Reported Earnings • Mar 29
Full year 2025 earnings released: CN¥0.014 loss per share (vs CN¥0.021 loss in FY 2024) Full year 2025 results: CN¥0.014 loss per share (improved from CN¥0.021 loss in FY 2024). Revenue: CN¥321.4m (down 18% from FY 2024). Net loss: CN¥215.4m (loss narrowed 30% from FY 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Announcement • Mar 28
Kong Sun Holdings Limited, Annual General Meeting, Jun 05, 2026 Kong Sun Holdings Limited, Annual General Meeting, Jun 05, 2026. Announcement • Mar 17
Kong Sun Holdings Limited to Report Fiscal Year 2025 Results on Mar 27, 2026 Kong Sun Holdings Limited announced that they will report fiscal year 2025 results on Mar 27, 2026 New Risk • Mar 02
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 9.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Market cap is less than US$100m (HK$284.3m market cap, or US$36.3m). New Risk • Nov 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risk Market cap is less than US$100m (HK$299.3m market cap, or US$38.5m). New Risk • Aug 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (HK$299.3m market cap, or US$38.4m). Reported Earnings • Aug 27
First half 2025 earnings released: CN¥0.001 loss per share (vs CN¥0.011 loss in 1H 2024) First half 2025 results: CN¥0.001 loss per share (improved from CN¥0.011 loss in 1H 2024). Revenue: CN¥161.0m (down 30% from 1H 2024). Net loss: CN¥11.9m (loss narrowed 93% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Announcement • Aug 15
Kong Sun Holdings Limited to Report First Half, 2025 Results on Aug 25, 2025 Kong Sun Holdings Limited announced that they will report first half, 2025 results on Aug 25, 2025 Reported Earnings • Apr 02
Full year 2024 earnings released: CN¥0.021 loss per share (vs CN¥0.022 loss in FY 2023) Full year 2024 results: CN¥0.021 loss per share (improved from CN¥0.022 loss in FY 2023). Revenue: CN¥393.0m (down 17% from FY 2023). Net loss: CN¥309.3m (loss narrowed 7.9% from FY 2023). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Announcement • Apr 01
Kong Sun Holdings Limited, Annual General Meeting, Jun 06, 2025 Kong Sun Holdings Limited, Annual General Meeting, Jun 06, 2025. Announcement • Mar 20
Kong Sun Holdings Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 Kong Sun Holdings Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 Announcement • Jan 15
Kong Sun Holdings Limited Announces Board Appointments The Board of Kong Sun Holdings Limited announced that, with effect from 15 January 2025: Ms. Liu Ying has been appointed as an executive Director; Mr. Wu Zhenzhou has been appointed as a non-executive Director; and Ms. Liu Ying aged 48, was engaged in philanthropic work in the management of a public welfare project from January 2023 to December 2024. She joined (Kong Sun Baoyuan International Financial Leasing Limited), a joint venture of the Company then, in October 2015 as the Board Secretary and Financial Controller and held various positions in the Group until December 2022, including General Manager of the Group's Finance Department. She was a vice general manager of the finance department and capital operation department of Concord New Energy Group Limited, a company whose shares are listed on the Main Board of the Stock Exchange (stock code: 182), from November 2007 to October 2015. She has over 20 years of experience in financial and corporate management. She obtained a bachelor's degree in Business Studies in Accountancy in Massey University of New Zealand in 2005. She has been a member of Association of Chartered Certified Accountant of United Kingdom since 2009. She obtained the qualification of Certified General Accountant in Canada in 2015. Mr. Wu Zhenzhou, aged 39, has over 10 years of experience in research and development of software development, machine learning, annotators, project management, after-sales service, and a complete set of R&D systems. He obtained a bachelor's degree in Mathematics and Physics in National University of Singapore in 2012 and a master's degree in Computer Science in McGill University in Canada in 2014. Mr. Wu was the formal vice chairman of Artificial Intelligence Branch of China Research Hospital Association and the formal vice chairman of Artificial Intelligence Branch of China Association of Medical Equipment. Mr. Wu was a machine learning expert in SAP from May 2016 to June 2017, where he worked on hierarchical ticket categorization for routing text to a hierarchy of labels, built character-based