New Risk • May 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 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (HK$153.4m market cap, or US$19.6m). Board Change • Apr 23
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 1 highly experienced director. 4 independent directors (5 non-independent directors). Independent Non-Executive Director Tianlong Gu 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. Insufficient board refreshment. Reported Earnings • Mar 27
Full year 2025 earnings released: HK$0.016 loss per share (vs HK$0.012 profit in FY 2024) Full year 2025 results: HK$0.016 loss per share (down from HK$0.012 profit in FY 2024). Revenue: HK$91.5m (down 8.8% from FY 2024). Net loss: HK$5.09m (down 236% from profit in FY 2024). 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 22% per year, which means it is significantly lagging earnings. Announcement • Mar 27
Leadway Technology Investment Group Limited, Annual General Meeting, May 27, 2026 Leadway Technology Investment Group Limited, Annual General Meeting, May 27, 2026. Board Change • Mar 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 1 highly experienced director. 4 independent directors (5 non-independent directors). Independent Non-Executive Director Tianlong Gu 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. Insufficient board refreshment. Announcement • Mar 16
Leadway Technology Investment Group Limited to Report Fiscal Year 2025 Final Results on Mar 26, 2026 Leadway Technology Investment Group Limited announced that they will report fiscal year 2025 final results on Mar 26, 2026 Board Change • Feb 26
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 1 highly experienced director. 4 independent directors (5 non-independent directors). Independent Non-Executive Director Tianlong Gu 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. Insufficient board refreshment. Announcement • Jan 09
Leadway Technology Investment Group Limited Appoints Mai Qiqi as Co-Chairman of Board, Effective January 6, 2026 Leadway Technology Investment Group Limited announced the following change to its board of directors, effective on 6 January 2026. Ms. Mai Qiqi ("Ms. Mai"), an executive Director, has been appointed as Co-Chairman of the Board. She will serve in this role jointly with the existing Chairman, Mr. Zhang Xueqin. Ms. Mai Qiqi, aged 33, was appointed as a non-executive Director of the Company on 4 February 2022. She was re-designated as an executive Director of the Company and appointed as deputy chief executive officer of the company on 7 March 2022. Ms. Mai obtained a master's degree of philosophy from the University of Cambridge in 2019 and a bachelor's degree of science from the University of Toronto in 2017. She has been an analyst of SDIC Fund Management Innovation Investment Management (Shanghai) Co. Ltd. during December 2019 to January 2022. New Risk • Nov 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 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (HK$159.8m market cap, or US$20.5m). Reported Earnings • Sep 27
First half 2025 earnings released: HK$0.016 loss per share (vs HK$0.007 profit in 1H 2024) First half 2025 results: HK$0.016 loss per share (down from HK$0.007 profit in 1H 2024). Revenue: HK$40.8m (down 14% from 1H 2024). Net loss: HK$5.20m (down 347% from profit in 1H 2024). 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 29% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 28
First half 2025 earnings released: HK$0.016 loss per share (vs HK$0.007 profit in 1H 2024) First half 2025 results: HK$0.016 loss per share (down from HK$0.007 profit in 1H 2024). Revenue: HK$40.8m (down 14% from 1H 2024). Net loss: HK$5.20m (down 347% from profit in 1H 2024). 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 26% per year, which means it is significantly lagging earnings. Announcement • Aug 15
Leadway Technology Investment Group Limited to Report First Half, 2025 Results on Aug 26, 2025 Leadway Technology Investment Group Limited announced that they will report first half, 2025 results on Aug 26, 2025 Announcement • Jul 02
Leadway Technology Investment Group Limited Announces Passing Away Mai Zhaoping, Co-Chairman The board of directors of Leadway Technology Investment Group Limited announced with great sadness that Mr. Mai Zhaoping ("Mr. Mai"), the co-chairman of the Board, an executive director of the Company, and one of the major shareholders, passed away
on 27 June 2025 due to illness. Reported Earnings • Mar 28
Full year 2024 earnings released: EPS: HK$0.012 (vs HK$0.06 loss in FY 2023) Full year 2024 results: EPS: HK$0.012 (up from HK$0.06 loss in FY 2023). Revenue: HK$100.3m (up 27% from FY 2023). Net income: HK$3.73m (up HK$22.9m from FY 2023). Profit margin: 3.7% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Announcement • Mar 27
Leadway Technology Investment Group Limited, Annual General Meeting, May 28, 2025 Leadway Technology Investment Group Limited, Annual General Meeting, May 28, 2025. New Risk • Mar 21
