Announcement • Jul 17
Luxxu Group Limited Announces Resignation of Yang Xi as Executive Director and Member of Remuneration Committee, Effective July 14, 2026 Luxxu Group Limited announced that Mr. Yang Xi resigned as an executive Director of the Company under Rule 3.05 of the Rule Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited due to his personal development and other business engagements, effective July 14, 2026. Mr. Yang Xi ceased to be the member of remuneration committee with effect from July 14, 2026. New Risk • Jun 05
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 21% 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 (21% average weekly change). Minor Risk Market cap is less than US$100m (HK$161.7m market cap, or US$20.6m). Announcement • Jun 05
Luxxu Group Limited has filed a Follow-on Equity Offering in the amount of HKD 21.56544 million. Luxxu Group Limited has filed a Follow-on Equity Offering in the amount of HKD 21.56544 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 43,130,880
Price\Range: HKD 0.5
Discount Per Security: HKD 0.015
Transaction Features: Subsequent Direct Listing Announcement • Apr 30
Luxxu Group Limited, Annual General Meeting, Jun 26, 2026 Luxxu Group Limited, Annual General Meeting, Jun 26, 2026, at 11:30 China Standard Time. Location: portion 2, 12/f., the center, 99 queens road central, central, Hong Kong New Risk • Apr 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 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (HK$159.6m market cap, or US$20.4m). New Risk • Mar 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Revenue is less than US$5m (CN¥29m revenue, or US$4.2m). Market cap is less than US$100m (HK$120.8m market cap, or US$15.4m). Announcement • Mar 11
Luxxu Group Limited to Report Fiscal Year 2025 Results on Mar 30, 2026 Luxxu Group Limited announced that they will report fiscal year 2025 results on Mar 30, 2026 Reported Earnings • Sep 02
First half 2025 earnings released: CN¥0.035 loss per share (vs CN¥0.096 loss in 1H 2024) First half 2025 results: CN¥0.035 loss per share (improved from CN¥0.096 loss in 1H 2024). Revenue: CN¥21.4m (down 3.3% from 1H 2024). Net loss: CN¥5.59m (loss narrowed 48% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Announcement • Aug 09
Luxxu Group Limited to Report First Half, 2025 Results on Aug 29, 2025 Luxxu Group Limited announced that they will report first half, 2025 results on Aug 29, 2025 New Risk • May 14
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 100% 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 Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Market cap is less than US$10m (HK$38.6m market cap, or US$4.95m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Revenue is less than US$5m (CN¥29m revenue, or US$4.1m). Announcement • May 09
Luxxu Group Limited has completed a Follow-on Equity Offering in the amount of HKD 16.17408 million. Luxxu Group Limited has completed a Follow-on Equity Offering in the amount of HKD 16.17408 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 39,829,808
Price\Range: HKD 0.15
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 67,997,392
Price\Range: HKD 0.15
Transaction Features: Rights Offering Buy Or Sell Opportunity • May 09
Now 24% overvalued Over the last 90 days, the stock has fallen 33% to HK$0.18. The fair value is estimated to be HK$0.14, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 40% over the last 3 years. Earnings per share has grown by 9.0%. Announcement • Apr 30
Luxxu Group Limited, Annual General Meeting, Jun 20, 2025 Luxxu Group Limited, Annual General Meeting, Jun 20, 2025, at 11:30 China Standard Time. Location: portion 2, 12/f., the center, 99 queens road central, central Hong Kong Reported Earnings • Mar 30
Full year 2024 earnings released: CN¥0.096 loss per share (vs CN¥0.37 loss in FY 2023) Full year 2024 results: CN¥0.096 loss per share. Revenue: CN¥29.4m (down 7.3% from FY 2023). Net loss: CN¥52.0m (loss widened 31% from FY 2023). New Risk • Mar 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Market cap is less than US$10m (HK$16.9m market cap, or US$2.18m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Revenue is less than US$5m (CN¥26m revenue, or US$3.7m). Announcement • Mar 13
Luxxu Group Limited to Report Fiscal Year 2024 Results on Mar 28, 2025 Luxxu Group Limited announced that they will report fiscal year 2024 results on Mar 28, 2025 New Risk • Mar 07
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 Share price has been highly volatile over the past 3 months (14% average weekly change). Market cap is less than US$10m (HK$21.6m market cap, or US$2.77m). Minor Risk Revenue is less than US$5m (CN¥26m revenue, or US$3.7m). Announcement • Dec 02
Luxxu Group Limited has filed a Follow-on Equity Offering in the amount of HKD 16.17408 million. Luxxu Group Limited has filed a Follow-on Equity Offering in the amount of HKD 16.17408 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 107,827,200
