Reported Earnings • Jun 27
Full year 2026 earnings released: EPS: HK$0.034 (vs HK$0.041 in FY 2025) Full year 2026 results: EPS: HK$0.034 (down from HK$0.041 in FY 2025). Revenue: HK$736.8m (down 2.3% from FY 2025). Net income: HK$16.8m (down 18% from FY 2025). Profit margin: 2.3% (down from 2.7% in FY 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Jun 26
Yoho Group Holdings Limited, Annual General Meeting, Aug 26, 2026 Yoho Group Holdings Limited, Annual General Meeting, Aug 26, 2026. Buy Or Sell Opportunity • Apr 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.3% to HK$0.66. The fair value is estimated to be HK$0.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.5% over the last 3 years. Earnings per share has grown by 17%. New Risk • Dec 26
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 9.5% 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 (9.5% average weekly change). Market cap is less than US$100m (HK$339.1m market cap, or US$43.6m). Upcoming Dividend • Dec 15
Upcoming dividend of HK$0.015 per share Eligible shareholders must have bought the stock before 22 December 2025. Payment date: 23 January 2026. Payout ratio is on the higher end at 85% but the company is not cash flow positive. Trailing yield: 4.2%. Lower than top quartile of Hong Kong dividend payers (6.9%). Higher than average of industry peers (2.0%). Reported Earnings • Nov 29
First half 2026 earnings released: EPS: HK$0.016 (vs HK$0.022 in 1H 2025) First half 2026 results: EPS: HK$0.016 (down from HK$0.022 in 1H 2025). Revenue: HK$369.9m (down 4.4% from 1H 2025). Net income: HK$8.12m (down 27% from 1H 2025). Profit margin: 2.2% (down from 2.9% in 1H 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Declared Dividend • Nov 29
First half dividend of HK$0.015 announced Dividend of HK$0.015 is the same as last year. Ex-date: 22nd December 2025 Payment date: 23rd January 2026 Dividend yield will be 4.6%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by earnings (85% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 2 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 5.6% to shift the payout ratio to a potentially unsustainable range, which is less than the 15% EPS decline seen over the last 5 years. Announcement • Nov 28
Yoho Group Holdings Limited Recommends Interim Dividend for First Half Ended September 30, 2025, Payable on or About 23 January 2026 Yoho Group Holdings Limited recommended interim dividend of HKD 0.015 per Share for first half ended September 30, 2025. (1H24/25: HKD 0.015) representing a total amount of approximately HKD 7,387,000. The interim dividend will be paid to the Shareholders on or about Friday, 23 January 2026. whose names appear on the Company's register of members on Monday, 5 January 2026. Ex-dividend date is 22 December 2025. Announcement • Nov 17
Yoho Group Holdings Limited to Report First Half, 2026 Results on Nov 27, 2025 Yoho Group Holdings Limited announced that they will report first half, 2026 results on Nov 27, 2025 Announcement • Aug 30
Yoho Group Holdings Limited Approves Final Dividend for the Year Ended 31 March 2025 Yoho Group Holdings Limited at its AGM held on August 29, 2025 approved final dividend of HKD 0.015 per share for the year ended 31 March 2025. Upcoming Dividend • Aug 27
Upcoming dividend of HK$0.015 per share Eligible shareholders must have bought the stock before 03 September 2025. Payment date: 26 September 2025. Payout ratio is a comfortable 73% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of Hong Kong dividend payers (6.6%). Higher than average of industry peers (1.8%). Declared Dividend • Jun 28
Final dividend of HK$0.015 announced Shareholders will receive a dividend of HK$0.015. Ex-date: 3rd September 2025 Payment date: 26th September 2025 Dividend yield will be 4.4%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is not adequately covered by earnings (97% earnings payout ratio) nor is it covered by cash flows (113% cash payout ratio). The dividend has increased by an average of 12% per year over the past 2 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 7.5% to bring the payout ratio under control, which is less than the 37% EPS growth achieved over the last 3 years. Announcement • Jun 26
Yoho Group Holdings Limited, Annual General Meeting, Aug 29, 2025 Yoho Group Holdings Limited, Annual General Meeting, Aug 29, 2025. Announcement • Jun 16
Yoho Group Holdings Limited to Report Fiscal Year 2025 Results on Jun 26, 2025 Yoho Group Holdings Limited announced that they will report fiscal year 2025 results on Jun 26, 2025 Upcoming Dividend • Dec 13
