New Risk • Feb 20
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: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (HK$82.1m market cap, or US$10.5m). Announcement • Feb 02
China United Venture Investment Limited has completed a Follow-on Equity Offering in the amount of HKD 8.064 million. China United Venture Investment Limited has completed a Follow-on Equity Offering in the amount of HKD 8.064 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 70,800,000
Price\Range: HKD 0.08
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 30,000,000
Price\Range: HKD 0.08
Transaction Features: Subsequent Direct Listing Reported Earnings • Dec 02
First half 2026 earnings released: HK$0.038 loss per share (vs HK$0.057 loss in 1H 2025) First half 2026 results: HK$0.038 loss per share (improved from HK$0.057 loss in 1H 2025). Revenue: HK$62.2m (down 8.2% from 1H 2025). Net loss: HK$26.5m (loss narrowed 34% from 1H 2025). 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 22% per year, which means it is significantly lagging earnings. New Risk • Dec 01
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$27m 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$27m free cash flow). Earnings have declined by 15% per year over the past 5 years. Market cap is less than US$10m (HK$59.8m market cap, or US$7.68m). Announcement • Nov 18
China United Venture Investment Limited to Report First Half, 2026 Results on Nov 28, 2025 China United Venture Investment Limited announced that they will report first half, 2026 results on Nov 28, 2025 Announcement • Sep 09
China United Venture Investment Limited, Annual General Meeting, Sep 30, 2025 China United Venture Investment Limited, Annual General Meeting, Sep 30, 2025, at 17:00 China Standard Time. Location: rm 704, 7/f., han tang building, overseas chinese town, nanshan, shenzhen China Announcement • Jun 19
China United Venture Investment Limited to Report Fiscal Year 2025 Results on Jun 30, 2025 China United Venture Investment Limited announced that they will report fiscal year 2025 results at 4:00 PM, China Standard Time on Jun 30, 2025 Announcement • Jun 10
China United Venture Investment Limited, Annual General Meeting, Jun 30, 2025 China United Venture Investment Limited, Annual General Meeting, Jun 30, 2025, at 16:00 China Standard Time. Location: rm 704, 7/f., han tang building, overseas chinese town, nanshan, shenzhen., China Announcement • Jun 19
China United Venture Investment Limited Announces Board and Committee Changes China United Venture Investment Limited announced Ms. Yeung Sum ("Ms. Yeung") has been appointed as an independent non-executive director, a chairlady of the audit committee and a member of the strategy and development committee of the Company with effect from the date of resumption of trading in the Shares (i.e. 14 June 2024). Ms. Yeung, aged 50, has more than 20 years of experience in the fields of risk management, audit, finance and internal control. She was a founding partner of the business risk-advisory practices of both Hong Kong and China offices, and a lead partner in the business risk-advisory practices of South China when she was with one of the four largest renowned accounting firms. Ms. Yeung has been an independent non-executive director of Freetech Road Recycling Technology (Holdings) Limited since August 2012, and is currently the chair of the audit committee and a member of the remuneration committee of Freetech. Ms. Yeung obtained a bachelor degree in commerce majoring in finance and accounting from University of Auckland in May 1995. She has been a certified public accountant certified by the American Institute of Certified Public Accountants since April 2006, and a certified internal auditor awarded by the Institute of Internal Auditors since November 2002. Following the appointment of Ms. Yeung as an independent non-executive director of the Company on the date of resumption of trading in the Shares (i.e. 14 June 2024), Ms. Yeung has also been appointed as a chairlady of the Audit Committee with effect from the same date. Ms. Yeung, together with Dr. Yan Ka Shing ("Dr. Yan", who has been serving as the chairman of the Audit Committee since 3 March 2020), shall together lead the Audit Committee in their capacities as co-chair of the Audit Committee. Dr. Yan will continue to act as the chairman of the Company 's remuneration committee and nomination committee, and a member of its executive committee and Strategy and Development Committee. Ms. Yeung has also been appointed as a member of the Strategy and Development Committee with effect from the date of resumption of trading in the Shares (i.e. 14 June 2024). Furthermore, with effect from 19 June 2024, Mr. Zhang De An has ceased to act as a member of the Strategy and Development Committee, and Ms. Lo Choi Ha has ceased to act as a member of each of the Executive Committee and the Strategy and Development Committee, so that they could better focus on their respective roles in the board committees of the Company of which each of them will continue to remain as a member. The Board believes that such changes in the composition of the board committees of the Company could facilitate a more effective segregation of duties. New Risk • Jun 17
