Reported Earnings • Mar 30
Full year 2025 earnings released: HK$0.004 loss per share (vs HK$0.016 loss in FY 2024) Full year 2025 results: HK$0.004 loss per share (improved from HK$0.016 loss in FY 2024). Revenue: HK$23.9m (up 57% from FY 2024). Net loss: HK$3.59m (loss narrowed 75% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Announcement • Mar 28
Nexion Technologies Limited, Annual General Meeting, May 08, 2026 Nexion Technologies Limited, Annual General Meeting, May 08, 2026. Announcement • Mar 17
Nexion Technologies Limited to Report Fiscal Year 2025 Results on Mar 27, 2026 Nexion Technologies Limited announced that they will report fiscal year 2025 results on Mar 27, 2026 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 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 Risks Less than 1 year of cash runway based on free cash flow trend (-HK$8.3m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Market cap is less than US$10m (HK$36.4m market cap, or US$4.65m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Revenue is less than US$5m (HK$16m revenue, or US$2.1m). New Risk • Dec 23
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 Risks Less than 1 year of cash runway based on free cash flow trend (-HK$8.3m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Market cap is less than US$10m (HK$24.9m market cap, or US$3.20m). Minor Risk Revenue is less than US$5m (HK$16m revenue, or US$2.1m). New Risk • Aug 23
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -HK$8.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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 (-HK$8.3m free cash flow). Market cap is less than US$10m (HK$32.0m market cap, or US$4.09m). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (HK$16m revenue, or US$2.1m). Reported Earnings • Aug 23
First half 2025 earnings released: HK$0.001 loss per share (vs HK$0.004 loss in 1H 2024) First half 2025 results: HK$0.001 loss per share (improved from HK$0.004 loss in 1H 2024). Revenue: HK$7.96m (up 15% from 1H 2024). Net loss: HK$1.32m (loss narrowed 60% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Announcement • Aug 12
Nexion Technologies Limited to Report First Half, 2025 Results on Aug 22, 2025 Nexion Technologies Limited announced that they will report first half, 2025 results on Aug 22, 2025 New Risk • May 15
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 Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Market cap is less than US$10m (HK$27.5m market cap, or US$3.52m). Minor Risk Revenue is less than US$5m (HK$15m revenue, or US$1.9m). New Risk • Mar 28
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -HK$15m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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 (-HK$15m free cash flow). Market cap is less than US$10m (HK$26.6m market cap, or US$3.42m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (HK$14m revenue, or US$1.8m). Announcement • Mar 26
Nexion Technologies Limited, Annual General Meeting, May 09, 2025 Nexion Technologies Limited, Annual General Meeting, May 09, 2025. Announcement • Mar 13
Nexion Technologies Limited to Report Q4, 2024 Results on Mar 25, 2025 Nexion Technologies Limited announced that they will report Q4, 2024 results on Mar 25, 2025 New Risk • Mar 04
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 Risks Less than 1 year of cash runway based on free cash flow trend (-HK$15m free cash flow). Market cap is less than US$10m (HK$24.9m market cap, or US$3.20m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (HK$14m revenue, or US$1.8m). New Risk • Aug 17
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -HK$15m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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 (-HK$15m free cash flow). Market cap is less than US$10m (HK$12.4m market cap, or US$1.59m). Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$14m revenue, or US$1.8m). Reported Earnings • Aug 17
First half 2024 earnings released: HK$0.004 loss per share (vs HK$0.005 loss in 1H 2023) First half 2024 results: HK$0.004 loss per share (improved from HK$0.005 loss in 1H 2023). Revenue: HK$7.10m (down 22% from 1H 2023). Net loss: HK$3.27m (loss narrowed 17% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 62% per year, which means it is significantly lagging earnings. Announcement • Aug 06
