New Risk • May 20
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 Less than 1 year of cash runway based on free cash flow trend (-HK$1.5m free cash flow). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (HK$31m revenue, or US$3.9m). Market cap is less than US$100m (HK$91.0m market cap, or US$11.6m). Announcement • Apr 17
Jimu Group Limited, Annual General Meeting, May 11, 2026 Jimu Group Limited, Annual General Meeting, May 11, 2026, at 11:00 China Standard Time. Location: 22/f., euro trade centre, 13-14 connaught road central, central., Hong Kong New Risk • Mar 28
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -HK$1.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$1.5m free cash flow). Market cap is less than US$10m (HK$77.4m market cap, or US$9.88m). Minor Risk Revenue is less than US$5m (HK$31m revenue, or US$3.9m). Reported Earnings • Mar 28
Full year 2025 earnings released: HK$0.04 loss per share (vs HK$0.091 loss in FY 2024) Full year 2025 results: HK$0.04 loss per share (improved from HK$0.091 loss in FY 2024). Revenue: HK$30.8m (up 174% from FY 2024). Net loss: HK$5.84m (loss narrowed 45% from FY 2024). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Mar 23
Now 24% overvalued Over the last 90 days, the stock has fallen 11% to HK$0.51. The fair value is estimated to be HK$0.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Earnings per share has grown by 43%. Announcement • Mar 16
Jimu Group Limited to Report Fiscal Year 2025 Results on Mar 26, 2026 Jimu Group Limited announced that they will report fiscal year 2025 results on Mar 26, 2026 New Risk • Mar 09
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: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Revenue is less than US$5m (HK$20m revenue, or US$2.6m). Market cap is less than US$100m (HK$84.9m market cap, or US$10.9m). Buy Or Sell Opportunity • Mar 03
Now 28% overvalued Over the last 90 days, the stock has fallen 13% to HK$0.52. The fair value is estimated to be HK$0.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Earnings per share has grown by 43%. Buy Or Sell Opportunity • Jan 13
Now 29% overvalued after recent price rise Over the last 90 days, the stock has risen 37% to HK$0.54. The fair value is estimated to be HK$0.42, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Earnings per share has grown by 43%. Recent Insider Transactions • Dec 10
Chief Executive Officer recently bought HK$4.4m worth of stock On the 8th of December, Ngai Fung Chow bought around 7m shares on-market at roughly HK$0.60 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$8.7m. Ngai Fung has been a buyer over the last 12 months, purchasing a net total of HK$13m worth in shares. Buy Or Sell Opportunity • Dec 02
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 173% to HK$0.51. The fair value is estimated to be HK$0.42, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Earnings per share has grown by 43%. Recent Insider Transactions • Nov 28
Chief Executive Officer recently bought HK$8.7m worth of stock On the 24th of November, Ngai Fung Chow bought around 22m shares on-market at roughly HK$0.40 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Ngai Fung's only on-market trade for the last 12 months. Buy Or Sell Opportunity • Oct 02
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 48% to HK$0.33. The fair value is estimated to be HK$0.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Earnings per share has grown by 43%. Buy Or Sell Opportunity • Sep 10
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 65% to HK$0.32. The fair value is estimated to be HK$0.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Earnings per share has grown by 43%. Reported Earnings • Aug 23
First half 2025 earnings released: HK$0.026 loss per share (vs HK$0.031 loss in 1H 2024) First half 2025 results: HK$0.026 loss per share. Revenue: HK$14.4m (up 168% from 1H 2024). Net loss: HK$3.93m (loss widened 15% from 1H 2024). Announcement • Aug 11
Jimu Group Limited to Report First Half, 2025 Results on Aug 21, 2025 Jimu Group Limited announced that they will report first half, 2025 results on Aug 21, 2025 New Risk • Jul 08
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$73.6m (US$9.37m) 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 Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (40% increase in shares outstanding). Market cap is less than US$10m (HK$73.6m market cap, or US$9.37m). Minor Risk Revenue is less than US$5m (HK$11m revenue, or US$1.4m). Buy Or Sell Opportunity • Jun 26
