Board Change • Jun 09
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Jing Dong was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 05
Wison Engineering Services Co. Ltd. Announces Changes in Directors and Board Committee, Effective June 5, 2026 Wison Engineering Services Co. Ltd. at its Annual General Meeting held on June 5, 2026, announced that Mr. Lee and Mr. Feng have each served as independent non-executive Directors for over nine years and have decided not to seek re-election at the AGM. As a result, they will step down from their positions at the end of the AGM. Following Mr. Lee’s retirement, he is no longer Chairman of the Audit Committee or a member of the Nomination Committee and Remuneration Committee. Prof. Dong Jing has been appointed as the new Chairman of the Audit Committee, effective from the end of the AGM. After Mr. Feng’s retirement, he is no longer Chairman of the Remuneration Committee or a member of the Audit Committee and Nomination Committee. Prof. Shi Donghui has been appointed as the new Chairman of the Remuneration Committee, effective from the end of the AGM. Recent Insider Transactions • Apr 15
CEO & Executive Chairman recently sold HK$103k worth of stock On the 9th of April, Hongliang Zhou sold around 184k shares on-market at roughly HK$0.56 per share. This transaction amounted to 3.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Hongliang's only on-market trade for the last 12 months. Reported Earnings • Mar 27
Full year 2025 earnings released: EPS: CN¥0.035 (vs CN¥0.035 in FY 2024) Full year 2025 results: EPS: CN¥0.035 (in line with FY 2024). Revenue: CN¥7.60b (up 35% from FY 2024). Net income: CN¥142.4m (flat on FY 2024). Profit margin: 1.9% (down from 2.5% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Mar 27
Wison Engineering Services Co. Ltd., Annual General Meeting, Jun 05, 2026 Wison Engineering Services Co. Ltd., Annual General Meeting, Jun 05, 2026. Announcement • Mar 16
Wison Engineering Services Co. Ltd. to Report Fiscal Year 2025 Results on Mar 26, 2026 Wison Engineering Services Co. Ltd. announced that they will report fiscal year 2025 results at 4:00 PM, China Standard Time on Mar 26, 2026 New Risk • Nov 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 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. This is currently the only risk that has been identified for the company. Reported Earnings • Sep 28
First half 2025 earnings released: EPS: CN¥0.018 (vs CN¥0.008 loss in 1H 2024) First half 2025 results: EPS: CN¥0.018 (up from CN¥0.008 loss in 1H 2024). Revenue: CN¥3.65b (up 99% from 1H 2024). Net income: CN¥74.6m (up CN¥108.9m from 1H 2024). Profit margin: 2.0% (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 88% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 23
First half 2025 earnings released: EPS: CN¥0.018 (vs CN¥0.008 loss in 1H 2024) First half 2025 results: EPS: CN¥0.018 (up from CN¥0.008 loss in 1H 2024). Revenue: CN¥3.65b (up 99% from 1H 2024). Net income: CN¥74.6m (up CN¥108.9m from 1H 2024). Profit margin: 2.0% (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 88% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Aug 11
Wison Engineering Services Co. Ltd. to Report First Half, 2025 Results on Aug 21, 2025 Wison Engineering Services Co. Ltd. announced that they will report first half, 2025 results on Aug 21, 2025 Announcement • Jul 25
Wison Engineering Services Co. Ltd. Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2025 Wison Engineering Services Co. Ltd. provided consolidated earnings guidance for the six months ended 30 June 2025. for the six months, the Group is expected to record a net profit for the Period of not less than RMB70 million, as compared to a net loss of approximately RMB 41 million for the six months ended 30 June 2024. The estimated turnaround from net loss to net profit is primarily attributable to the significant increase in the scale of the Company's operating revenue, as well as the positive results in the Company's work to improve quality and efficiency, which resulted in an increase in the gross profit margin. Announcement • Jun 12
