Recent Insider Transactions • May 01
Executive Chairman & Acting CEO recently sold HK$504k worth of stock On the 22nd of April, Siu Fai Cheung sold around 900k shares on-market at roughly HK$0.56 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Siu Fai has been a net seller over the last 12 months, reducing personal holdings by HK$639k. Announcement • Apr 24
Great Wall Terroir Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 18.511185 million. Great Wall Terroir Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 18.511185 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 39,385,500
Price\Range: HKD 0.47
Discount Per Security: HKD 0.0047
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 27
Full year 2025 earnings released: HK$0.15 loss per share (vs HK$0.13 loss in FY 2024) Full year 2025 results: HK$0.15 loss per share (further deteriorated from HK$0.13 loss in FY 2024). Revenue: HK$105.8m (up 30% from FY 2024). Net loss: HK$30.5m (loss widened 19% from FY 2024). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year. Announcement • Mar 13
Great Wall Terroir Holdings Limited to Report Fiscal Year 2025 Results on Mar 26, 2026 Great Wall Terroir Holdings Limited announced that they will report fiscal year 2025 results on Mar 26, 2026 New Risk • Mar 09
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$15m free cash flow). Negative equity (-HK$5.8m). Earnings have declined by 8.8% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$93.5m market cap, or US$12.0m). New Risk • Mar 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 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 Risks Less than 1 year of cash runway based on free cash flow trend (-HK$15m free cash flow). Negative equity (-HK$5.8m). Earnings have declined by 8.8% 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$82.7m market cap, or US$10.6m). Reported Earnings • Aug 23
First half 2025 earnings released: HK$0.033 loss per share (vs HK$0.053 loss in 1H 2024) First half 2025 results: HK$0.033 loss per share (improved from HK$0.053 loss in 1H 2024). Revenue: HK$49.1m (up 33% from 1H 2024). Net loss: HK$6.59m (loss narrowed 37% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. New Risk • Aug 22
New major risk - Negative shareholders equity The company has negative equity. Total equity: -HK$5.8m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$15m free cash flow). Negative equity (-HK$5.8m). Earnings have declined by 8.8% per year over the past 5 years. Market cap is less than US$10m (HK$61.0m market cap, or US$7.81m). Announcement • Aug 09
Great Wall Terroir Holdings Limited to Report First Half, 2025 Results on Aug 21, 2025 Great Wall Terroir Holdings Limited announced that they will report first half, 2025 results on Aug 21, 2025 Recent Insider Transactions • Jul 27
Executive Chairman & Acting CEO recently sold HK$210k worth of stock On the 21st of July, Siu Fai Cheung sold around 700k shares on-market at roughly HK$0.30 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite the recent sale, Siu Fai has been a net buyer over the last 12 months, purchasing a net total of HK$263k worth of shares. New Risk • May 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$17m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Market cap is less than US$10m (HK$59.1m market cap, or US$7.54m). Recent Insider Transactions • May 04
Executive Chairman & Acting CEO recently bought HK$62k worth of stock On the 29th of April, Siu Fai Cheung bought around 200k shares on-market at roughly HK$0.31 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. Siu Fai has been a buyer over the last 12 months, purchasing a net total of HK$398k worth in shares. Reported Earnings • Apr 27
Full year 2024 earnings released: HK$0.13 loss per share (vs HK$0.18 loss in FY 2023) Full year 2024 results: HK$0.13 loss per share (improved from HK$0.18 loss in FY 2023). Revenue: HK$81.2m (down 8.8% from FY 2023). Net loss: HK$25.7m (loss narrowed 27% from FY 2023). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Announcement • Apr 24
Great Wall Terroir Holdings Limited, Annual General Meeting, Jun 05, 2025 Great Wall Terroir Holdings Limited, Annual General Meeting, Jun 05, 2025, at 15:00 China Standard Time. Location: soho 1, 6/f, ibis hong kong central and sheung wan hotel, no. 28 des voeux road west, sheung wan., Hong Kong Reported Earnings • Mar 21
