New Risk • Mar 16
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 Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Large one-off items impacting financial results. Revenue is less than US$5m (CN¥11m revenue, or US$1.5m). Market cap is less than US$100m (HK$85.5m market cap, or US$10.9m). Announcement • Mar 16
Hao Wen Holdings Limited to Report Fiscal Year 2025 Results on Mar 30, 2026 Hao Wen Holdings Limited announced that they will report fiscal year 2025 results on Mar 30, 2026 New Risk • Mar 02
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 15% 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 (15% average weekly change). Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (CN¥11m revenue, or US$1.5m). Market cap is less than US$100m (HK$90.8m market cap, or US$11.6m). New Risk • Jan 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (HK$42.7m market cap, or US$5.48m). Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (CN¥11m revenue, or US$1.5m). New Risk • Nov 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$77.6m (US$9.99m) 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 (17% average weekly change). Market cap is less than US$10m (HK$77.6m market cap, or US$9.99m). Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (CN¥11m revenue, or US$1.5m). Announcement • Aug 18
Hao Wen Holdings Limited to Report First Half, 2025 Results on Aug 28, 2025 Hao Wen Holdings Limited announced that they will report first half, 2025 results on Aug 28, 2025 New Risk • Aug 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Revenue is less than US$5m (CN¥11m revenue, or US$1.5m). Market cap is less than US$100m (HK$130.0m market cap, or US$16.6m). New Risk • Jul 02
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: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (CN¥11m revenue, or US$1.5m). Market cap is less than US$100m (HK$106.8m market cap, or US$13.6m). Announcement • Apr 29
Hao Wen Holdings Limited, Annual General Meeting, May 30, 2025 Hao Wen Holdings Limited, Annual General Meeting, May 30, 2025, at 15:00 China Standard Time. Location: portion 2, 12/f, the center, 99 queen`s road central, central, Hong Kong Announcement • Mar 20
Hao Wen Holdings Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 Hao Wen Holdings Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 New Risk • Mar 10
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 Earnings have declined by 9.0% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Revenue is less than US$5m (CN¥12m revenue, or US$1.7m). Market cap is less than US$100m (HK$203.0m market cap, or US$26.1m). New Risk • Aug 13
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 Earnings have declined by 18% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (CN¥14m revenue, or US$2.0m). Market cap is less than US$100m (HK$89.0m market cap, or US$11.4m). Announcement • Aug 12
Hao Wen Holdings Limited to Report First Half, 2024 Results on Aug 22, 2024 Hao Wen Holdings Limited announced that they will report first half, 2024 results on Aug 22, 2024 New Risk • Apr 11
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$78.3m (US$10.00m) 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 18% per year over the past 5 years. Market cap is less than US$10m (HK$78.3m market cap, or US$10.00m). Minor Risk Revenue is less than US$5m (CN¥14m revenue, or US$2.0m). Announcement • Mar 19
Hao Wen Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Hao Wen Holdings Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 Announcement • Nov 01
Hao Wen Holdings Limited to Report Nine Months, 2023 Results on Nov 10, 2023 Hao Wen Holdings Limited announced that they will report nine months, 2023 results on Nov 10, 2023 Announcement • Oct 14
Hao Wen Holdings Limited Appoints BAI Jie as Executive Director The board of directors of Hao Wen Holdings Limited announced that Ms. BAI Jie (Ms. Bai) has been appointed as an executive Director with effect from 13 October 2023. Ms. Bai, aged 44, has over 10 years of experience in investment and financial industry as well as extensive experiences in project and corporate management in different industries. Announcement • Sep 05
Hao Wen Holdings Limited Announces Board Changes The board of directors of Hao Wen Holdings Limited announced that Mr. CHAK Chi Shing resigned as the company secretary and the authorised representative. The Board announced that Ms. TAM Tsz Yan ("Ms. Tam") has been appointed as the Company Secretary and the Authorised Representative with effect from 4 September 2023. Ms. Tam holds a master's degree in corporate governance. She is currently an associate member of both The Chartered Governance Institute and The Hong Kong Chartered Governance Institute. Ms. Tam has extensive work experience in the company secretarial profession. Ms. Tam satisfies the qualification requirements for company secretary under Rule 5.14 of the GEM Listing Rules. Announcement • Jul 12
Hao Wen Holdings Limited to Report First Half, 2023 Results on Aug 10, 2023 Hao Wen Holdings Limited announced that they will report first half, 2023 results on Aug 10, 2023 New Risk • Jun 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$78.3m (US$10.00m) 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥20m free cash flow). Earnings have declined by 5.4% per year over the past 5 years. Market cap is less than US$10m (HK$78.3m market cap, or US$10.00m). Minor Risks Shareholders have been diluted in the past year (7.7% increase in shares outstanding). Revenue is less than US$5m (CN¥28m revenue, or US$3.9m). Announcement • Jun 22
