Recent Insider Transactions • Jun 06
Chairman & CEO recently bought HK$284k worth of stock On the 3rd of June, Shuguang Qin bought around 52k shares on-market at roughly HK$5.46 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$1.1m. Shuguang has been a buyer over the last 12 months, purchasing a net total of HK$6.6m worth in shares. Recent Insider Transactions • May 11
Chairman & CEO recently bought HK$1.1m worth of stock On the 6th of May, Shuguang Qin bought around 238k shares on-market at roughly HK$4.48 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Shuguang has been a buyer over the last 12 months, purchasing a net total of HK$6.4m worth in shares. Recent Insider Transactions • Apr 17
Chairman & CEO recently bought HK$745k worth of stock On the 14th of April, Shuguang Qin bought around 150k shares on-market at roughly HK$4.97 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, there was an even bigger purchase from another insider worth HK$1.0m. Shuguang has been a buyer over the last 12 months, purchasing a net total of HK$2.7m worth in shares. Announcement • Mar 27
Readboy Education Holding Company Limited, Annual General Meeting, May 29, 2026 Readboy Education Holding Company Limited, Annual General Meeting, May 29, 2026. Announcement • Mar 17
Readboy Education Holding Company Limited to Report Fiscal Year 2025 Results on Mar 27, 2026 Readboy Education Holding Company Limited announced that they will report fiscal year 2025 results on Mar 27, 2026 Recent Insider Transactions • Jan 24
Board Member recently bought HK$1.0m worth of stock On the 19th of January, Zhilan Liu bought around 166k shares on-market at roughly HK$6.07 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$2.9m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Nov 20
Chairman & CEO recently bought HK$352k worth of stock On the 14th of November, Shuguang Qin bought around 57k shares on-market at roughly HK$6.20 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$452k. Shuguang has been a buyer over the last 12 months, purchasing a net total of HK$1.9m worth in shares. Recent Insider Transactions • Oct 21
Chairman & CEO recently bought HK$440k worth of stock On the 15th of October, Shuguang Qin bought around 70k shares on-market at roughly HK$6.29 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$452k. Shuguang has been a buyer over the last 12 months, purchasing a net total of HK$1.6m worth in shares. Recent Insider Transactions • Sep 30
Chairman & CEO recently bought HK$452k worth of stock On the 24th of September, Shuguang Qin bought around 70k shares on-market at roughly HK$6.46 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Shuguang has been a buyer over the last 12 months, purchasing a net total of HK$1.1m worth in shares. Reported Earnings • Aug 29
First half 2025 earnings released: CN¥0.14 loss per share (vs CN¥0.14 loss in 1H 2024) First half 2025 results: CN¥0.14 loss per share. Revenue: CN¥182.0m (up 10% from 1H 2024). Net loss: CN¥44.5m (loss narrowed 1.4% from 1H 2024). Announcement • Aug 15
Readboy Education Holding Company Limited to Report First Half, 2025 Results on Aug 27, 2025 Readboy Education Holding Company Limited announced that they will report first half, 2025 results on Aug 27, 2025 Reported Earnings • Mar 30
Full year 2024 earnings released: CN¥0.18 loss per share (vs CN¥0.21 loss in FY 2023) Full year 2024 results: CN¥0.18 loss per share (improved from CN¥0.21 loss in FY 2023). Revenue: CN¥461.4m (up 28% from FY 2023). Net loss: CN¥58.6m (loss narrowed 18% from FY 2023). Announcement • Mar 28
Readboy Education Holding Company Limited, Annual General Meeting, May 30, 2025 Readboy Education Holding Company Limited, Annual General Meeting, May 30, 2025. Announcement • Mar 17
Readboy Education Holding Company Limited to Report Fiscal Year 2024 Results on Mar 27, 2025 Readboy Education Holding Company Limited announced that they will report fiscal year 2024 results at 4:00 PM, China Standard Time on Mar 27, 2025 New Risk • Mar 14
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 88% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Recent Insider Transactions • Dec 01
Board Member recently bought HK$101k worth of stock On the 28th of November, Zhilan Liu bought around 16k shares on-market at roughly HK$6.34 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$483k. Insiders have collectively bought HK$1.8m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Nov 01
Board Member recently bought HK$483k worth of stock On the 28th of October, Zhilan Liu bought around 72k shares on-market at roughly HK$6.71 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$1.7m more in shares than they have sold in the last 12 months. Announcement • Oct 10
Readboy Education Holding Company Limited Announces Board and Committee Changes Readboy Education Holding Company Limited announces that Mr. Deng Denghui, due to his personal work plan, has resigned as an executive Director and has ceased to be a member of the environmental, social and governance committee of the Board with effect from 10 October 2024. Mr. Deng will not hold any other position with the Group after his cessation of directorship. The Board further announces that with effect from 10 October 2024, (i) Prof. Li Renfa, an independent non-executive Director, has been appointed as a member and the chairman of the ESG Committee; and (ii) Ms. Liu Zhilan ceased to serve as the chairman of the ESG Committee but remains as a member of the ESG Committee. Recent Insider Transactions • Oct 06
