Announcement • Mar 28
Seazen Group Limited, Annual General Meeting, May 08, 2026 Seazen Group Limited, Annual General Meeting, May 08, 2026, at 10:00 China Standard Time. Location: room 201, 2/f, seazen holdings tower b, no. 5, lane 388, zhongjiang road, putuo district, shanghai., China Announcement • Mar 17
Seazen Group Limited to Report Fiscal Year 2025 Results on Mar 27, 2026 Seazen Group Limited announced that they will report fiscal year 2025 results on Mar 27, 2026 Announcement • Feb 12
Seazen Group Limited has completed a Follow-on Equity Offering in the amount of HKD 473.22 million. Seazen Group Limited has completed a Follow-on Equity Offering in the amount of HKD 473.22 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 198,000,000
Price\Range: HKD 2.39
Transaction Features: Subsequent Direct Listing Announcement • Feb 05
Seazen Group Limited has filed a Follow-on Equity Offering in the amount of HKD 473.22 million. Seazen Group Limited has filed a Follow-on Equity Offering in the amount of HKD 473.22 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 198,000,000
Price\Range: HKD 2.39
Transaction Features: Subsequent Direct Listing Announcement • Jan 21
Wang Kelly entered into the share transfer agreement to acquire Seazen Resources Asset Management Limited from Seazen Group Limited (SEHK:1030) for HKD 25.2 million. Wang Kelly entered into the share transfer agreement to acquire Seazen Resources Asset Management Limited from Seazen Group Limited (SEHK:1030) for HKD 25.2 million on January 20, 2026. A cash consideration of HKD 25.23 million will be paid by Wang Kelly.
For the period ending December 31, 2025, Seazen Resources Asset Management Limited reported total revenue of HKD 368.67 million and net income of HKD 1.47 billion. As of December 31, 2025, Seazen Resources Asset Management Limited reported total common equity of HKD 22.51 million.
Grant Thornton Hong Kong Limited acted as accountant for Seazen Group Limited. Announcement • Sep 02
Seazen Group Limited has filed a Follow-on Equity Offering in the amount of HKD 49.999998 million. Seazen Group Limited has filed a Follow-on Equity Offering in the amount of HKD 49.999998 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 19,346,101
Price\Range: HKD 2.5845
Transaction Features: Subsequent Direct Listing Announcement • Aug 19
Seazen Group Limited to Report Q2, 2025 Results on Aug 29, 2025 Seazen Group Limited announced that they will report Q2, 2025 results on Aug 29, 2025 Announcement • Mar 29
Seazen Group Limited, Annual General Meeting, May 08, 2025 Seazen Group Limited, Annual General Meeting, May 08, 2025. Announcement • Mar 28
Seazen Group Limited Announces Board and Committee Changes, Effective April 1, 2025 Seazen Group Limited announced that the Company has received a letter of resignation from Mr. Zhang Shengman with respect to his resignation as a non-executive Director and a member of the environmental, social and governance committee of the Board, due to his desires to devote more time to other endeavours. The aforesaid resignations shall take effect from 1 April 2025. The Board announced that Mr. Zhou Fudong has been appointed as an executive Director and a member of the ESG Committee with effect from 1 April 2025. The Board resolved that with effect from 1 April 2025, Mr. Zhong Wei ceased to be a member of the nomination committee of the Board and Ms. Wu Ke, an independent non-executive Director, has been appointed as a member of the Nomination Committee.