Sungrow Hydrogen & Wison Engineering Unveil Next-Generation "Plant-as-a-Product" Turnkey Solution at SNEC Sungrow Hydrogen and Wison Engineering made waves in the green energy sector by jointly launching MegaFlex "Plant-as-a-Product" – a turnkey solution that reshapes green hydrogen production. Featuring MW-to-GW scalability and fully outdoor modular design, this system overcomes traditional indoor plant limitations while enabling faster deployment and lower costs, setting new standards for the hydrogen economy worldwide. The next-generation solution redefines green hydrogen production through its large-scale, globally adaptable design. Combining standardized modular architecture with intelligent engineering, this innovative system embodies the "Plant-as-a-Product" philosophy - transforming conventional project-based construction into a replicable industrial model. The complete turnkey package integrates core electrolysis equipment with plant-wide utilities and auxiliary systems: power supply, cooling systems, water treatment, and intelligent controls. By significantly reducing delivery timelines, lowering construction costs, and enhancing operational reliability, the solution establishes new benchmarks for efficient, economical, and dependable green hydrogen production worldwide. It enables: Safe and reliable hydrogen production with flexible water electrolysis technology, Quick setup and easy expansion (faster deployment through modular delivery and standardized design for accelerated ROI, with seamless scalability from MW-to-GW level), Significant reduction in on-site risks and acceleration of delivery via plug-and-play modular solutions. At the solution's core lies Sungrow Hydrogen's advanced water electrolysis technology, which delivers reliable outdoor operation through its weatherproof design. It features corrosion-resistant equipment with robust protection against extreme temperatures, water ingress, dust, corrosion, lightning, and sunlight—enabling performance in challenging environments. Board Change • Jun 11
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Ruqian Guo was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 04
Full year 2024 earnings released: EPS: CN¥0.035 (vs CN¥0.048 loss in FY 2023) Full year 2024 results: EPS: CN¥0.035 (up from CN¥0.048 loss in FY 2023). Revenue: CN¥5.65b (up 47% from FY 2023). Net income: CN¥141.6m (up CN¥337.7m from FY 2023). Profit margin: 2.5% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Mar 30
Full year 2024 earnings released: EPS: CN¥0.035 (vs CN¥0.048 loss in FY 2023) Full year 2024 results: EPS: CN¥0.035 (up from CN¥0.048 loss in FY 2023). Revenue: CN¥5.65b (up 47% from FY 2023). Net income: CN¥141.6m (up CN¥337.7m from FY 2023). Profit margin: 2.5% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Mar 28
Wison Engineering Services Co. Ltd., Annual General Meeting, Jun 06, 2025 Wison Engineering Services Co. Ltd., Annual General Meeting, Jun 06, 2025. Announcement • Mar 17
Wison Engineering Services Co. Ltd. to Report Fiscal Year 2024 Results on Mar 27, 2025 Wison Engineering Services Co. Ltd. announced that they will report fiscal year 2024 results on Mar 27, 2025 New Risk • Jan 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 9.7% 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 40% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.7% average weekly change). Recent Insider Transactions • Nov 09
Non-Executive Chairman of the Board recently bought HK$144k worth of stock On the 5th of November, Hongjun Liu bought around 880k shares on-market at roughly HK$0.16 per share. This transaction amounted to 88% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth HK$159k. This was Hongjun's only on-market trade for the last 12 months. Recent Insider Transactions • Oct 23
Senior VP & Executive Director recently bought HK$65k worth of stock On the 17th of October, Shifeng Zheng bought around 400k shares on-market at roughly HK$0.16 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth HK$159k. Insiders have collectively bought HK$224k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Oct 01
CEO & Executive Director recently bought HK$159k worth of stock On the 27th of September, Hongliang Zhou bought around 1m shares on-market at roughly HK$0.16 per share. This transaction amounted to 31% 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 Hongliang's only on-market trade for the last 12 months. Reported Earnings • Sep 28
First half 2024 earnings released: CN¥0.008 loss per share (vs CN¥0.026 loss in 1H 2023) First half 2024 results: CN¥0.008 loss per share (improved from CN¥0.026 loss in 1H 2023). Revenue: CN¥1.84b (down 2.9% from 1H 2023). Net loss: CN¥34.3m (loss narrowed 67% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Announcement • Aug 28