Now 54% undervalued after recent price drop Over the last 90 days, the stock has fallen 39% to HK$0.67. The fair value is estimated to be HK$1.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has grown by 70%. New Risk • Jun 23
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 12% 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 (40% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (HK$11m revenue, or US$1.4m). Market cap is less than US$100m (HK$168.4m market cap, or US$21.4m). Announcement • Jun 20
Jimu Group Limited Announces Resignation of Dong Bin as Executive Director and Member of the Remuneration Committee, the Nomination Committee and the Risk Management Committee, Effective June 19, 2025 The board of directors of Jimu Group Limited announced that Dr. Dong Bin has tendered his resignation as an executive Director of the Company in order to devote more time to his other business commitment with effect from 19 June 2025. Upon his resignation as an executive Director, Dr. Dong also ceased to be a member of each of the remuneration committee, the nomination committee and the risk management committee of the Board. Announcement • Apr 08
Jimu Group Limited, Annual General Meeting, May 09, 2025 Jimu Group Limited, Annual General Meeting, May 09, 2025, at 11:00 China Standard Time. Location: 22/f., euro trade centre, 13 -14 connaught road central, central, Hong Kong Announcement • Apr 01
Jimu Group Limited Appoints Chu Wei Ning as Independent Non-Executive Director, Effective March 31, 2025 The board of directors of Jimu Group Limited announced that with effect from 31 March 2025, Ms. Chu Wei Ning has been appointed as an independent non-executive Director of the Company. Ms. Chu, aged 52, currently serves as executive director and chief executive officer of China Baoli Technologies Holdings Limited. She is also an independent non-executive director of Bosa Technology Holdings Limited. Ms. Chu has been a veteran investment banker and venture capital investment professional with over 20 years of experience. She worked as the managing director of Horizon Ventures Limited from May 2007 to January 2012. She was the founding member and an executive director, Private Equity Division of the Bank of China International Limited from August 2004 to December 2005. From 2002 to 2004, she was part of the merger and acquisition team of TOM Group Ltd., focusing primarily on direct investments in the Greater China region in the internet, outdoor advertising, sports, television and entertainment sectors. From April 2000 to January 2002, Ms. Chu was the vice president of Bear Stearns Asia Investment Banking Group, where she was responsible for origination and execution of regional corporate finance transactions in the telecom, media and technology sectors. Ms. Chu obtained a bachelor degree in Business Administration from the Chinese University of Hong Kong in 1994 and a master degree of Business Administration from the University of Texas at Austin with Honors in 1998. 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 Risk Shareholders have been substantially diluted in the past year (40% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (14% average weekly change). Revenue is less than US$5m (HK$21m revenue, or US$2.7m). Market cap is less than US$100m (HK$156.2m market cap, or US$20.1m). Announcement • Mar 10
Jimu Group Limited to Report Fiscal Year 2024 Results on Mar 21, 2025 Jimu Group Limited announced that they will report fiscal year 2024 results on Mar 21, 2025 Announcement • Jan 17
Jimu Group Limited Announces Directorate Changes The board of directors of Jimu Group Limited announced that Dr. Tsang Hing Bun has tendered his resignation as an executive Director of the Company in order to devote more time to his other business commitment, and such resignation will take effect from 17 January 2025. The Board announced that with effect from 17 January 2025, Mr. Chan Ting Leuk Arthur has been appointed as an executive Director of the Company. The biographical details of Mr. Chan are set out below: Mr. Chan, aged 44, has over 17 years of experience in business and technology development. He is a director of Fu Hoi Insurance Management Limited which is engaged in investment, business