Reported Earnings • Apr 04
Full year 2025 earnings released: CN¥0.044 loss per share (vs CN¥0.051 loss in FY 2024) Full year 2025 results: CN¥0.044 loss per share (improved from CN¥0.051 loss in FY 2024). Revenue: CN¥783.1m (up 9.4% from FY 2024). Net loss: CN¥39.1m (loss narrowed 6.9% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Announcement • Mar 18
Feiyang International Holdings Group Limited to Report Fiscal Year 2025 Results on Mar 30, 2026 Feiyang International Holdings Group Limited announced that they will report fiscal year 2025 results on Mar 30, 2026 New Risk • Mar 07
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$14m 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: Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Significant insider selling over the past 3 months (HK$14m sold). Market cap is less than US$100m (HK$409.3m market cap, or US$52.3m). Reported Earnings • Sep 30
First half 2025 earnings released: EPS: CN¥0.008 (vs CN¥0.018 loss in 1H 2024) First half 2025 results: EPS: CN¥0.008 (up from CN¥0.018 loss in 1H 2024). Revenue: CN¥511.2m (up 21% from 1H 2024). Net income: CN¥6.63m (up CN¥21.5m from 1H 2024). Profit margin: 1.3% (up from net loss in 1H 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 28
First half 2025 earnings released: EPS: CN¥0.008 (vs CN¥0.018 loss in 1H 2024) First half 2025 results: EPS: CN¥0.008 (up from CN¥0.018 loss in 1H 2024). Revenue: CN¥511.2m (up 21% from 1H 2024). Net income: CN¥6.63m (up CN¥21.5m from 1H 2024). Profit margin: 1.3% (up from net loss in 1H 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. New Risk • Aug 26
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% 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 (18% average weekly change). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$439.3m market cap, or US$56.3m). Announcement • Aug 26
Feiyang International Holdings Group Limited has completed a Follow-on Equity Offering in the amount of HKD 33.4464 million. Feiyang International Holdings Group Limited has completed a Follow-on Equity Offering in the amount of HKD 33.4464 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 166,400,000
Price\Range: HKD 0.201
Discount Per Security: HKD 0.003
Transaction Features: Subsequent Direct Listing Announcement • Aug 15
Feiyang International Holdings Group Limited to Report First Half, 2025 Results on Aug 26, 2025 Feiyang International Holdings Group Limited announced that they will report first half, 2025 results on Aug 26, 2025 New Risk • Jul 30
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 17% 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 (17% average weekly change). Minor Risk Market cap is less than US$100m (HK$266.2m market cap, or US$33.9m). Announcement • Jul 30
Feiyang International Holdings Group Limited has filed a Follow-on Equity Offering in the amount of HKD 33.4464 million. Feiyang International Holdings Group Limited has filed a Follow-on Equity Offering in the amount of HKD 33.4464 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 166,400,000
Price\Range: HKD 0.201
Discount Per Security: HKD 0.003
Transaction Features: Subsequent Direct Listing Announcement • Jun 06
Feiyang International Holdings Group Limited, Annual General Meeting, Jun 30, 2025 Feiyang International Holdings Group Limited, Annual General Meeting, Jun 30, 2025, at 11:00 China Standard Time. Location: 6/f, east mansion, wuyi plaza, no. 2437 zhongshan east road, ningbo city, zhejiang., China New Risk • May 12
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$69.9m market cap, or US$8.97m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). New Risk • May 08
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$69.1m (US$8.89m) 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. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 30
Full year 2024 earnings released: CN¥0.05 loss per share (vs CN¥0.012 loss in FY 2023) Full year 2024 results: CN¥0.05 loss per share (further deteriorated from CN¥0.012 loss in FY 2023). Revenue: CN¥715.9m (up 34% from FY 2023). Net loss: CN¥42.0m (loss widened 339% from FY 2023). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 52% per year, which means it is significantly lagging earnings. Announcement • Mar 18
Feiyang International Holdings Group Limited to Report Fiscal Year 2024 Results on Mar 28, 2025 Feiyang International Holdings Group Limited announced that they will report fiscal year 2024 results on Mar 28, 2025 New Risk • Mar 12
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 10% 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 Earnings have declined by 5.1% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (HK$84.9m market cap, or US$10.9m). New Risk • Dec 31
