Announcement • Jun 09
Beijing Digital Telecom Co., Ltd., Annual General Meeting, Jun 30, 2026 Beijing Digital Telecom Co., Ltd., Annual General Meeting, Jun 30, 2026, at 10:00 China Standard Time. Location: 46th floor, south tower, lize soho, building 1, no. 20 courtyard, lize road, lize financial business district, fengtai district, beijing China New Risk • May 27
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 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-CN¥1.4b). Minor Risk Market cap is less than US$100m (HK$673.7m market cap, or US$86.0m). Reported Earnings • Apr 04
Full year 2025 earnings released: CN¥1.62 loss per share (vs CN¥1.55 loss in FY 2024) Full year 2025 results: CN¥1.62 loss per share (further deteriorated from CN¥1.55 loss in FY 2024). Revenue: CN¥16.5b (down 8.2% from FY 2024). Net loss: CN¥1.44b (loss widened 4.8% from FY 2024). Announcement • Mar 19
Beijing Digital Telecom Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026 Beijing Digital Telecom Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026 Reported Earnings • Oct 04
First half 2025 earnings released: CN¥0.086 loss per share (vs CN¥0.033 loss in 1H 2024) First half 2025 results: CN¥0.086 loss per share (further deteriorated from CN¥0.033 loss in 1H 2024). Revenue: CN¥8.22b (down 14% from 1H 2024). Net loss: CN¥76.6m (loss widened 162% from 1H 2024). Reported Earnings • Aug 29
First half 2025 earnings released: CN¥0.086 loss per share (vs CN¥0.033 loss in 1H 2024) First half 2025 results: CN¥0.086 loss per share (further deteriorated from CN¥0.033 loss in 1H 2024). Revenue: CN¥8.22b (down 14% from 1H 2024). Net loss: CN¥76.6m (loss widened 162% from 1H 2024). Announcement • Aug 15
Beijing Digital Telecom Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Beijing Digital Telecom Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 New Risk • Jul 08
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 3.4% 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$179.1m market cap, or US$22.8m). Announcement • Apr 29
Beijing Digital Telecom Co., Ltd., Annual General Meeting, May 21, 2025 Beijing Digital Telecom Co., Ltd., Annual General Meeting, May 21, 2025, at 10:30 China Standard Time. Location: 46th floor, south tower, lize soho, building 1, no. 20, lize road, lize financial business district, fengtai district, beijing China Board Change • Apr 25
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Chun Fai Cai was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 30
Full year 2024 earnings released: CN¥1.55 loss per share (vs CN¥0.84 loss in FY 2023) Full year 2024 results: CN¥1.55 loss per share (further deteriorated from CN¥0.84 loss in FY 2023). Revenue: CN¥18.0b (up 5.1% from FY 2023). Net loss: CN¥1.37b (loss widened 118% from FY 2023). Announcement • Mar 14
Beijing Digital Telecom Co., Ltd. to Report Fiscal Year 2024 Results on Mar 26, 2025 Beijing Digital Telecom Co., Ltd. announced that they will report fiscal year 2024 results on Mar 26, 2025 Board Change • Feb 03
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Chun Fai Cai was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Jan 25
Beijing Digital Telecom Co., Ltd. Announces Change of Executive President The board of directors of Beijing Digital Telecom Co., Ltd. announced that Mr. Liu Donghai has resigned as the executive president of the Company with effect from 24 January 2025 due to his personal reasons. Upon his resignation from the above position, Mr. Liu will continue to act as an executive Director and will be appointed to serve as a special advisor of the Company. The Board further announced that Mr. Liu Liang has been appointed as the executive president of the Company for a term of three years commencing from 24 January 2025. Mr. Liu Liang, aged 45, has been the general executive vice president of the Company since March 2022. He is mainly responsible for assisting the president of the Company in the implementation of specific operation management of the Group. Since February 2022, Mr. Liu Liang has served as an operation management expert at the Strategic Operation and Science and Innovation Management Center of Zhuhai Huafa Group Company Limited,a controlling shareholder of the Company. From February 2001 to February 2022, Mr. Liu Liang served in various management positions at Telling Telecommunication Holding Co., Ltd. (a company listed on the Shenzhen Stock Exchange, stock code: 000829). Mr. Liu Liang obtained a bachelor 's degree in human resources management from Beijing Jiaotong University in June 2017. Board Change • Jan 09
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Chun Fai Cai was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Dec 19
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Chun Fai Cai was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Nov 21
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$771.2m (US$99.1m) 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 13% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (HK$771.2m market cap, or US$99.1m). Reported Earnings • Sep 29
First half 2024 earnings released: CN¥0.033 loss per share (vs CN¥0.036 loss in 1H 2023) First half 2024 results: CN¥0.033 loss per share. Revenue: CN¥9.54b (up 4.2% from 1H 2023). Net loss: CN¥29.3m (loss widened 11% from 1H 2023). Reported Earnings • Aug 26
First half 2024 earnings released: CN¥0.033 loss per share (vs CN¥0.036 loss in 1H 2023) First half 2024 results: CN¥0.033 loss per share. Revenue: CN¥9.54b (up 4.2% from 1H 2023). Net loss: CN¥29.3m (loss widened 11% from 1H 2023). Announcement • Aug 14
Beijing Digital Telecom Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024 Beijing Digital Telecom Co., Ltd. announced that they will report first half, 2024 results on Aug 23, 2024 Announcement • May 01
Beijing Digital Telecom Co., Ltd., Annual General Meeting, May 22, 2024 Beijing Digital Telecom Co., Ltd., Annual General Meeting, May 22, 2024, at 10:30 China Standard Time. Location: 46th Floor, South Tower, Lize SOHO, Building 1, No. 20, Lize Road, Lize Financial Business District, Fengtai District, Beijing, Fengtai District Beijing Province China Agenda: To consider the proposed amendments to the Articles of Association ; to consider and approve the Supplemental Agreement and the transaction for the Deposit Services contemplated thereunder including the Revised Deposit Caps ; to consider and approve the Photovoltaic Equipment and Components Purchase and Sales Framework Agreement No. 2 and the transaction contemplated thereunder including the proposed cap ;to consider and approve the annual report of the Company for the year 2023;to consider and approve the report of the Board for the year 2023; and to consider other matters if any. Reported Earnings • Mar 28
Full year 2023 earnings released: CN¥0.84 loss per share (vs CN¥0.38 loss in FY 2022) Full year 2023 results: CN¥0.84 loss per share (further deteriorated from CN¥0.38 loss in FY 2022). Revenue: CN¥17.1b (up 27% from FY 2022). Net loss: CN¥630.0m (loss widened 129% from FY 2022). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • Mar 15
Beijing Digital Telecom Co., Ltd. to Report Fiscal Year 2023 Results on Mar 26, 2024 Beijing Digital Telecom Co., Ltd. announced that they will report fiscal year 2023 results on Mar 26, 2024 Board Change • Oct 04
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 7 new directors. 2 experienced directors. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Tingjie Lv is the most experienced director on the board, commencing their role in 2009. Independent Non-Executive Director Chun Fai Cai was the last independent director to join the board, commencing their role in 2021. 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. 