Nexion Technologies Limited to Report First Half, 2024 Results on Aug 16, 2024 Nexion Technologies Limited announced that they will report first half, 2024 results on Aug 16, 2024 Reported Earnings • Mar 26
Full year 2023 earnings released: US$0.002 loss per share (vs US$0.002 loss in FY 2022) Full year 2023 results: US$0.002 loss per share (in line with FY 2022). Revenue: US$1.68m (down 69% from FY 2022). Net loss: US$1.43m (loss widened 16% from FY 2022). Announcement • Mar 23
Nexion Technologies Limited, Annual General Meeting, May 10, 2024 Nexion Technologies Limited, Annual General Meeting, May 10, 2024. Announcement • Mar 13
Nexion Technologies Limited to Report Fiscal Year 2023 Results on Mar 22, 2024 Nexion Technologies Limited announced that they will report fiscal year 2023 results on Mar 22, 2024 Announcement • Mar 01
Mr. Seah Wee Han acquired Netsis Technology (S) Pte Ltd from Nexion Technologies Limited (SEHK:8420) for $0.25 million Mr. Seah Wee Han entered into an agreement to acquire Netsis Technology (S) Pte Ltd from Nexion Technologies Limited (SEHK:8420) for $0.25 million on December 21, 2023. The transaction is subject to due diligence on Netsis Technology, compliance with all other applicable laws, rules and regulations including but not limited to the GEM Listing Rules for the transactions contemplated under the Agreement and the Consideration has been fully settled by the buyer in cash. Net Loss of Netsis Technology (S) Pte Ltd for the period January 2023 to November 30, 2023 is $-0.136 million and net asset is $ 0.214 million. All the conditions have been fulfilled for the acquisition on February 29, 2024.
Mr. Seah Wee Han completed the acquisition of Netsis Technology (S) Pte Ltd from Nexion Technologies Limited (SEHK:8420) for $0.25 million on February 29, 2024. Board Change • Dec 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. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Gilbert Tang 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 • Nov 18
Third quarter 2023 earnings released: EPS: US$0 (vs US$0.001 loss in 3Q 2022) Third quarter 2023 results: EPS: US$0 (improved from US$0.001 loss in 3Q 2022). Revenue: US$474.0k (down 26% from 3Q 2022). Net loss: US$300.0k (loss narrowed 44% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 62% per year, which means it is significantly lagging earnings. Announcement • Oct 28
Nexion Technologies Limited to Report Nine Months, 2023 Results on Nov 10, 2023 Nexion Technologies Limited announced that they will report nine months, 2023 results on Nov 10, 2023 New Risk • Sep 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 32% per year over the past 5 years. Market cap is less than US$10m (HK$32.8m market cap, or US$4.20m). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (US$2.3m revenue). New Risk • Aug 10
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: US$2.3m This is considered a minor risk. Companies with a small amount of revenue 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 32% per year over the past 5 years. Market cap is less than US$10m (HK$24.4m market cap, or US$3.12m). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (US$2.3m revenue). Announcement • Jul 29
Nexion Technologies Limited to Report First Half, 2023 Results on Aug 08, 2023 Nexion Technologies Limited announced that they will report first half, 2023 results on Aug 08, 2023 Reported Earnings • May 13
First quarter 2023 earnings released: EPS: US$0 (vs US$0 in 1Q 2022) First quarter 2023 results: EPS: US$0 (in line with 1Q 2022). Revenue: US$455.0k (down 40% from 1Q 2022). Net loss: US$218.0k (loss widened 7.4% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 26
Full year 2022 earnings released: US$0.002 loss per share (vs US$0.004 loss in FY 2021) Full year 2022 results: US$0.002 loss per share (improved from US$0.004 loss in FY 2021). Revenue: US$5.94m (down 15% from FY 2021). Net loss: US$1.23m (loss narrowed 60% from FY 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Director Joo Seng Lim is the most experienced director on the board, commencing their role in 2017. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 30
Nexion Technologies Limited to Report Q3, 2022 Results on Nov 09, 2022 Nexion Technologies Limited announced that they will report Q3, 2022 results on Nov 09, 2022 Reported Earnings • Aug 10
Second quarter 2022 earnings released: EPS: US$0 (vs US$0.001 loss in 2Q 2021) Second quarter 2022 results: EPS: US$0 (up from US$0.001 loss in 2Q 2021). Revenue: US$3.56m (up 484% from 2Q 2021). Net loss: US$279.0k (loss narrowed 47% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Announcement • Aug 02