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 Risks Earnings have declined by 5.1% per year over the past 5 years. Market cap is less than US$10m (HK$56.6m market cap, or US$7.29m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Reported Earnings • Oct 01
First half 2024 earnings released: CN¥0.018 loss per share (vs CN¥0.014 profit in 1H 2023) First half 2024 results: CN¥0.018 loss per share (down from CN¥0.014 profit in 1H 2023). Revenue: CN¥421.0m (down 12% from 1H 2023). Net loss: CN¥14.8m (down 232% from profit in 1H 2023). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 55% per year, which means it is significantly lagging earnings. Announcement • Aug 26
Feiyang International Holdings Group Limited Announces Board and Committee Changes The board of directors of Feiyang International Holdings Group Limited announced that Mr. Yi Ling (Mr. Yi) has tendered his resignation as an independent non- executive Director and ceased to be a member of the audit committee of the Company (the Audit Committee) and a member of the nomination committee of the Company (the Nomination Committee) with effect from 26 August 2024 due to other work arrangement. The Board announced that Ms. Yuan Shaoying (Ms. Yuan) has been appointed as an independent non-executive Director, a member of each of the Audit Committee and the Nomination Committee with effect from 26 August 2024. Ms. Yuan Shaoying (former name: Yuan Kedan), aged 39, has over 15 years of experience in legal practise. Ms. Yuan obtained her master's degree in law from Osaka University in March 2011 in Japan. She served as a legal counsel in Panasonic Electric (China) Limited from 2007 to 2008. She served as a lawyer in Beijing Dacheng Law Offices, LLP, Shanghai (()) from 2011 to 2014. She has been a partner of Beijing Dacheng Law Offices, LLP, Hangzhou (()) since 2014. Ms. Yuan obtained a qualification certificate as an independent director awarded by the Shanghai Stock Exchange in August 2021. Ms. Yuan has been an independent director of GRINM Semiconductor Materials Co. Ltd. () (a company listed on the Shanghai Stock Exchange, stock code: 688432) since May 2021 and an independent director of Hangzhou Zhongtai Cryogenic Technology Corporation () (a company listed on the Shenzhen Stock Exchange, stock code: 300435) since July 2023. Following the change of Directors as mentioned above, the Audit Committee comprises Ms. Zhao Caihong as the chairlady, Mr. Li Huamin and Ms. Yuan; and the Nomination Committee comprises Mr. He Binfeng as the chairman, Mr. Li Huamin and Ms. Yuan. New Risk • Aug 22
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 9.1% 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 23% per year over the past 5 years. Market cap is less than US$10m (HK$70.7m market cap, or US$9.07m). Minor Risk Share price has been volatile over the past 3 months (9.1% average weekly change). Announcement • Aug 16
Feiyang International Holdings Group Limited to Report First Half, 2024 Results on Aug 28, 2024 Feiyang International Holdings Group Limited announced that they will report first half, 2024 results on Aug 28, 2024 New Risk • Jul 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$75.7m (US$9.69m) 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 23% per year over the past 5 years. Market cap is less than US$10m (HK$75.7m market cap, or US$9.69m). Minor Risk Significant insider selling over the past 3 months (HK$2.3m sold). Recent Insider Transactions • May 05
Non-Executive Director recently sold HK$974k worth of stock On the 29th of April, Yang Shen sold around 6m shares on-market at roughly HK$0.18 per share. This transaction amounted to 70% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth HK$1.3m. Despite this recent sale, insiders have collectively bought HK$17m more than they sold in the last 12 months. Announcement • Apr 28
Feiyang International Holdings Group Limited, Annual General Meeting, Jun 25, 2024 Feiyang International Holdings Group Limited, Annual General Meeting, Jun 25, 2024, at 11:00 China Standard Time. Location: 6/F, East Mansion, Wuyi Plaza No. 2437 Zhongshan East Road, Ningbo City Zhejiang China Agenda: To receive the audited consolidated financial statements of the Company and the reports of the directors (the ``Director(s)'') and auditors of the Company for the year ended 31 December 2023; To re-appoint CCTH CPA Limited as the auditors of the Company and to authorise the Board to fix their remuneration; and to consider other matters. Recent Insider Transactions • Apr 12
Non-Executive Director recently sold HK$1.3m worth of stock On the 11th of April, Yang Shen sold around 6m shares on-market at roughly HK$0.22 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought HK$18m more than they sold in the last 12 months. Reported Earnings • Mar 29