development and compliance. Mr. Chan served as an executive director of Global Strategic Group Limited, a company listed on GEM of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") from 13 May 2024 to 17 January 2025. He has also served as an independent non-executive director of Grown Up Group Investment Holdings Limited, a company listed on the Main Board of the Stock Exchange since August 2022. He is also a co-founder and director of each of Micron Digital Corporation (HK) Limited, a company that leverages technology on motion sensors, and The Trend (HK) Holding Limited T/A EHUBS, a company focusing on medication delivery solutions in China. Mr. Chan obtained a Master's degree in Engineering Science from The University of New South Wales in 2004 and a bachelor's degree in Computing Science from Queen's University in 2003. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 40% 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 (52% average weekly change). Shareholders have been substantially diluted in the past year (40% increase in shares outstanding). Minor Risks Revenue is less than US$5m (HK$21m revenue, or US$2.6m). Market cap is less than US$100m (HK$153.2m market cap, or US$19.7m). Buy Or Sell Opportunity • Dec 20
Now 42% undervalued Over the last 90 days, the stock has risen 338% to HK$1.02. The fair value is estimated to be HK$1.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.0% over the last 3 years. Earnings per share has grown by 68%. Announcement • Nov 16
Jimu Group Limited has filed a Follow-on Equity Offering in the amount of HKD 25.136179 million. Jimu Group Limited has filed a Follow-on Equity Offering in the amount of HKD 25.136179 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 21,669,120
Price\Range: HKD 1.16
Discount Per Security: HKD 0.01
Transaction Features: Subsequent Direct Listing Buy Or Sell Opportunity • Nov 15
Now 21% undervalued Over the last 90 days, the stock has risen 324% to HK$1.40. The fair value is estimated to be HK$1.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.0% over the last 3 years. Earnings per share has grown by 68%. Announcement • Nov 08
Jimu Group Limited Appoints Dong Bin as Executive Director and Committee's The board of directors of Jimu Group Limited announced that with effect from 8 November 2024, Dr. Dong Bin (‘Dr. Dong’) has been appointed as an executive Director of the Company. Dr. Dong, aged 47, graduated from the Department of Economics of the Tianjin Institute of Finance in 1997. He subsequently obtained a Master of Business Administration from Keele University in the United Kingdom in 2004. He also holds a doctorate in Management Science and Engineering from the China University of Mining and Technology (Beijing), awarded in 2018. Dr. Dong possesses over 20 years of experience in business management. In 2005, Dr. Dong was appointed as the International Marketing Director of Beijing Urban Construction Group Co. Ltd. Dr. Dong was subsequently appointed as the managing director of. From 2013 to 2017, Dr. Dong was the General Manager of the International Cooperation Department of Beijing Capital Group and served at the Capital Account Management Department of the State Administration of Foreign Exchange on secondment. Since 2019, Dr. Dong has been the chairman of. Dr. Dong is currently the honorary president of the Chaoyang (Beijing) Foreign Economic Cooperation Association, the Executive President of the Sino-International Entrepreneurs Federation, the Director and Chief Representative of the Beijing Centre of the Sino-International Entrepreneurs Federation, an executive member of the Chaoyang District Federation of Industry and Commerce of Beijing Municipality, the Director of the Center for the Study of Group 20, and the chairman of the organising committees of the Sino-European Entrepreneurs Summit, the China-Africa Investment Summit and the Sino-Australasian Entrepreneurs Summit. Change in Composition of the Board Committees: The Board further announced that with effect from 8 November 2024, Dr. Dong has been appointed as a member of each of the nomination committee of the Board, the risk management committee of the Board and the Remuneration Committee. New Risk • Nov 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 40% 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 Share price has been highly volatile over the past 3 months (50% average weekly change). Minor Risks Shareholders have been diluted in the past year (40% 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$115.3m market cap, or US$14.8m). Announcement • Nov 01
