Announcement • Jun 20
China Rare Earth Holdings Limited Announces Board and Committee Changes China Rare Earth Holdings Limited announced that Ms. Huang Liu ("Ms. Huang") and Mr. Huang Chunhua ("Mr. Huang") would retire at the AGM in accordance with the Articles. As the resolutions for re-election of Ms. Huang and Mr. Huang were not passed by the Shareholders at the AGM, Ms. Huang has retired as non-executive Director and Mr. Huang has retired as independent non- executive Director with effect from the conclusion of the AGM (the "Retirement"). Following the Retirement, Mr. Huang also retired as the chairman of the audit committee of the Company, each of the members of the remuneration committee and nomination committee of the Company. Announcement • May 09
China Rare Earth Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 15.6 million. China Rare Earth Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 15.6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 48,750,000
Price\Range: HKD 0.32
Transaction Features: Subsequent Direct Listing Announcement • Apr 17
China Rare Earth Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 15.6 million. China Rare Earth Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 15.6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 48,750,000
Price\Range: HKD 0.32 Announcement • Mar 31
China Rare Earth Holdings Limited, Annual General Meeting, Jun 20, 2025 China Rare Earth Holdings Limited, Annual General Meeting, Jun 20, 2025. Announcement • Mar 20
China Rare Earth Holdings Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 China Rare Earth Holdings Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 Announcement • Jan 17
China Rare Earth Holdings Limited Announces Director Changes The board of directors of China Rare Earth Holdings Limited announced that Mr. Huang Shuwei has a retirement plan and has tendered to resign as an independent non-executive Director; a member of each of the audit committee and the nomination committee of the Company; and the chairman of the remuneration committee of the Company with effect from 17 January 2025. The Board announced that following the retirement of Mr. Huang, Mr. Kang Shuaijie has been appointed as an independent non-executive Director, a member of each of the Audit Committee and the Nomination Committee and chairman of the Remuneration Committee. Mr. Kang, aged 27, holds a Master Degree in Human Resource Management from the University of Leeds. Mr. Kang has extensive experience in human resources, specializing in employee relations management, talent training management, event organization, and corporate branding in enterprises related to the chemical and raw materials industries. He has held various roles and responsibilities in human resources management, demonstrating a broad and in-depth practical experience in the field. Announcement • Jan 13
China Rare Earth Holdings Limited Announces Executive and Board Changes China Rare Earth Holdings Limited announced that with effect from 13 January 2025: Mr. Jiang Cainan ("Mr. Jiang") has a retirement plan and has tendered to resign as an executive Director; and Mr. Jin Zhong ("Mr. Jin") has a retirement plan and has tendered to resign as an independent non-executive Director; the chairman of the nomination committee (the "Nomination Committee") of the Company; and each of the member of the audit committee (the "Audit Committee") and remuneration committee (the "Remuneration Committee") of the Company; Ms. Guo Jinying ("Ms. Guo") was appointed as an executive Director and the joint acting chairman of the Board; and Mr. Man Kong Yui ("Mr. Man") was appointed as an independent non-executive Director, the chairman of the Nomination Committee; and each of the member of the Audit Committee and Remuneration Committee. Ms. Guo, aged 35, obtained a Bachelor Degree in Accounting from East China University of Science and Technology. Ms. Guo has extensive experience in accounting and financial management, particularly in the rare earth industry, demonstrating strong industry knowledge and practical skills that effectively support corporate financial operations and management needs. Ms. Guo has been served as the Chief Financial Officer of a new materials company, overseeing financial strategic planning and execution, leading budget preparation and cost control to ensure a stable and efficient financial system. Ms. Guo has been deeply involved in financial management and investment in the rare earth industry, establishing internal control systems and enhancing financial transparency and compliance, while leading several strategic investment and financing projects to support the company's growth in the rare earth sector. Mr. Man, aged 64, obtained a Bachelor