New Risk • Jun 25
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.74m (US$9.94m) 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 (-CN¥141m free cash flow). Market cap is less than US$10m (€8.74m market cap, or US$9.94m). Minor Risk Share price has been volatile over the past 3 months (9.5% average weekly change). Board Change • May 21
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. 4 non-independent directors. Independent Non-Executive Director Norma Chu was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Apr 01
Gogox Holdings Limited, Annual General Meeting, Jun 18, 2026 Gogox Holdings Limited, Annual General Meeting, Jun 18, 2026. Duyuru • Mar 18
Gogox Holdings Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 Gogox Holdings Limited announced that they will report fiscal year 2025 results on Mar 31, 2026 Duyuru • Aug 15
Gogox Holdings Limited to Report First Half, 2025 Results on Aug 28, 2025 Gogox Holdings Limited announced that they will report first half, 2025 results on Aug 28, 2025 Duyuru • Apr 01
Gogox Holdings Limited, Annual General Meeting, Jun 18, 2025 Gogox Holdings Limited, Annual General Meeting, Jun 18, 2025. Duyuru • Mar 20
Gogox Holdings Limited USD ORD SHS to Be Deleted from OTC Equity Gogox Holdings Limited USD ORD SHS (Cayman Islands) will be deleted from OTC Equity effective March 19, 2025, due to Inactive Security. Duyuru • Mar 14
Gogox Holdings Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 Gogox Holdings Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 New Risk • Oct 02
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 German stocks, typically moving 11% 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 (11% average weekly change). Earnings have declined by 8.8% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€47.5m market cap, or US$52.6m). Reported Earnings • Sep 30
First half 2024 earnings released: CN¥0.13 loss per share (vs CN¥1.03 loss in 1H 2023) First half 2024 results: CN¥0.13 loss per share (improved from CN¥1.03 loss in 1H 2023). Revenue: CN¥324.2m (down 13% from 1H 2023). Net loss: CN¥82.4m (loss narrowed 87% from 1H 2023). Duyuru • Aug 30
Gogox Holdings Limited Announces Board Changes Gogox Holdings Limited announced that Mr. Wang Ye ("Mr Wang") has resigned as a non-executive Director of the Company with effect from August 30, 2024 in order to devote more time to his other business commitments. Mr. Hu Xiangcheng ("Mr. Hu") has been appointed as a non-executive Director of the Company with effect from August 30, 2024. Hu Xiangcheng, aged 53, has extensive experience in business administration and corporate management. Mr. Hu is the chairman of Wuhu Haoyong Vehicle Rental Co. Ltd. ("Wuhu Haoyong"). The Group holds 40% interest in Wuhu Kaixin Daojia Technology Co. Ltd. ("Wuhu Kaixin"), while Wuhu Haoyong holds 60% interest in Wuhu Kaixin. Wuhu Haoyong is a wholly-owned subsidiary of Chery Holding Group Co. Ltd. ("Chery Holding"), one of the leading vehicle manufacturers in the PRC and a cornerstone investor of the Company during its initial public offering. Mr. Hu is also the chairman of Chery Wanda Guizhou Vehicle Co. Ltd., deputy general manager of Chery Commercial Vehicle Company, general manager of Guizhou Ruiqi New Energy Automobile Co. Ltd., and the head of Chery Guizhou Industrial Base . Duyuru • Aug 16
Gogox Holdings Limited to Report First Half, 2024 Results on Aug 29, 2024 Gogox Holdings Limited announced that they will report first half, 2024 results on Aug 29, 2024 Reported Earnings • Mar 30
Full year 2023 earnings released: CN¥1.76 loss per share (vs CN¥2.40 loss in FY 2022) Full year 2023 results: CN¥1.76 loss per share (improved from CN¥2.40 loss in FY 2022). Revenue: CN¥752.8m (down 2.6% from FY 2022). Net loss: CN¥1.10b (loss narrowed 8.8% from FY 2022). Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 2.4% growth forecast for the Logistics industry in Europe. Duyuru • Mar 15
Gogox Holdings Limited to Report Fiscal Year 2023 Results on Mar 27, 2024 Gogox Holdings Limited announced that they will report fiscal year 2023 results on Mar 27, 2024 Duyuru • Feb 23
Gogox Holdings Limited Announces Resignation of Mi Wenjuan as Independent Non-Executive Director, Chairman of the Nomination Committee and Member of the Remuneration Committee The board of directors of GOGOX HOLDINGS LIMITED announced that Ms. Mi Wenjuan has resigned as an independent non-executive Director, the chairman of the nomination committee of the Company (the "NominationCommittee") and a member of the remuneration committee of the Company with effect from February 23, 2024 in order to devote more time to her other business commitments. Duyuru • Dec 22
