Announcement • May 14
Ev Dynamics (Holdings) Limited has completed a Follow-on Equity Offering in the amount of HKD 1.9968 million. Ev Dynamics (Holdings) Limited has completed a Follow-on Equity Offering in the amount of HKD 1.9968 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,840,000
Price\Range: HKD 0.52 Announcement • May 04
Ev Dynamics (Holdings) Limited has filed a Follow-on Equity Offering in the amount of HKD 1.9968 million. Ev Dynamics (Holdings) Limited has filed a Follow-on Equity Offering in the amount of HKD 1.9968 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,840,000
Price\Range: HKD 0.52 Announcement • Apr 24
Ev Dynamics (Holdings) Limited has completed a Follow-on Equity Offering in the amount of HKD 1.96096 million. Ev Dynamics (Holdings) Limited has completed a Follow-on Equity Offering in the amount of HKD 1.96096 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,830,000
Price\Range: HKD 0.512 Announcement • Apr 17
Ev Dynamics (Holdings) Limited has filed a Follow-on Equity Offering in the amount of HKD 1.96096 million. Ev Dynamics (Holdings) Limited has filed a Follow-on Equity Offering in the amount of HKD 1.96096 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,830,000
Price\Range: HKD 0.512 New Risk • Jan 10
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 Hong Kong stocks, typically moving 9.3% 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 Shareholders have been substantially diluted in the past year (59% increase in shares outstanding). Revenue is less than US$1m (HK$6.2m revenue, or US$790k). Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$100m (HK$263.1m market cap, or US$33.8m). New Risk • Dec 10
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: HK$1.1m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Revenue is less than US$1m (HK$6.2m revenue, or US$791k). Minor Risks Significant insider selling over the past 3 months (HK$1.1m sold). Market cap is less than US$100m (HK$237.6m market cap, or US$30.5m). Announcement • Dec 01
Ev Dynamics (Holdings) Limited has completed a Follow-on Equity Offering in the amount of HKD 15.6 million. Ev Dynamics (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: 20,000,000
Price\Range: HKD 0.78
Discount Per Security: HKD 0.0117
Transaction Features: Subsequent Direct Listing Reported Earnings • Dec 01
First half 2026 earnings released: HK$0.071 loss per share (vs HK$0.22 loss in 1H 2025) First half 2026 results: HK$0.071 loss per share (improved from HK$0.22 loss in 1H 2025). Net loss: HK$16.2m (loss narrowed 61% from 1H 2025). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Announcement • Nov 19
Ev Dynamics (Holdings) Limited to Report First Half, 2026 Results on Nov 28, 2025 Ev Dynamics (Holdings) Limited announced that they will report first half, 2026 results on Nov 28, 2025 Announcement • Nov 11
Ev Dynamics (Holdings) Limited has filed a Follow-on Equity Offering in the amount of HKD 20.28 million. Ev Dynamics (Holdings) Limited has filed a Follow-on Equity Offering in the amount of HKD 20.28 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 26,000,000
Price\Range: HKD 0.78
Discount Per Security: HKD 0.0117
Transaction Features: Subsequent Direct Listing New Risk • Sep 13
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 55% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Revenue is less than US$1m (HK$3.0m revenue, or US$387k). Minor Risks Significant insider selling over the past 3 months (HK$1.8m sold). Market cap is less than US$100m (HK$258.3m market cap, or US$33.2m). Announcement • Sep 11
Ev Dynamics (Holdings) Limited has completed a Follow-on Equity Offering in the amount of HKD 27 million. Ev Dynamics (Holdings) Limited has completed a Follow-on Equity Offering in the amount of HKD 27 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 60,000,000
Price\Range: HKD 0.45
Transaction Features: Subsequent Direct Listing Board Change • Sep 03
Less than half of directors are independent Following Executive Director Zhang Yan's arrival on 01 September 2025, 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 Kwok Leung Lee was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 01