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$71.8m (US$9.19m) This is considered a major 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 Risks Shares are highly illiquid. Earnings have declined by 56% per year over the past 5 years. Market cap is less than US$10m (HK$71.8m market cap, or US$9.19m). Announcement • May 31
China United Venture Investment Limited Announces Changes in Directors and Composition of Board Committees China United Venture Investment Limited announced that the term of appointment of Mr. Ni Xian ("Mr. Ni") as a non-executive Director will expire on 30 May 2024. The Board noted that Mr. Ni intended to step down from his directorship in the second half of 2023 before it subsequently resolved with Mr. Ni to re-designate him from the position of executive Director to non-executive Director, with effect from 22 November 2023. This decision was made to enable Mr. Ni to assist the Company in addressing its audit issues and fulfill the resumption guidance provided by The Stock Exchange of Hong Kong Limited, allowing the trading in its shares (the "Shares") on GEM of the Stock Exchange to resume. Given that the Company's audit issues have been addressed and it has fulfilled the resumption guidance provided by the Stock Exchange in principle, Mr. Ni has confirmed his decision not to seek renewal of his appointment following the conclusion of his current term in order to devote more time to his other work commitments and will cease to act as a non-executive Director with effect from 30 May 2024. The Board announced that Mr. Wang Li Feng ("Mr. Wang"), the chairman of the Board, will be re-designated from an executive Director to a non-executive Director with effect from 30 May 2024. Mr. Wang will continue to lead the Group as the chairman of the Board and the strategy and development committee of the Company (the "Strategy and Development Committee"). Mr. Wang will not enter into any service agreement with the Company. No agreement has been entered into between the Company (or its subsidiaries) and Mr. Wang regarding the proposed duration of his appointment as a non-executive Director, or the required notice period given by either party for termination of such appointment. Mr. Wang will be subject to retirement by rotation at least once every three years in accordance with the bye-laws of the Company. His remuneration will be determined by the Board from time to time with reference to recommendation(s) provided by the remuneration committee of the Company (the "Remuneration Committee"), which takes into account Mr. Wang's qualification, experience, responsibilities as well as the prevailing market rate of remuneration for a comparable position. Mr. Wang is beneficially interested in 408,215,000 Shares, representing approximately 57.99% of the entire issued share capital of the Company. With effect from 30 May 2024, Mr. Wang has ceased to act as the chairman of each of the nomination committee (the " Nomination Committee ") and the executive committee (the " Executive Committee ") of the Company, and will be re-designated as the member of the Executive Committee. In place of Mr. Wang, Dr. Yan Ka Shing ("Dr. Yan") has been appointed as the chairman of the Nomination Committee, and Mr. Fan Xiaoling ("Mr. Fan"), an executive Director, has been appointed as the chairman of the Executive Committee. Mr. Fan has also been appointed as a member of the Strategy and Development Committee. Dr. Yan, an independent non-executive Director, has been appointed as the lead independent Director (the "Lead Independent Director") for an initial term of one year commencing from 30 May 2024. The Lead Independent Director is not an executive position in the Company and does not have any management role in the Company or any of its subsidiaries. Subsequent to this appointment, Dr. Yan will continue to serve as an independent non-executive director, the chairman of each of the audit committee of the Company (the "Audit Committee") and the Remuneration Committee as well as the member of each of the Executive Committee and the