Full year 2023 earnings released: CN¥0.012 loss per share (vs CN¥0.052 loss in FY 2022) Full year 2023 results: CN¥0.012 loss per share (improved from CN¥0.052 loss in FY 2022). Revenue: CN¥534.3m (up CN¥457.8m from FY 2022). Net loss: CN¥9.58m (loss narrowed 76% from FY 2022). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Announcement • Mar 16
Feiyang International Holdings Group Limited to Report Fiscal Year 2023 Results on Mar 27, 2024 Feiyang International Holdings Group Limited announced that they will report fiscal year 2023 results on Mar 27, 2024 New Risk • Nov 06
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$748.8m (US$95.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥83m free cash flow). Earnings have declined by 37% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (4.0% increase in shares outstanding). Market cap is less than US$100m (HK$748.8m market cap, or US$95.7m). Reported Earnings • Aug 26
First half 2023 earnings released: EPS: CN¥0.014 (vs CN¥0.029 loss in 1H 2022) First half 2023 results: EPS: CN¥0.014 (up from CN¥0.029 loss in 1H 2022). Revenue: CN¥478.6m (up CN¥471.6m from 1H 2022). Net income: CN¥11.2m (up CN¥30.7m from 1H 2022). Profit margin: 2.3% (up from net loss in 1H 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Aug 16
Feiyang International Holdings Group Limited to Report First Half, 2023 Results on Aug 24, 2023 Feiyang International Holdings Group Limited announced that they will report first half, 2023 results on Aug 24, 2023 New Risk • Jul 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.0% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥73m free cash flow). Earnings have declined by 56% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Shareholders have been diluted in the past year (4.0% increase in shares outstanding). Announcement • May 30
Feiyang International Holdings Group Limited, Annual General Meeting, Jun 21, 2023 Feiyang International Holdings Group Limited, Annual General Meeting, Jun 21, 2023, at 11:00 China Standard Time. Location: 6/F, East Mansion, Wuyi Plaza, No. 2437 Zhongshan East Road, Ningbo City, Zhejiang China Agenda: To receive the audited consolidated financial statements of the Company and the reports of the directors and auditors of the Company for the year ended December 31, 2022; to re-elect, each as a separate resolution, the following persons as the Directors, and to authorize the board of Directors (the ``Board'') to fix the remuneration of the Directors; to re-appoint CCTH CPA Limited as the auditors of the Company and to authorize the Board to fix their remuneration; and to consider other matters. Recent Insider Transactions • May 25
Non-Executive Director recently bought HK$5.0m worth of stock On the 24th of May, Yang Shen bought around 5m shares on-market at roughly HK$1.03 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$5.6m more in shares than they have sold in the last 12 months. Announcement • May 16
Feiyang International Holdings Group Limited (SEHK:1901) entered into a non-legally binding memorandum of understanding to acquire Radiant Assets Management Limited for HKD 90 million. Feiyang International Holdings Group Limited (SEHK:1901) entered into a non-legally binding memorandum of understanding to acquire Radiant Assets Management Limited for HKD 90 million on May 15, 2023. The total consideration of this transaction is not more than HKD 90 million. Feiyang International Holdings and seller agreed to have an exclusivity period of six months to complete all necessary preconditions including due diligence and determination of transaction within the exclusivity period, and eventually a legally binding formal equity acquisition agreement will be signed. Reported Earnings • Apr 01
Full year 2022 earnings released: CN¥0.052 loss per share (vs CN¥0.27 loss in FY 2021) Full year 2022 results: CN¥0.052 loss per share (improved from CN¥0.27 loss in FY 2021). Revenue: CN¥76.5m (down 1.3% from FY 2021). Net loss: CN¥39.5m (loss narrowed 71% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Recent Insider Transactions • Dec 04
Executive Chairman & CEO recently bought HK$366k worth of stock On the 28th of November, Binfeng He bought around 600k shares on-market at roughly HK$0.61 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Binfeng has been a buyer over the last 12 months, purchasing a net total of HK$607k worth in shares. Announcement • Nov 22