Nexion Technologies Limited Provides Unaudited Consolidated Earnings Guidance for Six Months Ended 30 June 2022 Nexion Technologies Limited provided unaudited consolidated earnings guidance for six months ended 30 June 2022. For the period, the company expects record significant decrease in loss attributable to equity holders of the Company of approximately USD 482,000, as compared to a loss attributable to equity holders of the Company of approximately USD 1,096,000 for the six months ended 30 June 2021 (the "Prior Period"). Announcement • Jul 28
Nexion Technologies Limited to Report First Half, 2022 Results on Aug 08, 2022 Nexion Technologies Limited announced that they will report first half, 2022 results on Aug 08, 2022 Board Change • Jun 08
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Director Joo Seng Lim is the most experienced director on the board, commencing their role in 2017. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 13
First quarter 2022 earnings released: EPS: US$0 (vs US$0.001 loss in 1Q 2021) First quarter 2022 results: EPS: US$0 (up from US$0.001 loss in 1Q 2021). Revenue: US$814.0k (up 83% from 1Q 2021). Net loss: US$203.0k (loss narrowed 65% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Announcement • Mar 31
Nexion Technologies Limited, Annual General Meeting, May 20, 2022 Nexion Technologies Limited, Annual General Meeting, May 20, 2022, at 10:30 China Standard Time. Location: at Portion 2, 12/F, The Center 99 Queen's Road Central Central Hong Kong Agenda: To receive, consider and adopt the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors and independent auditor of the Company for the year ended 31 December 2021; to consider and re-elect Mr. Roy Ho Yew Kee as a non-executive Director of the Company; to consider and re-elect Mr. Tang Chak Lam Gilbert as an independent non-executive Director of the Company; to consider and authorise the board of Directors of the Company to fix the remuneration of the Directors of the Company; to consider and re-appoint Mazars CPA Limited, Certified Public Accountants as the independent auditor of the Company and authorise the board of directors of the Company to fix its remuneration; and to consider other matter also. Announcement • Feb 01
Nexion Technologies Limited Announces Re-Designation of Roy Ho Yew Kee from Executive Director to Non-Executive Director The board of directors of Nexion Technologies Limited announced that Roy Ho Yew Kee has been re-designated from an executive Director to a non-executive Director with effect from January 31, 2022, due to his wishes to devote more time to his other businesses and personal commitments. Ho was appointed as an executive Director of the Company and a member of the remuneration committee of the Company on November 2, 2020. Following Ho's Re-designation, he is a non-executive Director of the Company and remains a member of the Remuneration Committee. Ho has over 20 years of experience in financial service and restructuring experience in various capacities. From 2003 to 2009, Ho was a head of trading desk in Tricom Futures Ltd, where he set up a trading desk in greenfield markets, specialising in debt instruments, capital raising, equity linked structures and derivatives. Ho served as a non-independent non-executive director of Halex Global Berhad from April 2014 to January 2015, and an independent non-executive director of CN Asia Corporation Bhd from December 2015 to June 2016. Reported Earnings • Aug 10
Second quarter 2021 earnings released: US$0.001 loss per share (vs US$0.002 loss in 2Q 2020) The company reported a soft second quarter result with weaker revenues and control over costs, although losses reduced. Second quarter 2021 results: Revenue: US$650.0k (down 81% from 2Q 2020). Net loss: US$522.0k (loss narrowed 54% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance. Announcement • Aug 06
Nexion Technologies Limited Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2021 Nexion Technologies Limited provided consolidated earnings guidance for the six months ended June 30, 2021. For the six months, the Group is expected to record significant decrease in loss attributable to equity holders of the Company of approximately USD 1,096,000, as compared to a loss attributable to equity holders of the Company of approximately USD 2,181,000 for the six months ended 30 June 2020. Announcement • May 08