Strategy and Development Committee, and take up the new role as the chairman of the Nomination Committee as mentioned above. Dr. Yan, aged 38, has extensive experience in the medical industry and has served in various hospitals managed by the Hospital Authority (the "HA") in Hong Kong. He is a registered doctor and a Specialist in Endocrinology, Diabetes & Metabolism in Hong Kong, and currently holds a position of Associate Consultant in the HA. Dr. Yan obtained his Bachelor of Medicine and Bachelor of Surgery (MBBS) degree from the University of Hong Kong in November 2011, the Membership of the Royal Colleges of Physicians of the United Kingdom (MRCP (UK)), a postgraduate medical diploma in the United Kingdom, in March 2016, and the Postgraduate Diploma in Infectious Diseases from the University of Hong Kong (PDipID (HK)) in October 2019. Announcement • Mar 29
China United Venture Investment Limited Announces Board Changes The board of directors of the China United Venture Investment Limited announced that with effect from 28 March 2024 (i) Ms. Lo Choi Ha has been appointed as an independent non-executive Director, a member of each of the audit committee (the "Audit Committee "), the nomination committee (the " Nomination Committee"), the remuneration committee (the " Remuneration Committee "), the executive committee (the " Executive Committee") and the strategy and development committee (the "Strategy and Development Committee") of the Company; and (ii) Mr. Zhang De An, an independent non-executive Director and a current member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee, has been further appointed as a member of the Executive Committee and the Strategy and Development Committee. Following Ms. Lo's appointment, Mr. Sui Fuxiang, ("Mr. Sui"), an independent non-executive Director, ceased to act as a member of each of the Audit Committee, the Nomination Committee, the Remuneration Committee, the Executive Committee and the Strategy and DevelopmentCommittee with effect from 28 March 2024 but shall remain as an independent non-executive Director. Ms. Lo Choi Ha, aged 36, has extensive experience in the fields of finance and business management. Since 2021, she has held the position of director at Summi (HK) Asia Limited, overseeing the company 's finance and accounting functions. Ms. Lo received her advanced diploma in Business Management from Lingnan University in January 2024. Announcement • Mar 13
China United Venture Investment Limited Announces Resignation of Huang Bin as Co-Chairman of the Board and A Non-Executive Director China United Venture Investment Limited Board announced that with effect from 13 March 2024: Mr. Huang Bin (Mr. Huang) has resigned as the Co-Chairman of the Board and a non-executive Director, due to his other personal commitments, and ceased to be the Co-Chairman of the remuneration committee of the Company following his resignation. Mr. Huang has confirmed that he has no disagreement with the Board and there are no other matters that need to be brought to the attention of the Shareholders or the Stock Exchange in relation to his resignation. Announcement • Mar 01
China United Venture Investment Limited, Annual General Meeting, Apr 02, 2024 China United Venture Investment Limited, Annual General Meeting, Apr 02, 2024, at 17:00 China Standard Time. Location: The Hong Kong Medical Association 5th Floor, Duke of Windsor Social Service Building, 15 Hennessy Road Wai Chai Hong Kong Agenda: To receive and adopt the audited consolidated financial statements and the reports of the directors of the Company and the independent auditor of the Company for the year ended 31 December 2022; to re-appoint Prism Hong Kong and Shanghai Limited as the Auditor and to authorize the board of Directors to fix their remuneration; to consider directorate reelections; to authorize the board of Directors to fix the Directors' remuneration; to grant the repurchase mandate to the Directors to repurchase shares of the Company; and to consider other matters. Announcement • Nov 24