convolutional neural network for extracting paragraph embedding, etc. Prior to that, Mr. Wu was a deep learning researcher in A-STAR IHPC from January 2015 to May 2016, where he worked on different patent and software developments including human detection in video, automatic model building and object detection kiosk. Mr. Wu was a director and the chief technology officer, mainly involved in the research and the development of AI related medical products, of Beijing Andeyizhi Technology Co.,Ltd. from June 2018 to May 2019 and from June 2020 to April 2024. Based on publicly available information, Beijing Andeyizhi is a limited liability company established in the People's Republic of China on 14 June 2018. It is a technology company principally engaged in the research and development of artificial intelligence applications in the medical field. In early July 2023, certain creditors of Beijing Andeyizhi filed a bankruptcy restructuring petition (the "Petition") against Beijing Andeyizhi on the ground that it was unable to repay outstanding debts of approximately RMB 23,626,000. On 28 July 2023, the First Intermediate People's Court of Beijing accepted the Petition and it approved the bankruptcy restructuring plan of Beijing Andeyizhi on 29 November 2023. The restructuring of Beijing Andeyizhi was completed in April 2024. Board Change • Dec 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Jian Tang was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Dec 26
Kong Sun Holdings Limited Announces Board Changes The board of directors of Kong Sun Holdings Limited (the "Company") announced that, Mr. Li Guo ("Mr. Li") and Mr. Hua Min ("Mr. Hua") have been appointed as executive Directors, with effect from 23 December 2024. Mr. Li Guo, aged 37, joined the Group as a vice president in March 2024. He graduated from Renmin University of China with a degree of Master of Economics and is a chartered international investment analyst. Prior to joining the Group, he worked at China CITIC Financial AMC International Holdings Limited as department head of the company and its subsidiaries, and previously worked in a number of listed companies in Hong Kong, with over 13 years of experience in corporate management, asset management, mergers and acquisitions. Mr. Li is a director of, an associate of the Company. Mr. Hua Min, aged 51, has over 30 years of commercial experience in medical and related devices industry. Mr. Hua obtained a master's degree in software engineering from Beijing Institute of Technology. Mr. Hua currently holds 75% shareholdings of ("Huatong"), and he is also a director and a manager of Huatong since November 2021. Mr. Hua was a general manager of (currently a wholly owned subsidiary of Huatong) from 2019 to 2024 and chief executive officer of Nature's Farm Pte Ltd, a subsidiary of a company, the shares of which are listed on the Singapore Exchange Securities Trading Limited from 2017 to 2019. Mr. Hua was a general manager for international business section of China National Instruments Import & Export Group Corporation from 2014 and 2017 and also worked as various positions of China National Pharmaceutical Group Co Ltd. from 1994 to 2014. New Risk • Sep 24
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 24% 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 (-CN¥170m free cash flow). Share price has been highly volatile over the past 3 months (24% average weekly change). Minor Risk Market cap is less than US$100m (HK$434.0m market cap, or US$55.7m). Reported Earnings • Sep 04
First half 2024 earnings released: CN¥0.011 loss per share (vs CN¥0 in 1H 2023) First half 2024 results: CN¥0.011 loss per share (further deteriorated from CN¥0 in 1H 2023). Revenue: CN¥229.1m (down 1.5% from 1H 2023). Net loss: CN¥163.7m (loss widened CN¥158.5m from 1H 2023). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings. Announcement • Aug 20
Kong Sun Holdings Limited to Report First Half, 2024 Results on Aug 29, 2024 Kong Sun Holdings Limited announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • Jun 13