Hao Wen Holdings Limited Announces Executive Changes The board of directors of Hao Wen Holdings Limited announced that with effect from 20 June 2023, Ms. Tsui Annie (Ms. Tsui) has resigned as an executive Director, a Chairperson of the Board and a member of the remuneration committee of the Board due to her personal health issues. Ms. Tsui has confirmed that she has no disagreement with the Board, and there are no other matters relating to her resignation that need to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited. The Board further announced that Ms. Tsui has ceased to be an authorized representative (Authorized Representative) of the Company under Rule 5.24 of the Rules Governing the Listing of Securities on GEM of the Stock Exchange (GEM Listing Rules) and compliance officer (Compliance Officer) under Rule 5.19 of the GEM Listing Rules and Mr. Feng Keming (Mr. Feng), an executive Director of the Company, has been appointed as an Authorized Representative and the Compliance Officer with effect from 20 June 2023. Announcement • May 31
Hao Wen Holdings Limited, Annual General Meeting, Jun 29, 2023 Hao Wen Holdings Limited, Annual General Meeting, Jun 29, 2023, at 16:30 China Standard Time. Location: Portion 2, 12/F., The Center 99 Queen's Road Central, Cantral Hong Kong Agenda: To receive and adopt the audited consolidated financial statements of the Company and the reports of the directors of the Company and of the auditors of the Company for the year ended 31 December 2022; to re-elect Ms. TSUI Annie as an executive Director; and to re-elect Mr. CHAN Kwan Yiu as an independent non-executive Director; to authorize the board of Directors to fix the Directors' remuneration; and to consider other matters. Board Change • Feb 01
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. 4 experienced directors. 1 highly experienced director. Executive Director Keming Feng was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 18
Hao Wen Holdings Limited to Report Q3, 2022 Results on Nov 10, 2022 Hao Wen Holdings Limited announced that they will report Q3, 2022 results on Nov 10, 2022 Announcement • Jul 09
Hao Wen Holdings Limited to Report First Half, 2022 Results on Aug 10, 2022 Hao Wen Holdings Limited announced that they will report first half, 2022 results on Aug 10, 2022 Announcement • May 31
Hao Wen Holdings Limited, Annual General Meeting, Jun 29, 2022 Hao Wen Holdings Limited, Annual General Meeting, Jun 29, 2022, at 16:30 China Standard Time. Location: Portion 2, 12/F., The Center, 99 Queen's Road Central Cantral Hong Kong Agenda: To receive and adopt the audited consolidated financial statements of the Company and the reports of the directors of the Company (the Directors) and of the auditors of the Company for the year ended 31 December 2021; to re-elect Mr. FENG Keming as an executive Director; to re-elect Ms. Ma Sijing as an independent non-executive Director; to authorise the board of Directors (the Board) to fix the Directors' remuneration; to re-appoint Messrs. McMillan Woods (Hong Kong) CPA Limited as auditors of the Company and authorise the Board to fix their remuneration; and to transact other matters. Announcement • Feb 02
Hao Wen Holdings Limited (SEHK:8019) entered into a non-binding Memorandum of understanding to acquire Sichuan Xinshang Medical Technology Co., Limited. Hao Wen Holdings Limited (SEHK:8019) entered into a non-binding Memorandum of understanding to acquire Sichuan Xinshang Medical Technology Co., Limited on January 31, 2022. The Hao Wen Holdings shall conduct the due diligence review in respect of the Possible Acquisition upon signing of the Memorandum of understanding. Subject to the Hao Wen Holdings satisfaction with the due diligence review, the Hao Wen Holdings will agree to proceed to negotiate and with the view to finalize detailed terms and conditions of the Formal Agreement and to execute the Formal Agreement. Announcement • Mar 04
Hao Wen Holdings Limited to Report Fiscal Year 2020 Results on Mar 23, 2021 Hao Wen Holdings Limited announced that they will report fiscal year 2020 results on Mar 23, 2021 Is New 90 Day High Low • Nov 04
New 90-day high: HK$0.25 The company is up 72% from its price of HK$0.14 on 06 August 2020. The Hong Kong market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Finance industry, which is down 7.0% over the same period. Announcement • Oct 15
Hao Wen Holdings Limited announced that it has received HKD 8.584 million in funding On October 14, 2020, Hao Wen Holdings Limited (SEHK:8019) closed the transaction. Announcement • Oct 08
Hao Wen Holdings Limited to Report Q3, 2020 Results on Nov 10, 2020 Hao Wen Holdings Limited announced that they will report Q3, 2020 results on Nov 10, 2020 Announcement • Sep 26
Hao Wen Holdings Limited announced that it expects to receive HKD 8.584 million in funding Hao Wen Holdings Limited (SEHK:8019) announced that it has entered into a placing agreement with Suncorp Securities Limited for a private placement of convertible bonds, on a best effort basis, for gross proceeds of up to HKD 8,584,000 on September 25, 2020. The transaction will include participation from not less than six placees. The transaction is expected to close within ten business days. The bonds to be issued are priced at principal amount. The bonds will carry interest rate of 5%, payable upon maturity or redemption. The bonds will mature in two years from the closing of the transaction. The bonds are convertible into shares at conversion price of HKD 0.2 per share. The conversion period will start on the issue date of the convertible bonds and expiring on the maturity date. The bonds are freely transferable and redeemable in nature. Announcement • Jul 17
Hao Wen Holdings Limited to Report First Half, 2020 Results on Aug 12, 2020 Hao Wen Holdings Limited announced that they will report first half, 2020 results on Aug 12, 2020 