20 (down from CN¥0.62 in 3Q 2021). Revenue: CN¥869.3m (down 17% from 3Q 2021). Net income: CN¥27.2m (down 65% from 3Q 2021). Profit margin: 3.1% (down from 7.5% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 21% 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 8% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Price Target Changed • Oct 22
Price target decreased to CN¥44.28 Down from CN¥57.76, the current price target is provided by 1 analyst. New target price is 48% above last closing price of CN¥30.00. Stock is down 22% over the past year. The company is forecast to post earnings per share of CN¥3.08 for next year compared to CN¥1.96 last year. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.30 (vs CN¥0.69 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.30 (down from CN¥0.69 in 2Q 2021). Revenue: CN¥1.09b (up 30% from 2Q 2021). Net income: CN¥46.6m (down 46% from 2Q 2021). Profit margin: 4.3% (down from 10% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 26%, compared to a 33% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥48.96, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 25x in the Communications industry in China. Total returns to shareholders of 20% over the past three years. Announcement • Jul 07
Hangzhou Anysoft Information Technology Co., Ltd. Announces Final Dividend on A Shares for the Year 2021, Payable on July 13, 2022 Hangzhou Anysoft Information Technology Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY1.10000000 on A shares for the year 2021. Record date is July 12, 2022. Ex-date is July 13, 2022. Payment date is July 13, 2022. Announcement • May 19
Hangzhou Anysoft Information Technology Co., Ltd. Approves Cash Dividend for 2021 Hangzhou Anysoft Information Technology Co., Ltd. at the AGM held on May 17, 2022, approved Cash dividend per 10 shares (tax included) of CNY 1.10000000 for 2021. Announcement • Apr 28
Hangzhou Anysoft Information Technology Co., Ltd. Proposes Final Dividend for the Year 2021 Hangzhou Anysoft Information Technology Co., Ltd. proposed Cash dividend/10 shares (tax included) of CNY 1.10000000 for the year 2021. Reported Earnings • Apr 28
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: EPS: CN¥0.91 (up from CN¥0.65 in 1Q 2021). Revenue: CN¥1.29b (up 104% from 1Q 2021). Net income: CN¥113.1m (up 40% from 1Q 2021). Profit margin: 8.8% (down from 13% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 8.3%. Earnings per share (EPS) missed analyst estimates by 17%. Over the next year, revenue is forecast to grow 25%, compared to a 32% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Price Target Changed • Apr 27
Price target decreased to CN¥57.76 Down from CN¥71.04, the current price target is an average from 2 analysts. New target price is 55% above last closing price of CN¥37.23. Stock is up 13% over the past year. The company is forecast to post earnings per share of CN¥3.04 for next year compared to CN¥2.33 last year. Board Change • Mar 29
High number of new directors Independent Director Yinan Zhang was the last director to join the board, commencing their role in 2022. Reported Earnings • Mar 17
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: CN¥2.33 (up from CN¥1.69 in FY 2020). Revenue: CN¥3.59b (up 49% from FY 2020). Net income: CN¥290.0m (up 38% from FY 2020). Profit margin: 8.1% (down from 8.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 40%, compared to a 31% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Feb 11
Hangzhou Anysoft Information Technology Co., Ltd. Announces Board Elections Hangzhou Anysoft Information Technology Co., Ltd. announced at its Extraordinary General Meeting of 2022 held on 09 February 2022, approved election of Chen Lianyong, Zhang Yinan and Feng Yan as independent director, and He Xia as non-employee supervisors. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥57.00, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 33x in the Software industry in China. Total returns to shareholders of 32% over the past three years. Reported Earnings • Oct 19
Third quarter 2021 earnings released: EPS CN¥0.62 (vs CN¥0.49 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥1.04b (up 44% from 3Q 2020). Net income: CN¥77.9m (up 28% from 3Q 2020). Profit margin: 7.5% (down from 8.4% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.69 (vs CN¥0.44 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: CN¥839.4m (up 42% from 2Q 2020). Net income: CN¥85.7m (up 51% from 2Q 2020). Profit margin: 10% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Apr 27
Hangzhou Anysoft Information Technology Co., Ltd. Proposes Final Dividend for the Year 2020 Hangzhou Anysoft Information Technology Co., Ltd. proposed cash dividend/10 shares (tax included) of CNY 1.00000000 for the year 2020. Reported Earnings • Apr 25
First quarter 2021 earnings released: EPS CN¥0.65 (vs CN¥0.47 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥632.3m (up 80% from 1Q 2020). Net income: CN¥80.7m (up 44% from 1Q 2020). Profit margin: 13% (down from 16% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥32.12, the stock is trading at a trailing P/E ratio of 25.3x, down from the previous P/E ratio of 29.9x. This compares to an average P/E of 52x in the Software industry in China. Total return to shareholders over the past three years is a loss of 19%. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥32.12 The company is down 21% from its price of CN¥40.68 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥7.44 per share. Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥38.08, the stock is trading at a trailing P/E ratio of 30.1x, up from the previous P/E ratio of 25.6x. This compares to an average P/E of 53x in the Software industry in China. Total returns to shareholders over the past three years are 23%. Price Target Changed • Dec 30