Wison Engineering Services Co. Ltd. Appoints Li Dun as Executive Director Wison Engineering Services Co. Ltd. announced that Mr. Li Dun has been appointed as an executive director of the Company with effect from 28 August 2024. Mr. Li Dun, aged 53, an executive director of the Company and the chief financial officer of the Group, is mainly responsible for overseeing the finance and treasury function of the Group. He has extensive experience in the fields of financial controlling, corporate finance and investment. Prior to joining the Group as the chief financial officer in April 2024, Mr. Li served as the chief financial officer of Wison Group Holding Limited from December 2020 to April 2024. Before that, he served as the chief financial officer of Tiandihuayu Logistics Co. Limited, the Greater China region financial director of Bobst Group SA and the chief financial officer of the logistics business unit of Sinochem International Corporation. Mr. Li obtained a bachelor's degree in applied accounting from Oxford Brookes University and a master's degree in business administration from the University of Texas. He is also a fellow member of the Association of Chartered Certified Accountants. Announcement • Aug 16
Wison Engineering Services Co. Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Wison Engineering Services Co. Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 New Risk • Jul 19
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$749.6m (US$96.0m) 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 Risk Earnings have declined by 58% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$749.6m market cap, or US$96.0m). New Risk • Apr 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 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 Earnings have declined by 58% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). New Risk • Apr 17
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$774.0m (US$98.8m) 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 Risk Earnings have declined by 58% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$774.0m market cap, or US$98.8m). Announcement • Mar 28
Wison Engineering Services Co. Ltd., Annual General Meeting, Jun 07, 2024 Wison Engineering Services Co. Ltd., Annual General Meeting, Jun 07, 2024. Reported Earnings • Mar 28
Full year 2023 earnings released: CN¥0.048 loss per share (vs CN¥0.29 loss in FY 2022) Full year 2023 results: CN¥0.048 loss per share (improved from CN¥0.29 loss in FY 2022). Revenue: CN¥3.84b (down 18% from FY 2022). Net loss: CN¥196.1m (loss narrowed 84% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Announcement • Mar 16
Wison Engineering Services Co. Ltd. to Report Fiscal Year 2023 Results on Mar 27, 2024 Wison Engineering Services Co. Ltd. announced that they will report fiscal year 2023 results on Mar 27, 2024 Announcement • Feb 20
Wison Engineering Services Co. Ltd. Appoints Zhou Yu as Executive Director The board of directors of Wison Engineering Services Co. Ltd. announced that Mr. Zhou Yu (``Mr. Zhou'') has been appointed as an executive director of the Company, with effect from 19 February 2024. Mr. Zhou Yu, aged 45, an executive director of the Company and the chief financial officer of the Group, is mainly responsible for overseeing the finance and treasury function of the Group. He has extensive experience in the fields of financial controlling, corporate finance and international tax planning. Prior to joining the Company, Mr. Zhou served as the chief financial officer and senior vice president of Energas Gas Group -- OPRA Gas Turbine from September 2019 to February 2024. From September 2017 to September 2019, he served as the chief financial officer of Shanghai Xusen Group. Prior to that, he held the positions as financial controller and finance department head in various companies, including State Grid Yingda Co. Ltd., Jiangsu Huachang Chemical Co. Ltd. and other private enterprises in the People's Republic of China. Mr. Zhou obtained a bachelor's degree in accounting from Shanghai University of Finance and Economics in June 2001 and a master's degree in accounting from Shanghai Jiao Tong University in June 2010. He obtained advanced diploma in management accounting of the Chartered Institute of Management Accountants in 2011. Mr. Zhou has entered into a service agreement with the Company for an initial term of three years commencing from 19 February 2024. Notwithstanding the above, according to the articles of association of the Company, Mr. Zhou will hold office until the next following annual general meeting of the Company and shall be eligible for re-election, and thereafter Mr. Zhou will be subject to retirement by rotation and re-election at least once every three years in accordance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ``Listing Rules''). Board Change • Oct 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. 2 highly experienced directors. Senior VP & Executive Director Shifeng Zheng 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. Reported Earnings • Aug 28
