Announcement • Jun 02
CWT International Limited, Annual General Meeting, Jun 26, 2026 CWT International Limited, Annual General Meeting, Jun 26, 2026, at 14:30 China Standard Time. Location: suite 4705, 47th floor, central plaza, no. 18 harbour road, wanchai., Hong Kong Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director William Lo was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 18
CWT International Limited to Report Fiscal Year 2025 Results on Mar 30, 2026 CWT International Limited announced that they will report fiscal year 2025 results on Mar 30, 2026 Board Change • Jul 01
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-executive Director Yifei Liu was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 30
CWT International Limited Announces Chief Executive Officer Changes The board of directors of CWT International Limited announced that in order to devote more time on the executive position in, and the daily operations of CWT Pte. Limited, a subsidiary of the Company with main business operation, Mr. Wang Kan (‘Mr. Wang’) has resigned as the chief executive officer of the Company with effect from 28 June 2024, but remains to be the chairman of the Board, an executive Director, the chairman of each of the executive committee and the nomination committee of the Board, and a member of the remuneration committee of the Board. The Board further announced that Mr. Shang Duoxu (‘Mr. Shang’) has been appointed as the Chief Executive Officer, with effect from 28 June 2024. Mr. Shang, aged 38, holds a bachelor's degree in economics from Chengdu University of Technology and a master's degree in finance from Tulane University. Mr. Shang is currently the supervisor of Hainan HNA No.2 Trust Management Service Co. Ltd. Mr. Shang joined Hainan HNA Property Holdings Co. Ltd. in 2008 and has served several senior positions for certain companies under HNA Group. In the last three years, Mr. Shang was the chairman and an executive director of China Shun Ke Long Holdings Limited from February 2022 to May 2024. Mr. Shang was also the chairman of the board of directors of Northeast Electric Development Co. Ltd., from August 2021 to December 2022. Mr. Shang was also the chairman of the board of directors of CCOOP Group Co. Ltd., from January 2022 to April 2024. Mr. Shang has extensive management knowledge and working experience in the fields of finance management and corporate management. Announcement • Jun 29
CWT International Limited Announces Committee Changes CWT International Limited announced that with effect from 28 June 2024, the membership of Independent Investigation Committee and Remuneration Committee. Independent Investigation Committee: Liem Chi Kit, Kevin as Chairman, Lam Kin Fung, Jeffrey and Liu Yifei as members. Remuneration Committee: Liem Chi Kit, Kevin as chairmain. Lam Kin Fung, Jeffrey and Wang Kan as member. Announcement • Jun 27
CWT International Limited Announces Board and Committee Changes The Board of CWT International Limited announced that Mr. Leung Shun Sang, Tony has retired as a Director of the Company pursuant to article 104(A) of the Articles of Association after the conclusion of the Annual General Meeting, but would not offer himself for re-election. Following his retirement, Mr. Leung has ceased to be a member of each of the audit committee of the Board, the independent investigation committee of the Board, the Nomination Committee and the Remuneration Committee. Mr. Leung was appointed as a non-executive director of the Company in 1993 and was redesignated as an Independent Non-executive Director in 2018. He has served for the Board for over three decades and worked with different management teams of the Company. No matter any change of principal business and encountering any ups and downs of the Company, he could use wisdom and experience to give conducive and valuable opinions to the Board. Following the cessation of memberships of Mr. Leung in the committees of the Board, the Board further announced that Ms. Liu Yifei, an existing Independent Non-executive Director, has been appointed as a member of each of the Audit Committee and the Independent Investigation Committee after the conclusion of the Annual General Meeting. With effect from 27 June 2024 after conclusion of the Annual General Meeting, the members of the Board and the membership of the five committees of the Board are as follows: Members of the Board Executive Directors: Wang Kan (Chairman and Chief Executive Officer); Zhao Quan; Wang Qi; Huang Fenglin. Independent Non-executive Directors: Liem Chi Kit, Kevin; Lam Kin Fung, Jeffrey; Liu Yifei. Announcement • Jun 05