Jimu Group Limited has completed a Follow-on Equity Offering in the amount of HKD 10.83456 million. Jimu Group Limited has completed a Follow-on Equity Offering in the amount of HKD 10.83456 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 43,338,240
Price\Range: HKD 0.25
Discount Per Security: HKD 0.0075
Transaction Features: Subsequent Direct Listing Reported Earnings • Aug 22
First half 2024 earnings released: HK$0.031 loss per share (vs HK$0.097 loss in 1H 2023) First half 2024 results: HK$0.031 loss per share (improved from HK$0.097 loss in 1H 2023). Revenue: HK$5.36m (down 60% from 1H 2023). Net loss: HK$3.41m (loss narrowed 2.4% from 1H 2023). Announcement • Aug 09
Jimu Group Limited to Report First Half, 2024 Results on Aug 21, 2024 Jimu Group Limited announced that they will report first half, 2024 results on Aug 21, 2024 New Risk • Aug 09
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). Shareholders have been substantially diluted in the past year (200% increase in shares outstanding). Market cap is less than US$10m (HK$32.5m market cap, or US$4.17m). Minor Risk Revenue is less than US$5m (HK$29m revenue, or US$3.7m). Announcement • Jul 11
Jimu Group Limited has withdrawn its Follow-on Equity Offering in the amount of HKD 13.434854 million. Jimu Group Limited has withdrawn its Follow-on Equity Offering in the amount of HKD 13.434854 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 43,338,240
Price\Range: HKD 0.31
Transaction Features: Subsequent Direct Listing New Risk • May 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$75.8m (US$9.70m) 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 Share price has been highly volatile over the past 3 months (44% average weekly change). Shareholders have been substantially diluted in the past year (200% increase in shares outstanding). Market cap is less than US$10m (HK$75.8m market cap, or US$9.70m). Minor Risk Revenue is less than US$5m (HK$29m revenue, or US$3.7m). Announcement • Mar 29
Jimu Group Limited, Annual General Meeting, May 09, 2024 Jimu Group Limited, Annual General Meeting, May 09, 2024, at 10:30 China Standard Time. Location: at 22/F., Euro Trade Centre, 1314 Connaught Road Central, Central, Hong Kong Agenda: To receive and consider the audited consolidated accounts and reports of the directors and auditor of the Company and its subsidiaries for the year ended 31 December 2023; to re-appoint Prism Hong Kong and Shanghai Limited as auditor of the Company and to authorise the board of directors of the Company to fix its remuneration; to grant a general mandate to the directors of the Company to repurchase shares not exceeding 10% of the issued share capital of the Company as at the date of passing this resolution; and to consider other matters. Reported Earnings • Mar 23
Full year 2023 earnings released: HK$0.069 loss per share (vs HK$0.17 loss in FY 2022) Full year 2023 results: HK$0.069 loss per share. Revenue: HK$28.7m (down 8.4% from FY 2022). Net loss: HK$5.34m (flat on FY 2022). Announcement • Mar 12
Jimu Group Limited to Report Fiscal Year 2023 Results on Mar 21, 2024 Jimu Group Limited announced that they will report fiscal year 2023 results on Mar 21, 2024 Reported Earnings • Nov 14
Third quarter 2023 earnings released: HK$0.012 loss per share (vs HK$0.065 loss in 3Q 2022) Third quarter 2023 results: HK$0.012 loss per share (improved from HK$0.065 loss in 3Q 2022). Revenue: HK$5.32m (down 38% from 3Q 2022). Net loss: HK$704.0k (loss narrowed 64% from 3Q 2022). Announcement • Oct 28
Jimu Group Limited to Report Q3, 2023 Results on Nov 08, 2023 Jimu Group Limited announced that they will report Q3, 2023 results on Nov 08, 2023 New Risk • Sep 02
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 260% 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 Less than 1 year of cash runway based on free cash flow trend (-HK$11m free cash flow). Shareholders have been substantially diluted in the past year (260% increase in shares outstanding). Market cap is less than US$10m (HK$23.8m market cap, or US$3.04m). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (HK$29m revenue, or US$3.8m). Reported Earnings • Aug 09