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.6% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (HK$121.4m market cap, or US$15.6m). Announcement • Mar 10
Leadway Technology Investment Group Limited to Report Fiscal Year 2024 Results on Mar 26, 2025 Leadway Technology Investment Group Limited announced that they will report fiscal year 2024 results on Mar 26, 2025 New Risk • Jan 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.6% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (HK$134.2m market cap, or US$17.3m). Recent Insider Transactions • Nov 01
CEO & Co-Chairman of the Board recently bought HK$125k worth of stock On the 28th of October, Xueqin Zhang bought around 250k shares on-market at roughly HK$0.50 per share. This transaction amounted to 77% 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 Xueqin's only on-market trade for the last 12 months. Recent Insider Transactions • Oct 19
COO & Director recently bought HK$115k worth of stock On the 15th of October, Tingting Xu bought around 235k shares on-market at roughly HK$0.49 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Tingting's only on-market trade for the last 12 months. Reported Earnings • Aug 15
First half 2024 earnings released: EPS: HK$0.007 (vs HK$0.014 loss in 1H 2023) First half 2024 results: EPS: HK$0.007 (up from HK$0.014 loss in 1H 2023). Revenue: HK$47.2m (up 3.6% from 1H 2023). Net income: HK$2.11m (up HK$6.47m from 1H 2023). Profit margin: 4.5% (up from net loss in 1H 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. New Risk • Aug 13
New major risk - Revenue and earnings growth Earnings have declined by 1.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 1.6% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$172.6m market cap, or US$22.2m). Announcement • Jul 26
Leadway Technology Investment Group Limited to Report First Half, 2024 Results on Aug 12, 2024 Leadway Technology Investment Group Limited announced that they will report first half, 2024 results on Aug 12, 2024 Announcement • Apr 20
Leadway Technology Investment Group Limited, Annual General Meeting, May 27, 2024 Leadway Technology Investment Group Limited, Annual General Meeting, May 27, 2024, at 10:00 China Standard Time. Location: Unit 1203B, 12/F, World-Wide House, 19 Des Voeux Road Central, Central Hong Kong Agenda: To receive and consider the audited consolidated financial statements, the report of the directors and the independent auditor's report for the year ended 31 December 2023; to re-elect the retiring directors of the Company; to authorise the board of directors to fix the remuneration of directors; to re-appoint KPMG as auditor and to authorise the board of directors to fix the remuneration of auditor; and to consider other matters. Reported Earnings • Mar 29
Full year 2023 earnings released: HK$0.06 loss per share (vs HK$0.004 profit in FY 2022) Full year 2023 results: HK$0.06 loss per share (down from HK$0.004 profit in FY 2022). Revenue: HK$79.2m (down 16% from FY 2022). Net loss: HK$19.2m (down HK$20.3m from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. New Risk • Mar 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risk Market cap is less than US$100m (HK$239.7m market cap, or US$30.6m). Announcement • Mar 14
Leadway Technology Investment Group Limited to Report Fiscal Year 2023 Results on Mar 27, 2024 Leadway Technology Investment Group Limited announced that they will report fiscal year 2023 results on Mar 27, 2024 Announcement • Feb 09
Leadway Technology Investment Group Limited Announces Executive Changes Leadway Technology Investment Group Limited announced that Mr. Lam Chi Wai has been appointed as a non-executive Director of the Company with effect from 9 February 2024. Mr. Lam has also been appointed as a member of the finance and investment committee of the Company on the same date. The biographical details of Mr. Lam are set out below: Mr. Lam, age 37, was awarded a bachelor's degree of business administration in accountancy by Lingnan University in 2008, and a master's degree of corporate governance by The Hong Kong Polytechnic University in 2017. Mr. Lam has been a member of the HongKong Institute of Certified Public Accountants since 2012 and a chartered accountant of the Institute of Chartered Accountants in England and Wales since 2021. Mr. Lam is alsoa chartered secretary, a chartered governance professional and an associate member of both The Hong Kong Chartered Governance Institute (formerly known as The Hong Kong Institute of Chartered Secretaries) and The Chartered Governance Institute (formerly known as The Institute of Chartered Secretaries and Administrators). Mr. Lam has over 15 years of work experience mainly in accounting, auditing, treasury, financial control and corporate governance. Mr. Lam had worked for two international accounting firms and as financial manager, deputy financial controller and assistant company secretary and director of corporate finance for several