Price\Range: HKD 0.15
Transaction Features: Rights Offering Announcement • Aug 09
Luxxu Group Limited to Report First Half, 2024 Results on Aug 30, 2024 Luxxu Group Limited announced that they will report first half, 2024 results on Aug 30, 2024 New Risk • Aug 01
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 Risk Market cap is less than US$10m (HK$30.7m market cap, or US$3.93m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (CN¥32m revenue, or US$4.4m). Announcement • May 05
Luxxu Group Limited, Annual General Meeting, Jun 21, 2024 Luxxu Group Limited, Annual General Meeting, Jun 21, 2024, at 11:00 China Standard Time. Location: Portion 2, 12/F., The Center, 99 Queen's Road Central, Central, Hong Kong Hong Kong Hong Kong Agenda: To receive, consider and adopt the audited consolidated financial statements of the Company and its subsidiaries together with the reports of the directors (the ``Directors'') and the auditors of the Company thereon for the year ended 31 December 2023; to re-elect Mr. Liang Yanhuang as an executive Director; to re-elect Mr. Yang Xi as an executive Director; to re-elect Ms. Duan Baili as an independent non-executive Director; and to consider other matters. Reported Earnings • Mar 29
Full year 2023 earnings released: CN¥0.073 loss per share (vs CN¥0.089 loss in FY 2022) Full year 2023 results: CN¥0.073 loss per share (improved from CN¥0.089 loss in FY 2022). Revenue: CN¥31.7m (down 51% from FY 2022). Net loss: CN¥39.5m (loss narrowed 18% from FY 2022). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. New Risk • Mar 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. 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 Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Market cap is less than US$10m (HK$51.8m market cap, or US$6.62m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Announcement • Mar 07
Luxxu Group Limited to Report Fiscal Year 2023 Results on Mar 27, 2024 Luxxu Group Limited announced that they will report fiscal year 2023 results on Mar 27, 2024 Announcement • Oct 17
Luxxu Group Limited Appoints Liang Yanhuang as an Executive Director The board of directors of Luxxu Group Limited announced that with effect from 13 October 2023, Mr. Liang Yanhuang (Mr. Liang) has been appointed as an executive director of the company. Mr. Liang Yanhuang, aged 47, has over 20 years of work experience in marketing industry. He has extensive experience in formulation and execution of sales and marketing strategy and corporate management and has extensive business networks in different industries. Upon the appointment as executive Director, Mr. Liang is responsible for business developments and general administrative matters. Reported Earnings • Sep 02
First half 2023 earnings released: CN¥0.034 loss per share (vs CN¥0.031 loss in 1H 2022) First half 2023 results: CN¥0.034 loss per share (further deteriorated from CN¥0.031 loss in 1H 2022). Revenue: CN¥27.3m (down 49% from 1H 2022). Net loss: CN¥18.1m (loss widened 8.0% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Announcement • Aug 09
Luxxu Group Limited to Report First Half, 2023 Results on Aug 28, 2023 Luxxu Group Limited announced that they will report first half, 2023 results on Aug 28, 2023 Board Change • Jul 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Non-Executive Director Weili Zhong was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 15
Luxxu Group Limited Resignation of Lee Ting Fung as Executive Director Luxxu Group Limited announced with effect from 14 July 2023 Mr. Lee Ting Fung has resigned as an executive Director and an authorized representative due to his personal development and other business engagements. Announcement • May 26
Luxxu Group Limited, Annual General Meeting, Jun 30, 2023 Luxxu Group Limited, Annual General Meeting, Jun 30, 2023, at 11:00 China Standard Time. Location: Portion 2, 12/F., The Center, 99 Queen's Road Central Central Hong Kong Agenda: To receive, consider and adopt the audited consolidated financial statements of the Company and its subsidiaries together with the reports of the directors (the ``Directors'') and the auditors of the Company thereon for the year ended 31 December 2022; to re-elect the directors; to re-appoint McM (HK) CPA Limited as the auditors of the Company, and to authorize the board of Directors to fix their remuneration; and to consider other business. Announcement • Oct 07