CWT International Limited, Annual General Meeting, Jun 27, 2024 CWT International Limited, Annual General Meeting, Jun 27, 2024, at 09:30 China Standard Time. Location: suites 1101-3 & 12, 11th floor, tower 2, the gateway, harbour city, kowloon Hong Kong Announcement • May 11
CWT International Limited Announces Board Changes The board of directors of CWT International Limited announces that in order to devote more time to other business commitments, Mr. Peng Biao and Mr. Xu Xu have resigned as executive directors of the Company, respectively, and ceased to be members of the executive committee of the Board with effect from 10 May 2024. The Board also announced that Mr. Wang Qi and Mr. Huang Fenglin have been appointed as Executive Directors, as well as members of the Executive Committee, respectively, with effect from 10 May 2024. Mr. Wang, aged 43, holds a bachelor's degree in business administration from Civil Aviation University of China. Mr. Wang is currently the general manager of the enterprise management department of Hainan HNA No.2 Trust Management Service Co., Ltd, which is a controlling shareholder of the Company pursuant to Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the SFO). Mr. Wang joined Hainan Airlines Co. Ltd. (now known as Hainan Airlines Holding Co. Ltd. in 2004 and has served several management positions in this company. Hainan Airlines Holding Co. Ltd. was formerly under HNA Group Co. Ltd., which is now controlled by HNA Trust Management. Mr. Wang has extensive management knowledge and working experience in the fields of cabin and operation management and corporate management. Mr. Huang, aged 38, holds a bachelor's degree in English from Central China Normal University. Mr. Huang is currently the general manager of the general management department of HNA Trust Management, which is a controlling shareholder of the Company pursuant to Part XV of the SFO. Mr. Huang joined HNA Group Co. Ltd., which is now controlled by HNA Trust Management, in 2010 and has served several senior positions for its certain companies. Mr. Huang has extensive management knowledge and working experience in the fields of administration and human resources. Announcement • Mar 07
CWT International Limited to Report Fiscal Year 2023 Results on Mar 31, 2024 CWT International Limited announced that they will report fiscal year 2023 results on Mar 31, 2024 Announcement • Nov 23
CWT International Limited, Annual General Meeting, Dec 15, 2023 CWT International Limited, Annual General Meeting, Dec 15, 2023, at 15:00 China Standard Time. Location: Suites 1101-3 & 12, 11th Floor, Tower 2, The Gateway, Harbour City Kowloon Hong Kong Agenda: To consider and adopt the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors of the Company and of the independent auditors for the year ended 31 December 2022; to consider re-election of directors; to authorize the board of Directors to fix the Directors' remuneration; to appoint Baker Tilly Hong Kong Limited as the auditor of the Company following the retirement of KPMG and to authorize the board of Directors to fix their remuneration; and to consider other issues. Announcement • Nov 21
CWT International Limited Announces Appointment of Liu Yifei as Independent Non-Executive Director and Membership of the Five Committees of the Board The board of directors of CWT International Limited announced that, with effect from 20 November 2023, Ms. Liu Yifei ("Ms. Liu") has been appointed as an independent non-executive director of the Company (the "Independent Non-executive Director"). Ms. Liu, aged 37, holds a bachelor's degree of science in economics and finance from The Hong Kong University of Science and Technology. Ms. Liu previously acted as the investment and financing vice-president and CEO special assistant of Flexiv Technology Ltd., and served the management and senior positions of Fosun Fashion Group (renamed as LANVIN Group), DJI Innovation Technology Limited and FIL Investment Management (Hong Kong) Limited. Ms. Liu has extensive knowledge and working experience in the fields of