Nexion Technologies Limited Announces Change of Principal Place of Business in the People's Republic of China The board of directors (the "Board") of Nexion Technologies Limited (the "Company") announced that, with effect from 10 May 2021, the principal place of business of the Company in the People's Republic of China (the "PRC") will be changed to Room 2021, 2/F, Zhonghui Building, 16 Henan South Road, Huangpu District, Shanghai, the PRC. Announcement • May 06
Nexion Technologies Limited (SEHK:8420) completed the acquisition of Storm Front Pte. Ltd from Hui Kiat Bin and Kow Kim Song Nexion Technologies Limited (SEHK:8420) entered into an agreement to acquire Storm Front Pte. Ltd from Hui Kiat Bin and Kow Kim Song for SGD 3.6 million on April 7, 2021. The consideration includes SGD 1.2 million in cash, earnout of SGD 0.58 million in cash and earnout of 19.8 million shares of Nexion Technologies. The consideration payment will be done in Tranche I of SGC 1.2 million in cash and Tranche II, Tranche III payments of each SGD 1.2 million which are subject to Profit Guarantee 2021 and 2022. If Storm Front Pte. Ltd does not meet 60% of Profit Guarantees, respective tranche payments will be waived off. Prior to transaction, Hui Kiat Bin holds 25% stake and Kow Kim Song holds 75% stake in Storm Front Pte. Ltd. The transaction is subject to approval of lendors/creditors of Storm Front and receiving a certified true copy of the signed latest accounts of the Storm Front for its respective financial year submitted to Singapore ACRA and Tax Authorities and the contents of such accounts are satisfactory to Nexion Technologies. Upon Completion, Storm Front Pte. Ltd will become a wholly-owned subsidiary of Nexion Technologies. For the year ending December 31, 2020, Storm Front reported net income of SGD 0.27 million and had net assets of SGD 0.11 million as on December 31, 2020. The transaction is expected to close by April 20, 2021. As of April 20, 2021, long stop date has been extended to May 5, 2021 due to more time required to fulfill the conditions for the transaction.
Nexion Technologies Limited (SEHK:8420) completed the acquisition of Storm Front Pte. Ltd from Hui Kiat Bin and Kow Kim Song on May 5, 2021. As of May 5, 2021, all conditions precedent set out in the Agreement have
been fulfilled or satisfied. Upon Completion, Storm Front Pte. Ltd became a wholly owned subsidiary of Nexion Technologies Limited and its financial results will be consolidated into the Nexion Technologies' consolidated financial statements. Reported Earnings • Mar 25
Full year 2020 earnings released: US$0.008 loss per share (vs US$0.003 loss in FY 2019) The company reported a mediocre full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: US$9.00m (up 55% from FY 2019). Net loss: US$5.71m (loss widened 171% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Announcement • Mar 17
Nexion Technologies Limited Reports Loss Guidance for the Year Ended December 31, 2020 Nexion Technologies Limited announced based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 31 December 2020 (the "Year") and the information currently available, the Group is expected to record significant increase in loss attributable to equity holders of the company of not more than USD 6,000,000, as compared to a loss attributable to equity holders of the company of approximately USD 2,105,000 for the year ended 31 December 2019 (the "Prior Year"). Announcement • Mar 13
Nexion Technologies Limited to Report Fiscal Year 2020 Results on Mar 24, 2021 Nexion Technologies Limited announced that they will report fiscal year 2020 results on Mar 24, 2021 Is New 90 Day High Low • Feb 12
New 90-day low: HK$0.47 The company is down 17% from its price of HK$0.56 on 13 November 2020. The Hong Kong market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 31% over the same period. Is New 90 Day High Low • Jan 25
New 90-day low: HK$0.50 The company is down 19% from its price of HK$0.62 on 27 October 2020. The Hong Kong market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 24% over the same period. Announcement • Dec 23