Feiyang International Holdings Group Limited Announces Board Changes The board of directors of Feiyang International Holdings Group Limited announced that Ms. Qiu Zheng has tendered her resignation as an executiveDirector of the Company with effect from 21 November 2022 due to other work allocation by the Group. The Board announced that Ms. Chen Huiling has been appointed as an executive Director with effect from 21 November 2022. Ms. Chen, aged 34, has over ten years of experience in marketing and operation. Ms. Chen obtained a master's degree in Hotel and Tourism Management from the Hong Kong Polytechnic University in October 2014. She served as the deputy director of operation inJiangsu Damu Architecture Design Co. Ltd. from March 2010 to July 2012. She was the director of marketing of Shanghai Damu Hotel Design Consulting Co. Ltd.* from July 2012 to May 2019. She was an executive director of Shanghai Ren'en Health Management Consulting Co. Ltd. from May 2019 to August 2021. She worked as the general manager of Nanjing Yiji Brand Management Co. Ltd. from September 2021 to November 2022. Board Change • Nov 16
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. 7 non-independent directors. Independent Non-Executive Director Caihong Zhao was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Nov 10
Executive Chairman & CEO recently bought HK$242k worth of stock On the 1st of November, Binfeng He bought around 284k shares on-market at roughly HK$0.85 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Binfeng's only on-market trade for the last 12 months. Announcement • Nov 04
Feiyang International Holdings Group Limited Announces Board Changes The board of directors of Feiyang International Holdings Group Limited announced that Ms. Li Chengai tendered her resignation as an independent non-executive Director of the Company and ceased to be the chairlady of the audit committee of the Company and a member of the remuneration committee of the Company with effect from 3 November 2022 due to her other work arrangement. The Board announced that Ms. Zhao Caihong has been appointed as an independent non-executive Director, the chairlady of the Audit Committee and a member of the Remuneration Committee with effect from 3 November 2022. Ms. Zhao, aged 48, has over 20 years of experience in education and accounting. Ms. Zhao obtained a bachelor's degree in Accounting from East China Jiaotong University in July 1999 and a master's degree in Accounting from Jilin University in June 2003. She served as an accountant in Tongliao, Inner Mongolia branch of China Tietong Telecom from July 1999 to August 2000. She has been a teacher in Business School of Zhejiang Wanli College since September 2003. Ms. Zhao has been a certified public accountant in the PRC since 2003 and has been certified as a professor in accounting since 2021. Reported Earnings • Sep 02
First half 2022 earnings released: CN¥0.029 loss per share (vs CN¥0.15 loss in 1H 2021) First half 2022 results: CN¥0.029 loss per share (up from CN¥0.15 loss in 1H 2021). Revenue: CN¥6.97m (down 81% from 1H 2021). Net loss: CN¥19.5m (loss narrowed 74% from 1H 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Announcement • Aug 16
Feiyang International Holdings Group Limited to Report First Half, 2022 Results on Aug 25, 2022 Feiyang International Holdings Group Limited announced that they will report first half, 2022 results on Aug 25, 2022 Announcement • May 26
Feiyang International Holdings Group Limited, Annual General Meeting, Jun 22, 2022 Feiyang International Holdings Group Limited, Annual General Meeting, Jun 22, 2022, at 11:00 China Standard Time. Location: 6/F, East Mansion, Wuyi Plaza, No 2437 Zhongshan East Road Zhejiang China Agenda: To receive the audited consolidated financial statements of the Company and the reports of the directors (the ``Director(s)'') and auditors of the Company for the year ended 31 December 2021; to re-elect, the Directors, and to authorize the board of Directors (the ``Board'') to fix the remuneration of the Directors: to re-appoint Ernst and Young as the auditors of the Company and to authorize the Board to fix their remuneration; and to consider other matters. Announcement • May 12
Feiyang International Holdings Group Limited Announces Board Changes, Effective May 11, 2022 The board of directors of Feiyang International Holdings Group Limited announced that Chen Xiaodong has tendered his resignation as an executive Director of the Company with effect from 11 May 2022 and also announced that Shen Yang has been appointed as a non-executive Director with effect from 11 May 2022. Shen, has over 20 years of experience in investment and extensive experience in investment and management in the pan-cultural entertainment industry. He is currently a member of the Chinese People's Political Consultative Conference of Shanghai Pudong New Area a council member of the Jiangsu Youth Chamber of Commerce and a vice-chairman of the Nanjing Youth Chamber of Commerce. Mr. Shen has entered into a letter of appointment with the Company on 11 May 2022 for a term of three years, subject to retirement by rotation and re-election at the annual general meeting of the Company in accordance with the articles of association of the Company. Board Change • Apr 27