Kong Sun Holdings Limited Announces Board and Committee Changes The board (the "Board") of directors (the "Directors") of Kong Sun Holdings Limited (the "Company") announced that Mr. Xu Xiang ("Mr. Xu") has tendered his resignation as an independent non-executive Director, with effect from 11 June 2024, in pursuit of his personal career development. The Board also announced that Mr. Tang Jian ("Mr. Tang") has been appointed as an independent non-executive Director with effect from 11 June 2024. Mr. Tang, aged 64, has over 35 years of commercial experience. Mr. Tang obtained a master's degree in economics from Dongbei University of Finance and Economics and holds the title of senior economist. Mr. Tang served as a non-executive director of the Postal Savings Bank of China from January 2013 to January 2020. He previously served as Deputy Director of the General Business Division and Deputy Director of the Management Division II of the Foreign Financial Institution Department under the People's Bank of China (the "PBOC"), Assistant Consultant and Deputy Director of the Policy Bank Regulatory Division, Deputy Director of the Policy Bank Regulatory Division I, Deputy Director and Consultant of the Postal Savings Institution Supervision Division of the Bank Regulatory Department I of the PBOC, Director of the Postal Savings Institution Supervision Division of the Banking Regulatory Department III, Director of the Postal Savings Institution On-site Supervision Division of the Banking Regulatory Department IV, Director of the On-site Supervision Division of the Banking Regulatory Department IV, and Associate Counsel of the Banking Regulatory Department IV of the China Banking Regulatory Commission (now China Banking and Insurance Regulatory Commission), non-executive director of the Postal Savings Bank of China, etc. Following Mr. Xu's resignation as an independent non-executive Director with effect from 11 June 2024, he ceased to be the chairman of the remuneration committee of the Board (the "Remuneration Committee") and a member of each of the nomination committee of the Board (the "Nomination Committee") and the audit committee of the Board (the "Audit Committee"). Mr. Tang, an independent non-executive Director, has been appointed as the chairman of the Remuneration Committee and a member of each of the Nomination Committee and the Audit Committee with effect from 11 June 2024. Reported Earnings • Mar 30
Full year 2023 earnings released: CN¥0.022 loss per share (vs CN¥0.02 loss in FY 2022) Full year 2023 results: CN¥0.022 loss per share (further deteriorated from CN¥0.02 loss in FY 2022). Revenue: CN¥474.8m (down 15% from FY 2022). Net loss: CN¥335.8m (loss widened 14% from FY 2022). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. Announcement • Mar 29
Kong Sun Holdings Limited, Annual General Meeting, Jun 07, 2024 Kong Sun Holdings Limited, Annual General Meeting, Jun 07, 2024. Agenda: To approve and adopt the audited consolidated financial statements of the Company for the year ended 31 December 2023. Announcement • Mar 16
Kong Sun Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Kong Sun Holdings Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 Reported Earnings • Sep 02
First half 2023 earnings released: EPS: CN¥0 (vs CN¥0.006 loss in 1H 2022) First half 2023 results: EPS: CN¥0 (improved from CN¥0.006 loss in 1H 2022). Revenue: CN¥232.7m (down 18% from 1H 2022). Net loss: CN¥5.21m (loss narrowed 94% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Aug 22
Kong Sun Holdings Limited to Report First Half, 2023 Results on Aug 31, 2023 Kong Sun Holdings Limited announced that they will report first half, 2023 results on Aug 31, 2023 Reported Earnings • Mar 31
Full year 2022 earnings released: CN¥0.02 loss per share (vs CN¥0.063 loss in FY 2021) Full year 2022 results: CN¥0.02 loss per share (improved from CN¥0.063 loss in FY 2021). Revenue: CN¥555.7m (down 44% from FY 2021). Net loss: CN¥294.9m (loss narrowed 69% from FY 2021). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has remained flat. Reported Earnings • Aug 27
First half 2022 earnings released: CN¥0.006 loss per share (vs CN¥0.01 loss in 1H 2021) First half 2022 results: CN¥0.006 loss per share (up from CN¥0.01 loss in 1H 2021). Revenue: CN¥285.0m (down 49% from 1H 2021). Net loss: CN¥91.1m (loss narrowed 41% from 1H 2021). Over the last 3 years on average, earnings per share has fallen by 30% per year whereas the company’s share price has fallen by 27% per year. Announcement • Aug 19
Kong Sun Holdings Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2022 Kong Sun Holdings Limited provided consolidated earnings guidance for the six months ended 30 June 2022. For the six months, the group is expected to record a net loss of approximately RMB 70,000,000 to RMB 100,000,000 for the Period as compared to a net loss of approximately RMB 153,298,000 for the six months ended 30 June 2021. Announcement • Aug 17