Ev Dynamics (Holdings) Limited Announces Appointment of Yan Zhang Yan as an Executive Director, Effective 1 September 2025 The board of directors of Ev Dynamics (Holdings) Limited announced that with effect from 1 September 2025, Mr. Yan Zhang Yan (Mr. Yan) was appointed as an executive Director of the Company. Mr. Yan, aged 28, specializes in the fields of digitalization and intelligent interactive technology of construction machinery. He holds a bachelor’s degree in Applied Economics and master of Fine Arts in Interactive Media from the Macau University of Science And Technology. Since 2022, Mr. Yan has served as a technical consultant for a technology company based in China, which focuses on the research and development of new energy technologies, new materials technologies, special electronic materials, and energy storage technology services. During this period, Mr. Yan participated in a number of intelligent control system optimization, digital interaction design of user interfaces, and remote monitoring technology projects for engineering equipment, thereby improving operational efficiency and overall user experience. Mr. Yan is currently pursuing a doctor of philosophy in Digital Media at Macau University of Science and Technology. His research interests include the application of human-computer interaction technology in industrial scenarios, the integration of virtual-reality fusion systems and intelligent engineering machinery. An appointment letter was entered into between Mr. Yan and the Company for a term of 2 years commencing from 1 September 2025 and is subject to retirement by rotation and re-election at the forthcoming annual general meeting of the Company in accordance with the Bye-laws. Announcement • Aug 01
Ev Dynamics (Holdings) Limited Auditor Raises 'Going Concern' Doubt Ev Dynamics (Holdings) Limited filed its Annual on Jul 30, 2025 for the period ending Mar 31, 2025. In this report its auditor, BDO LLP, gave a qualified opinion expressing doubt that the company can continue as a going concern. Reported Earnings • Jul 31
Full year 2025 earnings released: HK$1.93 loss per share (vs HK$1.72 loss in FY 2024) Full year 2025 results: HK$1.93 loss per share (further deteriorated from HK$1.72 loss in FY 2024). Net loss: HK$372.0m (loss widened 17% from FY 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Announcement • Jul 30
Ev Dynamics (Holdings) Limited, Annual General Meeting, Sep 29, 2025 Ev Dynamics (Holdings) Limited, Annual General Meeting, Sep 29, 2025, at 11:30 China Standard Time. Location: 2102, world-wide house, no. 19 des voeux road central, central., Hong Kong Announcement • Jul 19
Ev Dynamics (Holdings) Limited has filed a Follow-on Equity Offering in the amount of HKD 27 million. Ev Dynamics (Holdings) Limited has filed a Follow-on Equity Offering in the amount of HKD 27 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 60,000,000
Price\Range: HKD 0.45
Transaction Features: Subsequent Direct Listing New Risk • Jul 10
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 Hong Kong stocks, typically moving 18% 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 (18% average weekly change). Revenue is less than US$1m (HK$3.0m revenue, or US$384k). Minor Risks Shareholders have been diluted in the past year (22% increase in shares outstanding). Market cap is less than US$100m (HK$133.9m market cap, or US$17.1m). Reported Earnings • Jul 02
Full year 2025 earnings released: HK$1.93 loss per share (vs HK$1.72 loss in FY 2024) Full year 2025 results: HK$1.93 loss per share (further deteriorated from HK$1.72 loss in FY 2024). Net loss: HK$372.0m (loss widened 17% from FY 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings. New Risk • Jul 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (22% increase in shares outstanding). Revenue is less than US$5m (HK$8.8m revenue, or US$1.1m). Market cap is less than US$100m (HK$89.7m market cap, or US$11.4m). Announcement • Jun 18
Ev Dynamics (Holdings) Limited to Report Fiscal Year 2025 Results on Jun 30, 2025 Ev Dynamics (Holdings) Limited announced that they will report fiscal year 2025 results at 9:30 AM, China Standard Time on Jun 30, 2025 New Risk • May 13
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 Hong Kong stocks, typically moving 16% 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 Risk Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Shareholders have been diluted in the past year (22% increase in shares outstanding). Revenue is less than US$5m (HK$8.8m revenue, or US$1.1m). Market cap is less than US$100m (HK$89.7m market cap, or US$11.5m). New Risk • May 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 22% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (HK$65.8m market cap, or US$8.46m). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (22% increase in shares outstanding). Revenue is less than US$5m (HK$8.8m revenue, or US$1.1m). Announcement • May 09
Ev Dynamics (Holdings) Limited has completed a Follow-on Equity Offering in the amount of HKD 8.1 million. Ev Dynamics (Holdings) Limited has completed a Follow-on Equity Offering in the amount of HKD 8.1 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 27,000,000
Price\Range: HKD 0.3