Second quarter 2023 earnings released: HK$0.047 loss per share (vs HK$0.014 loss in 2Q 2022) Second quarter 2023 results: HK$0.047 loss per share (further deteriorated from HK$0.014 loss in 2Q 2022). Revenue: HK$8.23m (down 11% from 2Q 2022). Net loss: HK$1.68m (loss widened 286% from 2Q 2022). New Risk • Aug 01
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 260% 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 Less than 1 year of cash runway based on free cash flow trend (-HK$16m free cash flow). Shareholders have been substantially diluted in the past year (260% increase in shares outstanding). Market cap is less than US$10m (HK$23.8m market cap, or US$3.06m). Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Revenue is less than US$5m (HK$30m revenue, or US$3.9m). Announcement • Jul 29
Jimu Group Limited to Report Q2, 2023 Results on Aug 08, 2023 Jimu Group Limited announced that they will report Q2, 2023 results on Aug 08, 2023 Reported Earnings • May 15
First quarter 2023 earnings released: EPS: HK$0 (vs HK$0.048 loss in 1Q 2022) First quarter 2023 results: EPS: HK$0. Revenue: HK$5.27m (down 16% from 1Q 2022). Net loss: HK$1.81m (loss widened 29% from 1Q 2022). Announcement • May 13
Jimu Group Limited Approves Retirement of Wei Ju as an Executive Director Jimu Group Limited at its AGM held on 12 May 2023, the resolution for the re-election of Ms. Wei Ju as an executive Director was not passed, Ms. Wei retired by rotation as an executive Director at the conclusion of the AGM, and upon to her retirement, she was ceased to be the member of the risk management committee of the Board and the compliance officer of the Company. Reported Earnings • Mar 25
Full year 2022 earnings released: HK$0.18 loss per share (vs HK$0.59 loss in FY 2021) Full year 2022 results: HK$0.18 loss per share (improved from HK$0.59 loss in FY 2021). Revenue: HK$31.4m (up 237% from FY 2021). Net loss: HK$5.29m (loss narrowed 65% from FY 2021). Announcement • Dec 15
Jimu Group Limited has completed a Follow-on Equity Offering in the amount of HKD 2.40768 million. Jimu Group Limited has completed a Follow-on Equity Offering in the amount of HKD 2.40768 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 120,384,000
Price\Range: HKD 0.02
Transaction Features: Subsequent Direct Listing Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Compliance Officer & Executive Director Ju Wei is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 08
Third quarter 2022 earnings released: HK$0.003 loss per share (vs HK$0.002 loss in 3Q 2021) Third quarter 2022 results: HK$0.003 loss per share (further deteriorated from HK$0.002 loss in 3Q 2021). Revenue: HK$8.52m (up 69% from 3Q 2021). Net loss: HK$1.97m (loss widened 91% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 62% per year, which means it is significantly lagging earnings. Announcement • Oct 25
Jimu Group Limited to Report Nine Months, 2022 Results on Nov 07, 2022 Jimu Group Limited announced that they will report nine months, 2022 results on Nov 07, 2022 Reported Earnings • Aug 14
Second quarter 2022 earnings released: HK$0.001 loss per share (vs HK$0.009 loss in 2Q 2021) Second quarter 2022 results: HK$0.001 loss per share (up from HK$0.009 loss in 2Q 2021). Revenue: HK$9.23m (up 203% from 2Q 2021). Net loss: HK$435.0k (loss narrowed 90% from 2Q 2021). 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 59% per year, which means it is significantly lagging earnings. Announcement • Aug 03
Jimu Group Limited to Report First Half, 2022 Results on Aug 11, 2022 Jimu Group Limited announced that they will report first half, 2022 results on Aug 11, 2022 Board Change • Jun 01
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Compliance Officer & Executive Director Ju Wei is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • May 25
Jimu Group Limited, Annual General Meeting, Jun 28, 2022 Jimu Group Limited, Annual General Meeting, Jun 28, 2022, at 15:00 China Standard Time. Location: 22/F, Euro Trade Centre, 13-14 Connaught Road Central Cantral Hong Kong Agenda: To consider and adopt the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors of the Company and the auditor of the Company for the year ended 31 December 2021; to re-appoint UniTax Prism (HK) CPA Limited as auditor of the Company and to authorise the board of Directors to fix its remuneration; to re-election of directors; and to consider other matter. Reported Earnings • May 14