Mr. Zhou, aged, 45, has nearly 20 years of experience in financial management. Mr. Zhou has served in the Company since June 2013, and has consecutively served as the assistant general manager, deputy general manager and general manager of the Financial Management Department. Since 2022, Mr. Zhou has been serving as the assistant president of the Company. He is also currently a director of several subsidiaries of the Company. Prior to joining the Group, Mr. Zhou successively served as the auditor, the senior auditor and the audit manager at PricewaterhouseCoopers Zhong Tian CPAs Limited Company from August 2005 to October 2012, and the senior audit manager at the Shanghai branch of Baker Tilly China Certified Public Accountants from November 2012 to May 2013. Mr. Zhou obtained a bachelor's degree in engineering from Tongji University in the PRC in 2002, and subsequently a master's degree in engineering from the same university in 2005. Mr. Zhou has been a certified public accountant in the PRC since December 2009. Announcement • Mar 18
Seazen Group Limited to Report Fiscal Year 2024 Results on Mar 28, 2025 Seazen Group Limited announced that they will report fiscal year 2024 results on Mar 28, 2025 Reported Earnings • Sep 04
First half 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.20 in 1H 2023) First half 2024 results: EPS: CN¥0.14 (down from CN¥0.20 in 1H 2023). Revenue: CN¥34.0b (down 20% from 1H 2023). Net income: CN¥959.2m (down 33% from 1H 2023). Profit margin: 2.8% (down from 3.4% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is expected to fall by 21% p.a. on average during the next 3 years compared to a 16% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Announcement • Aug 21
Seazen Group Limited Provides Consolidated Group Earnings Guidance for the Six Months Ending June 30, 2024 Seazen Group Limited provided consolidated group earnings guidance for the six months ending June 30, 2024. For the period, the profit attributable to equity holders of the Company is expected to be ranging from approximately RMB0.9 billion to RMB 1.1 billion for the six months ended 30 June 2024, as compared to the profit attributable to equity holders of the Company of approximately RMB 1.431 billion for the corresponding period last year, which is mainly attributable to the decrease of revenue from property development as a result of the industry downturn. Announcement • Aug 20
Seazen Group Limited to Report First Half, 2024 Results on Aug 30, 2024 Seazen Group Limited announced that they will report first half, 2024 results on Aug 30, 2024 Announcement • Jun 28
Seazen Group Limited Announces Board and Board Committee Changes As set out in the announcement of Seazen Group Limited dated 4 June 2024 and the Circular, Mr. Chen Huakang would retire from office upon the conclusion of the AGM and would not offer himself for re-election at the AGM in order to maintain good corporate governance practices of the Company as he had served on the Board for more than eleven years and to devote more time to his personal endeavors. Accordingly, with effect from the conclusion of the AGM, Mr. Chen retired as an independent non-executive Director and ceased to be the chairman of the Audit Committee and a member of the Remuneration Committee. The Board announce that Ms. Wu Ke was duly appointed as an independent non-executive Director at the AGM for a term of two years commencing from the conclusion of the AGM. The Board further announces that following the retirement of Mr. Chen Huakang and the appointment of Ms. Wu Ke as an independent non-executive Director, Ms. Wu Ke was appointed as the chairman of the Audit Committee and a member of the Remuneration Committee. Announcement • Jun 05
Seazen Group Limited Announces Executive Changes On 4 June 2024, the Board of Seazen Group Limited received a notice from Mr. Chen that he will retire from office upon the conclusion of the forthcoming annual general meeting of the Company and will not offer himself for re-election at the forthcoming AGM in order to maintain good corporate governance practices of the Company as he had served on the Board for more than eleven years and to devote more time to his personal endeavors. Accordingly. Mr. Chen will also cease to be the chairman of the Audit Committee and a member of the Remuneration Committee with effect from the conclusion of the AGM. Mr. Chen Huakang has been appointed as an independent non- executive Director since 6 November 2012. He is also the chairman of the audit committee and a member of the remuneration committee (the "Remuneration Committee") of the Board. Mr. Chen has confirmed that he has no disagreement with the Board and there is no other matter relating to his retirement that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited. The Board would like to express its sincere gratitude to Mr. Chen for his positive contribution to the Company during his term of office. The Board further announces that following the retirement of Mr. Chen, Ms. Wu Ke will be appointed as the chairman of the Audit Committee and a member of the Remuneration Committee upon her appointment as an independent non-executive Director becoming effective. Reported Earnings • Mar 29
Full year 2023 earnings released: CN¥0.051 loss per share (vs CN¥0.043 profit in FY 2022) Full year 2023 results: CN¥0.051 loss per share (down from CN¥0.043 profit in FY 2022). Revenue: CN¥119.5b (up 2.5% from FY 2022). Net loss: CN¥372.3m (down 233% from profit in FY 2022). Revenue is expected to fall by 22% p.a. on average during the next 2 years compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 30 percentage points per year, which is a significant difference in performance. Announcement • Mar 29
Seazen Group Limited, Annual General Meeting, Jun 28, 2024 Seazen Group Limited, Annual General Meeting, Jun 28, 2024. Announcement • Mar 19
Seazen Group Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Seazen Group Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 New Risk • Feb 03