Upcoming dividend of HK$0.015 per share Eligible shareholders must have bought the stock before 20 December 2024. Payment date: 17 January 2025. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of Hong Kong dividend payers (8.0%). Higher than average of industry peers (1.8%). Reported Earnings • Nov 30
First half 2025 earnings released: EPS: HK$0.022 (vs HK$0.021 in 1H 2024) First half 2025 results: EPS: HK$0.022 (up from HK$0.021 in 1H 2024). Revenue: HK$387.0m (down 2.3% from 1H 2024). Net income: HK$11.2m (up 8.5% from 1H 2024). Profit margin: 2.9% (up from 2.6% in 1H 2024). The increase in margin was driven by lower expenses. Announcement • Nov 28
Yoho Group Holdings Limited Announces Interim Dividend for the Six Months Ended 30 September 2024, Payable on 17 January 2025 Yoho Group Holdings Limited announced interim dividend of HKD 0.015 per share for the six months ended 30 September 2024. Ex-dividend date is 23 December 2024; Record date is 02 January 2025; Payment date is 17 January 2025. Announcement • Nov 18
Yoho Group Holdings Limited to Report First Half, 2025 Results on Nov 28, 2024 Yoho Group Holdings Limited announced that they will report first half, 2025 results on Nov 28, 2024 Announcement • Aug 30
Yoho Group Holdings Limited Declares Final Dividend for the Year Ended March 31, 2024 Yoho Group Holdings Limited declares a final dividend of HKD 0.030 per share for the year ended March 31, 2024, at the AGM held on August 30, 2024. Upcoming Dividend • Aug 28
Upcoming dividend of HK$0.03 per share Eligible shareholders must have bought the stock before 04 September 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 5.2%. Lower than top quartile of Hong Kong dividend payers (8.4%). Higher than average of industry peers (2.2%). Announcement • Jul 22
Yoho Group Holdings Limited Announces Board Changes The board of directors of Yoho Group Holdings Limited announced that Mr. Hsieh Wing Hong Sammy tendered his resignation as a non-executive Director and ceased to be a member of the strategy and investment committee of the Company with effect from 22 July 2024 in order to devote more time to his other work commitments. The Board announces that, following the resignation of Mr. Hsieh, the Strategy and Investment Committee will be composed of Mr. Wu Faat Chi, Ms. Tsui Ka Wing and Mr. Man Lap effective from 22 July 2024. Announcement • Jun 28
Yoho Group Holdings Limited, Annual General Meeting, Aug 30, 2024 Yoho Group Holdings Limited, Annual General Meeting, Aug 30, 2024. Reported Earnings • Jun 28
Full year 2024 earnings released: EPS: HK$0.045 (vs HK$0.013 in FY 2023) Full year 2024 results: EPS: HK$0.045 (up from HK$0.013 in FY 2023). Revenue: HK$841.1m (down 1.6% from FY 2023). Net income: HK$22.3m (up 254% from FY 2023). Profit margin: 2.7% (up from 0.7% in FY 2023). The increase in margin was driven by lower expenses. Announcement • Jun 18
Yoho Group Holdings Limited to Report Fiscal Year 2024 Results on Jun 27, 2024 Yoho Group Holdings Limited announced that they will report fiscal year 2024 results on Jun 27, 2024 Announcement • Jun 08
Yoho Group Holdings Limited Provides Earnings Guidance for the Year Ended March 2024 Yoho Group Holdings Limited provided earnings Guidance for the year ended March 2024. For the year company expected to record (i) a net profit of not less than HKD 21.0 million, as compared to a net profit of approximately HKD 6.3 million for the year ended 31 March 2023. Buy Or Sell Opportunity • May 23
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 24% to HK$0.82. The fair value is estimated to be HK$0.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last year. Earnings per share has declined by 26%. Announcement • Feb 02
Yoho Group Holdings Limited Announces Management Changes The board of directors of Yoho Group Holdings Limited announced that with effect from 2 February 2024, Mr. Adamczyk Alexis Thomas David has resigned as a non-executive Director and ceased to be a member of the audit committee of the Company, in order to devote more time to his other work commitments. The Board also announced that Mr. Man Lap has been appointed as a member of the Audit Committee in place of Mr. Adamczyk, effective from 2 February 2024. Following this change, the Audit Committee will be composed of Mr. Ho Yun Tat, Dr. Leung Shek Ling Olivia and Mr. Man. Reported Earnings • Nov 24