First quarter 2022 earnings released: HK$0.002 loss per share (vs HK$0.011 loss in 1Q 2021) First quarter 2022 results: HK$0.002 loss per share (up from HK$0.011 loss in 1Q 2021). Revenue: HK$6.29m (up 164% from 1Q 2021). Net loss: HK$1.41m (loss narrowed 75% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 61% per year, which means it is performing significantly worse than earnings. Announcement • May 08
Jimu Group Limited Announces Executive Changes The board of directors of Jimu Group Limited announces that the Board acknowledged on 5 May 2022 that Mr. Dong Jun has tendered his resignation as an executive Director and ceased to act as the chairman of the Board and the chairman of the nomination committee of the Board, Mr. Huang Zexiong has tendered his resignation as an executive Director and ceased to act as the chief executive officer and the compliance officer of the Company, the chairman of the risk management committee and a member of the remuneration committee of the Board; and Mr. Chen Zuze has tendered his resignation as an executive Director and ceased to act as a member of the risk management committee of the Board. The resignation of each of Mr. Dong, Mr. Huang and Mr. Chen was effective from 4 May 2022. Each of Mr. Dong, Mr. Huang and Mr. Chen informed the Company that their resignations were due to the desire to devote more time to their other work arrangements. Board Change • Apr 27
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (6 non-independent directors). Founder & Executive Chairman Allen Dong is the most experienced director on the board, commencing their role in 2017. Independent Non-Executive Director John Yiu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Apr 03
Jimu Group Limited Announces Board Appointments The board of directors of Jimu Group Limited announced that with effect from 1 April 2022, Mr. Tsang Hing Bun has been appointed as an executive Director and Mr. Yiu Yu Hong John has been appointed an independent non-executive Director, as a member of each of the audit committee, Remuneration Committee and nomination committee of the Board. Mr. Tsang holds a Bachelor Degree of Social Science from the Chinese University of Hong Kong and a Master of Science Degree in Finance from City University of Hong Kong. He has more than 20 years of experience in audit, accounting, corporate finance and compliance. Mr. Tsang is a member of The Hong Kong Institute of Certified Public Accountants, an associate member of The Hong Kong Institute of Chartered Secretaries and The Chartered Governance Institute. He is also a financial risk manager granted by Global Association of Risk Professionals. He has been an executive director of Kingkey Intelligence Culture Holdings Limited (stock code: 550), a company listed on the Main Board of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") since September 2015 and a non-executive director of Sino Oil and Gas Holdings Limited (stock code: 702), a company listed on the Main Board of the Stock Exchange since August 2020. Mr. Yiu has over 11 years of experience in the logistics sector. He served as the warehouse manager at Sum Kee Metal Company Limited since July 2010. He received his Diploma of Culinary Arts from Pacific Institute of Culinary Arts in Canada in 2009. Each of Mr. Tsang and Mr. Yiu will enter into a service agreement and a letter of appointment with the Company respectively for an initial term of one year commencing with effect from 1 April 2022. Each of Mr. Tsang and Mr. Yiu shall hold office until the first general meeting of the Company after their appointment and shall be subject to retirement and re-election at such meeting in accordance with the articles of association of the Company. The Board and remuneration committee of the Company ("Remuneration Committee") have determined Mr. Tsang an emolument of HK$240,000 per annum and Mr. Yiu an emolument of HK$120,000 per annum with reference to their contribution, experience, duties and responsibilities, the Company ' s remuneration policy, the prevailing market conditions and recommendations of the Remuneration Committee. The remuneration package will be subject t annual review by the Remuneration Committee and the Board from time to time with reference to their responsibility and performance. Announcement • Feb 12