Degree in Business Administration from The Chinese University of Hong Kong. He has over 42 years of experience in the investment and financial industry, with extensive expertise in gold, foreign exchange, securities, futures, and asset management. He has held various senior positions in several prominent banks, international financial institutions, and listed companies in Hong Kong. Additionally, he has served as a lecturer at numerous China and Hong Kong universities and professional training institutions. He is currently a director of Element Investment Consultant Limited and an independent non-executive director of TradeGo FinTech Limited (stock code: 8017), the shares of which are listed on GEM of the Stock Exchange. He has been an independent non-executive director of each of Get Nice Holdings Limited (stock code: 64), Walnut Capital Limited (stock code: 905) and Huanxi Media Group Limited (formerly known as 21 Holdings Limited) (stock code: 1003), the shares of all of which are listed on the Main Board of the Stock Exchange, and GreaterChina Technology Group Limited,(now known as Viva Goods Company Limited), a company formerly listed on GEM of the Stock Exchange (former stock code: 8032) and now transferred to the Main Board of the Stock Exchange (stock code: 933). Ms. Tsui holds a bachelor's degree in accounting, a master's degree in corporate governance and is an associate of The Hong Kong Chartered Governance Institute. Ms. Tsui has extensive experience in corporate secretarial field. Announcement • Dec 18
China Rare Earth Holdings Limited Announces Appointment of Huang Liu as Non-Executive Director China Rare Earth Holdings Limited announced that Ms. Huang Liu has been appointed as a non-executive Director of the Company with effect from 18 December 2024. Ms. Huang, aged 39, is experienced in strategic planning, risk control and financial management. Between 2013 and 2024, Ms. Huang was the Financial Specialist and Chief Financial Officer of Hunan Youyang Decoration Group. Ms. Huang holds a Bachelor's degree in financial management from Changsha University. Reported Earnings • Sep 30
First half 2024 earnings released: HK$0.026 loss per share (vs HK$0.055 loss in 1H 2023) First half 2024 results: HK$0.026 loss per share (improved from HK$0.055 loss in 1H 2023). Revenue: HK$293.8m (down 22% from 1H 2023). Net loss: HK$60.3m (loss narrowed 53% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Announcement • Sep 13
China Rare Earth Holdings Limited Announces Executive Changes China Rare Earth Holdings Limited announced that Mr. Chu Kin Ming ("Mr. Chu") has tendered his resignation as (i) the company secretary of the Company (the "Company Secretary"); The Board further announce that Mr. Yu Tak Shing Eric ("Mr. Yu") has been appointed as the Company Secretary, Authorised Representative and Process Agent with effect from 13 September 2024 to fill the vacancy arising from the resignation of Mr. Chu. Mr. Yu has been an associate of the Hong Kong Institute of Certified Public Accountants since October 1999 and has been a certified practicing accountant of the Australian Society of Certified Practicing Accountants (now known as CPA Australia) since March 1998. He graduated from the University of Wollongong, Australia in October 1993 with a Bachelor of Commerce in legal studies and accountancy. Mr. Yu has extensive experiences in the field of auditing, accounting, financial management and company secretarial matters. Mr. Jiang Dawei ("Mr. Jiang"), an executive Director and the Chief Executive Officer of the Company, has been appointed as one of the Authorised Representatives pursuant to Rule 3.05 of the Listing Rules, with effect from 13 September 2024. Following the resignation of Ms. Qian Yuanying ("Ms. Qian") as executive director of the Company in May 2024, the Company has a single gender board which does not meet the requirement under Rule 13.92 of the Listing Rules. Announcement • Aug 20
China Rare Earth Holdings Limited to Report First Half, 2024 Results on Aug 30, 2024 China Rare Earth Holdings Limited announced that they will report first half, 2024 results on Aug 30, 2024 New Risk • Jun 06
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €91.0m (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 74% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€91.0m market cap, or US$98.9m). Announcement • May 18