China United Venture Investment Limited Announces Management Changes The board of directors of China United Venture Investment Limited announced that Mr. Ni Xian (Mr. Ni), an executive Director of the company, will be re-designated as a non-executive Director of the company with effect from 22 November 2023. Mr. Ni, aged 37, joined the Company as an executive Director on 4 March 2022. Mr. Ni has assisted companies in making public offerings and seeking listing on the Main Board of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and has accumulated working experience in a number of well-known financial advisory companies. He passed the National Judicial Examination in the PRC, the Test for English Majors - Band 8, and the Fund Qualification Examination. Mr. Ni also has the experience in corporate investment and financing, corporate governance and financial management. Mr. Ni acted as the President Assistant of Pa Shun International Holdings Limited, the issued shares of which are listed on the Stock Exchange, where he was responsible for making assessments on acquisitions and investment projects, conducting due diligence investigations on finance, business and legal issues, assisting in completing the IPO of Pa Shun International Holdings Limited in June 2015, assisting in monitoring the progress of projects and financial position of projects, and assisting the chief executive officer in developing the long- medium term development strategies and dealing with the relationships with investors. From 31 December 2020 to 4 December 2021, Mr. Ni was an executive director of Lamtex Holdings Limited, the issued shares of which was once listed on the Stock Exchange and was subsequently delisted from the Stock Exchange on 20 April 2022. Mr. Ni graduated from Northwest University of Political Science and Law with a bachelor's degree in legal English in 2008. He subsequently obtained a master's degree in Law from the Law School of Huaqiao University in 2011. Mr. Ni will enter into a letter of appointment with the Company for an initial term of two years, subject to retirement by rotation and re-election in accordance with the bye-laws of the Company. Mr. Ni will have no fixed remuneration but he is entitled to receive director's fee and/or remuneration as determined by the Board from time to time based on his performance, experience, responsibilities and prevailing market conditions. The Board hereby also announced that Ms. Ng Tien Che Margaret (Ms. Ng) has tendered her resignation as the (i) company secretary (the "Company Secretary"); and (ii) process agent of the Company with effect from 16 October 2023. Announcement • Jul 27
China United Venture Investment Limited Announces Resignation of Wu Lebin as an Independent Non-Executive Director, the Resignation Takes Effect as of 24 July 2023 China United Venture Investment Limited announced that the Board has received a letter from Mr. WU Lebin ("Mr. Wu") dated 24 July 2023, tendering his resignation as an independent non-executive director of the Company due to his other business commitments, and the resignation takes effect as of 24 July 2023. Mr. Wu has confirmed that he has no disagreement with the Board and that there are no other matters that need to be brought to the attention of the shareholders of the Company or to the attention of The Stock Exchange of Hong Kong Limited in relation to his resignation. Announcement • Jun 02
China United Venture Investment Limited Announces Management Changes The board of directors of China United Venture Investment Limited announced that Mr. Tsang Shiao Tung Joseph has tendered his resignation as the company secretary of the Company on 14 May 2023. The Board announced that Mr. Fan Xiaoling, an executive Director of the Company, has been appointed as an Authorized Representative of the Company on 1 June 2023 to fill the vacancy arising from the resignation of Mr. Tsang. The Board also announced that Ms. Ng Tien Che Margaret has been appointed as the Company Secretary and the Process Agent on 1 June 2023, to fill the vacancy arising from the resignation of Mr. Tsang. Ms. Ng is a solicitor as defined in the Legal Practitioners Ordinance (Cap. 159 of the Laws of Hong Kong) and hence complies with the requisite qualifications under rules 5.14 and 11.07(2) of the GEM Listing Rules to discharge the functions of the company secretary of the Company under the GEM Listing Rules. Ms. Ng obtained Bachelor of Laws and Professional Certificate in Laws from the University of Hong Kong. She previously held senior management positions in the legal and/or compliance departments of multi-national corporations, some of which are companies listed in Hong Kong and the United States, and has extensive experience in commercial practices, corporate finance transactions, risk management, corporate restructuring and regulatory compliance. RE-DESIGNATION OF CO-CHAIRMAN OF BOARD COMMITTEE: The Board announced that Mr. Wang Li Feng, who is currently a committee member of the Nomination Committee, has been re-designated as Co-Chairman of the Nomination Committee on 1 June 2023. Mr. Huang Bin, together with Mr. Wang, in their capacities as Co-Chairman of the Nomination Committee, shall together lead the Nomination Committee and continue to carry out its duties, in particular, to (i) formulate nomination policy of the Group; (ii) review the structure, size and composition of the Board; (iii) to make recommendations to the Board on the appointment or re-appointment of directors; and (iv) establish and implement guidelines for the recruitment and employment of the senior management and general staff of the Group. Reported Earnings • Nov 19