Jimu Group Limited Announces Board Changes The board of directors of Jimu Group Limited announced that Mr. Eric Todd ("Mr. Todd") has tendered his resignation as an independent non-executive Director of the Company and a member of each of the audit committee, remuneration committee and nomination committee of the Board with effect from 12 February 2022 as Mr. Todd would like to devote more time to his other personal commitments and work arrangement. The Board announced that Mr. Choi Ho Yan ("Mr. Choi") has been appointed as an independent non-executive Director of the Company, the chairman of the audit committee and a member of each of remuneration committee, nomination committee and risk management committee of the Board with effect from 12 February 2022. Since May 2013, Mr. Choi has been serving as an independent non-executive director of Time Watch Investments Limited. In March 2020 to March 2021, Mr. Choi served as an independent non-executive director of Long Well International Holdings Limited. Since June 2020, Mr. Choi has been serving as an independent non-executive director of China Saite Group Company Limited. Announcement • Jan 20
Jimu Group Limited Provides Preliminary Unaudited Consolidated Group Earnings Guidance for the Year Ended December 31, 2021 Jimu Group Limited provided preliminary unaudited consolidated group earnings guidance for the year ended December 31, 2021. For the year, the group expects to record a loss not less than HKD 12 million, representing an increase of approximately 40% to 50% as compared to the year ended December 31, 2020. Announcement • Jan 19
Jimu Group Limited has completed a Follow-on Equity Offering in the amount of HKD 10.73424 million. Jimu Group Limited has completed a Follow-on Equity Offering in the amount of HKD 10.73424 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 100,320,000
Price\Range: HKD 0.107
Discount Per Security: HKD 0.00214
Transaction Features: Subsequent Direct Listing Executive Departure • Dec 03
Non-Executive Director Jun-Ming Wen has left the company On the 26th of November, Jun-Ming Wen's tenure as Non-Executive Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Jun-Ming's name. A total of 8 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Recent Insider Transactions • Nov 25
Insider recently sold HK$24m worth of stock On the 16th of November, Lihua Li sold around 31m shares on-market at roughly HK$0.78 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. Reported Earnings • Nov 15
Third quarter 2021 earnings released: HK$0.002 loss per share (vs HK$0.01 loss in 3Q 2020) The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: HK$5.05m (down 73% from 3Q 2020). Net loss: HK$1.03m (loss narrowed 79% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 18
Second quarter 2021 earnings released: HK$0.009 loss per share (vs HK$0.014 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: HK$3.05m (down 89% from 2Q 2020). Net loss: HK$4.45m (down 164% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings. Executive Departure • Jun 03
Independent Non-Executive Director Zhongyong Guo has left the company On the 25th of May, Zhongyong Guo's tenure as Independent Non-Executive Director ended after 3.5 years in the role. We don't have any record of a personal shareholding under Zhongyong's name. A total of 10 executives have left over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jun 03
Company Secretary Tsz Kwan Leung has left the company On the 25th of May, Tsz Kwan Leung's tenure as Company Secretary ended after 2.5 years in the role. We don't have any record of a personal shareholding under Tsz Kwan's name. A total of 10 executives have left over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jun 03
Non-Executive Director Kai Pong Lau has left the company On the 25th of May, Kai Pong Lau's tenure as Non-Executive Director ended after 2.0 years in the role. We don't have any record of a personal shareholding under Kai Pong's name. A total of 10 executives have left over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jun 03
Independent Non-Executive Director Ping Cho Hon has left the company On the 25th of May, Ping Cho Hon's tenure as Independent Non-Executive Director ended after 3.5 years in the role. We don't have any record of a personal shareholding under Ping Cho's name. A total of 10 executives have left over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • May 12