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 10% 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 Interest payments are not well covered by earnings (1.4x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Announcement • Sep 27
PAG entered into an agreement to acquire Changzhou Hengxuan Consulting Management Co., Ltd from Seazen Group Limited (SEHK:1030) for CNY 2.3 billion. PAG entered into an agreement to acquire Changzhou Hengxuan Consulting Management Co., Ltd from Seazen Group Limited (SEHK:1030) for CNY 2.3 billion on September 26, 2023. Under the terms, consideration shall be CNY 1.4 billion along with repayment of shareholder loan of CNY 856.4 million to Changzhou Wealthzone Development Co., Ltd. PAG shall further pay an additional CNY 100 million if it is not able to submit application for the merger review to the State Administration for Market Regulation of the PRC or the payment of the consideration or the repayment of the Shareholder’s Loan for whatever reason is delayed to a date after November 30, 2023. Changzhou Hengxuan Consulting Group reported net asset value of CNY 170.1 million as at August 31, 2023. The transaction is subject to merger review having been completed and approved by the State Administration for Market Regulation of the PRC. The transaction long stop date is December 31, 2023. Prism Hong Kong and Shanghai Kong and Limited acted as an accountant for Seazen Group Limited. Reported Earnings • Sep 01
First half 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.28 in 1H 2022) First half 2023 results: EPS: CN¥0.20 (down from CN¥0.28 in 1H 2022). Revenue: CN¥42.5b (down 1.9% from 1H 2022). Net income: CN¥1.43b (down 20% from 1H 2022). Profit margin: 3.4% (down from 4.1% in 1H 2022). Revenue is expected to fall by 9.6% p.a. on average during the next 3 years compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 37% per year, which means it has not declined as severely as earnings. Announcement • Aug 19
Seazen Group Limited to Report First Half, 2023 Results on Aug 30, 2023 Seazen Group Limited announced that they will report first half, 2023 results on Aug 30, 2023 New Risk • Jul 06
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 10% 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 Interest payments are not well covered by earnings (2.1x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin). Shareholders have been diluted in the past year (8.6% increase in shares outstanding). Reported Earnings • Apr 16
Full year 2022 earnings released: EPS: CN¥0.043 (vs CN¥1.39 in FY 2021) Full year 2022 results: EPS: CN¥0.043 (down from CN¥1.39 in FY 2021). Revenue: CN¥116.5b (down 31% from FY 2021). Net income: CN¥280.7m (down 97% from FY 2021). Profit margin: 0.2% (down from 5.1% in FY 2021). Revenue is expected to fall by 5.8% p.a. on average during the next 3 years compared to a 35% decline forecast for the Real Estate industry in Germany. Announcement • Feb 17
Seazen Group Limited Announces Resignation of Mr. Qu Dejun as Vice-Chairman of the Board, Non- Executive Director, and Member of the Environmental, Social and Governance Committee Seazen Group Limited announced the following resignation. The Company received a letter of resignation of Mr. Qu Dejun ("Mr. Qu") from his family member, which stated Mr. Qu's resignation as the vice-chairman of the Board, a non- executive Director, and a member of the environmental, social and governance committee (the "ESG Committee") of the Company due to his inability to perform his duties. The aforesaid resignation shall take effect from 16 February 2023. Announcement • Jan 31
Seazen Group Limited Provides Earnings Guidance for the Year Ended 31 December 2022 Seazen Group Limited provided earnings guidance for the year ended 31 December 2022. For the year, the company expected the profit attributable to the equity holders of the Company to be between approximately loss attributable to the equity holders of the Company of RMB 0.3 billion and profit attributable to the equity holders of the Company of RMB 1.8 billion, as compared with the profit attributable to the equity holders of the Company of approximately RMB 8.591 billion as of 31 December 2021. The expected decrease is mainly due to substantial year-on-year decrease in revenue and gross profit carried forward from property projects of the Group in 2022 as a result of structural changes in overall market environment, COVID-19 pandemic and carried-forward projects; year-on-year increase in the Group's provision for impairment on assets as a result of changes in market conditions; and net exchange losses as a result of foreign exchange fluctuation. Announcement • Dec 20
Seazen Group Limited has completed a Follow-on Equity Offering in the amount of HKD 1.96 billion. Seazen Group Limited has completed a Follow-on Equity Offering in the amount of HKD 1.96 billion.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 560,000,000
Price\Range: HKD 3.5
Transaction Features: Subsequent Direct Listing Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Wei Zhong was the last independent director to join the board, commencing their role in 2014. 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 01
First half 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.47 in 1H 2021) First half 2022 results: EPS: CN¥0.28 (down from CN¥0.47 in 1H 2021). Revenue: CN¥43.4b (down 46% from 1H 2021). Net income: CN¥1.79b (down 39% from 1H 2021). Profit margin: 4.1% (up from 3.7% in 1H 2021). Over the next year, revenue is forecast to grow 22% compared to a 47% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Announcement • Aug 20