Price target lowered to CN¥47.34 Down from CN¥60.05, the current price target is an average from 3 analysts. The new target price is 24% above the current share price of CN¥38.30. As of last close, the stock is down 30% over the past year. Is New 90 Day High Low • Dec 22
New 90-day low: CN¥33.62 The company is down 20% from its price of CN¥41.81 on 23 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥7.38 per share. Is New 90 Day High Low • Dec 07
New 90-day low: CN¥37.48 The company is down 21% from its price of CN¥47.52 on 08 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.34 per share. Is New 90 Day High Low • Nov 02
New 90-day low: CN¥39.98 The company is down 22% from its price of CN¥51.24 on 04 August 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.16 per share. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥157.2m, down 29% from the prior year. Total revenue was CN¥2.00b over the last 12 months, up 21% from the prior year. Announcement • Oct 16
Hangzhou Anysoft Information Technology Co., Ltd. (SZSE:300571) completed the acquisition of remaining 49% stake in Shenzhen SuperElectron technology co., Ltd. from Guizhou Zhaoding Enterprise Management Partnership (Limited Partnership). Hangzhou Anysoft Information Technology Co., Ltd. (SZSE:300571) signed an equity transfer agreement to acquire the remaining 49% stake in Shenzhen SuperElectron technology co., Ltd. from Guizhou Zhaoding Enterprise Management Partnership (Limited Partnership) for approximately CNY 350 million on September 23, 2020. After the completion of this transaction, Shenzhen SuperElectron technology co., Ltd. will become a wholly-owned subsidiary of the Hangzhou Anysoft Information Technology Co., Ltd. As on April 30, 2020, Shenzhen SuperElectron technology co., Ltd. reported total assets of CNY 994.0788 million and owners' equity of CNY 80.5384 million. Hangzhou Anysoft Information Technology held the 17th meeting of the third directorate on September 23, 2020 and reviewed and approved the acquisition.
Hangzhou Anysoft Information Technology Co., Ltd. (SZSE:300571) completed the acquisition of remaining 49% stake in Shenzhen SuperElectron technology co., Ltd. from Guizhou Zhaoding Enterprise Management Partnership (Limited Partnership) on October 15, 2020. The transaction is approved by the shareholders of Hangzhou Anysoft Information Technology Co., Ltd. Announcement • Sep 29
Hangzhou Anysoft Information Technology Co., Ltd. (SZSE:300571) signed an equity transfer agreement to acquire the remaining 49% stake in Shenzhen SuperElectron technology co., Ltd. from Guizhou Zhaoding Enterprise Management Partnership (Limited Partnership) for approximately CNY 350 million. Hangzhou Anysoft Information Technology Co., Ltd. (SZSE:300571) signed an equity transfer agreement to acquire the remaining 49% stake in Shenzhen SuperElectron technology co., Ltd. from Guizhou Zhaoding Enterprise Management Partnership (Limited Partnership) for approximately CNY 350 million on September 23, 2020. After the completion of this transaction, Shenzhen SuperElectron technology co., Ltd. will become a wholly-owned subsidiary of the Hangzhou Anysoft Information Technology Co., Ltd. As on April 30, 2020, Shenzhen SuperElectron technology co., Ltd. reported total assets of CNY 994.0788 million and owners' equity of CNY 80.5384 million. Hangzhou Anysoft Information Technology held the 17th meeting of the third directorate on September 23, 2020 and reviewed and approved the acquisition. Announcement • Sep 25
Hangzhou Anysoft Information Technology Co., Ltd. announced that it expects to receive CNY 900 million in funding Hangzhou Anysoft Information Technology Co., Ltd. (SZSE:300571) announced a private placement of A shares for gross proceeds of not more than CNY 900 million on September 23, 2020. The number of shares issued shall not not exceed 30% of the company's total share capital before the issuance. The transaction will include participation from not more than 35 specific investors. The transaction has been reviewed and approved at the 17th meeting of the third directorate, and at the 17th meeting of the 3rd board of director of the company. The transaction is subject to approval from the shareholders at the general meeting, China Securities Regulatory Commission, Shenzhen Branch of China Securities Depository and Clearing Corporation, and from Shenzhen Stock Exchange. All the securities issued in the transaction is subject to hold period of six months from the end of the issuance. The approval shall remain valid for 12 months from the date of approval by the company's shareholders' meeting. Announcement • Aug 13
Hangzhou Anysoft Information Technology Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Hangzhou Anysoft Information Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020 