Board Member recently bought HK$192k worth of stock On the 2nd of October, Zhilan Liu bought around 30k shares on-market at roughly HK$6.40 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$1.1m more in shares than they have sold in the last 12 months. Announcement • Aug 26
Readboy Education Holding Company Limited Announces Board and Committee Changes Readboy Education Holding Company Limited announced that Mr. Li Xinshou has resigned as an independent non-executive Director and has ceased to be the chairman of the audit committee of the Board and a member of the remuneration committee of the Board with effect from 26 August 2024, due to his desire to devote more time to pursue other personal commitments. Mr. Li will not hold any other position with the Group after his cessation of directorship. The Board announced that Ms. Li Manfang has been appointed as an independent non-executive Director, the chairwoman of the Audit Committee and a member of the Remuneration Committee with effect from 26 August 2024. Li Manfang, Aged 49, Has 27 Years of Experience in the Field of Accounting and Financ Management. Ms. Li Is A Senior Accountant, A Senior Human Resource Management Professional, A T Advisor and A Certified Management Accountant. Ms. Li Has Possessed A Level Ii Securit Qualification Certificate. from June 1996 to March 1999, Ms. Li Served as Accountant of Hunan Province Material Industry Group Supporting Master Company. Where She Was Mainly Responsible for the Accounting and Tax Related Wo from April 1999 to July 2003, Ms. Li Was the Finance Manager of the Changsha Branch of Tian Tingyuan Food Co. Ltd. Under Ting Hisin International Group Where She Was in Charge of Organizing Accounting, Financial and Business Reporting. Fr August 2003 to July 2007, Ms. Li Served as the Head of Financial Management At the Capital a Finance Headquarter of China Reform Securities. Where She Was Primarily Responsible for the Internal Auditing, Managing External Audits, Financial Budgeting and Evaluating the Efficiency of Operating Expenses. from August 2007 June 2013, Ms. Li Served as the Deputy General Manager of Changsha Jinxin Property Holding C Ltd. Where She Was in Charge of Project Financial Management. M Li Has Been A Director and the Chief Financial Officer of Wuhan Century Hongbo Real Est Development Co. Ltd. Since July 2013 Where She Responsible for the Financial Accounting, Cost Control, Financing and Tax Planning. Ms. Li Obtain A Graduation Certificate in Accounting Issued by Hunan University and the Hunan Provinc Commission of Self-Taught Higher Education Examinations. Announcement • Aug 15
Readboy Education Holding Company Limited to Report First Half, 2024 Results on Aug 26, 2024 Readboy Education Holding Company Limited announced that they will report first half, 2024 results on Aug 26, 2024 Recent Insider Transactions • Jul 21
Board Member recently bought HK$130k worth of stock On the 16th of July, Zhilan Liu bought around 20k shares on-market at roughly HK$6.48 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$612k more in shares than they have sold in the last 12 months. Announcement • Mar 29
Readboy Education Holding Company Limited, Annual General Meeting, May 30, 2024 Readboy Education Holding Company Limited, Annual General Meeting, May 30, 2024. Reported Earnings • Mar 28
Full year 2023 earnings released: CN¥0.21 loss per share (vs CN¥0.017 profit in FY 2022) Full year 2023 results: CN¥0.21 loss per share (down from CN¥0.017 profit in FY 2022). Revenue: CN¥359.4m (down 41% from FY 2022). Net loss: CN¥71.4m (down CN¥76.7m from profit in FY 2022). Announcement • Mar 09
Readboy Education Holding Company Limited to Report Fiscal Year 2023 Results on Mar 27, 2024 Readboy Education Holding Company Limited announced that they will report fiscal year 2023 results on Mar 27, 2024 Recent Insider Transactions • Jan 16
Board Member recently bought HK$417k worth of stock On the 12th of January, Zhilan Liu bought around 65k shares on-market at roughly HK$6.44 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$769k more in shares than they have sold in the last 12 months. Reported Earnings • Aug 22
First half 2023 earnings released: CN¥0.11 loss per share (vs CN¥0.15 loss in 1H 2022) First half 2023 results: CN¥0.11 loss per share (improved from CN¥0.15 loss in 1H 2022). Revenue: CN¥125.9m (down 52% from 1H 2022). Net loss: CN¥37.7m (loss narrowed 11% from 1H 2022). Revenue is forecast to grow 57% p.a. on average during the next 2 years, compared to a 9.4% growth forecast for the Tech industry in Asia. Announcement • Aug 09
Readboy Education Holding Company Limited to Report First Half, 2023 Results on Aug 18, 2023 Readboy Education Holding Company Limited announced that they will report first half, 2023 results on Aug 18, 2023 Announcement • May 10