listed companies in Hong Kong. Mr. Lam is currently the company secretary of Geotech Holdings Ltd. (stock code: 1707), the shares of which are listed on the Main Board of the Stock Exchange. Mr. Lam entered into a letter of appointment with the Company for a term of two years. Pursuant to the letter of appointment, Mr. Lam is not entitled to basic remuneration. The Company shall reimburse Mr. Lam for all reasonable out-of-pocket costs, fees and expenses properly incurred in the performance of the duties as a director. The Board also announced that Mr. Xing Yi ("Mr. Xing") has tendered his resignation as a non-executive Director with effect from 9 February 2024 due to his other business commitments. Mr. Xing has confirmed that he has no disagreement with the Board and there is no other matter relating to his resignation which needs to be brought to the attention of the shareholders of the Company or the Stock Exchange. Reported Earnings • Aug 28
First half 2023 earnings released: HK$0.014 loss per share (vs HK$0 in 1H 2022) First half 2023 results: HK$0.014 loss per share (further deteriorated from HK$0 in 1H 2022). Revenue: HK$45.6m (flat on 1H 2022). Net loss: HK$4.36m (down HK$4.49m from profit in 1H 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Aug 10
Leadway Technology Investment Group Limited to Report First Half, 2023 Results on Aug 23, 2023 Leadway Technology Investment Group Limited announced that they will report first half, 2023 results on Aug 23, 2023 Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: HK$0.004 (vs HK$0.067 loss in FY 2021) Full year 2022 results: EPS: HK$0.004 (up from HK$0.067 loss in FY 2021). Revenue: HK$94.2m (down 4.0% from FY 2021). Net income: HK$1.13m (up HK$22.4m from FY 2021). Profit margin: 1.2% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Board Change • Nov 16
Less than half of directors are independent There are 10 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: 10 new directors. 2 experienced directors. No highly experienced directors. 4 independent directors (8 non-independent directors). CTO, Compliance Officer & Executive Director Chi Ho Wong is the most experienced director on the board, commencing their role in 2015. Independent Non-Executive Director Tianlong Gu 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. Reported Earnings • Aug 25
First half 2022 earnings released: EPS: HK$0 (vs HK$0.034 loss in 1H 2021) First half 2022 results: EPS: HK$0 (up from HK$0.034 loss in 1H 2021). Revenue: HK$45.3m (up 25% from 1H 2021). Net income: HK$128.0k (up HK$11.0m from 1H 2021). Profit margin: 0.3% (up from net loss in 1H 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Announcement • Aug 13
Leadway Technology Investment Group Limited Provides Preliminary Unaudited Consolidated Group Earnings Guidance for the Six Months Ended 30 June 2022 Leadway Technology Investment Group Limited provided preliminary unaudited consolidated group earnings guidance for the six months ended 30 June 2022. For the period, the group expects to record a minor net profit, as compared to the net loss of HKD 10.9 million for the six months ended 30 June 2021. The Board considers that such turnaround from net loss to net profit position is mainly attributable to the following factors: during the Reporting Period, there is improvement in the Group's revenue to HKD 45.3 million (Prior Period: HKD 36.3 million) and increase in gross profit to HKD 23.5 million (Prior Period: HKD 20.3 million) generated from the sale of smart card products and provision of related service especially from the Europe region. This is mainly due to the improvement in global supply of integrated circuit chips, and the relieve of overseas control measures for novel coronavirus disease (COVID-19) so more national-based government projects resume normal operation; there is net exchange gain during the Reporting Period of HKD 1.6 million (Prior Period: net exchange loss of HKD 1.6 million). This is due to the depreciation of Renminbi against Hong Kong dollar during the Reporting Period resulting in a decrease of Renminbi denominated payable balances, whereas appreciation of Renminbi against Hong Kong dollar was noted during the Prior Period; depreciation and amortisation decreased to HKD 4.7 million (Prior Period: HKD 7.1 million) due to the fact that there are less depreciable property, plant and equipment and intangible assets during the Reporting Period; and there is an increase in government subsidies income of HKD 0.9 million mainly due to the granting of 2022 Employment Support Scheme subsidy by the Hong Kong government under the anti-epidemic fund during the Reporting Period, while no such subsidy was granted during the Prior Period. Announcement • Aug 11
Leadway Technology Investment Group Limited to Report Q2, 2022 Results on Aug 24, 2022 Leadway Technology Investment Group Limited announced that they will report Q2, 2022 results on Aug 24, 2022 Announcement • Jul 06