First half 2023 earnings released: CN¥0.026 loss per share (vs CN¥0.063 loss in 1H 2022) First half 2023 results: CN¥0.026 loss per share (improved from CN¥0.063 loss in 1H 2022). Revenue: CN¥1.89b (down 14% from 1H 2022). Net loss: CN¥104.7m (loss narrowed 59% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance. Announcement • Aug 16
Wison Engineering Services Co. Ltd. to Report Q2, 2023 Results on Aug 25, 2023 Wison Engineering Services Co. Ltd. announced that they will report Q2, 2023 results on Aug 25, 2023 Announcement • Jul 29
Wison Engineering Services Co. Ltd. Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended 30 June 2023 Wison Engineering Services Co. Ltd. provided unaudited consolidated earnings guidance for the six months ended 30 June 2023. For the six months ended 30 June 2023, it is expected that the loss for the Period of the Company will decrease significantly to not more than RMB 120 million. Reported Earnings • Mar 29
Full year 2022 earnings released: CN¥0.29 loss per share (vs CN¥0.023 loss in FY 2021) Full year 2022 results: CN¥0.29 loss per share (further deteriorated from CN¥0.023 loss in FY 2021). Revenue: CN¥4.66b (down 26% from FY 2021). Net loss: CN¥1.19b (loss widened CN¥1.09b from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. 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. 4 non-independent directors. Independent Non-Executive Director Richard Feng was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 02
First half 2022 earnings released: CN¥0.063 loss per share (vs CN¥0.022 loss in 1H 2021) First half 2022 results: CN¥0.063 loss per share (down from CN¥0.022 loss in 1H 2021). Revenue: CN¥2.21b (down 13% from 1H 2021). Net loss: CN¥255.6m (loss widened 182% from 1H 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance. Announcement • Aug 18
Wison Engineering Services Co. Ltd. to Report First Half, 2022 Results on Aug 29, 2022 Wison Engineering Services Co. Ltd. announced that they will report first half, 2022 results on Aug 29, 2022 Announcement • Aug 03
Wison Engineering Services Co. Ltd. Announces Resignation of Dong Hua as Executive Director Wison Engineering Services Co. Ltd. announced that with effect from 2 August 2022, Mr. Dong Hua has tendered his resignation as an executive director of the Company due to changes in work arrangement. Mr. Dong has confirmed that he has no disagreements with the Board and there are no matters relating to his resignation that need to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. Announcement • Jul 23
Wison Engineering Services Co. Ltd. Provides Preliminary Unaudited Consolidated Group Earnings Guidance for the Six-Month Period Ended June 30, 2022 Wison Engineering Services Co. Ltd. provided preliminary unaudited consolidated group earnings guidance for the six-month period ended June 30, 2022. For the period, the group expects the loss will increase substantially to be between approximately RMB 250 million and RMB 300 million as compared to a loss of approximately RMB 90.83 million for the six-month period ended June 30, 2021. The expected increase in loss was mainly attributable to, among others, the following reasons: Under constant COVID-19 pandemic prevention and control restrictions and regulations, the progress of the Group's overseas engineering, procurement and construction (EPC) projects has been seriously affected, slowdown and even delay in completion of certain projects were unavoidable, causing decrease in revenue of the Group accordingly. These delay and time overrun in projects have led to an increase in fixed labour cost, subcontracting fee, freight and overhead expense, which lead to decrease in gross profit of the Group. The Group will endeavour to negotiate with the representatives of the project owners to make claims on the company’s overrun cost resulted from the unavoidable delay in projects; The decrease in gross profit margin, which is mainly resulted from structural changes in gross profit margin of different contract types; and A new wave of COVID-19 pandemic occurred in the People's Republic of China (the PRC) during the Period. In response to the COVID-19 pandemic, the PRC government implemented a series of lockdown measures and travel restrictions in the country, which caused disruptions to the Group's marketing development activities, resulting in a decrease in the number of new projects awarded to the Group for the Period. 