Nexion Technologies Limited Announces Executive Changes The board of directors of Nexion Technologies Limited announced that Sir Kwok Siu Man KR has resigned as the company secretary of the company, one of the authorised representatives of the company and the authorised representative for accepting service of process and notices on behalf of the company in Hong Kong with effect from 21 December 2020 due to his other business commitments. The board appointed Ms. Wong Po Lam as the Company Secretary, the Authorised Representative, and the Process Agent, all with effect from 21 December 2020 in replacement of Sir Seaman. Ms. Wong joined the finance department of the company in January 2019. She has over eight years of experience in auditing, accounting, corporate governance and compliance issues in listed companies in Hong Kong. Before joining the Company, Ms. Wong acted as an audit manager in BDO Limited. Ms. Wong obtained a bachelor degree in Accounting from City University of Hong Kong. She is also a Certified Public Accountant of the Hong Kong Institute of Certified Public Accountants. Reported Earnings • Nov 15
Third quarter 2020 earnings released: US$0.001 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: US$1.96m (down 22% from 3Q 2019). Net loss: US$498.0k (down 261% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 94% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Nov 04
Nexion Technologies Limited to Report Nine Months, 2020 Results on Nov 13, 2020 Nexion Technologies Limited announced that they will report nine months, 2020 results on Nov 13, 2020 Announcement • Nov 03
Nexion Technologies Limited Announces Board Changes The board of directors of Nexion Technologies Limited announced that Mr. Edgardo Osillada Gonzales II ("Mr. Gonzales") has tendered his resignation as an executive Director and a member of the remuneration committee of the Company (the "Remuneration Committee") with effect from 2 November 2020, and Mr. Shan Baofeng ("Mr. Shan") has tendered his resignation as an executive Director with effect from 2 November 2020, due to their other businesses and personal commitments. The Board further announced that Mr. Roy Ho Yew Kee has been appointed as an executive Director and a member of the Remuneration Committee in place of Mr. Gonzales with effect from 2 November 2020, and Mr. Ong Gim Hai ("Mr. Ong") has been appointed as an executive Director in place of Mr. Shan with effect from 2 November 2020. Mr. Ho, aged 45, has over 20 years of experience in financial service and restructuring experience in various capacities. Mr. Ho has served as a non-independent non-executive director of Halex Global Berhad (formerly known as Halex Holdings Berhad) (a company listed on the Bursa Malaysia, from April 2014 to January 2015, and an independent non-executive director of CN Asia Corporation Bhd from December 2015 to June 2016. The Board announced that Mr. Chan Ming Kit has tendered his resignation as an independent non-executive Director, the chairman of the nomination committee of the Company (the "Nomination Committee"), the chairman of the Remuneration Committee and a member of audit committee of the Company (the "Audit Committee") with effect from 2 November 2020 due to his other businesses and personal commitments. The Board further announced that Mr. Tang Chak Lam Gilbert has been appointed as an independent non-executive Director, the chairman of the Nomination Committee, the chairman of the Remuneration Committee and a member of the Audit Committee in place of Mr. Chan with effect from 2 November 2020. Mr. Tang, has been a practicing solicitor in the Hong Kong Special Administrative Region of the People's Republic of China since 1987. He is currently a senior partner of Messrs. Gilbert Tang & Co. He was a member of the Kowloon West Advisory Committee of Hong Kong Bank Foundation District Community Programme from July 1991 to November 1995. Is New 90 Day High Low • Nov 03
New 90-day high: HK$0.86 The company is up 682% from its price of HK$0.11 on 05 August 2020. The Hong Kong market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 4.0% over the same period. Is New 90 Day High Low • Oct 16
New 90-day high: HK$0.63 The company is up 563% from its price of HK$0.095 on 17 July 2020. The Hong Kong market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 17% over the same period. Is New 90 Day High Low • Sep 26
New 90-day high: HK$0.46 The company is up 400% from its price of HK$0.092 on 26 June 2020. The Hong Kong market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 19% over the same period. Announcement • Jul 31
Nexion Technologies Limited to Report First Half, 2020 Results on Aug 10, 2020 Nexion Technologies Limited announced that they will report first half, 2020 results on Aug 10, 2020 