Full year 2024 earnings released: HK$0.13 loss per share (vs HK$0.18 loss in FY 2023) Full year 2024 results: HK$0.13 loss per share (improved from HK$0.18 loss in FY 2023). Revenue: HK$81.2m (down 8.8% from FY 2023). Net loss: HK$25.7m (loss narrowed 27% from FY 2023). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. New Risk • Mar 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$24m free cash flow). Market cap is less than US$10m (HK$61.0m market cap, or US$7.86m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). Announcement • Mar 07
Great Wall Terroir Holdings Limited to Report Fiscal Year 2024 Results on Mar 20, 2025 Great Wall Terroir Holdings Limited announced that they will report fiscal year 2024 results on Mar 20, 2025 New Risk • Jan 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$24m free cash flow). Market cap is less than US$10m (HK$59.1m market cap, or US$7.59m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Announcement • Nov 21
Great Wall Terroir Holdings Limited Announces Board and Committee Changes The board of directors of Great Wall Terroir Holdings announced the following: Mr. Cheung Sze Ming (‘ Mr. Cheung ‘) has tendered his resignation as an independent non-executive Director with effect from 21 November 2024 to devote more time on other business commitments. Following his resignation, he will cease to be a member of the audit committee (‘Audit Committee’), remuneration committee (‘Remuneration Committee’) and nomination committee (‘Nomination Committee’) of the Company. Mr. Cheung has confirmed that he has no claim against the Company in respect of his resignation and has no disagreement with the Board. Mr. Cheung further confirmed that there are no matters in respect of his resignation that needs to be brought to the attention of the shareholders of the Company (the ‘Shareholder(s)’) and The Stock Exchange of Hong Kong Limited (the ‘Stock Exchange’). Ms. Dong Jianmei (‘ Ms. Dong ‘) has been appointed as an independent non-executive Director and a member of the Audit Committee, Remuneration Committee and Nomination Committee with effect from 21 November 2024. Ms. Dong, aged 51, has approximately 27 years of experience in the field of natural resources economics and business management. Since 1996 and until now, Ms. Dong has been working as a researcher at the Chinese Academy of Natural Resources Economics (formerly known as Chinese Academy of Land & Resource Economics and is mainly responsible for researching on the reform and development) of the national geological exploration industry and management of geological data. In August 2018, she has received a Certificate of Senior Qualification issued by the Chinese Academy of Land & Resource Economics. Ms. Dong obtained a Bachelor of Economics and a Master of Economics from Renmin University of China in June 2004 and June 2011 respectively. Ms. Dong has also obtained a Certificate of Accounting Professional in the People's Republic of China in December 1999. She has been an independent non-executive director of Shunten International (Holdings) Limited, a company listed on the Stock Exchange (stock code: 932), since 1 July 2022. Recent Insider Transactions • Oct 09
Executive Chairman & Acting CEO recently bought HK$143k worth of stock On the 4th of October, Siu Fai Cheung bought around 400k shares on-market at roughly HK$0.36 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. Siu Fai has been a buyer over the last 12 months, purchasing a net total of HK$277k worth in shares. Recent Insider Transactions • Sep 04
Executive Chairman & Acting CEO recently bought HK$78k worth of stock On the 29th of August, Siu Fai Cheung bought around 300k shares on-market at roughly HK$0.26 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. Siu Fai has been a buyer over the last 12 months, purchasing a net total of HK$134k worth in shares. Announcement • Aug 06
Great Wall Terroir Holdings Limited to Report First Half, 2024 Results on Aug 20, 2024 Great Wall Terroir Holdings Limited announced that they will report first half, 2024 results on Aug 20, 2024 Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Sze Ming Cheung was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Mar 31
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Market cap is less than US$10m (HK$47.3m market cap, or US$6.04m). Announcement • Mar 23
Great Wall Terroir Holdings Limited, Annual General Meeting, Jun 06, 2024 Great Wall Terroir Holdings Limited, Annual General Meeting, Jun 06, 2024. Reported Earnings • Mar 22