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. 5 non-independent directors. Independent Non-Executive Director Richard Feng was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 30
Full year 2021 earnings released: CN¥0.023 loss per share (vs CN¥0.067 loss in FY 2020) Full year 2021 results: CN¥0.023 loss per share (up from CN¥0.067 loss in FY 2020). Revenue: CN¥6.28b (up 19% from FY 2020). Net loss: CN¥92.6m (loss narrowed 66% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Announcement • Mar 29
Wison Engineering Services Co. Ltd., Annual General Meeting, Jun 14, 2022 Wison Engineering Services Co. Ltd., Annual General Meeting, Jun 14, 2022. Announcement • Feb 12
Wison Engineering Services Co. Ltd. Provides Consolidated Earnings Guidance for the Year Ended December 31, 2021 Wison Engineering Services Co. Ltd. provided consolidated earnings guidance for the year ended December 31, 2021. Based on the preliminary assessment of the Board with reference to the unaudited consolidated management accounts of the Group for the year ended 31 December 2021 and other information currently available to the Board, it is expected that the Group would record the loss for the Year to decrease significantly to not more than RMB 100 million as compared to a loss of approximately RMB 271.5 million for the year ended 31 December 2020. The estimated narrowed loss is primarily attributable to the good progress being made on the work of engineering, procurement and construction project and an increase in Project volume, resulting in increases in both revenue and gross profit generated from the EPC business during the Year as compared to the year ended 31 December 2020. However, the expected loss was mainly due to (i) the depreciation and amortization expenses of the office building and leasehold land held by the Group; and (ii) the provision for impairment on financial and contract assets of the Group. The Board wishes to emphasis that the above-mentioned depreciation and provision made are non-cash in nature and do not have any impact on the cash flow of the Group. Reported Earnings • Sep 26
First half 2021 earnings released: CN¥0.022 loss per share (vs CN¥0.002 profit in 1H 2020) The company reported a soft first half result with weaker earnings and weaker control over costs, although revenues improved. First half 2021 results: Revenue: CN¥2.55b (up 10% from 1H 2020). Net loss: CN¥90.8m (down CN¥100.1m from profit in 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 27
First half 2021 earnings released: CN¥0.022 loss per share (vs CN¥0.002 profit in 1H 2020) The company reported a soft first half result with weaker earnings and weaker control over costs, although revenues improved. First half 2021 results: Revenue: CN¥2.55b (up 10% from 1H 2020). Net loss: CN¥90.8m (down CN¥100.1m from profit in 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 28
Full year 2020 earnings released: CN¥0.067 loss per share (vs CN¥0.012 profit in FY 2019) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: CN¥5.30b (up 21% from FY 2019). Net loss: CN¥271.2m (down CN¥321.8m from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 27
Full year 2020 earnings released: CN¥0.067 loss per share (vs CN¥0.012 profit in FY 2019) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: CN¥5.30b (up 21% from FY 2019). Net loss: CN¥271.2m (down CN¥321.8m from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Announcement • Mar 17
Wison Engineering Services Co. Ltd. to Report Fiscal Year 2020 Results on Mar 26, 2021 Wison Engineering Services Co. Ltd. announced that they will report fiscal year 2020 results on Mar 26, 2021 Announcement • Feb 24