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. 7 non-independent directors. Independent Non-Executive Director Huamin Li was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 02
Full year 2021 earnings released: CN¥0.27 loss per share (vs CN¥0.17 loss in FY 2020) Full year 2021 results: CN¥0.27 loss per share (down from CN¥0.17 loss in FY 2020). Revenue: CN¥77.5m (down 46% from FY 2020). Net loss: CN¥137.5m (loss widened 59% from FY 2020). Reported Earnings • Oct 01
First half 2021 earnings released: CN¥0.15 loss per share (vs CN¥0.034 loss in 1H 2020) The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2021 results: Revenue: CN¥36.6m (down 65% from 1H 2020). Net loss: CN¥76.2m (loss widened 349% from 1H 2020). Announcement • Aug 21
Feiyang International Holdings Group Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended 30 June 2021 Feiyang International Holdings Group Limited provided unaudited consolidated earnings guidance for the six months ended 30 June 2021. Based on a preliminary review of the unaudited consolidated management accounts of the Group, it is expected that the Group will record a net loss in the range of RMB 70 million to RMB 80 million for the six months ended 30 June 2021, as compared with a net loss of approximately RMB 17 million for the corresponding period of 2020. Under the outbreak of the novel coronavirus and the continued suspension of all outbound tours, (i) the expected impairment of trade and other receivables increased due to the significant increase in the credit risk on financial assets (including trade and other receivables); and (ii) revenue generated from sales of air tickets and hotel accommodation, sales of package tours and margin income from sales of free independent traveller products decreased. As a result, the net loss incurred by the Group for the six months ended 30 June 2021 increased as compared to the corresponding period of 2020. Executive Departure • May 28
CFO & Executive Director has left the company On the 20th of May, Qinghai Zhang's tenure as CFO & Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Qinghai's name. Qinghai is the only executive to leave the company over the last 12 months. Reported Earnings • Mar 31
Full year 2020 earnings released: CN¥0.17 loss per share (vs CN¥0.037 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥143.5m (down 79% from FY 2019). Net loss: CN¥86.4m (down CN¥102.8m from profit in FY 2019). Announcement • Mar 13
Feiyang International Holdings Group Limited to Report Fiscal Year 2020 Results on Mar 29, 2021 Feiyang International Holdings Group Limited announced that they will report fiscal year 2020 results on Mar 29, 2021 Is New 90 Day High Low • Feb 23
New 90-day high: HK$0.85 The company is up 10.0% from its price of HK$0.77 on 25 November 2020. The Hong Kong market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 18% over the same period. Announcement • Jan 29
Feiyang International Holdings Group Limited Announces Board Changes The board of directors of Feiyang International Holdings Group Limited announced that Mr. Li Da has tendered his resignation as an executive Director with effect from 28 January 2021 due to other work allocation by the group. The board announced that Ms. Qiu Zheng has been appointed as an executive Director with effect from 28 January 2021. Announcement • Jul 26
Feiyang International Holdings Group Limited Provides Business Update on the Impact of Covid-19 Outbreak Feiyang International Holdings Group Limited provided business update on the impact of Covid-19 outbreak. The Group suspended its local group packaged tours operation, sales of air ticketing and hotel booking products and all outbound tours in order to facilitate better prevention and control of COVID-19 in mainland China. On July 14, 2020, the General Office of the Ministry of Culture and Tourism issued the Notice on Matters Relating to the Promotion of Expanding the Resumption of Business Operations of Tourism Enterprises, pursuant to which certain operations of tourism enterprises, including cross-provincial package tours and sales of air ticketing and hotel booking in mainland China, are allowed to be carried out, whilst all outbound tours continue to be suspended. As a result, the Group has partially resumed its local package tours operation and sales of air ticketing and hotel booking' products. 
