Announcement • Apr 29
China Environmental Technology Holdings Limited, Annual General Meeting, Jun 05, 2026 China Environmental Technology Holdings Limited, Annual General Meeting, Jun 05, 2026, at 14:30 China Standard Time. Location: room 3216, block a, pengrun building, 26 xiaoyun road, chaoyang district, beijing., China New Risk • Apr 21
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 Negative equity (-HK$634m). Market cap is less than US$10m (HK$34.6m market cap, or US$4.42m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (HK$31m revenue, or US$3.9m). Reported Earnings • Apr 02
Full year 2025 earnings released: HK$0.15 loss per share (vs HK$0.11 loss in FY 2024) Full year 2025 results: HK$0.15 loss per share (further deteriorated from HK$0.11 loss in FY 2024). Revenue: HK$30.7m (up 8.7% from FY 2024). Net loss: HK$52.4m (loss widened 70% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 37% per year, which means it is performing significantly worse than earnings. New Risk • Mar 30
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 Negative equity (-HK$606m). Market cap is less than US$10m (HK$52.4m market cap, or US$6.69m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Revenue is less than US$5m (HK$28m revenue, or US$3.6m). Announcement • Mar 13
China Environmental Technology Holdings Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 China Environmental Technology Holdings Limited announced that they will report fiscal year 2025 results on Mar 31, 2026 Board Change • Feb 26
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 6 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Jun Li was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Oct 30
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 6 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Jun Li was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Sep 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 16% 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$7.6m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Negative equity (-HK$606m). Market cap is less than US$10m (HK$57.6m market cap, or US$7.40m). Minor Risk Revenue is less than US$5m (HK$28m revenue, or US$3.6m). Reported Earnings • Sep 04
First half 2025 earnings released: HK$0.076 loss per share (vs HK$0.028 loss in 1H 2024) First half 2025 results: HK$0.076 loss per share (further deteriorated from HK$0.028 loss in 1H 2024). Revenue: HK$19.0m (flat on 1H 2024). Net loss: HK$25.9m (loss widened 300% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Announcement • Aug 12
China Environmental Technology Holdings Limited to Report First Half, 2025 Results on Aug 29, 2025 China Environmental Technology Holdings Limited announced that they will report first half, 2025 results on Aug 29, 2025 New Risk • Jul 04
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 17% 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$8.5m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Negative equity (-HK$573m). Shareholders have been substantially diluted in the past year (36% increase in shares outstanding). Minor Risks Revenue is less than US$5m (HK$28m revenue, or US$3.6m). Market cap is less than US$100m (HK$81.9m market cap, or US$10.4m). Board Change • Jun 17
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 6 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Jun Li was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • May 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Jun Li was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 24
China Environmental Technology Holdings Limited, Annual General Meeting, May 30, 2025 China Environmental Technology Holdings Limited, Annual General Meeting, May 30, 2025, at 14:30 China Standard Time. Location: room 3216, block a, pengrun building, 26 xiaoyun road, chaoyang district, beijing China Board Change • Apr 03
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Jun Li was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 30
Full year 2024 earnings released: HK$0.11 loss per share (vs HK$0.20 loss in FY 2023) Full year 2024 results: HK$0.11 loss per share (improved from HK$0.20 loss in FY 2023). Revenue: HK$28.2m (up 80% from FY 2023). Net loss: HK$30.7m (loss narrowed 29% from FY 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Announcement • Mar 11
China Environmental Technology Holdings Limited to Report Fiscal Year 2024 Final Results on Mar 28, 2025 China Environmental Technology Holdings Limited announced that they will report fiscal year 2024 final results on Mar 28, 2025 New Risk • Jan 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$74.0m (US$9.53m) 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 Negative equity (-HK$614m). Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Market cap is less than US$10m (HK$74.0m market cap, or US$9.53m). Minor Risk Revenue is less than US$5m (HK$27m revenue, or US$3.5m). Reported Earnings • Sep 29