Wison Engineering Services Co. Ltd. Wins EPC Contract for Gas Processing Project from Saudi Aramco Wison Engineering announced that it was awarded an engineering, procurement, construction (EPC) lump-sum contract by Saudi Aramco, for a gas processing project in Shaybah oil field in Saudi Arabia. This is the first oil & gas project undertaken by Wison in the Middle East, and also the first modular project in Saudi Arabia. Shaybah Gas Processing Plant is located in the heartland of Rub' al-Khali desert. In the new project, Wison Engineering will build a brownfield 'Dew Point Control' unit at upstream of existing Acid Gas Removal Units (AGRU). This new unit will recover heavy hydrocarbons from the raw gas, remove acid gas from heavy hydrocarbons, and therefore enable to control foaming in Acid Gas Removal Units and expend gas processing capacity. This project is the first EPC project awarded to Wison Engineering by Saudi Aramco. Built upon its abundant experience in the region, Wison Engineering has established a good track record in project execution and modularization in the Middle East. Winning the project once again symbolizes world multi-national company's recognition on Wison's EPC capability. Announcement • Feb 19
Wison Engineering Services Co. Ltd. Announces Management Changes Wison Engineering Services Co. Ltd. announced Ms. Tsang Chi Ka has been appointed as the Company Secretary with effect from February 18, 2021; and Mr. Zhou Hongliang will cease to act as an Authorized Representative with effect from February 18, 2021 and Ms. Tsang Chi Ka has been appointed as an Authorized Representative with effect from February 18, 2021. Ms. Tsang holds a Bachelor's degree in Science from University of Sydney, Master of Risk Management degree from University of New South Wales, Master of Corporate Governance degree and Master of Professional Accounting degree both from The Open University of Hong Kong. Ms. Tsang is an associate member of Hong Kong Institute of Chartered Secretaries and The Institute of Chartered Secretaries and Administrators in the United Kingdom. Is New 90 Day High Low • Feb 17
New 90-day low: HK$0.52 The company is down 32% from its price of HK$0.76 on 19 November 2020. The Hong Kong market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is up 63% over the same period. Executive Departure • Feb 09
CEO & Executive Director Wei Rong has left the company On the 5th of February, Wei Rong, was replaced as CEO by Shaochun Yan after 3.0 years in the role. We don't have any record of a personal shareholding under Wei's name. A total of 3 executives have left over the last 12 months. Under Wei's leadership, the company delivered a total shareholder return of -63%. Executive Departure • Feb 02
Company Secretary has left the company On the 31st of January, Wai Mei Luk's tenure as Company Secretary ended after 16.4 years in the role. We don't have any record of a personal shareholding under Wai Mei's name. A total of 2 executives have left over the last 12 months. Announcement • Jan 28
Wison Engineering Services Co. Ltd. Announces Executive Changes Wison Engineering Services Co. Ltd. announced that Ms. Luk Wai Mei has resigned as the company secretary of the Company with effect from January 31, 2021. The Company is in the process of identifying suitable candidate to fill in the vacancy of Company Secretary. The Board announces that Ms. Luk will cease to act as an authorized representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited with effect from January 31, 2021. Mr. Zhou Hongliang has been appointed as an Authorized Representative with effect from January 31, 2021. Is New 90 Day High Low • Jan 20
New 90-day low: HK$0.57 The company is down 28% from its price of HK$0.79 on 22 October 2020. The Hong Kong market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is up 55% over the same period. Is New 90 Day High Low • Dec 21
New 90-day low: HK$0.71 The company is down 11% from its price of HK$0.80 on 22 September 2020. The Hong Kong market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is up 19% over the same period. Is New 90 Day High Low • Dec 04
New 90-day low: HK$0.74 The company is down 3.0% from its price of HK$0.76 on 04 September 2020. The Hong Kong market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is up 7.0% over the same period. Reported Earnings • Sep 24
First half earnings released Over the last 12 months the company has reported total profits of CN¥48.4m, down 19% from the prior year. Total revenue was CN¥5.07b over the last 12 months, up 40% from the prior year. Announcement • Aug 18
Wison Engineering Services Co. Ltd. to Report First Half, 2020 Results on Aug 25, 2020 Wison Engineering Services Co. Ltd. announced that they will report first half, 2020 results on Aug 25, 2020