Full year 2023 earnings released: HK$0.18 loss per share (vs HK$0.14 loss in FY 2022) Full year 2023 results: HK$0.18 loss per share (further deteriorated from HK$0.14 loss in FY 2022). Revenue: HK$89.1m (down 1.6% from FY 2022). Net loss: HK$35.3m (loss widened 52% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has fallen by 57% per year, which means it is performing significantly worse than earnings. Announcement • Mar 09
Great Wall Terroir Holdings Limited to Report Fiscal Year 2023 Results on Mar 21, 2024 Great Wall Terroir Holdings Limited announced that they will report fiscal year 2023 results on Mar 21, 2024 New Risk • Feb 06
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 Risks Less than 1 year of cash runway based on free cash flow trend (-HK$20m free cash flow). Market cap is less than US$10m (HK$53.2m market cap, or US$6.80m). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Announcement • Nov 30
Great Wall Terroir Holdings Limited Resignation of Mr. Cheung Hung as an Executive Director The board (the "Board") of directors (the "Director(s)") of Great Wall Terroir Holdings Limited (the "Company") announces that Mr. Cheung Hung ("Mr. Cheung") has tendered resignation as an executive Director with effect from 30 November 2023 due to his decision to devote more time on his other personal commitments. Mr. Cheung has confirmed that he has no disagreement with the Board and there is no other matters relating to his resignation that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited. Announcement • Oct 14
Great Wall Terroir Holdings Limited Announces Management Changes, Effective October 24, 2023 The board of directors of Great Wall Terroir Holdings Limited announced that on 13 October 2023, Mr. Leung Yung Yan ("Mr. Leung") has tendered his resignation as the company secretary (the "Company Secretary") and the financial controller (the "Financial Controller") of the Company. Upon his resignation, Mr. Leung has also ceased to be an authorised representative of the Company (the "Authorised Representative") under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and a process agent of the Company for the purpose of accepting service of process or notice on behalf of the Company in Hong Kong under the Companies Ordinance (Chapter 622 of the Laws of Hong Kong). Following the resignation of Mr. Leung, on 13 October 2023, Mr. Yip Kai Kon ("Mr. Yip") has been appointed as the acting Company Secretary, the Authorised Representative and the Process Agent. Mr. Yip will resign from the above-mentioned positions on 24 October 2023 and the Board will fill the vacancies by appointing Mr. Li Chi Pong ("Mr. Li") as the Company Secretary, the Authorised Representative, the Process Agent and the Financial Controller with effect from 24 October 2023. Mr. Yip, aged 35, holds a bachelor's degree in business administration in accountancy awarded by City University of Hong Kong. He is a member of the Hong Kong Institute of Certified Public Accountants. He has over 10 years of experience in the field of accounting, auditing and taxation. Mr. Yip has been an employee of the Group since April 2018. Mr. Li, aged 38, obtained a bachelor's degree in Accountancy from Hong Kong Baptist University. He is a member of the Hong Kong Institute of Certified Public Accountants. He has over 10 years of experience in finance, auditing and accounting fields. Prior to joining the Company, Mr. Li was the finance and accounting manager of a worldwide e-commerce shopping platform from May 2022 to October 2023. He worked as an assurance manager of Moore CPA Limited (formerly known as Moore Stephens CPA Limited) for the period from January 2018 to December 2021. New Risk • Oct 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$20m free cash flow). Market cap is less than US$10m (HK$58.1m market cap, or US$7.42m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (25% increase in shares outstanding). Reported Earnings • Aug 28
First half 2023 earnings released: HK$0.065 loss per share (vs HK$0.074 loss in 1H 2022) First half 2023 results: HK$0.065 loss per share. Revenue: HK$41.7m (down 6.5% from 1H 2022). Net loss: HK$12.9m (loss widened 11% from 1H 2022). New Risk • Aug 25
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$20m 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$20m free cash flow). Market cap is less than US$10m (HK$56.1m market cap, or US$7.16m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding). Announcement • Aug 11