First half 2024 earnings released: HK$0.028 loss per share (vs HK$0.068 loss in 1H 2023) First half 2024 results: HK$0.028 loss per share (improved from HK$0.068 loss in 1H 2023). Revenue: HK$19.1m (up 144% from 1H 2023). Net loss: HK$6.47m (loss narrowed 56% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Aug 12
China Environmental Technology Holdings Limited to Report First Half, 2024 Results on Aug 30, 2024 China Environmental Technology Holdings Limited announced that they will report first half, 2024 results on Aug 30, 2024 New Risk • Aug 06
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). Negative equity (-HK$612m). Market cap is less than US$10m (HK$60.3m market cap, or US$7.74m). Minor Risks Shareholders have been diluted in the past year (13% increase in shares outstanding). Revenue is less than US$5m (HK$16m revenue, or US$2.0m). Announcement • May 01
China Environmental Technology Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 14.5 million. China Environmental Technology Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 14.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 29,000,000
Price\Range: HKD 0.5
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 30
Full year 2023 earnings released: HK$0.20 loss per share (vs HK$0.11 loss in FY 2022) Full year 2023 results: HK$0.20 loss per share (further deteriorated from HK$0.11 loss in FY 2022). Revenue: HK$15.7m (down 59% from FY 2022). Net loss: HK$43.2m (loss widened 73% from FY 2022). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Mar 14
China Environmental Technology Holdings Limited to Report Fiscal Year 2023 Final Results on Mar 28, 2024 China Environmental Technology Holdings Limited announced that they will report fiscal year 2023 final results on Mar 28, 2024 New Risk • Nov 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$77.0m (US$9.86m) 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 Less than 1 year of cash runway based on free cash flow trend (-HK$16m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Negative equity (-HK$580m). Market cap is less than US$10m (HK$77.0m market cap, or US$9.86m). Minor Risk Revenue is less than US$5m (HK$19m revenue, or US$2.4m). Announcement • Sep 21
China Environmental Technology Holdings Limited Appoints Mr. Wang Youming as Non-Executive Director China Environmental Technology Holdings Limited announced that Mr. Wang Youming has been appointed as a non-executive Director with effect from 19 September 2023. Mr. Wang, aged 53, has a senior high school education and has 23 years of rich experience in corporate management and experience in the field of environmentally friendly new materials. Mr. Wang served in the headquarters of the Chinese People's Armed Police Force for more than 10 years in his early years. After demobilization in 2000, he founded Beijing Mingang Ruixiang Technology Co. Ltd., Beijing Jiayueming Technology Development Co. Ltd., Shandong Mingang Ruixiang Building Materials Technology Co. Ltd., Shandong Borui New Material Technology Co. Ltd., and hold the position of chairman in all these companies. Since 12 September 2023, Wang Youming served as a director of Shanghai Fujincun Medical Management Co. Ltd. (a subsidiary with 51% equity interests held by the Company). He has achieved numerous scientific and technological achievements and awards in new environmentally friendly building materials and resource utilization of phosphogypsum solid waste, which has been widely used. Relevant technical products have been included in the Catalogue of Major Environmental Protection Technology and Equipment Encouraged by the State and have an important influence in the industry. Mr. Wang has not held any directorship in other listed public companies in the last three years. Reported Earnings • Sep 05
First half 2023 earnings released: HK$0.068 loss per share (vs HK$0.047 loss in 1H 2022) First half 2023 results: HK$0.068 loss per share (further deteriorated from HK$0.047 loss in 1H 2022). Revenue: HK$7.82m (down 72% from 1H 2022). Net loss: HK$14.9m (loss widened 45% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 76% 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 18
China Environmental Technology Holdings Limited to Report First Half, 2023 Results on Aug 31, 2023 China Environmental Technology Holdings Limited announced that they will report first half, 2023 results on Aug 31, 2023 New Risk • Jul 23