Readboy Education Holding Company Limited Announces Executive Changes The board of directors of Readboy Education Holding Company Limited announced that Ms. So Shuk Yi Betty (Ms. So) has resigned as a joint company secretary of the company. The Board also announced that Mr. Lam Kang Chi (Mr. Lam) has been appointed as a Joint Company Secretary, an Authorized Representative and the Process Agent to fill the vacancies after resignation of Ms. So becomes effective. Mr. Lam is an Assistant Manager of SWCS Corporate Services Group (Hong Kong) Limited. Mr. Lam holds a master degree in Corporate Governance from Hong Kong Metropolitan University and a bachelor degree in Business Management from The University of Bradford, the United Kingdom. He is a fellow member of the Hong Kong Chartered Governance Institute and possesses more than 10 years of working experience in the company secretarial field. Recent Insider Transactions • May 09
Chairman & CEO recently bought HK$352k worth of stock On the 3rd of May, Shuguang Qin bought around 50k shares on-market at roughly HK$7.04 per share. This transaction amounted to less than 1% 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 Shuguang's only on-market trade for the last 12 months. Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: CN¥0.017 (vs CN¥0.29 in FY 2021) Full year 2022 results: EPS: CN¥0.017 (down from CN¥0.29 in FY 2021). Revenue: CN¥605.2m (down 26% from FY 2021). Net income: CN¥5.21m (down 94% from FY 2021). Profit margin: 0.9% (down from 10% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 38% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Tech industry in Asia. Announcement • Dec 06
Readboy Education Holding Company Limited Announces Board Changes Readboy Education Holding Company Limited announces that Mr. Chen Jiafeng has tendered his resignation as an executive Director with effect from 5 December 2022 due to an increasing commitment required for supervising the Group's research and development projects which are reaching the critical stages of core technological breakthroughs. He will continue to serve as the deputy general manager of Readboy Education Technology Co. Ltd. Board Change • Nov 16
Less than half of directors are independent There are 9 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: 9 new directors. No experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Chairman & CEO Shuguang Qin is the most experienced director on the board, commencing their role in 2021. Independent Non-Executive Director Xinshou Li 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 20
First half 2022 earnings released First half 2022 results: CN¥0.15 loss per share. Net loss: CN¥42.3m (flat on 1H 2021). Announcement • Aug 12
Readboy Education Holding Company Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022 Readboy Education Holding Company Limited provides earnings guidance for the six months ended 30 June 2022. The Group is expected to record an unaudited consolidated loss attributable to the owners of the Company ranging from approximately RMB 40.0 million to RMB 45.0 million for the six months ended 30 June 2022 as compared to an unaudited consolidated profit attributable to the owners of the Company of approximately RMB 29.1 million for the corresponding period in 2021. Such expected loss is primarily attributable to a decrease in revenue of approximately RMB 95.4 million or 26.9% for the six months ended 30 June 2022 as compared to the corresponding period in 2021, which was primarily resulted from the decrease in sales of personal student tablets and wearable products due to the intensified COVID-19 pandemic control restrictions in place during the period affecting production schedule and the business of offline distributors. As a result, gross profit decreased from approximately RMB 88.1 million for the six months ended 30 June 2021 to approximately RMB 66.5 million for the six months ended 30 June 2022. an increase in selling and distribution expenses of approximately RMB 9.1 million or 29.4% for the six months ended 30 June 2022 as compared to the corresponding period in 2021, due to increased advertising and marketing effort in line with the launch of new products and the expansion of marketing channel, e.g. social media, as the Group's business strategy; approximately RMB 47.8 million loss recognised from changes in fair value of financial liabilities at fair value through profit or loss in connection with the shares of the Company issued to the pre-IPO investors (a gain of approximately RMB 2.2 million was recognised for the corresponding period in 2021), primarily due to an increase in the value of the Company's equity which was measured based on the valuation techniques determined by the independent and qualified valuer. Announcement • Jul 12
Readboy Education Holding Company Limited has completed an IPO in the amount of HKD 395.2 million. Readboy Education Holding Company Limited has completed an IPO in the amount of HKD 395.2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,200,000
Price\Range: HKD 7.6
Discount Per Security: HKD 0.22
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 46,800,000
Price\Range: HKD 7.6
Discount Per Security: HKD 0.22
Transaction Features: Regulation S Board Change • Jul 12
Less than half of directors are independent There are 9 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: 9 new directors. No experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Chairman & CEO Shuguang Qin is the most experienced director on the board, commencing their role in 2021. Independent Non-Executive Director Xinshou Li 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.