Great Wall Terroir Holdings Limited to Report First Half, 2023 Results on Aug 24, 2023 Great Wall Terroir Holdings Limited announced that they will report first half, 2023 results on Aug 24, 2023 Reported Earnings • Mar 24
Full year 2022 earnings released: HK$0.014 loss per share (vs HK$0.018 loss in FY 2021) Full year 2022 results: HK$0.014 loss per share (improved from HK$0.018 loss in FY 2021). Revenue: HK$90.5m (down 13% from FY 2021). Net loss: HK$20.2m (loss narrowed 8.2% from FY 2021). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Announcement • Jan 06
Great Wall Terroir Holdings Limited Appoints Cheung Hung as Executive Director The board of directors of Great Wall Terroir Holdings Limited announced that Mr. Cheung Hung (‘Mr. Cheung’) has been appointed as an executive Director with effect from 5 January 2023. The biographical details of Mr. Cheung are set out below: Mr. Cheung Hung, aged 54, has experience in areas of corporate finance, business and administrative management and has held various management and senior management positions in a number of listed and private corporations. Mr. Cheung has over 20 years of experience in serving as a consultant or general manager in several investment and financing companies in Hong Kong. He had also served as chairman of the board of China Biotech Services Holdings Limited from 2010 to 2016, the shares of which are listed on GEM of The Stock Exchange of Hong Kong Limited (the ‘Stock Exchange’). From 2003 to 2004, he was a non-executive director of Capital VC Limited, the shares of which are listed on the Main Board of the Stock Exchange. Mr. Cheung obtained a degree of master of business administration from The Chinese University of Hong Kong in 2001. Board Change • Nov 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Wai Ho Fong is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 26
First half 2022 earnings released: HK$0.007 loss per share (vs HK$0.01 loss in 1H 2021) First half 2022 results: HK$0.007 loss per share. Revenue: HK$44.6m (down 35% from 1H 2021). Net loss: HK$11.6m (loss widened 11% from 1H 2021). Announcement • Aug 12
Great Wall Terroir Holdings Limited to Report First Half, 2022 Results on Aug 25, 2022 Great Wall Terroir Holdings Limited announced that they will report first half, 2022 results on Aug 25, 2022 Board Change • Apr 27
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Wai Ho Fong is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Executive Departure • Jun 08
Non-Executive Director Ka Heng Cheung has left the company On the 31st of May, Ka Heng Cheung's tenure as Non-Executive Director ended after 3.7 years in the role. We don't have any record of a personal shareholding under Ka Heng's name. A total of 9 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jun 08
Non-Executive Director Ruiyong Zhao has left the company On the 31st of May, Ruiyong Zhao's tenure as Non-Executive Director ended after 3.6 years in the role. We don't have any record of a personal shareholding under Ruiyong's name. A total of 9 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • May 08
Company Secretary has left the company On the 30th of April, Hoi Ching Law's tenure as Company Secretary ended after 3.0 years in the role. We don't have any record of a personal shareholding under Hoi Ching's name. A total of 7 executives have left over the last 12 months. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS HK$0.016 (vs HK$0.21 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: HK$72.4m (down 8.6% from FY 2019). Net income: HK$16.9m (up HK$235.9m from FY 2019). Profit margin: 23% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • Mar 21
Vantage Network Global Limited completed the acquisition of B&R Investment Holding Limited from Great Wall Belt & Road Holdings Limited (SEHK:524) for CNY 47.5 million. Vantage Network Global Limited entered into an agreement to acquire B&R Investment Holding Limited from Great Wall Belt & Road Holdings Limited (SEHK:524) for CNY 47.5 million on November 20, 2020. Vantage Network Global will pay CNY 23.8 million before November 27, 2020 and balance of consideration on the closing of the transaction. The transaction subject to due diligence review in respect of the assets, liabilities, operation and affairs of the target and approval of Great Wall Belt & Road's and Vantage Network shareholders. On March 17, 2021 Target shareholders approved the deal. Great Wall Belt & Road intends to apply the net proceeds as general working capital.