Luxxu Group Limited Announces Executive Changes The board of directors of Luxxu Group Limited announced that with effect from 6 October 2022: Mr. See Ching Chuen has resigned as an executive Director and an authorised representative of the Company under Rule 3.05 of the Rule Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited due to his other business engagements; and Mr. Lee Ting Fung has been appointed as an executive Director and an Authorised Representative of the Company. Biographical details and other information of Mr. Lee is set out below. Mr. Lee Ting Fung, aged 30, has over 10 years of work experience in finance, investment and capital market industry. Prior to joining the Group, Mr. Lee has been the chief executive officer of a sizable company in Hong Kong with over 100 employees, which principally engaged in financial sector. He has extensive experience in event organising, project and corporate management and networks in different industries. He is responsible for business developments and general administrative matters. Under the leadership of Mr. Lee, the Group will actively explore business opportunities that bring value enhancement to shareholders, and strives to enhance the long-term growth potential of the Group and shareholder value. CHANGE OF AUTHORISED REPRESENTATIVE: The Board of the Company further announced that with effect from 6 October 2022: Mr. Lee has been appointed as an Authorised Representative of the Company under Rule 3.05 of the Listing Rules. CHANGE OF COMPOSITION OF BOARD COMMITTEE: The Board further announced that following the resignation of Mr. See as announced above, Mr. See has ceased to be the member of nomination committee with effect from 6 October 2022. Reported Earnings • Aug 31
First half 2022 earnings released: CN¥0.031 loss per share (vs CN¥0.02 loss in 1H 2021) First half 2022 results: CN¥0.031 loss per share (down from CN¥0.02 loss in 1H 2021). Revenue: CN¥53.4m (up 9.1% from 1H 2021). Net loss: CN¥16.7m (loss widened 94% from 1H 2021). 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 2% per year, which means it is significantly lagging earnings. Announcement • Aug 16
Luxxu Group Limited to Report First Half, 2022 Results on Aug 29, 2022 Luxxu Group Limited announced that they will report first half, 2022 results on Aug 29, 2022 Announcement • May 07
Luxxu Group Limited, Annual General Meeting, Jun 09, 2022 Luxxu Group Limited, Annual General Meeting, Jun 09, 2022, at 11:00 China Standard Time. Location: Portion 2, 12/F., The Center, 99 Queen's Road Central Central Hong Kong Agenda: To receive, consider and adopt the audited consolidated financial statements of the Company and its subsidiaries together with the reports of the directors and the auditors of the Company thereon for the year ended 31 December 2021; to re-elect Directors; to authorise the board of Directors to fix their remuneration; to re-appoint McM (HK) CPA Limited as the auditors of the Company, and to authorise the board of Directors to fix their remuneration; and to consider the other resolutions. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Weili Zhong was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 31
Full year 2021 earnings released: CN¥0.093 loss per share (vs CN¥0.39 loss in FY 2020) Full year 2021 results: CN¥0.093 loss per share (up from CN¥0.39 loss in FY 2020). Revenue: CN¥70.7m (up 12% from FY 2020). Net loss: CN¥43.9m (loss narrowed 70% from FY 2020). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Feb 05
Luxxu Group Limited Announces Resignation of Zou Weikang as Executive Director The board of directors of Luxxu Group Limited announced that with effect from 4 February 2022, Mr. Zou Weikang ("Mr. Zou") has resigned as executive director of the Company so as to devote more time to his other business commitment. Mr. Zou has confirmed that he has no claim against the Company in respect of his resignation and has no disagreement with the Board and there is no other matter in relation to his resignation that should be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company. Reported Earnings • Sep 29
First half 2021 earnings released: CN¥0.02 loss per share (vs CN¥0.047 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: CN¥49.0m (up 19% from 1H 2020). Net loss: CN¥8.63m (loss narrowed 47% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 18% 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 • Aug 19
Luxxu Group Limited has completed a Follow-on Equity Offering in the amount of HKD 8.9856 million. Luxxu Group Limited has completed a Follow-on Equity Offering in the amount of HKD 8.9856 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 89,856,000
Price\Range: HKD 0.1
Discount Per Security: HKD 0.0025
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 27
Full year 2020 earnings released: CN¥0.39 loss per share (vs CN¥0.37 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: CN¥62.9m (down 31% from FY 2019). Net loss: CN¥146.2m (loss widened 15% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 28% per year. Announcement • Mar 10
Luxxu Group Limited to Report Fiscal Year 2020 Results on Mar 25, 2021 Luxxu Group Limited announced that they will report fiscal year 2020 results on Mar 25, 2021 Reported Earnings • Oct 01
First half earnings released Over the last 12 months the company has reported total losses of CN¥126.2m, with losses widening by 23% from the prior year. Total revenue was CN¥71.1m over the last 12 months, down 17% from the prior year.