Discount Per Security: HKD 0.009
Transaction Features: Subsequent Direct Listing Announcement • Apr 17
Ev Dynamics (Holdings) Limited has filed a Follow-on Equity Offering in the amount of HKD 8.1 million. Ev Dynamics (Holdings) Limited has filed a Follow-on Equity Offering in the amount of HKD 8.1 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 27,000,000
Price\Range: HKD 0.3
Discount Per Security: HKD 0.009
Transaction Features: Subsequent Direct Listing New Risk • Feb 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 Hong Kong stocks, typically moving 14% 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 Less than 1 year of cash runway based on free cash flow trend (-HK$15m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Market cap is less than US$10m (HK$69.0m market cap, or US$8.88m). Minor Risk Revenue is less than US$5m (HK$8.8m revenue, or US$1.1m). New Risk • Jan 14
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 Hong Kong stocks, typically moving 11% 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 Less than 1 year of cash runway based on free cash flow trend (-HK$15m free cash flow). Market cap is less than US$10m (HK$66.0m market cap, or US$8.48m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (7.8% increase in shares outstanding). Revenue is less than US$5m (HK$8.8m revenue, or US$1.1m). Reported Earnings • Dec 03
First half 2025 earnings released: HK$0.22 loss per share (vs HK$0.54 loss in 1H 2024) First half 2025 results: HK$0.22 loss per share (improved from HK$0.54 loss in 1H 2024). Net loss: HK$41.2m (loss narrowed 59% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 54% per year, which means it is significantly lagging earnings. New Risk • Nov 30
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: HK$8.8m (US$1.1m) This is considered a minor risk. Companies with a small amount of revenue 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: Minor Risks Shareholders have been diluted in the past year (7.8% increase in shares outstanding). Revenue is less than US$5m (HK$8.8m revenue, or US$1.1m). Market cap is less than US$100m (HK$81.0m market cap, or US$10.4m). Announcement • Nov 19
Ev Dynamics (Holdings) Limited to Report First Half, 2025 Results on Nov 29, 2024 Ev Dynamics (Holdings) Limited announced that they will report first half, 2025 results on Nov 29, 2024 New Risk • Nov 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$18.2m (US$2.34m) This is considered a major 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 Earnings have declined by 4.0% per year over the past 5 years. Market cap is less than US$10m (HK$18.2m market cap, or US$2.34m). Minor Risk Shareholders have been diluted in the past year (7.8% increase in shares outstanding). Buy Or Sell Opportunity • Nov 12
Now 127% overvalued after recent price rise Over the last 90 days, the stock has risen 442% to HK$0.46. The fair value is estimated to be HK$0.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 64%. New Risk • Nov 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.0% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (7.8% increase in shares outstanding). Market cap is less than US$100m (HK$94.0m market cap, or US$12.1m). Board Change • Sep 12
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 Kwok Leung Lee was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 05
Ev Dynamics (Holdings) Limited Announces Appointment of Sun Jingchun as an Executive Director The board of directors of Ev Dynamics (Holdings) Limited announced that with effect from 5 September 2024, Mr. Sun Jingchun was appointed as an executive Director of the Company. The biographical details of Mr. Sun are set out below: Mr. Sun, aged 63, obtained a bachelor's degree in radio technology and information system in July 1983 and a master's degree in communication and electronic system in April 1986, both from Tsinghua University in Beijing, the PRC. Mr. Sun has over 30 years of experience in enterprise establishment, management and market development. Mr. Sun is currently the director of EVD New Energy Company Limited, a subsidiary of the Company. Prior to his joining in June 2024, from January 2021 to May 2024, Mr. Sun served as the chairman and the chief executive officer of Starry Holdings Ltd., a company engaged in research and development of smart terminals and 5G private network products, as well as sales of electric vehicles and chargers, and energy storage systems in the global market. From February 2019 to March 2020, Mr. Sun had served as the chief operating officer of the Company. From September 2007 to 2018, he was the founding partner and chairman of Yellowstone Capital, a private equity fund focusing on the investment in TMT and new energy industry. From December 1999 to June 2006, he was the founder, chairman and chief executive officer of Cellon International Holding Corp., the pioneer in mobile phone design, providing one-stop design and production for mobile phone manufacturers worldwide. From January 1993 to November 1999, he was the founder and president of China Dragon Electronics Co. Ltd., which was engaged in design, development and supply of large scale/ultra large scale integrated circuits to Chinese domestic customers. New Risk • Sep 03
