Reported Earnings • Mar 25
Full year 2025 earnings released: US$0.86 loss per share (vs US$0.48 loss in FY 2024) Full year 2025 results: US$0.86 loss per share (further deteriorated from US$0.48 loss in FY 2024). Revenue: US$8.98m (down 18% from FY 2024). Net loss: US$7.95m (loss widened 82% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 16% per year. New Risk • Mar 17
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: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (US$21.8m market cap). Announcement • Jan 08
UTStarcom Launches SkyFlux SPN310 to Empower Enterprise and Metro Edge Networks UTStarcom Holdings Corp. announced the launch of the SkyFlux SPN310, the newest addition to its cutting-edge SkyFlux Converged Packet Transport platform. The SkyFlux converged Packet Transport Platform is a next-generation communications platform designed to transform network and service delivery through enhanced performance, flexibility, and automation. It achieves this by combining key modern networking technologies such as Segment Routing and FlexE with a software-defined networking approach. The SkyFlux platform is optimized for a variety of applications, including 5G/5G-Advanced mobile traffic midhaul/backhaul, metro aggregation, transport networks, and enterprise networks. The new SkyFlux SPN310 router is a compact, cost-effective product specifically aimed at metro access and enterprise edge applications. It is an ideal solution for SME connectivity, broadband aggregation, and various other transport network scenarios. Key features include: 16Gbps switching capacity; 10GE, GE, FE (optical and electrical) interfaces; Fanless design; Optimized for indoor applications; Built-in AC power supply, low power consumption; Compact form-factor; Available as SkyFlux Converged PackET Transport product, or as NetRing NG-PTN product (different firmware images). Reported Earnings • Sep 02
First half 2025 earnings released: US$0.41 loss per share (vs US$0.22 loss in 1H 2024) First half 2025 results: US$0.41 loss per share (further deteriorated from US$0.22 loss in 1H 2024). Revenue: US$4.63m (down 19% from 1H 2024). Net loss: US$3.72m (loss widened 85% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • May 01
Full year 2024 earnings released: US$0.48 loss per share (vs US$0.42 loss in FY 2023) Full year 2024 results: US$0.48 loss per share (further deteriorated from US$0.42 loss in FY 2023). Revenue: US$10.9m (down 31% from FY 2023). Net loss: US$4.37m (loss widened 13% from FY 2023). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 24
Full year 2024 earnings released: US$0.48 loss per share (vs US$0.42 loss in FY 2023) Full year 2024 results: US$0.48 loss per share (further deteriorated from US$0.42 loss in FY 2023). Revenue: US$10.9m (down 31% from FY 2023). Net loss: US$4.37m (loss widened 13% from FY 2023). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. New Risk • Mar 24
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: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (US$22.6m market cap). New Risk • May 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.7% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (4.0% increase in shares outstanding). Market cap is less than US$100m (US$27.4m market cap). Board Change • Apr 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Independent Non-Executive Director Sean S. Shao is the most experienced director on the board, commencing their role in 2012. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 26
UTStarcom Holdings Corp. Announces Changes to Its Board of Directors UTStarcom Holdings Corp. announced changes to the Board of Directors and appointed Dr. Yong Wang as the company’s new independent director, effective Mar. 21, 2024. Dr. Jintong Lin resigned from the Company’s board of Directors, as well as the chairman of the Company’s Nominating and Corporate Governance Committee, member of Audit Committee and Compensation Committee on Mar. 21, 2024, which he had held since September 2019. Dr. Yong Wang was appointed as an independent director of the Company and the positions in various committees vacated by Dr. Lin, effective Mar. 21, 2024. Dr. Wang is currently a professor at the School of Civil, Commercial and Economic Law of China University of Political Science and Law. He is the vice president of the China Commercial Law Research Association and one of the founders of Beijing Hongfan Jiuzhou Consulting Co. Ltd. He also serves as an independent director of Tongding Interconnection Information Co. Ltd. since November 2023, and an independent director of Beijing Capital Eco-Environment Protection Group Co. Ltd. since January 2024. In addition, Dr. Wang serves as the chairman of the board of supervisors of SPD Silicon Valley Bank Co. Ltd. since March 2023, and an independent director of Huaneng Guicheng Trust Co. Ltd.Dr. Wang has been teaching at China University of Political Science and Law since 1999. Mr. Wang earned a bachelor degree in Education from China Youth University of Political Studies in 1990, a master degree in Economic Law from Nanjing University in 1996, and a doctorate degree in Civil and Commercial Law from China University of Political Science and Law in 1999. Reported Earnings • Mar 24