investment, finance, debt restructuring and corporate operation management. An engagement letter was entered into between Ms. Liu and the Company for a term commencing from 20 November 2023 to 31 December 2025. With effect from 20 November 2023, the members of the Board and the membership of the five committees of the Board are as follows: Members of the Board: Executive Directors: Wang Kan (Chairman and Chief Executive Officer); Zhao Quan; Peng Biao; and Xu Xu. Independent Non-executive Directors: Leung Shun Sang, Tony; Liem Chi Kit, Kevin; Lam Kin Fung, Jeffrey; and Liu Yifei. Wang Kan is the Chairman of Executive and Nomination Committee and Member of Remuneration committees. Peng Biao and Xu Xu are the Member of Executive Committee. Leung Shun Sang, Tony is the Member of Audit, Independent Investigation, Nomination and Remuneration Committee. Liem Chi Kit, Kevin is the Chairman of Audit, Independent Investigation, Remuneration Committee and Member of Nomination Committee. Lam Kin Fung, Jeffrey is the Member of Audit, Independent Investigation, Nomination and Remuneration Committee. Announcement • Sep 12
CWT International Limited to Report First Half, 2023 Results on Sep 21, 2023 CWT International Limited announced that they will report first half, 2023 results on Sep 21, 2023 Announcement • Aug 08
CWT International Limited Announces Management Changes The board of directors of CWT International Limited announced that in order to focus on the financial management work of the Company, Ms. Yan Shen has resigned as an executive director of the Company with effect from 7 August 2023, and ceased to be a member of the executive committee of the Board and an alternate authorised representative of the Company for the purpose of Rule 3.06 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. She will remain as the chief financial officer of the Company. The Board announced that Mr. Xu Xu is appointed as an Executive Director, as well as a member of the Executive Committee with effect from 7 August 2023. Mr. Xu, aged 38, holds a master's degree in Hotel and Tourism Management from The Hong Kong Polytechnic University. Mr. Xu joined Deer Air Co. Ltd. (now known as Beijing Capital Airlines Co. Ltd. under HNA Group Co. Ltd. in 2007 and has served several senior positions for its certain companies. Mr. Xu is currently the head of board of directors' office of Hainan HNA No.2 Trust Management Service Co. Ltd. Mr. Xu has extensive management knowledge and working experience in the fields of administration and human resources. With effect from 7 August 2023, the members of the Board and the membership of the five committees of the Board are as follows: Members of the Board: Executive Directors: Wang Kan (Chairman and Chief Executive Officer), Zhao Quan, Peng Biao, Xu Xu. Independent Non-executive Directors: Leung Shun Sang, Tony, Liem Chi Kit, Kevin, Lam Kin Fung, Jeffrey. Audit Committee: Liem Chi Kit, Kevin, chairman; members: Leung Shun Sang, Tony and Lam Kin Fung, Jeffrey. Executive Committee: Wang Kan, chairman; members: Peng Biao and Xu Xu. Independent Investigation Committee: Liem Chi Kit, Kevin, chairman; members: Leung Shun Sang, Tony and Lam Kin Fung, Jeffrey. Nomination Committee: Wang Kan, chairman; members: Leung Shun Sang, Tony, Liem Chi Kit, Kevin and Lam Kin Fung, Jeffrey. Remuneration Committee: Liem Chi Kit, Kevin, chairman; members: Wang Kan, Leung Shun Sang, Tony and Lam Kin Fung, Jeffrey. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Jeffrey Lam was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 31
First half 2022 earnings released: EPS: HK$0.011 (vs HK$0.012 in 1H 2021) First half 2022 results: EPS: HK$0.011 (down from HK$0.012 in 1H 2021). Revenue: HK$22.3b (down 14% from 1H 2021). Net income: HK$127.0m (down 5.3% from 1H 2021). Profit margin: 0.6% (up from 0.5% in 1H 2021). The increase in margin was driven by lower expenses. Announcement • Aug 18
CWT International Limited to Report First Half, 2022 Results on Aug 29, 2022 CWT International Limited announced that they will report first half, 2022 results on Aug 29, 2022 Board Change • Aug 04
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Jeffrey Lam was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 03
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Jeffrey Lam was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