China Rare Earth Holdings Limited Announces Board Changes The board of directors of China Rare Earth Holdings Limited announced that with effect from 17 May 2024, Ms. Qian Yuanying has resigned as an executive Director and the chairman of the Board in order to devote more time to her personal and other business commitments. The Board announced that Mr. Jiang Quanlong, an executive Director of the Company of the Company, has been appointed as the Acting Chairman with effect from 17 May 2024. The biographical details of Mr. Jiang are set out below: Mr. Jiang Quanlong, aged 71, is a founding member and was previously the chairman of the Group until September 2017. Mr. Jiang is recognised as a senior economist by Jiangsu Provincial Personnel Department. Mr. Jiang has been appointed as the honorary chairman of the council of Jiangsu Rare Earth Industry Association since January 2021. Mr. Jiang has over 30 years of experience in the rare earth and refractory materials industries. Prior to the founding of the Group, Mr. Jiang had been a factory manager of arefractory materials production plant and a sales manager of a glass and ceramics manufacturing company. Mr. Jiang is also a director of YY Holdings Limited, a substantial shareholder of the Company. Mr. Jiang is the husband of Ms. Qian. From 16 August 2006 to 15 September 2017, Mr. Jiang served as the chairman and an executive director of Pan Asia Environmental Protection Group Limited. Reported Earnings • Apr 28
Full year 2023 earnings released: HK$0.086 loss per share (vs HK$0.16 loss in FY 2022) Full year 2023 results: HK$0.086 loss per share (improved from HK$0.16 loss in FY 2022). Revenue: HK$686.1m (down 15% from FY 2022). Net loss: HK$200.5m (loss narrowed 46% from FY 2022). 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. Reported Earnings • Mar 30
Full year 2023 earnings released: HK$0.086 loss per share (vs HK$0.16 loss in FY 2022) Full year 2023 results: HK$0.086 loss per share (improved from HK$0.16 loss in FY 2022). Revenue: HK$686.1m (down 15% from FY 2022). Net loss: HK$200.5m (loss narrowed 46% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Announcement • Mar 29
China Rare Earth Holdings Limited, Annual General Meeting, Jun 21, 2024 China Rare Earth Holdings Limited, Annual General Meeting, Jun 21, 2024. Announcement • Mar 16
China Rare Earth Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 China Rare Earth Holdings Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 New Risk • Jan 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 71% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€74.3m market cap, or US$80.9m). Announcement • Jan 11
China Rare Earth Holdings Limited Announces the Demise of Mr. Dou Xuehong, Independent Non-Executive Director, the Chairman of the Remuneration Committee of the Company, A Member of the Audit Committee of the Company and the Nomination Committee of the Company The board of directors of China Rare Earth Holdings Limited announced that Mr. Dou Xuehong (Mr. Dou), an independent non-executive Director, the chairman of the remuneration committee of the Company (the "Remuneration Committee"), a member of the audit committee of the Company (the "Audit Committee") and the nomination committee of the Company, passed away on 30 December 2023. New Risk • Dec 11
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €92.1m (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 71% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (€92.1m market cap, or US$99.0m). Reported Earnings • Sep 01
First half 2023 earnings released: HK$0.055 loss per share (vs HK$0.005 profit in 1H 2022) First half 2023 results: HK$0.055 loss per share (down from HK$0.005 profit in 1H 2022). Revenue: HK$375.8m (down 6.1% from 1H 2022). Net loss: HK$129.4m (down HK$140.8m from profit in 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 137 percentage points per year, which is a significant difference in performance. Announcement • Aug 19
China Rare Earth Holdings Limited Provides Unaudited Consolidated Guidance of the Company for the Six Months Ended 30 June 2023 The board of China Rare Earth Holdings Limited informed the shareholders of the Company and the potential investors that, based on the unauditedconsolidated results of the Company for the six months ended 30 June 2023 (the "Period"), the Group is expected to record a loss of over HKD 100 million, as compared to a profit of approximately HKD 11.1 million for the six months ended 30 June 2022. Such shift from profit to loss was mainly attributable to (i) the continuous decrease in price of rare earth and refractory material products during the Period, resulting in a decrease in the Group's revenue; and (ii) the increase in the impairment provision for inventories. Announcement • Aug 18
China Rare Earth Holdings Limited to Report First Half, 2023 Results on Aug 30, 2023 China Rare Earth Holdings Limited announced that they will report first half, 2023 results on Aug 30, 2023 Announcement • Aug 01