Full year 2023 earnings released: US$0.44 loss per share (vs US$0.55 loss in FY 2022) Full year 2023 results: US$0.44 loss per share (improved from US$0.55 loss in FY 2022). Revenue: US$15.8m (up 12% from FY 2022). Net loss: US$4.02m (loss narrowed 20% from FY 2022). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. New Risk • Mar 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 23% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (US$23.8m market cap). Reported Earnings • Sep 03
First half 2023 earnings released: US$0.22 loss per share (vs US$0.19 loss in 1H 2022) First half 2023 results: US$0.22 loss per share (further deteriorated from US$0.19 loss in 1H 2022). Revenue: US$6.51m (down 13% from 1H 2022). Net loss: US$2.01m (loss widened 20% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 27
Full year 2022 earnings released: US$0.56 loss per share (vs US$0.65 loss in FY 2021) Full year 2022 results: US$0.56 loss per share (improved from US$0.65 loss in FY 2021). Revenue: US$14.0m (down 12% from FY 2021). Net loss: US$5.11m (loss narrowed 12% from FY 2021). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Announcement • Jan 05
UTStarcom Holdings Corp. Announces New SyncRing PTP Grandmaster UTStarcom Holdings Corp. introduced the SyncRing XGM30E PTP grandmaster, a new addition to its SyncRing family of network synchronization equipment. UTStarcom’s SyncRing time synchronization solution is designed for use in mobile networks and other applications where accurate time and frequency synchronization is a critical requirement. Using a distributed clustered timing architecture, the SyncRing solution enables instant implementation of accurate time and frequency delivery regardless of existing network capabilities. This solution’s architecture uses multiple timing sources (“Grand Masters”) deployed closer to the edge of the network, within minimum number of hops from end applications, for example in lower layers of aggregation networks, at Central Office (CO) locations, Base Band Unit (BBU)/Distributed Unit (DU) locations, or in the vicinity of clusters of small cells such as in shopping malls or office buildings. The SyncRing XGM30E is an indoor PTP Grand Master offering TE accuracy as high as ±40ns (PRTC-B), which can meet the stringent timing requirements of demanding applications including 4G and 5G mobile networks. The product is PTP IEEE 1588-2008 standard compliant supporting major ITU-T frequency and phase/time profiles. It also supports SyncE (Synchronous Ethernet) output on all service interfaces for accurate frequency synchronization, and SyncE input for enhanced time holdover operation during GNSS outage. Highlights of the SyncRing XGM30E include: IEEE1588-2008 V2 PTP compliant. ITU-T G.8265.1/G.8275.1/G.8275.2 profiles; TE accuracy ±40ns. TE, MTIE, TDEV compliant with PRTC-B per G.8272; Synchronous Ethernet (SyncE) compliant with ITU-T G.8261, G.8262, and G.8264. SyncE output and input on all service interfaces; GNSS timing source. Concurrent multi-GNSS multi-frequency: simultaneous reception of up to 4 GNSS systems and up to 184 channels.; High stability OCXO; Indoor rack-mount design, 1RU; Power supply redundancy. AC or DC built-in power supply options; and Flexible management options. Board Change • Oct 31
High number of new directors CEO & Director Hua Li was the last director to join the board, commencing their role in 2022. Reported Earnings • Sep 03
First half 2022 earnings released: US$0.19 loss per share (vs US$0.028 profit in 1H 2021) First half 2022 results: US$0.19 loss per share (down from US$0.028 profit in 1H 2021). Revenue: US$7.49m (down 14% from 1H 2021). Net loss: US$1.68m (down US$1.93m from profit in 1H 2021). Over the last 3 years on average, earnings per share has fallen by 31% per year and the company’s share price has also fallen by 31% per year. Board Change • Apr 27
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Sean S. Shao is the most experienced director on the board, commencing their role in 2012. Independent Director Jin Tong Lin was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Mar 03
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Sean S. Shao is the most experienced director on the board, commencing their role in 2012. Independent Director Jin Tong Lin was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Executive Departure • Nov 29
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 29
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 29
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 29
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Board Change • Nov 25
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Sean S. Shao is the most experienced director on the board, commencing their role in 2012. Independent Director Jin Tong Lin was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Executive Departure • Nov 25
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director Wendong Zhang has left the company On the 16th of November, Wendong Zhang's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Wendong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.21 years, which is considered inexperienced in the Simply Wall St Risk Model.