Vantage Network Global Limited completed the acquisition of B&R Investment Holding Limited from Great Wall Belt & Road Holdings Limited (SEHK:524) on March 19, 2021. Executive Departure • Mar 19
Independent Non-Executive Director has left the company On the 12th of March, Wai Kei Leung's tenure as Independent Non-Executive Director ended after 1.1 years in the role. We don't have any record of a personal shareholding under Wai Kei's name. A total of 6 executives have left over the last 12 months. Executive Departure • Mar 19
Executive Director has left the company On the 12th of March, Wai Yui Lau's tenure as Executive Director ended after less than a year in the role. We don't have any record of a personal shareholding under Wai Yui's name. A total of 6 executives have left over the last 12 months. Executive Departure • Mar 19
Independent Non Executive Director has left the company On the 12th of March, Chik Shun Lam's tenure as Independent Non Executive Director ended after 1.1 years in the role. We don't have any record of a personal shareholding under Chik Shun's name. A total of 6 executives have left over the last 12 months. Announcement • Mar 14
Great Wall Belt & Road Holdings Limited Announces Executive Changes The board of directors of Great Wall Belt & Road Holdings Limited announced that with effect from March 12, 2021, LEUNG Wai Kei has tendered resignation as an independent non-executive director in order to devote more time on his other endeavours. Following his resignation, Leung also ceased to be a member of the audit committee, the remuneration committee and the nomination committee; LAM Chik Shun, Marcus has tendered resignation as an independent non-executive director in order to devote more time on his other business engagements. Following his resignation, Lam also ceased to be the chairman of the remuneration committee and a member of the audit committee and the nomination committee. CHOW Hiu Tung has been appointed as an independent non-executive director and a member of the audit committee, the remuneration committee and the nomination committee of the company; and CHEUNG Sze Ming has been appointed as an independent non-executive director and a member of the audit committee, the remuneration committee and the nomination committee of the company. CHOW Hiu Tung has over 22 years of experience in accounting and internal control. He has been an independent non-executive director of State Energy Group International Assets Holdings Limited since October 2018 and the company secretary of Neo-Neon Holdings Limited since May 2020. Prior to joining State Energy Group International Assets Holdings Limited, Chow had been an independent non-executive director of Future Bright Mining Holdings Limited, from December 2014 to September 2018, and an independent non-executive director of National United Resources Holdings Limited (formerly known as China Outdoor Media Group Limited), from October 2013 to March 2015. CHEUNG Sze Ming has over 20 years of working experience from an international audit firm and public listed companies. Cheung is currently an executive director, the company secretary and the chief financial officer of Affluent Partners Holdings Limited since April 2018, and an independent non-executive director of Ocean Line Port Development Limited since November 2020. In connection with Lam's resignation set out above, Mr. FONG Wai Ho has been appointed as the chairman of the remuneration committee in replacement of Lam. Executive Departure • Mar 05
Independent Non-Executive Director has left the company On the 2nd of March, Tao Huang's tenure as Independent Non-Executive Director ended after 3.3 years in the role. We don't have any record of a personal shareholding under Tao's name. A total of 3 executives have left over the last 12 months. Announcement • Mar 05
Great Wall Belt & Road Holdings Limited to Report Fiscal Year 2020 Results on Mar 31, 2021 Great Wall Belt & Road Holdings Limited announced that they will report fiscal year 2020 results on Mar 31, 2021 Recent Insider Transactions • Mar 02
Executive Director recently bought HK$2.4m worth of stock On the 24th of February, Siu Fai Cheung bought around 14m shares on-market at roughly HK$0.17 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$3.9m more in shares than they have sold in the last 12 months. Announcement • Feb 27