First quarter 2021 earnings released: HK$0.011 loss per share (vs HK$0.025 loss in 1Q 2020) The company reported a soft first quarter result with weaker revenues and control over costs, although losses reduced. First quarter 2021 results: Revenue: HK$2.38m (down 69% from 1Q 2020). Net loss: HK$5.54m (loss narrowed 53% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings. Executive Departure • May 12
Executive Director has left the company On the 3rd of May, Chao Chen's tenure as Executive Director ended after less than a year in the role. We don't have any record of a personal shareholding under Chao's name. A total of 6 executives have left over the last 12 months. Executive Departure • May 12
Independent Non Executive Director has left the company On the 3rd of May, Xin Chen's tenure as Independent Non Executive Director ended after less than a year in the role. We don't have any record of a personal shareholding under Xin's name. A total of 6 executives have left over the last 12 months. Reported Earnings • Mar 30
Full year 2020 earnings released: HK$0.018 loss per share (vs HK$0.069 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: HK$89.7m (down 21% from FY 2019). Net loss: HK$8.71m (loss narrowed 74% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 43% per year whereas the company’s share price has fallen by 38% per year. Announcement • Mar 09
Jimu Group Limited to Report Fiscal Year 2020 Results on Mar 26, 2021 Jimu Group Limited announced that they will report fiscal year 2020 results on Mar 26, 2021 Is New 90 Day High Low • Jan 05
New 90-day low: HK$0.21 The company is down 40% from its price of HK$0.36 on 07 October 2020. The Hong Kong market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 35% over the same period. Is New 90 Day High Low • Dec 15
New 90-day low: HK$0.25 The company is down 32% from its price of HK$0.36 on 16 September 2020. The Hong Kong market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 27% over the same period. Announcement • Nov 24
Jimu Group Limited Announces Management Changes Jimu Group Limited announced that with effect from 23 November 2020 Mr. Li Tixin has resigned as an independent non-executive Director; and Ms. Chen Xin has been appointed as an independent non-executive Director. Is New 90 Day High Low • Nov 19
New 90-day low: HK$0.27 The company is down 32% from its price of HK$0.40 on 21 August 2020. The Hong Kong market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 28% over the same period. Reported Earnings • Nov 11
Third quarter 2020 earnings released: HK$0.01 loss per share The company reported a soft third quarter result with weaker revenues and control over expenses, though losses reduced. Third quarter 2020 results: Revenue: HK$19.0m (down 29% from 3Q 2019). Net loss: HK$4.84m (loss narrowed 26% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 42% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 15
New 90-day low: HK$0.35 The company is down 17% from its price of HK$0.42 on 17 July 2020. The Hong Kong market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 29% over the same period. Announcement • Oct 10
Jimu Group Limited Announces Appointment of Directors Jimu Group Limited announced the appointment of Mr. Chan Kwun Wah Derek as a non-executive Director and Mr. Ni Zhixing has been appointed as an independent non-executive Director. Mr. Chan Kwun Wah Derek, aged 50, is the managing director of Kingston Corporate Finance Limited. He is principally engaged in leading and planning investment banking and financial consultation services, including sponsorship for initial public offerings, structured finance, merger & acquisitions, asset restructuring and corporate governance advisory services. He has earned over 20 years of experience from a few renowned securities firms and global financial institutions. Mr. Ni Zhixing, aged 41, joined Kunming Panlong District State-owned Assets Operation Investment Holdings Company Limited in January 2018 as a financial controller and is currently holding the position of assistant to the general manager in that company. Mr. Ni has more than 20 years in banking and finance industry. Mr. Ni currently also holds the position of chairman of the board of Yunnan Chenjie Environment ygiene Management Company Limited since April 2019 and a supervisor of Kunming Gangtong City Construction Development Company Limited since October 2018. 