Third quarter 2022 earnings released: HK$0.015 loss per share (vs HK$0.016 loss in 3Q 2021) Third quarter 2022 results: HK$0.015 loss per share (improved from HK$0.016 loss in 3Q 2021). Revenue: HK$68.6m (down 20% from 3Q 2021). Net loss: HK$10.9m (loss narrowed 2.1% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Less than half of directors are independent There are 11 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 11 new directors. 1 experienced director. No highly experienced directors. 4 independent directors (7 non-independent directors). Compliance Officer & Executive Vice Chairman of the Board Li Feng Wang is the most experienced director on the board, commencing their role in 2016. Independent Non-Executive Director Fuxiang Sui was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Nov 15
China United Venture Investment Limited Announces Change of Company Secretary The Board of China United Venture Investment Limited announced that Mr. Tam Sik Wai ("Mr. Tam") has tendered his resignation as (i) the company secretary of the Company (the "Company Secretary") with effect from 14 November 202. The Board announced that Mr. Tsang Shiao Tung Joseph ("Mr. Tsang") has been appointed as the Company Secretary, an Authorised Representative and the Process Agent with effect from 14 November 2022. Mr. Tsang holds a Bachelor of Commerce degree from the University of Toronto and a Master of Corporate Governance degree from The Open University of Hong Kong (currently known as Hong Kong Metropolitan University). Mr. Tsang is an associate member of The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom. He has extensive experience in the company secretarial field and the banking field. Announcement • Nov 02
China United Venture Investment Limited to Report Q3, 2022 Results on Nov 14, 2022 China United Venture Investment Limited announced that they will report Q3, 2022 results on Nov 14, 2022 Announcement • Aug 31
China United Venture Investment Limited, Annual General Meeting, Sep 30, 2022 China United Venture Investment Limited, Annual General Meeting, Sep 30, 2022, at 14:30 China Standard Time. Location: Room 2, 14/F, Fairmont House, 8 Cotton Tree Drive Central Hong Kong Agenda: To receive and adopt the audited consolidated financial statements and the reports of the directors of the Company and the independent auditor of the Company for the year ended 31 December 2021; to re-appoint UniTax Prism (HK) CPA Limited as the Auditor and to authorise the board of Directors to fix their remuneration; and to consider any other matters. Announcement • Aug 18
China United Venture Investment Limited Announces Board Changes China United Venture Investment Limited (the Company) announced that Dr. Fong Chi Wai Alex (Dr. Fong) has resigned as an independent non-executive Director due to other business commitments with effect from 17 August 2022. Following the resignation of Dr. Fong, ceased to be a member of each of the audit committee (the Audit Committee), the nomination committee (the Nomination Committee), the remuneration committee (the Remuneration Committee), the executive committee (the Executive Committee) and the strategy and development committee (the Strategy and Development Committee) of the Company. Dr. Fong has confirmed that he has no disagreements with the Board and there are no other matters in relation to his resignation that need to be brought to the attention of the shareholders of the Company or to the attention of The Stock Exchange of Hong Kong Limited (the Stock Exchange). The Board announced that Mr. Sui Fuxiang (Mr Sui) has been appointed as an independent non-executive Director, a member of each of the Audit Committee, the Remuneration Committee, the Nomination Committee, the Executive Committee and the Strategy and Development Committee with effect from 17 August 2022. Mr. Sui Fuxiang, aged 49, has long been engaged in strategic research, financial investment and business collaboration. Sui has studied in a number of universities and has studied in the international economic and trade environment, especially in the field of equity investment. Sui is familiar with the economic and social conditions of Hong Kong and Macau, and is good at analysis for macro economy, as well as business models and cutting-edge technology research. Focusing on new energy, new infrastructure and specialized and new fields, Mr. Sui has organized and planned a number of developments and transactions regarding high- end equipment production, asset management, supply chain finance and comprehensive healthcare projects, underpinned by his rich relevant resources and experience. Since joining CITIC Merchant Co. Ltd. in 2019, Sui has been mainly responsible for internal coordination within the group, project development and client liaison. Mr. Sui was a non-executive director of GTI Holdings Limited from November 2019 to October 2020. Reported Earnings • Aug 14