First half 2024 earnings released: EPS: HK$0.021 (vs HK$0.003 in 1H 2023) First half 2024 results: EPS: HK$0.021 (up from HK$0.003 in 1H 2023). Revenue: HK$396.3m (down 12% from 1H 2023). Net income: HK$10.3m (up HK$9.28m from 1H 2023). Profit margin: 2.6% (up from 0.2% in 1H 2023). Announcement • Nov 14
Yoho Group Holdings Limited to Report Q2, 2024 Results on Nov 23, 2023 Yoho Group Holdings Limited announced that they will report Q2, 2024 results on Nov 23, 2023 Announcement • Aug 01
Yoho Group Holdings Ltd. Announces Executive Changes The board of directors of Yoho Group Holdings Limited announced that with effect from 31 July 2023, Mr. Chan Shun ("Mr. Chan") has resigned as an independent non-executive Director, a member of the audit committee of the Company (the "Audit Committee"), a member of the nomination committee of the Company (the "Nomination Committee") and the chairman of the remuneration committee of the Company (the "Remuneration Committee"). Mr. Chan resigned from his position of the Group in order to rearrange his time schedule to devote more time to his other commitments and engagements. Mr. Chan has confirmed that he has no disagreement with the Board, nor was there any matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. Following Mr. Chan's resignation, Dr. Leung Shek Ling Olivia ("Dr. Leung") has been appointed as an independent non-executive Director with effect from 31 July 2023. Leung Shek Ling Olivia (formerly known as Leung Wai Fong Olivia, aged 51, is a Canadian Chartered Accountant, PhD and associate professor of teaching in Accounting. Dr. Leung has been the principle lecturer of the Faculty of Business and Economics of The University of Hong Kong since July 2011 and the associate dean of the Faculty of Business and Economics of The University of Hong Kong since January 2020. Her primary working experience includes: assistant professor and principle lecturer of accounting at The City University of Hong Kong from August 2004 to June 2011, director of the International Business and Global Management Program of The University of Hong Kong from June 2016 to October 2018 and assistant dean of the Faculty of Business and Economics of The University of Hong Kong from June 2016 to December 2019. Dr. Leung obtained a bachelor's degree from The University of British Columbia in Canada and a doctorate degree from The Chinese University of Hong Kong in June 1994 and June 2004, respectively. Since June 2020, Dr. Leung has been an independent non-executive director of GF Securities Co. Ltd. a company listed on the Main Board of the Stock Exchange and the Shenzhen Stock Exchange. Dr. Leung's appointment was recommended by the Nomination Committee after taking into account her previous work experience. Taking into consideration of the diversity perspectives (including but not limited to gender, age, cultural and educational background, professional experience, length of service, skills and knowledge), the Board is satisfied that Dr. Leung is of such character, integrity and experience commensurating with the office of an independent non-executive Director. The Board also believes that Dr. Leung has sufficient experience in the corporate governance matters which will better support the Board and the Company to maintain the level of good corporate governance. Dr. Leung brings a wealth of expertise and experience in both the academic and professional realms, making her a valuable addition to board. With a Ph.D. in Accounting from The Chinese University of Hong Kong and a Bachelor of Commerce (Hons.) in Accounting from The University of British Columbia, Canada, Dr. Leung possesses a strong academic background that underpins her deep understanding of the subject matter. Furthermore, Dr. Leung is a qualified Chartered Accountant of the Institute of Chartered Accountants of British Columbia (ICABA) in Canada. Her professional CPA designation adds a layer of credibility and expertise to her role as an independent non-executive Director, particularly in matters relating to financial reporting and auditing. In addition to her academic and professional qualifications, Dr. Leung has a keen interest in corporate governance. Her research and expertise in this area make her well-equipped to contribute valuable insights and guidance to Board's discussions and decision- making processes. The Board announced that, with effect from 31 July 2023, the composition of the Board committees has been changed as follows: Audit Committee: Upon Mr. Chan's resignation as an independent non-executive Director, he ceased to act as a member of the Audit