Kong Sun Holdings Limited to Report First Half, 2022 Results on Aug 26, 2022 Kong Sun Holdings Limited announced that they will report first half, 2022 results on Aug 26, 2022 Reported Earnings • May 02
Full year 2021 earnings released: CN¥0.063 loss per share (vs CN¥0.042 loss in FY 2020) Full year 2021 results: CN¥0.063 loss per share (down from CN¥0.042 loss in FY 2020). Revenue: CN¥992.8m (down 33% from FY 2020). Net loss: CN¥937.0m (loss widened 50% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. 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. 1 experienced director. No highly experienced directors. CEO & Chairman Yanbing Jin is the most experienced director on the board, commencing their role in 2017. 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 • Apr 03
Full year 2021 earnings released: CN¥0.063 loss per share (vs CN¥0.042 loss in FY 2020) Full year 2021 results: CN¥0.063 loss per share (down from CN¥0.042 loss in FY 2020). Revenue: CN¥992.8m (down 33% from FY 2020). Net loss: CN¥937.0m (loss widened 50% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Announcement • Apr 02
Kong Sun Holdings Limited, Annual General Meeting, May 27, 2022 Kong Sun Holdings Limited, Annual General Meeting, May 27, 2022. Agenda: To approve and adopt the audited consolidated financial statements of the Company for the year ended 31 December 2021. Reported Earnings • Sep 03
First half 2021 earnings released: CN¥0.01 loss per share (vs CN¥0.002 loss in 1H 2020) The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2021 results: Revenue: CN¥563.7m (down 27% from 1H 2020). Net loss: CN¥153.4m (loss widened 355% from 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • May 14
CEO & Chairman recently bought HK$490k worth of stock On the 11th of May, Yanbing Jin bought around 6m shares on-market at roughly HK$0.082 per share. This was the largest purchase by an insider in the last 3 months. Yanbing has been a buyer over the last 12 months, purchasing a net total of HK$1.0m worth in shares. Reported Earnings • Apr 24
Full year 2020 earnings released: CN¥0.042 loss per share (vs CN¥0.047 loss in FY 2019) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: CN¥1.48b (down 29% from FY 2019). Net loss: CN¥626.8m (loss narrowed 10% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 31
Full year 2020 earnings released: CN¥0.042 loss per share (vs CN¥0.047 loss in FY 2019) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: CN¥1.48b (down 29% from FY 2019). Net loss: CN¥626.8m (loss narrowed 10% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Announcement • Mar 23
Kong Sun Holdings Limited Provides Earnings Guidance for the Year Ended December 31, 2020 Kong Sun Holdings Limited provided earnings guidance for the year ended December 31, 2020. For the year, the company expects to record a net loss of approximately RMB 600,000,000 to RMB700,000,000 for the year ended 31 December 2020 as compared to a net loss of approximately RMB 698,629,000 for the year ended 31 December 2019. Announcement • Mar 19
Kong Sun Holdings Limited to Report Fiscal Year 2020 Results on Mar 30, 2021 Kong Sun Holdings Limited announced that they will report fiscal year 2020 results on Mar 30, 2021 Announcement • Mar 03
Kong Sun Holdings Limited Announces Board Changes The board of directors of Kong Sun Holdings Limited announced that Ms. Wang Fang has tendered her resignation as an independent non-executive director, the chairman of the remuneration committee, a member of the nomination committee and a member of the audit committee of the company due to her desire to devote more time on her personal affairs with effect from 1 March 2021. The board announced that Mr. Xu Xiang has been appointed as an independent non-executive director, the chairman of the remuneration committee, a member of the nomination committee and a member of the audit committee of the company with effect from 1 March 2021. Executive Departure • Mar 02
Independent Non-Executive Director has left the company On the 1st of March, Fang Wang's tenure as Independent Non-Executive Director ended after 4.1 years in the role. We don't have any record of a personal shareholding under Fang's name. A total of 7 executives have left over the last 12 months. Announcement • Aug 14
Kong Sun Holdings Limited to Report First Half, 2020 Results on Aug 25, 2020 Kong Sun Holdings Limited announced that they will report first half, 2020 results on Aug 25, 2020 