China Rare Earth Holdings Limited Announces Executive Changes, Effective August 1, 2023 China Rare Earth Holdings Limited announced that Mr. Law Lap Tak has tendered his resignation as the company secretary; authorised representative of the Company and authorised representative for accepting service of process or notice on behalf of the Company in Hong Kong with effect from 1 August 2023 due to his other commitments. The Board announced that Ms. Ng will be appointed as the company secretary; authorised representative of the Company under Rule 3.05 of the Listing Rules; and Process Agent to fill the vacancy arising from the resignation of Mr. Law with effect from 1 August 2023. Ms. Ng, aged 43, has over 15 years of experience in auditing, accounting and company secretarial matters. Prior to joining the Group, Ms. Ng had worked for an international accounting firm in Hong Kong and subsidiaries of several companies whose shares are listed on the Stock Exchange. Ms. Ng holds a Master's Degree in International Business from the University of Ulster of the United Kingdom and a Bachelor's Degree in Business Administration from Lingnan University of Hong Kong. She is also a member of The Hong Kong Institute of Certified Public Accountants. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Xuehong Dou was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 02
First half 2022 earnings released: EPS: HK$0.005 (vs HK$0.006 in 1H 2021) First half 2022 results: EPS: HK$0.005 (down from HK$0.006 in 1H 2021). Revenue: HK$400.4m (down 26% from 1H 2021). Net income: HK$11.4m (down 21% from 1H 2021). Profit margin: 2.8% (up from 2.7% in 1H 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Aug 18
China Rare Earth Holdings Limited to Report First Half, 2022 Results on Aug 30, 2022 China Rare Earth Holdings Limited announced that they will report first half, 2022 results on Aug 30, 2022 Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Xuehong Dou was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Mar 31
China Rare Earth Holdings Limited, Annual General Meeting, Jun 16, 2022 China Rare Earth Holdings Limited, Annual General Meeting, Jun 16, 2022. Reported Earnings • Mar 30
Full year 2021 earnings released: EPS: HK$0.01 (vs HK$0.008 in FY 2020) Full year 2021 results: EPS: HK$0.01 (up from HK$0.008 in FY 2020). Revenue: HK$1.21b (up 9.0% from FY 2020). Net income: HK$24.3m (up 23% from FY 2020). Profit margin: 2.0% (up from 1.8% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Sep 01
First half 2021 earnings released: EPS HK$0.006 (vs HK$0.005 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$539.1m (up 17% from 1H 2020). Net income: HK$14.5m (up 36% from 1H 2020). Profit margin: 2.7% (up from 2.3% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 03
Full year 2020 earnings released: EPS HK$0.008 (vs HK$0.017 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: HK$1.11b (up 9.2% from FY 2019). Net income: HK$19.7m (down 49% from FY 2019). Profit margin: 1.8% (down from 3.8% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS HK$0.008 (vs HK$0.017 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: HK$1.11b (up 9.2% from FY 2019). Net income: HK$19.7m (down 49% from FY 2019). Profit margin: 1.8% (down from 3.8% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Announcement • Mar 17
China Rare Earth Holdings Limited to Report Fiscal Year 2020 Results on Mar 30, 2021 China Rare Earth Holdings Limited announced that they will report fiscal year 2020 results on Mar 30, 2021 Announcement • Jan 14
China Rare Earth Holdings Limited Announces Demise of Wang Guozhen, Independent Non-Executive Director, Chairman of the Audit Committee of the Board, Member of the Remuneration Committee of the Board, and Member of the Nomination Committee of the Board The board of directors of China Rare Earth Holdings Limited announced that Mr. Wang Guozhen (Mr. Wang), an independent non-executive Director, the chairman of the audit committee of the Board, a member of the remuneration committee of the Board, and a member of the nomination committee of the Board, passed away on 4 January 2021. Mr. Wang had been an independent non-executive Director since 2012. Following the passing away of Mr. Wang, there is a vacancy in the position of the chairman of the Audit Committee, and the composition of the Board comprises four executive Directors and two independent non-executive Directors and hence the number of independent non-executive Directors and members of Audit Committee has fallen below the minimum number required under Rules 3.10(1) and 3.21 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"). Announcement • Aug 22
China Rare Earth Holdings Limited to Report First Half, 2020 Results on Aug 28, 2020 China Rare Earth Holdings Limited announced that they will report first half, 2020 results on Aug 28, 2020 