Committee. Dr. Leung has been appointed as a member of the Audit Committee. Nomination Committee: Upon Mr. Chan's resignation as an independent non-executive Director, he ceased to act as a member of the Nomination Committee. Dr. Leung has been appointed as a member of the Nomination Committee. Remuneration Committee: Upon Mr. Chan's resignation as an independent non-executive Director, he ceased to act as the chairman of the Remuneration Committee. Dr. Leung has been appointed as the chairwoman of the Remuneration Committee. The Board announced that Mr. Lam Wai Chiu ("Mr. Lam") has tendered his letter of resignation and will resign as the company secretary and an authorised representative of the Company under Rule 3.05 of the Listing Rules with effect from 31 July 2023. Mr. Lam resigned from his position of the Group in order to devote more time to focus on his other personal commitments. Mr. Lam has confirmed that he has no disagreement with the Board, nor was there any matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company and the Stock Exchange. Following Mr. Lam's resignation, Ms. Chan Sau Ling ("Ms. Chan") has been appointed as the company secretary and an authorised representative of the Company under Rule 3.05 of the Listing Rules with effect from 31 July 2023. Ms. Chan Sau Ling is currently a Director of Corporate Services of Tricor Services Limited, Asia's leading Business Expansion Specialist. Ms. Chan has been providing corporate secretarial and compliance services to Hong Kong listed companies as well as multinational, private and offshore companies. Ms. Chan has over 25 years of experience in the corporate secretarial and compliance service field. Ms. Chan is currently acting as the company secretary or joint company secretary of a few listed companies on the Stock Exchange. Ms. Chan is a Chartered Secretary, a Chartered Governance Professional and a Fellow of both The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom. New Risk • Jul 13
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 66% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 184% Paying a dividend despite having no free cash flows. Earnings have declined by 14% per year over the past 5 years. High level of non-cash earnings (66% accrual ratio). Minor Risk Market cap is less than US$100m (HK$390.0m market cap, or US$49.9m). New Risk • Jul 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 56% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (184% payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (HK$405.0m market cap, or US$51.7m). New Risk • Jun 26
New minor risk - Dividend sustainability The dividend is not well covered by earnings. Payout ratio: 184% Dividend yield: 3.1% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (184% payout ratio). Market cap is less than US$100m (HK$390.0m market cap, or US$49.8m). Announcement • Jun 24
Yoho Group Holdings Ltd., Annual General Meeting, Aug 31, 2023 Yoho Group Holdings Ltd., Annual General Meeting, Aug 31, 2023. Agenda: To consider final dividend. Reported Earnings • Jun 24
Full year 2023 earnings released: EPS: HK$0.013 (vs HK$0.001 loss in FY 2022) Full year 2023 results: EPS: HK$0.013 (up from HK$0.001 loss in FY 2022). Revenue: HK$855.1m (up 8.2% from FY 2022). Net income: HK$6.30m (up HK$6.53m from FY 2022). Profit margin: 0.7% (up from 0% in FY 2022). The increase in margin was driven by higher revenue. Announcement • Jun 24
Yoho Group Holdings Ltd. Proposes Final Dividend for the Year Ended 31 March 2023, Payable on 27 September 2023 Yoho Group Holdings Ltd. proposed Final Dividend of HKD 0.024 per share For The Year Ended 31 March 2023. Ex-dividend date is 05 September 2023. Record date is 12 September 2023. Payment date is 27 September 2023. New Risk • Jun 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. 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 8.6% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Large one-off items impacting financial results. Market cap is less than US$100m (HK$385.0m market cap, or US$49.2m). Announcement • Jun 10
Yoho Group Holdings Ltd. to Report Fiscal Year 2023 Results on Jun 23, 2023 Yoho Group Holdings Ltd. announced that they will report fiscal year 2023 results on Jun 23, 2023 Announcement • Nov 16
Yoho Group Holdings Ltd. to Report First Half, 2023 Results on Nov 24, 2022 Yoho Group Holdings Ltd. announced that they will report first half, 2023 results on Nov 24, 2022 Board Change • Nov 16