Seazen Group Limited Provides Group Earnings Guidance for the Six Months Ending June 30, 2022 Seazen Group Limited provided group earnings guidance for the six months ending June 30, 2022. For the period, the company expects profit attributable to the equity holders of the Company to be between approximately RMB 1.7 billion and RMB 1.8 billion, as compared with the profit attributable to the equity holders of the Company of approximately RMB 2.915 billion as of 30 June 2021. The expected decrease is mainly due to: the decrease in the Group's sales revenue as a result of on-gong sluggish real estate market and the lingering effect of the COVID-19 pandemic; and net exchange losses as a result of foreign exchange fluctuation. Announcement • Aug 11
Seazen Group Limited to Report First Half, 2022 Results on Aug 30, 2022 Seazen Group Limited announced that they will report first half, 2022 results on Aug 30, 2022 Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: CN¥1.39 (vs CN¥1.65 in FY 2020) Full year 2021 results: EPS: CN¥1.39 (down from CN¥1.65 in FY 2020). Revenue: CN¥169.5b (up 16% from FY 2020). Net income: CN¥8.59b (down 16% from FY 2020). Profit margin: 5.1% (down from 7.0% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.7% compared to a 33% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. 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 not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Wei Zhong was the last independent director to join the board, commencing their role in 2014. 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 • Apr 01
Full year 2021 earnings released: EPS: CN¥1.39 (vs CN¥1.65 in FY 2020) Full year 2021 results: EPS: CN¥1.39 (down from CN¥1.65 in FY 2020). Revenue: CN¥169.5b (up 16% from FY 2020). Net income: CN¥8.59b (down 16% from FY 2020). Profit margin: 5.1% (down from 7.0% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 31% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Buying Opportunity • Mar 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 26%. The fair value is estimated to be CN¥0.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 49% per annum over the last 3 years. Earnings per share has grown by 21% per annum over the last 3 years. Reported Earnings • Aug 29
First half 2021 earnings released: EPS CN¥0.47 (vs CN¥0.28 in 1H 2020) The company reported a solid first half result with improved earnings and revenues, although profit margins were weaker. First half 2021 results: Revenue: CN¥79.8b (up 111% from 1H 2020). Net income: CN¥2.91b (up 66% from 1H 2020). Profit margin: 3.7% (down from 4.6% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 04
Upcoming dividend of HK$0.49 per share Eligible shareholders must have bought the stock before 11 June 2021. Payment date: 30 July 2021. Trailing yield: 5.6%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.9%). Announcement • May 27
Seazen Group Limited Announces Final Dividend for the Year Ended 31 December 2020 The board of directors of Seazen Group Limited announced that the Company will distribute the final dividend of RMB 0.41 per share of the Company (the ‘Share’) for the year ended 31 December 2020 (the ‘Dividend’) to shareholders of the Company (the ‘Shareholders’) whose names appear on the register of members of the Company on 18 June 2021 in Hong Kong dollars based on the exchange rate of HKD 1.00 to RMB 0.82936, which is the average middle rate between RMB and HKD as announced by the People's Bank of China for the business days during the period from 20 May 2021 to 24 May 2021. The said Dividend is equivalent to HKD 0.49436 per Share. The dividend warrants will be posted by ordinary mail to the Shareholders who are entitled to receive the Dividend at their own risk on 30 July 2021. Reported Earnings • Apr 24
Full year 2020 earnings released: EPS CN¥1.65 (vs CN¥1.32 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥146.1b (up 68% from FY 2019). Net income: CN¥10.2b (up 30% from FY 2019). Profit margin: 7.0% (down from 9.0% 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 24% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Apr 13
Non-Executive Director recently sold €833k worth of stock On the 9th of April, Shengman Zhang sold around 800k shares on-market at roughly €1.04 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €4.9m more than they sold in the last 12 months. Announcement • Mar 28
Seazen Group Limited Provides Sales Guidance for 2021 Seazen Group Limited provided sales guidance for 2021. For 2021, the Group's target for contracted sales is RMB 260 billion. Reported Earnings • Mar 27
Full year 2020 earnings released: EPS CN¥1.65 (vs CN¥1.32 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥146.1b (up 68% from FY 2019). Net income: CN¥10.2b (up 30% from FY 2019). Profit margin: 7.0% (down from 9.0% 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 24% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Feb 23
Seazen Group Limited to Report Fiscal Year 2020 Results on Mar 26, 2021 Seazen Group Limited announced that they will report fiscal year 2020 results on Mar 26, 2021 Is New 90 Day High Low • Feb 20
New 90-day high: €0.81 The company is up 16% from its price of €0.70 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.36 per share. Is New 90 Day High Low • Jan 26
New 90-day high: €0.80 The company is up 27% from its price of €0.63 on 28 October 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.84 per share. Recent Insider Transactions • Jan 13
Insider recently bought €5.7m worth of stock On the 5th of January, Zhenhua Wang bought around 9m shares on-market at roughly €0.63 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Is New 90 Day High Low • Jan 06
New 90-day low: €0.63 The company is down 13% from its price of €0.71 on 08 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.58 per share. Is New 90 Day High Low • Oct 21
New 90-day low: €0.69 The company is down 18% from its price of €0.84 on 22 July 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.96 per share. Announcement • Aug 12
Seazen Group Limited to Report First Half, 2020 Results on Aug 21, 2020 Seazen Group Limited announced that they will report first half, 2020 results on Aug 21, 2020 