Great Wall Belt & Road Holdings Limited Announces Board Changes The board of directors of Great Wall Belt & Road Holdings Limited announced that effective from February 26, 2021, Mr. FONG Wai Ho, an independent non-executive director of the company, has been appointed as a member of the remuneration committee and the nomination committee of the company; and Mr. LAM Chik Shun Marcus, an independent non-executive director of the company, has been appointed as a member of the remuneration committee and the nomination committee of the company. Recent Insider Transactions • Feb 20
Executive Director recently bought HK$120k worth of stock On the 16th of February, Siu Fai Cheung bought around 713k shares on-market at roughly HK$0.17 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$126k more in shares than they have sold in the last 12 months. Announcement • Feb 06
Stuart Hua Koon Tan entered into an agreement to acquire additional 14.8% stake in Zero1 Pte. Ltd. from Great Wall Belt & Road Holdings Limited (SEHK:524) for SGD 0.15 million. Stuart Hua Koon Tan entered into an agreement to acquire additional 14.8% stake in Zero1 Pte. Ltd. from Great Wall Belt & Road Holdings Limited (SEHK:524) for SGD 0.15 million on February 5, 2021. Under the terms of agreement, Stuart Hua Koon Tan will acquire 0.015 million ordinary shares of Zero1 Pte. Ltd. After completion, Great Wall Belt & Road Holdings Limited and ZONE Asia Holdings Limited will cease to have any equity interest in Zero1 Pte. Ltd. Stuart Hua Koon Tan is the sole director of Zero1 Pte. Ltd. and owns 79% stake in Zero1 Pte. Ltd. through a company he controls. As of March 31, 2020, Zero1 Pte. Ltd. reported loss after tax is SGD 1.71 million and net liabilities is SGD 3.47 million. The transaction is subject to all consents and waivers, in favour of Zone Asia Holdings Limited, under the shareholders agreement and the constitutional documents of Zero1 Pte. Ltd., including any waiver of right of first refusal over the sale shares, necessary for completion having been received by Zone Asia Holdings Limited. The transaction is expected to complete on second business day after the day on which such condition is fulfilled. The net proceeds will be used towards general working capital of Great Wall Belt & Road Holdings Limited and it subsidiaries. Is New 90 Day High Low • Dec 18
New 90-day high: HK$0.32 The company is up 209% from its price of HK$0.10 on 18 September 2020. The Hong Kong market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is down 15% over the same period. Is New 90 Day High Low • Nov 30
New 90-day high: HK$0.31 The company is up 170% from its price of HK$0.12 on 01 September 2020. The Hong Kong market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is down 11% over the same period. Announcement • Nov 21
Vantage Network Global Limited entered into an agreement to acquire B&R Investment Holding Limited from Great Wall Belt & Road Holdings Limited (SEHK:524) for CNY 47.5 million. Vantage Network Global Limited entered into an agreement to acquire B&R Investment Holding Limited from Great Wall Belt & Road Holdings Limited (SEHK:524) for CNY 47.5 million on November 20, 2020. Vantage Network Global will pay CNY 23.8 million before November 27, 2020 and balance of consideration on the closing of the transaction. The transaction subject to due diligence review in respect of the assets, liabilities, operation and affairs of the target and approval of Great Wall Belt & Road's shareholders. Great Wall Belt & Road intends to apply the net proceeds as general working capital. Announcement • Nov 10
Great Wall Belt & Road Holdings Limited Announces Executive Changes The board of directors of Great Wall Belt & Road Holdings Limited announced that, with effect from 9 November 2020, Ms. Li Bing has resigned as an executive Director and the chief executive officer of the Company in order to devote more time to her other business engagements. Subsequent to Ms. Li's resignation, her day to day management responsibilities as the chief executive officer of the Company will be temporarily taken up by other executive Directors. Is New 90 Day High Low • Oct 29
New 90-day high: HK$0.21 The company is up 102% from its price of HK$0.10 on 31 July 2020. The Hong Kong market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 1.0% over the same period. Reported Earnings • Oct 03
First half earnings released Over the last 12 months the company has reported total losses of HK$55.9m, with losses narrowing by 74% from the prior year. Total revenue was HK$84.3m over the last 12 months, up 15% from the prior year. Announcement • Aug 22
Great Wall Belt & Road Holdings Limited to Report First Half, 2020 Results on Aug 31, 2020 Great Wall Belt & Road Holdings Limited announced that they will report first half, 2020 results on Aug 31, 2020 