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 Hong Kong stocks, typically moving 9.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 4.0% per year over the past 5 years. Market cap is less than US$10m (HK$77.9m market cap, or US$10.00m). Minor Risk Share price has been volatile over the past 3 months (9.4% average weekly change). Announcement • Sep 03
Ev Dynamics (Holdings) Limited announced that it expects to receive HKD 5 million in funding Ev Dynamics (Holdings) Limited announced that it has entered into Subscription Agreement, pursuant to which the Company has conditionally agreed to issue and the Subscriber has conditionally agreed to subscribe for the Convertible Notes in an aggregate principal amount of HKD 5,000,000 on September 2, 2024. Any amounts of the Convertible Notes which remain outstanding shall carry interest at the rate of 4% per annum compounding annually. Any accrued but unpaid interest will be paid semi-annually in arrears on 30 June and 31 December in each year. In the event any interest period would end on a day not being a Business Day, it shall instead end on the next succeeding Business Day. Based on the initial Conversion Price of HKD 0.1, a maximum number of 50,000,000 Conversion Shares shall be allotted and issued upon exercise in full of the conversion rights. Announcement • Jul 27
Ev Dynamics (Holdings) Limited has filed a Follow-on Equity Offering in the amount of HKD 144.91935 million. Ev Dynamics (Holdings) Limited has filed a Follow-on Equity Offering in the amount of HKD 144.91935 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,525,466,844
Price\Range: HKD 0.095
Transaction Features: Rights Offering Announcement • Jul 22
Ev Dynamics (Holdings) Limited, Annual General Meeting, Aug 15, 2024 Ev Dynamics (Holdings) Limited, Annual General Meeting, Aug 15, 2024, at 11:30 China Standard Time. Location: boardroom 5, m/f, renaissance harbour view hotel hong kong, 1 harbour road, wanchai, Hong Kong Reported Earnings • Jun 28
Full year 2024 earnings released: HK$0.34 loss per share (vs HK$0.089 loss in FY 2023) Full year 2024 results: HK$0.34 loss per share (further deteriorated from HK$0.089 loss in FY 2023). Net loss: HK$319.3m (loss widened 294% from FY 2023). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 61% per year, which means it is significantly lagging earnings. Announcement • Jun 18
Ev Dynamics (Holdings) Limited to Report Fiscal Year 2024 Final Results on Jun 27, 2024 Ev Dynamics (Holdings) Limited announced that they will report fiscal year 2024 final results on Jun 27, 2024 Announcement • Nov 24
Ev Dynamics (Holdings) Limited Provides Group Earnings Guidance for the Six Months Ended 30 September 2023 Ev Dynamics (Holdings) Limited provided group earnings guidance for the six months ended 30 September 2023. for the six months, the Group expects to record a loss attributable to owners of the Company of approximately HKD 94.3 million to HKD 104.2 million for the six months ended 30 September 2023, as compared to the loss attributable to owners of the Company of approximately HKD 38.3 million for the six months ended 30 September 2022. Based on the information currently available, such expected increase in the loss was primarily attributable to the increase in loss on change in fair value of financial assets at fair value through profit or loss as compared with the corresponding period in 2022. Announcement • Jul 26
Ev Dynamics (Holdings) Limited, Annual General Meeting, Aug 29, 2023 Ev Dynamics (Holdings) Limited, Annual General Meeting, Aug 29, 2023, at 15:00 China Standard Time. Location: 24th Floor, Admiralty Centre 1, 18 Harcourt Road Hong Kong Hong Kong Agenda: To consider the adopt the 2023 Share Option Scheme with terms prepared in accordance with the Amended Rules; and to consider the proposal of amending the 2019 Share Award Plan to bring it in line with the Amended Rules. Reported Earnings • Jul 01