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 13% 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$14m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Negative equity (-HK$576m). Minor Risks Revenue is less than US$5m (HK$38m revenue, or US$4.9m). Market cap is less than US$100m (HK$110.5m market cap, or US$14.1m). Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Jun Li was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 02
First half 2022 earnings released: HK$0.047 loss per share (vs HK$0.10 loss in 1H 2021) First half 2022 results: HK$0.047 loss per share (up from HK$0.10 loss in 1H 2021). Revenue: HK$27.4m (down 19% from 1H 2021). Net loss: HK$10.3m (loss narrowed 44% from 1H 2021). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Aug 19
China Environmental Technology Holdings Limited to Report First Half, 2022 Results on Aug 31, 2022 China Environmental Technology Holdings Limited announced that they will report first half, 2022 results on Aug 31, 2022 Announcement • Jun 02
China Environmental Technology Holdings Limited Announces Chief Executive Officer Changes The Board of China Environmental Technology Holdings Limited announced Mr. Shengbiao Zhang has ceased to serve as the Chief Executive Officer of the Company and the Group with effect from 1 June 2022, and as a transitional work arrangement, Mr. Xu Zhongping, the executive Director of theCompany, has been appointed as the Chief Executive Officer of the Company. Mr. Shengbiao Zhang will continue to serve as a director of the Target Group. Mr. Xu Zhongping, aged 59, brother of Mr. Xu Jingping (Chairman and executive Director of the Company), graduated from Nanjing University of Finance and Economics with a bachelor's degree. Mr. Xu Zhongping has over 30 years of experience in corporate management, business investment and international economic strategic cooperation. He independently created the famous domestic fashion brand Yinmeng Fashion in the 1990s, and cooperated with China New Technology Venture Capital Corporation to establish the most famous department store Beijing Scitech Plaza after the reform and opening-up, serving as its first managing director. He led the introduction of the larger supermarket chain, Carrefour, in France into China, serving as vice chairman and vice president on behalf of the Chinese side, and set up nearly 100 Carrefour supermarkets in Beijing, Shanghai and other major capital cities. He served as an executive director of the China International Economic and Cultural Promotion Association in Hong Kong, promoting hundreds of economic and cultural exchanges between Hong Kong and the Mainland. Announcement • Jun 01
China Environmental Technology Holdings Limited Announces Retirement of Executive Director China Environmental Technology Holdings Limited announced that As less than 50% of the votes of the Shareholders who attended and voted at the AGM were cast in favour of ordinary resolution numbered 2, the resolution was not passed as an ordinary resolution of the Company and Mr. Shengbiao Zhang was not re-elected as executive Director. Upon conclusion of the AGM, Mr. Shengbiao Zhang ceased to be executive Director of the Company. The Board is not aware of anydisagreement with Mr. Shengbiao Zhang or any matter relating to his retirement that needs to be brought to the attention to the Shareholders. The Board would like to express its sincere gratitude to Mr. Shengbiao Zhang for his valuable contribution to the Company during his tenure. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Jun Li was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 03
Full year 2021 earnings released: HK$0.28 loss per share (vs HK$0.37 loss in FY 2020) Full year 2021 results: HK$0.28 loss per share (up from HK$0.37 loss in FY 2020). Revenue: HK$44.6m (down 17% from FY 2020). Net loss: HK$53.8m (loss narrowed 21% from FY 2020). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Announcement • Mar 06
China Environmental Technology Holdings Limited Announces Further Information on Winding Up Petition Reference is made to the announcement of China Environmental Technology Holdings Limited dated 3 January 2022 (the Announcement) in relation to the filing of petition by Mr. Wang Diansuo (the Petitioner) against the Company in the High Court of the Hong Kong Special Administrative Region (the "Court") for orders that the company be wound up by the Court and provisional liquidator and/or interim manager be appointed to the Company. Unless the context required otherwise, terms shall have the same meaning as ascribed to them in the Announcement. The board announced that on 4 March 2022, Mr. Zhang Zihong, the company's substantial shareholder, remitted the full amount of the Claim to the Petitioner and the Petitioner signed a letter of commitment to withdraw the Petition against the company in the Court immediately. Announcement • Jan 06