Second quarter 2022 earnings released: HK$0.009 loss per share (vs HK$0.018 profit in 2Q 2021) Second quarter 2022 results: HK$0.009 loss per share (down from HK$0.018 profit in 2Q 2021). Revenue: HK$84.9m (down 6.2% from 2Q 2021). Net loss: HK$6.48m (down 154% from profit in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Announcement • Aug 03
China United Venture Investment Limited to Report Q2, 2022 Results on Aug 12, 2022 China United Venture Investment Limited announced that they will report Q2, 2022 results on Aug 12, 2022 Reported Earnings • May 16
First quarter 2022 earnings released: HK$0.019 loss per share (vs HK$0.008 loss in 1Q 2021) First quarter 2022 results: HK$0.019 loss per share (down from HK$0.008 loss in 1Q 2021). Revenue: HK$82.1m (up 12% from 1Q 2021). Net loss: HK$13.3m (loss widened 128% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • May 12
China United Venture Investment Limited Announces Resignation of Lee Jui-Lan as Executive Director The board of directors of China United Venture Investment Limited announced that with effect from 6 May 2022, Ms. Lee Jui-lan has resigned as an executive Director due to her other business commitments. 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 (7 non-independent directors). Compliance Officer & Executive Vice Chairman of the Board Li Feng Wang is the most experienced director on the board, commencing their role in 2016. Independent Non Executive Director Lin Xu 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 09
Glory Mark Hi-Tech (Holdings) Limited Announces Management Changes The board of directors of GLORY MARK HI-TECH (HOLDINGS) LIMITED announced that Mr. Man Yun Wah ("Mr. Man") has tendered his resignation as (i) the company secretary of the Company. The Board announced that Mr. Tam Sik Wai has been appointed as the Company Secretary, an Authorised Representative and the Process Agent with effect from 8 April 2022. Reported Earnings • Apr 03
Full year 2021 earnings released: EPS: HK$0.059 (vs HK$0.007 loss in FY 2020) Full year 2021 results: EPS: HK$0.059 (up from HK$0.007 loss in FY 2020). Revenue: HK$350.7m (up 20% from FY 2020). Net income: HK$41.7m (up HK$46.2m from FY 2020). Profit margin: 12% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Announcement • Mar 23
Glory Mark Hi-Tech (Holdings) Limited to Report Fiscal Year 2021 Results on Mar 31, 2022 Glory Mark Hi-Tech (Holdings) Limited announced that they will report fiscal year 2021 results on Mar 31, 2022 Announcement • Mar 06
Glory Mark Hi-Tech (Holdings) Limited Announces Management Changes The board of directors of Glory Mark Hi-Tech (Holdings) Limited announced that due to job re-arrangement, Mr. Wang Li Feng, being the Co-Chairman of the Board and Executive Director, has been redesignated to Vice Chairman of the Board with effect from 4 March 2022. Following the redesignation of Mr. Wang to Vice Chairman of the Board, he will remain as an Executive Director, the chairman of the executive committee of the Company, the chairman of the strategy and development committee of the Company and a member of the remuneration committee of the Company. Mr. Wang Li Feng was appointed as an executive Director since 15 September 2016. Mr. Wang is a director of PT Design Group Holdings Limited ("PT Design"), the controlling shareholder of the Company. He worked as the chief representative for Peddle Thorp Architects Melbourne Asia Shenzhen Office from February 1998 to January 2003. He has been the executive director of Peddle Thorp Consultants (Shenzhen) Co. Ltd. since January 2003 and has been the chairman of PT Architecture Design (Shenzhen) Company Limited since March 2009. The Board announced that Mr. Ni Xian has been appointed as an executive Director with effect from 4 March 2022. Mr. Ni has assisted companies in making public offerings and seeking listing on the Main Board of The Stock Exchange of Hong Kong Limited and has accumulated working experience in a number of well-known financial advisory companies. He