HNA Technology Investments Holdings Limited Announces Changes to Its Board HNA Technology Investments Holdings Limited Announced that Mr. Xing Yi (Mr. Xing) has been appointed as a non-executive director of the company with effect from 5 July 2022. Mr. Xing has also been appointed as a member of the finance and investment committee of the company on the same date. Mr. Xing Yi The biographical details of Mr. Xing are set out below: Mr. Xing, aged 42, appointed as a non-executive director on 5 July 2022. Mr. Xing obtained a bachelor's degree in Food Science and Engineering from the College of Food Science and Engineering, Jilin University in July 2002. From August 2006 to May 2019, Mr. Xing was working at (Shenzhen Cypress House Investment Co., Ltd) at different positions including the vice general manager and the executive partner mainly responsible for investment banking and securities related matters. Since June 2020, Mr. Xing has been a vice president at (Dongyu Film (Beijing) Group Company Limited) responsible for the investment matters. It is proposed that Mr. Xing will enter into a letter of appointment with the company for a term of two years. Pursuant to the letter of appointment, Mr. Xing will not receive basic remuneration. The company shall reimburse Mr. Xing for all reasonable out-of-pocket costs, fees and expenses properly incurred in the performance of the duties as a director. The board also announces that Mr. Shum Ngok Wa (Mr. Shum) has tendered his resignation as a non-executive director with effect from 5 July 2022 due to his other business commitments. Mr. Shum has confirmed that he has no disagreement with the Board and there is no other matter relating to his resignation which needs to be brought to the attention of the shareholders of the company or the Stock Exchange. Board Change • Apr 27
Less than half of directors are independent There are 10 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: 10 new directors. 2 experienced directors. No highly experienced directors. 4 independent directors (8 non-independent directors). CTO, Compliance Officer & Executive Director Chi Ho Wong is the most experienced director on the board, commencing their role in 2015. Independent Non-Executive Director Tianlong Gu 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 • Apr 21
HNA Technology Investments Holdings Limited, Annual General Meeting, May 24, 2022 HNA Technology Investments Holdings Limited, Annual General Meeting, May 24, 2022, at 09:30 China Standard Time. Location: Unit 1203B, 12/F, World-Wide House, 19 Des Voeux Road Central Cantral Hong Kong Agenda: To consider the audited consolidated financial statements, the report of the directors and the independent auditor's report for the year ended 31 December 2021; to re-election of directors; to re-appoint KPMG as auditor and to authorise the board of directors to fix the remuneration of auditor; and to consider other matter. Recent Insider Transactions • Apr 08
Executive Co-Chairman of the Board recently sold HK$7.4m worth of stock On the 1st of April, Zhaoping Mai sold around 9m shares on-market at roughly HK$0.83 per share. This was the largest sale by an insider in the last 3 months. This was Zhaoping's only on-market trade for the last 12 months. Reported Earnings • Apr 01
Full year 2021 earnings released: HK$0.067 loss per share (vs HK$0.063 loss in FY 2020) Full year 2021 results: HK$0.067 loss per share (down from HK$0.063 loss in FY 2020). Revenue: HK$98.1m (down 13% from FY 2020). Net loss: HK$21.3m (loss widened 5.6% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Announcement • Mar 31
Hna Technology Investments Holdings Limited Appoints Gu Tianlong as Member of the Audit Committee, Remuneration Committee and Nomination Committee, with Effect from 30 March 2022 HNA Technology Investments Holdings Limited announced that with effect from 30 March 2022, Mr. Gu Tianlong, an independent non-executive director of the Company, has been appointed as a member of the audit committee, remuneration committee and nomination committee of the Company. Announcement • Mar 10
HNA Technology Investments Holdings Limited Announces Board Appointments The board of directors of HNA Technology Investments Holdings Limited announced that with effect from 7 March 2022, Mr. Chan Chun Leung ("Mr. Chan") has been appointed as an executive Director of the company; Mr. Mai Ziye ("Mr. Mai") has been appointed as a non-executive Director of the company; Ms. Mai Qiqi ("Ms. Mai") has been re-designated as executive Director of the company; and Mr. Gu Tianlong ("Mr. Gu") has been appointed as an independent non-executive Director of the company. Mr. Chan appointed as an executive Director on 7 March 2022. Mr. Chan has been admitted as an associate member of the Association of International Accountants in August 2020. Mr. Mai appointed as a non-executive Director on 7 March 2022. Mr. Mai has been an executive director and the chief executive officer of Huizhou Province Hongzhuo Investment Company since March 2020 and a vice chairman of Guangdong Honggao Construction Group Co. Ltd. since March 2020. Ms. Mai appointed as a non-executive Director on 4 February 2022 and re-designated as an executive Director on 7 March 2022. Mr. Gu appointed as an independent non-executive Director on 7 March 2022. Since 2018, Mr. Gu was appointed as a committee member of Electronics Science & Technology Committee of Ministry of Industry and Information Technology for a term of five years. Announcement • Jan 13