Wang Diansuo Files Petition Against China Environmental Technology Holdings Limited On 3 January 2022, China Environmental Technology Holdings Limited received a petition (the Petition) filed by Mr. Wang Diansuo (the Petitioner) against the company in the High Court of the Hong Kong Special Administrative Region (the "Court") for orders that the company be wound up by the Court and provisional liquidator and/or interim manager be appointed to the company. The Petition was filed against the company on the ground that the company has not repaid a loan due to the Petition amounting to HKD 4 million in principal and unpaid interest in the sum of HKD 560,000 (hereinafter collectively known as the "Claim"). The Petition will be heard before the Court at on 9 March 2022. Potential Impact Of The Petition: According to Section 182 of the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Chapter 32, Laws of Hong Kong), the effect of the Petition, unless and until it is dismissed or a validation order is sought, is that any disposition of the property of the Company, including things in action, and any transfer of shares, or alteration in the status of the members of the Company, made after the commencement of the winding up, shall, unless the court otherwise orders, be void. In view of the impact of the possible winding up order on the transfer of shares of the Company (the "Shares"), the Company intends to apply for a validation order. However, there is no guarantee that the validation order would be granted by the court. The Company wishes to remind shareholders of the Company and potential investors that Pursuant to the circular dated 28 December 2016 issued by the Hong Kong Securities Clearing Company Limited, when the Petition is carried out and in view of these restrictions and the uncertainties that may arise from the transfer of Shares, for any participants who conduct shares transfer through HKSCC (the "Participants"), HKSCC may at any time, and without notice, exercise its powers under the General Rules of CCASS to temporarily suspend any of its services in respect of Shares. This may include the suspension of acceptance of deposits of share certificates of the Company into the Central Clearing and Settlement System (the "CCASS"). The share certificates of the Company received by HKSCC but not yet reregistered in HKSCC Nominee Limited's name will also be returned to the relevant Participant and HKSCC shall reserve the right to reverse any credit granted to such Participant by debiting the relevant securities from its CCASS account accordingly. These measures would generally cease to apply from the date when the Petition has been struck-out, dismissed or permanently stayed, or the Company has obtained the necessary validation order from the relevant court. The Company will keep its shareholders and public informed of any material development in connection with the Petition and will make further announcement(s) as and when appropriate in accordance with the Listing Rules. Reported Earnings • Aug 24
First half 2021 earnings released: HK$0.005 loss per share (vs HK$0.006 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: HK$33.7m (up 13% from 1H 2020). Net loss: HK$18.4m (loss narrowed 15% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 02
Full year 2020 earnings released: HK$0.019 loss per share (vs HK$0.071 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: HK$53.5m (up 58% from FY 2019). Net loss: HK$68.1m (loss narrowed 74% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 50% per year, which means it is performing significantly worse than earnings. Announcement • Mar 16
China Environmental Technology Holdings Limited to Report Fiscal Year 2020 Results on Mar 31, 2021 China Environmental Technology Holdings Limited announced that they will report fiscal year 2020 results on Mar 31, 2021 Announcement • Dec 25
China Environmental Technology Holdings Limited Announces Appointment of Xu Jingping as Executive Director, Chairman of the Board, and Chairman of Nomination Committee China Environmental Technology Holdings Limited announced appointment of Xu Jingping as Executive Director, Chairman of the Board, and Chairman of Nomination Committee, effective December 23, 2020. Xu Zhongping was re-designated from executive Director and chairman of the Board and chairman of nomination committee to non-executive Director. Reported Earnings • Sep 25
First half earnings released Over the last 12 months the company has reported total losses of HK$252.1m, with losses narrowing by 20% from the prior year. Total revenue was HK$41.9m over the last 12 months, down 8.4% from the prior year. Announcement • Aug 23
China Environmental Technology Holdings Limited to Report First Half, 2020 Results on Aug 28, 2020 China Environmental Technology Holdings Limited announced that they will report first half, 2020 results on Aug 28, 2020 