Full year 2023 earnings released: HK$0.01 loss per share (vs HK$0.046 loss in FY 2022) Full year 2023 results: HK$0.01 loss per share (improved from HK$0.046 loss in FY 2022). Net loss: HK$81.2m (loss narrowed 80% from FY 2022). 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 11% per year, which means it is significantly lagging earnings. New Risk • Jun 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 30% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Shareholders have been diluted in the past year (3.0% increase in shares outstanding). Revenue is less than US$5m (HK$21m revenue, or US$2.7m). Market cap is less than US$100m (HK$306.2m market cap, or US$39.1m). Announcement • Jun 16
Ev Dynamics (Holdings) Limited to Report Fiscal Year 2023 Results on Jun 29, 2023 Ev Dynamics (Holdings) Limited announced that they will report fiscal year 2023 results on Jun 29, 2023 Announcement • May 16
Ev Dynamics (Holdings) Limited Announces Executive Changes The board of directors of Ev Dynamics (Holdings) Limited announced that Ms. Lo Lai Man has tendered her resignation as the company secretary and ceased to act as an authorised representative of the Company on The Stock Exchange of Hong Kong Limited with effect from 15 May 2023 but will remain as a consultant of the Company so as to devote more time to her family and personal affairs. Following the resignation of Ms. Lo, the Board announced that Mr. Leung Wai Chun, the chief financial officer of the Company, has been appointed as the Company Secretary and Authorised Representative with effect from 15 May 2023. Mr. Leung, age 58, joined the Company in 2001 and is presently the chief financial officer of the Company. He held a MBA degree from The California State University of USA and a bachelor’s degree majoring in Accountancy from The University of Southern Queensland of Australia. He is a member of the Hong Kong Institute of Certified Public Accountants and CPA Australia. He has over 30 years of experience in accounting, finance management, investment and corporate related matters. Reported Earnings • Dec 01
First half 2023 earnings released: HK$0.004 loss per share (vs HK$0.006 loss in 1H 2022) First half 2023 results: HK$0.004 loss per share (improved from HK$0.006 loss in 1H 2022). Net loss: HK$38.3m (loss narrowed 23% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 28% per year whereas the company’s share price has fallen by 26% per year. Announcement • Nov 17
Ev Dynamics (Holdings) Limited to Report Q2, 2023 Results on Nov 30, 2022 Ev Dynamics (Holdings) Limited announced that they will report Q2, 2023 results on Nov 30, 2022 Announcement • Oct 21
Ev Dynamics (Holdings) Limited announced that it expects to receive HKD 200 million in funding from Advance Capital Partners Asset Management Private Limited, ZICO Asset Management Pte. Ltd. Ev Dynamics (Holdings) Limited announced that it has entered into a subscription agreement with the investors for private placement of 2% redeemable convertible notes for HKD 200,000,000 on October 20, 2022. The transaction will include participation from Advance Opportunities Fund, a fund managed by Advance Capital Partners Asset Management Private Limited and Advance Opportunities Fund I, a fund managed by ZICO Asset Management Pte. Ltd. The Convertible Notes comprise one tranche with an aggregate nominal value of HKD 200,000,000 with 40 equal sub-tranches of HKD 5,000,000 each. The Convertible Notes will be issued by the Company under the Specific Mandate. The maximum number of Conversion Shares convertible under the Convertible Notes shall be 1,800,000,000 Conversion Shares, representing approximately 19.98% of the issued share capital of the Company as at the date of this announcement and approximately 16.65% of the issued share capital of the Company as enlarged by the issue of the Maximum Conversion Shares upon conversion of the Convertible Notes. The company will incur expenses of HKD 12,000,000 in the transaction and received net proceeds of HKD 188,000,000. The company will pay an 6% administration fee to upon completion of each sub tranche. The transaction has been approved by the regulatory authority and shareholders. The notes will not be transferred in whole or part. Announcement • Jul 28
Ev Dynamics (Holdings) Limited, Annual General Meeting, Aug 26, 2022 Ev Dynamics (Holdings) Limited, Annual General Meeting, Aug 26, 2022, at 15:00 China Standard Time. Location: 24th Floor, Admiralty Centre 1, 18 Harcourt Road Hong Kong Hong Kong Agenda: To receive and consider the audited consolidated financial statements and the reports of the directors and auditors for the year ended 31 March 2022; to re-elect directors; to authorise the board of directors to fix the remuneration of the directors; to re-appoint the auditors and to authorise the board of directors to fix their remuneration. Reported Earnings • Jul 01