Mai Zhaoping and Zhang Xueqin made an offer to acquire remaining 25.2% stake in HNA Technology Investments Holdings Limited (SEHK:2086) for HKD 67.5 million. Mai Zhaoping and Zhang Xueqin made an offer to acquire remaining 25.2% stake in HNA Technology Investments Holdings Limited (SEHK:2086) for HKD 67.5 million on January 12, 2022. Offerors to acquire 80.675223 million HNA shares at a price of HKD 0.84 per share in cash. In a related transaction, Mai Zhaoping and Zhang Xueqin acquired a 74.8% stake in HNA Technology Investments Holdings Limited from HNA Technology Group (HK) Co., Limited for HKD 1 on January 12, 2022. HNA Board is currently made up of five executive Directors, one non-executive Director and three independent non-executive Directors. The Joint Offerors intend to nominate new Directors to the Board. Following the close of the Offer, it is the intention of the Joint Offerors that HNA will continue with its existing principal activities and maintain the employment of the existing employees. The Joint Offerors intend HNA to remain listed on the Stock Exchange. The Offer is unconditional in all aspects. An Independent Board Committee, comprising three independent non-executive Directors, namely Guo Dan, Lin Tat Pang and O Wai, has been formed to make a recommendation to the Independent Shareholders as to whether the terms of the Offer are fair and reasonable and as to the acceptance of the Offer.
Hooray Capital Limited acted as financial advisor to Mai Zhaoping and Zhang Xueqin. First Capital International Finance Limited acted as financial advisor to the Independent Board Committee and the Independent Shareholders of HNA Technology Investments Holdings Limited. Reported Earnings • Sep 05
First half 2021 earnings released: HK$0.034 loss per share (vs HK$0.003 loss in 1H 2020) The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2021 results: Revenue: HK$36.3m (down 40% from 1H 2020). Net loss: HK$10.9m (loss widened HK$9.95m from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings. Executive Departure • Jun 11
Non Executive Director Kin Man Kwan has left the company On the 4th of June, Kin Man Kwan's tenure as Non Executive Director ended after 1.5 years in the role. We don't have any record of a personal shareholding under Kin Man's name. Kin Man is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.92 years, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • Mar 25
Full year 2020 earnings released The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: HK$112.7m (down 32% from FY 2019). Net loss: HK$20.2m (loss widened 145% from FY 2019). Announcement • Mar 10
HNA Technology Investments Holdings Limited to Report Fiscal Year 2020 Results on Mar 24, 2021 HNA Technology Investments Holdings Limited announced that they will report fiscal year 2020 results on Mar 24, 2021 Is New 90 Day High Low • Feb 18
New 90-day high: HK$0.75 The company is up 21% from its price of HK$0.62 on 20 November 2020. The Hong Kong market is up 19% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Tech industry, which is up 24% over the same period. Is New 90 Day High Low • Jan 21
New 90-day high: HK$0.70 The company is up 32% from its price of HK$0.53 on 23 October 2020. The Hong Kong market is up 20% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Tech industry, which is up 44% over the same period. Is New 90 Day High Low • Nov 05
New 90-day high: HK$0.56 The company is up 29% from its price of HK$0.43 on 07 August 2020. The Hong Kong market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Tech industry, which is up 42% over the same period. Is New 90 Day High Low • Oct 07
New 90-day high: HK$0.52 The company is up 25% from its price of HK$0.41 on 09 July 2020. The Hong Kong market is down 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Tech industry, which is up 27% over the same period. Announcement • Oct 03
Hna Technology Investments Holdings Limited to Supply Smart Cards for Us Health-Care System HNA Technology Investments Holdings Limited has been selected to provide smart-card technology for a leading American health-care system. United States company iFarm has a product that uses smart ID cards to manage patient data. The card reader was developed especially to work with iFarm's eMedical ID software. Announcement • Aug 11
HNA Technology Investments Holdings Limited to Report Q2, 2020 Results on Aug 27, 2020 HNA Technology Investments Holdings Limited announced that they will report Q2, 2020 results on Aug 27, 2020