passed the National Judicial Examination in the PRC, the Test for English Majors -- Band 8, and the Fund Qualification Examination. He has the experience in corporate investment and financing, corporate governance and financial management. From 31 December 2020 to 4 December 2021, Mr. Ni was an Executive Director of Lamtex Holdings Limited. The Board announced that Mr. Xu Lin has been appointed as an independent non- executive Director with effect from 4 March 2022. Mr. Xu Lin is currently a Senior Vice-President and President of China of Chow Tai Fook Enterprises Limited and General Manager of Chow Tai Fook Investment Limited. Mr. Xu has extensive working experiences and extensive experiences in policy making. He was a Director of Business Development of CITIC Limited, Vice-President of Kaisa Group Holdings Limited and Chairman of Kaisa Financial Group, President of Zhaobangji Financial Group and Zhaobangji Properties Group, an Executive Director and Executive Vice-Chairman of DTXS Silk Road Investment Holdings Company Limited. With the exposure to several positions, Mr. Xu has solid foundation in economic theory and rich experience in management. Also, he is Vice-Chairman of Enterprise Directors Association of Guangdong-hong Kong-macau Greater Bay Area. Mr. Xu Lin currently serves as a non-executive director of Hao Tian International Construction Investment Group Limited. The Board announced that Dr. Feng Shen, in order to devote more time to his otherbusiness commitments, has ceased to be an independent non-executive Director, a member of the audit committee of the Company, the remuneration committee, the nomination committee of the Company, the executive committee and the strategy and development committee, respectively, upon the expiration of term of letter of appointment on 4 March 2022. Following the Cessation: Mr. Xu has been appointed as a member of the Audit Committee and a member of nomination committee with effect from 4 March 2022; Dr. Fong Chi Wai, Alex has been appointed as a member of the Remuneration Committee, the Nomination Committee, the Executive Committee and the Strategy and Development Committee with effect from 4 March 2022; Mr. Wang Li Feng has been redesignated from the chairman of Nomination Committee to a member of Nomination Committee with effect from 4 March 2022; and Mr. Huang Bin has been appointed as the chairman of Nomination Committee with effect from 4 March 2022. Announcement • Feb 22
Glory Mark Hi-Tech (Holdings) Limited Announces Management Appointments The board of directors of GLORY MARK HI-TECH (HOLDINGS) LIMITED announced that Mr. Huang Bin has been appointed as a non-executive Director and Chairman of the Board with effect from 20 February 2022. Mr. Wang Li Feng, the current executive Director and Chairman, will continue to hold his office as Chairman of the Board, and together with Mr. Huang, shall lead the Board and the development of the Company in their capacities as Co-chairman. Mr. Huang Bin, aged 56, is currently a director of CITIC International Assets Management Limited and a non-executive director and co-chairman of China New Economy Fund Limited respectively. He also has extensive professional experience in fund and asset management as well as investment banking and direct investments. Mr. Huang committed to contributing in China for years, including development in cross-border energy, resource mergers and acquisitions, and promoting energy output and international engineering. The Board of Directors announced that Mr. Wu Lebin has been appointed as an independent non-executive Director with effect from 20 February 2022. Mr. Wu is the chairman of the board of director of CAS Venture Capital Investment Management Co. Ltd., the chairman of the board of director of Hui Xin Fund Management Company Limited, the chairman of the board of director of New Journey Hospital Group, the chairman and an executive director of Biosino Bio-technology And Science Incorporation. Announcement • Feb 18