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. No experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Chairman & CEO Faat Chi Wu is the most experienced director on the board, commencing their role in 2021. Independent Non-Executive Director Sam Zhongshan Qian 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 • Nov 12
Yoho Group Holdings Ltd. Provides Earnings Guidance for the Six Months Ended 30 September 2022 Yoho Group Holdings Ltd. provided earnings guidance for the six months ended 30 September 2022. For the period, the Group is expected to record a net profit of not less than approximately HKD 1.0 million as compared to a net loss of approximately HKD 18.9 million for the six months ended 30 September 2021. Recent Insider Transactions • Sep 06
Chairman & CEO recently bought HK$188k worth of stock On the 5th of September, Faat Chi Wu bought around 128k shares on-market at roughly HK$1.47 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$515k. Faat Chi has been a buyer over the last 12 months, purchasing a net total of HK$4.6m worth in shares. Recent Insider Transactions • Aug 10
Chairman & CEO recently bought HK$189k worth of stock On the 2nd of August, Faat Chi Wu bought around 108k shares on-market at roughly HK$1.75 per share. In the last 3 months, they made an even bigger purchase worth HK$515k. Faat Chi has been a buyer over the last 12 months, purchasing a net total of HK$3.5m worth in shares. Recent Insider Transactions • Jul 13
Chairman & CEO recently bought HK$249k worth of stock On the 11th of July, Faat Chi Wu bought around 182k shares on-market at roughly HK$1.37 per share. This was the largest purchase by an insider in the last 3 months. This was Faat Chi's only on-market trade for the last 12 months. Announcement • Jul 09
Yoho Group Holdings Ltd. Announces Resignation of Law Kwai Yee as the Chief Financial Officer, Effective July 9, 2022 The board of directors of Yoho Group Holdings Limited announced that Mr. Law Kwai Yee will resign as the Chief Financial Officer of the Group with effect from 9 July 2022. Mr. Law Kwai Yee joined the Group in June 2021 from the investment banking industry and used his corporate finance experience to assist the Group in its mission to raise capital in the capital markets during its application for initial listing. Mr. Law expressed a desire to return to the investment banking industry, and having completed the Company's initial listing and secured a high paid position in a bulge bracket investment bank, Mr. Law therefore resigns from the position of Chief Financial Officer of the Group. Following the effective date of his resignation, Mr. Law will not hold any position in the Group. Mr. Law confirmed that he did not have any disagreement with the Board and there is not any matter that needs to be brought to the attention of the shareholders of the Company in relation to his resignation, and appreciated his valuable experience in the Group for the past year. Reported Earnings • Jun 22
Full year 2022 earnings released: HK$0.001 loss per share (vs HK$0.07 profit in FY 2021) Full year 2022 results: HK$0.001 loss per share (down from HK$0.07 profit in FY 2021). Revenue: HK$790.1m (up 51% from FY 2021). Net loss: HK$225.0k (down 101% from profit in FY 2021). Profit margin: 0% (down from 5.5% in FY 2021). Announcement • Jun 18
Yoho E-Commerce Holdings Limited, Annual General Meeting, Sep 16, 2022 Yoho E-Commerce Holdings Limited, Annual General Meeting, Sep 16, 2022. Agenda: To consider the annual report for the year ended 31 March 2022 will be published. Announcement • Jun 11
Yoho E-Commerce Holdings Limited to Report Fiscal Year 2022 Results on Jun 17, 2022 Yoho E-Commerce Holdings Limited announced that they will report fiscal year 2022 results on Jun 17, 2022 Announcement • Jun 10
Yoho E-Commerce Holdings Limited has completed an IPO in the amount of HKD 115.5 million. Yoho E-Commerce Holdings Limited has completed an IPO in the amount of HKD 115.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,500,000
Price\Range: HKD 2.1
Discount Per Security: HKD 0.063
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 49,500,000
Price\Range: HKD 2.1
Discount Per Security: HKD 0.063
Transaction Features: Regulation S Board Change • Jun 10
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. No experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Chairman & CEO Faat Chi Wu is the most experienced director on the board, commencing their role in 2021. Independent Non-Executive Director Sam Zhongshan Qian 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. 