Full year 2022 earnings released: HK$0.05 loss per share (vs HK$0.11 loss in FY 2021) Full year 2022 results: HK$0.05 loss per share (up from HK$0.11 loss in FY 2021). Net loss: HK$408.3m (loss narrowed 48% from FY 2021). 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 18% per year, which means it has not declined as severely as earnings. Announcement • Jun 25
Ev Dynamics (Holdings) Limited Announces Earnings Guidance for the Year Ended March 31, 2022 Ev Dynamics (Holdings) Limited announced earnings guidance for the year ended MArch 31, 2022. For the year, the company expected to record a loss attributable to owners of the Company of approximately HKD 394 million to HKD 436 million for the year ended 31 March 2022, as compared to the loss attributable to owners of the Company of HKD 780.5 million for the corresponding period of last year. Such decrease in the loss is primarily attributable to decrease in the impairment loss on the mining assets in Guangxi, the PRC. Announcement • Jun 17
Ev Dynamics (Holdings) Limited to Report Fiscal Year 2022 Results on Jun 29, 2022 Ev Dynamics (Holdings) Limited announced that they will report fiscal year 2022 results on Jun 29, 2022 Announcement • May 18
Ev Dynamics Begins Delivery of 40 Custom 7.5-Meter Electric Vans to New Public Mobility Customer in Spain Ev Dynamics (Holdings) Limited has begun the initial deliveries of 40 custom 7.5-meter electric powered vans ordered by a public mobility customer in Spain. Ev Dynamicsdeveloped and manufactured an integrated cabin and e-platform chassis that will enable the customer to easily add the main compartment and fittings according to its localized requirements. As the new 7.5-meter vans arrive in Spain, the customer will configure them into school buses for use by the country’s public urban transportation system. Configuration of the first two buses were recently completed and are undergoing road testing prior to entering service. This innovative approach dramatically reduces the traditional development costs and regulatory approvals required to introduce new NEV designs and establish specialized NEV manufacturing facilities. Announcement • Jan 12
Ev Dynamics (Holdings) Limited announced that it expects to receive HKD 600 million in funding from Advance Capital Partners Asset Management Private Limited Ev Dynamics (Holdings) Limited announced that it has entered into a non-legally binding Indicative Term Sheet with Advance Opportunities Fund and/or group of funds through its nominated manager for a private placement of Convertible Notes for a gross proceeds of up to HKD 600,000,000 on January 11, 2022. The notes carry a coupon rate of 2% and are redeemable at the option of the company and convertible into common share of the company. The notes have a tenure of 36 months from the date of first close. The principle amount of HKD 600,000,000 will be receive in three equal tranches and first tranche being HKD 200,000,000 with 40 equal sub-tranches of HKD 5,000,000 each, and second tranche being HKD 200,000,000 with 40 equal sub-tranches of HKD 5,000,000 each, and the third tranche being HKD 200,000,000 with 40 equal sub-tranches of HKD 5,000,000 each. The subscriber has the discretion anytime from and including the respective closing dates of the tranches up to the close of business on the day falling one week prior to the final maturity date, to decide on the dates to convert the convertible notes. The number of Shares available for conversion under the First Tranche shall not exceed 1.8 billion shares. The convertible notes shall be converted into new shares at the discretion of the subscriber at a conversion price of 90% of the average of the closing prices per share on any 3 consecutive business days during the 30 business days immediately preceding the relevant conversion date of the convertible notes. The conversion price should at all times be higher than the par value of the shares. Reported Earnings • Dec 02
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: HK$0.006 loss per share (down from HK$0.004 loss in 1H 2021). Net loss: HK$49.6m (loss widened 79% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Nov 24
Ev Dynamics Enters N. American New Energy Vehicle Market with Innovative B2B E-Platform Ev Dynamics (Holdings) Limited has expanded its global reach by entering the growing North American NEV market with an innovative solution for manufacturers of buses, coaches, trucks and vans. The B2B solution offers Ev Dynamics’ proprietary e-platform chassis that has been designed especially for the rapid development of electric and hydrogen vehicles. The platform is a complete rolling chassis that houses the drivetrain, battery or hydrogen fuel cell, and vehicle control unit. A traditional coach builder can use an existing vehicle body to produce complete NEVs on their existing manufacturing line simply by replacing the petrol-powered frame with an Ev Dynamics e-platform chassis. Recent Insider Transactions • Aug 25