Glory Mark Hi-Tech (Holdings) Limited Appoints Chen Xiaofeng as an Executive Director Glory Mark Hi-Tech (Holdings) Limited announced that Dr. Chen Xiaofeng has been appointed as an executive Director with effect from 17 February 2022. Dr. Chen Xiaofeng, aged 32, obtained a bachelor's degree in laws from Shenzhen University, Master of Laws in International Economic Law and Doctor of Juridical Science in law from City University of Hong Kong. Dr. Chen is a director and a founder of Darelove Technology Limited, the chief scientist and legal adviser of Innovation and Entrepreneurship Center for Hong Kong and Macao Youth in Shenzhen North Railway Station, Senior Consultant of Guangdong Menghai Law Firm, etc. He has extensive experiences in policy, legal, strategic research and senior executive management. Also, Dr. Chen is a member of Chinese Association of Hong Kong & Macao Studies, a member of the council of Hong Kong Basic Law and Macau Basic Law Research Association of China Law Society, Vice President of Hong Kong Basic Law Education Association, a visiting professor of Guangxi Nanning Normal University, guest researcher of The Center for Basic Laws of Hong Kong and Macau Special Administrative Regions in Shenzhen University, etc. For public services in Hong Kong, Dr. Chen is a member of the election committee of Hong Kong Special Administrative Region, a panel member of the Municipal Services Appeals Board under Chief Secretary for Administration's office, a member of Standing Committee on STEM Education of Curriculum Development Council of Education Bureau, etc. Reported Earnings • Nov 15
Third quarter 2021 earnings released: HK$0.016 loss per share (vs HK$0.003 loss in 3Q 2020) The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: HK$86.1m (up 14% from 3Q 2020). Net loss: HK$11.2m (loss widened 408% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 19
Second quarter 2021 earnings released: EPS HK$0.018 (vs HK$0.023 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: HK$90.6m (down 11% from 2Q 2020). Net income: HK$12.0m (down 18% from 2Q 2020). Profit margin: 13% (down from 15% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 46 percentage points per year, which is a significant difference in performance. Reported Earnings • May 17
First quarter 2021 earnings released: HK$0.008 loss per share (vs HK$0.013 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: HK$73.2m (up 32% from 1Q 2020). Net loss: HK$5.85m (loss narrowed 31% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 35% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 27
Full year 2020 earnings released: HK$0.007 loss per share (vs HK$0.019 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: HK$292.7m (down 16% from FY 2019). Net loss: HK$4.58m (down 137% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Announcement • Mar 16
Glory Mark Hi-Tech (Holdings) Limited to Report Fiscal Year 2020 Results on Mar 25, 2021 Glory Mark Hi-Tech (Holdings) Limited announced that they will report fiscal year 2020 results on Mar 25, 2021 Recent Insider Transactions • Jan 27
Compliance Officer & Chairman recently bought HK$781k worth of stock On the 22nd of January, Li Feng Wang bought around 7m shares on-market at roughly HK$0.11 per share. In the last 3 months, they made an even bigger purchase worth HK$1.1m. Li Feng has been a buyer over the last 12 months, purchasing a net total of HK$5.4m worth in shares. Recent Insider Transactions • Jan 19
Compliance Officer & Chairman recently bought HK$392k worth of stock On the 14th of January, Li Feng Wang bought around 4m shares on-market at roughly HK$0.098 per share. In the last 3 months, they made an even bigger purchase worth HK$1.1m. Li Feng has been a buyer over the last 12 months, purchasing a net total of HK$4.1m worth in shares. Recent Insider Transactions • Jan 10
Compliance Officer & Chairman recently bought HK$594k worth of stock On the 5th of January, Li Feng Wang bought around 6m shares on-market at roughly HK$0.099 per share. In the last 3 months, they made an even bigger purchase worth HK$1.1m. Li Feng has been a buyer over the last 12 months, purchasing a net total of HK$3.3m worth in shares. Recent Insider Transactions • Dec 03
Compliance Officer & Chairman recently bought HK$1.1m worth of stock On the 30th of November, Li Feng Wang bought around 10m shares on-market at roughly HK$0.11 per share. This was the largest purchase by an insider in the last 3 months. Li Feng has been a buyer over the last 12 months, purchasing a net total of HK$2.1m worth in shares. Reported Earnings • Nov 15
Third quarter 2020 earnings released: HK$0.003 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: HK$75.7m (down 9.1% from 3Q 2019). Net loss: HK$2.20m (down 228% from profit in 3Q 2019). 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 37% per year, which means it is performing significantly worse than earnings. Announcement • Nov 04
Glory Mark Hi-Tech (Holdings) Limited to Report Q3, 2020 Results on Nov 13, 2020 Glory Mark Hi-Tech (Holdings) Limited announced that they will report Q3, 2020 results on Nov 13, 2020 Announcement • Aug 06
Glory Mark Hi-Tech (Holdings) Limited to Report First Half, 2020 Results on Aug 14, 2020 Glory Mark Hi-Tech (Holdings) Limited announced that they will report first half, 2020 results on Aug 14, 2020 