Insider recently sold HK$1.9m worth of stock On the 19th of August, Feng Li sold around 19m shares on-market at roughly HK$0.10 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of HK$13m more than they bought in the last 12 months. Board Change • Aug 25
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Yee Tan was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Executive Departure • Aug 24
Independent Non-Executive Director Guang Hu has left the company On the 20th of August, Guang Hu's tenure as Independent Non-Executive Director ended after 17.0 years in the role. We don't have any record of a personal shareholding under Guang's name. A total of 2 executives have left over the last 12 months. Reported Earnings • Jul 03
Full year 2021 earnings released: HK$0.11 loss per share (vs HK$0.021 loss in FY 2020) Full year 2021 results: Net loss: HK$780.5m (loss widened 432% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Jun 26
China Dynamics (Holdings) Limited Provides Earnings Guidance for the Year Ended March 31, 2021 China Dynamics (Holdings) Limited provided earnings guidance for the year ended March 31, 2021. For the period, the Group expects the loss for the year ended 31 March 2021 will be enlarged as compared with the year ended 31 March 2020. Such loss is mainly attributable to an impairment loss on the mining assets in Guangxi, the PRC, of approximately HKD 700 million. The mining assets were stated at fair value calculated by a qualified independent valuer engaged by the Company. The decrease in fair value of the mining assets was due to the multiple effects on the assumptions made by the Company and the Valuer, including the increase in discount rate and costs growth rate and the decrease in income growth rate, after taking into account the uncertainty and fluctuation of global demand during the outbreak of COVID-19 pandemic. Such impairment loss are non-cash items and will not affect the cash flow of the Group. Announcement • Dec 23
China Dynamics (Holdings) Limited Removes Zhou Jin Kai as A Director China Dynamics (Holdings) Limited announced that Mr. Zhou Jin Kai was removed as a director of the company with effect from December 22, 2020. Reported Earnings • Dec 19
First half 2021 earnings released: HK$0.004 loss per share First half 2021 results: Net loss: HK$27.7m (loss narrowed 22% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Reported Earnings • Dec 04
First half 2021 earnings released: HK$0.004 loss per share First half 2021 results: Net loss: HK$27.7m (loss narrowed 22% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Nov 26
Non-Executive Director recently sold HK$8.3m worth of stock On the 24th of November, Jin Kai Zhou sold around 109m shares on-market at roughly HK$0.076 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of HK$11m more than they bought in the last 12 months. Announcement • Nov 19
China Dynamics (Holdings) Limited to Report First Half, 2021 Results on Nov 30, 2020 China Dynamics (Holdings) Limited announced that they will report first half, 2021 results on Nov 30, 2020 Announcement • Oct 30
China Dynamics (Holdings) Limited Announces Executive Changes China Dynamics (Holdings) Limited announced that Mr. Cheung Ngan, Mr. Miguel Valldecabres, Mr. Chan Francis Ping Kuen, Mr. Hu Guang and Dato' Tan Yee Boo be removed as a directors of the Company with immediate effect upon passing of this resolution. The company also announced that Mr. Zhou Jin Kai be re-designated as an Executive director from a Non-executive Director of the Company with immediate effect upon passing this resolution. Recent Insider Transactions • Oct 22
Non-Executive Director recently sold HK$3.1m worth of stock On the 21st of October, Jin Kai Zhou sold around 39m shares on-market at roughly HK$0.078 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Announcement • Oct 13
China Dynamics (Holdings) Limited Appoints Johann Young as an Executive Director and Deputy Chairman China Dynamics (Holdings) Limited announced that upon the completion of the Subscription under Subscription Agreement I, Dato' Sri Johann Young ("Dato' Sri Young"), the ultimate beneficial owner of Y Dynamics Limited (Subscriber I), will join the Board as an executive Director and deputy chairman of the Company. Announcement • Jun 16
China Dynamics (Holdings) Limited to Report Fiscal Year 2020 Results on Jun 26, 2020 China Dynamics (Holdings) Limited announced that they will report fiscal year 2020 results on Jun 26, 2020 