Gogox Holdings Limited Announces the Appointment of Chairman of the Board and Authorized Representative Gogox Holdings Limited announced that Mr. Lam Hoi Yuen ("Mr. Lam"), an executive Director of the Company and co-chief executive officer (the "Co-CEO") of the Company, has been appointed by the Board as the chairman of the Board (the "Chairman") with effect from December 20, 2023. Mr. Lam, aged 37, was appointed as a Director on August 29, 2017, and re-designated as an executive Director on August 13, 2021. Mr. Lam was appointed as a Co-CEO on August 29, 2017 and is responsible for the overall strategic development and business operations of the Group's overseas business. Mr. Lam currently holds directorship in GoGo Tech Limited, a principal operating entity of the Group, GoGoVan Korea Co. Ltd. and GoGoVan Singapore Pte. Ltd., as well as several other overseas subsidiaries of the Group. Mr. Lam is a successful entrepreneur who co-founded GoGoVan, one of the first app-based logistics platforms in Asia committed to providing logistics services through technology. Mr. Lam led the expansion of GoGoVan into Singapore and Korea in 2014 and India in 2015 and was instrumental in helping GoGoVan and the Group set up their operations in these regions. Mr. Lam was granted accolades including Hong Kong's Ten Outstanding Young Persons Selection in 2018, and 50 Asians to watch of The Straits Times in 2018 Mr. Lam has recently received Hong Kong Tatler's Asia's Most Influential in 2021 & 2022 PRESTIGE Hong Kong's 40 under 40 in 2022 and EY Entrepreneur Of The Year 2022. Hong Kong/Macau, China). Mr. Lam received a bachelor's degree in business administration (with a focus on global management) from Walter A. Haas School of Business of the University of California, Berkeley in the United States in August 2010. Mr. Lam has been appointed as an authorized representative of the Company under Rule 3.05 of the Listing Rules with effect from December 20, 2023. Board Change • Dec 18
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 8 new directors. 2 experienced directors. No highly experienced directors. 4 independent directors (6 non-independent directors). Executive Chairman of the Board Xiaohua Chen is the most experienced director on the board, commencing their role in 2017. Independent Non-Executive Director Wenjuan Mi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Duyuru • Dec 18
GOGOX HOLDINGS LIMITED Announces Management Changes The board of directors of GOGOX HOLDINGS LIMITED announced that: Mr. Chen Xiaohua (Mr. Chen) has resigned as the chairman of the Board (Chairman), and an executive Director with effect from December 19, 2023 due to his other business commitments. Following the resignation of Mr. Chen, he also ceases to be a member of the nomination committee of the Company (Nomination Committee) and no longer holds any position in the Group. Ms. Yu Wing Sze (Ms. Yu) has resigned as the company secretary of the Company (Company Secretary) and an authorized representative of the Company for acceptance of service of process and notices on behalf of the Company in Hong Kong under Rule 19.05(2) of the Listing Rules and Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (Process Agent) with effect from December 23, 2023. Ms. Ho Wing Nga ("Ms. Ho") has been appointed as the Company Secretary and the Process Agent with effect from December 23, 2023. Ms. Ho has over 25 years of experience in corporate governance services. She obtained a master's degree in corporate governance from the Hong Kong Polytechnic University. Ms. Ho is a fellow of both the Hong Kong Chartered Governance Institute (HKCGI) and The Chartered Governance Institute. She is also a holder of the practitioner's endorsement of HKCGI and a member of The Hong Kong Institute of Directors. Each of Mr. Chen and Ms. Yu has resigned and ceases to act as an authorized representative of the Company (Authorized Representative) under Rule 3.05 of the Listing Rules with effect from December 19, 2023 and December 23, 2023, respectively. Ms. Ho has been appointed as the Authorized Representative with effect from December 23, 2023. Mr. Ni Zhengdong (Mr. Ni) has resigned as an independent non-executive Director with effect from December 19, 2023 due to his other business commitments. Following the resignation of Mr. Ni, he also ceases to be a member of the audit committee of the Company (Audit Committee), a member of the Remuneration Committee of the Company (Remuneration Committee) and the chairman of the Nomination Committee. With effect from December 19, 2023, the composition of the Board committees will be changed as follows: Audit Committee: Upon Mr. Ni's resignation as an independent non-executive Director, he ceases to act as a member of the Audit Committee. Mr. Leung Ming Shu ("Mr. Leung") has been appointed as a member of the Audit Committee. Remuneration Committee: Upon Mr. Ni's resignation as an independent non-executive Director, he ceases to act as a member of the Remuneration Committee. Ms. Mi Wenjuan (Ms. Mi) has been appointed as a member of the Remuneration Committee. Nomination Committee: Upon Mr. Ni's resignation as an independent non-executive Director, he ceases to act as the chairman of the Nomination Committee. Upon Mr. Chen's resignation as the Chairman and an executive Director, he ceases to act as a member of the Nomination Committee. Ms. Mi has been appointed as the chairwoman of the Nomination Committee. Each of Mr. He Song and Mr. Zhao Hongqiang has been appointed as a member of the Nomination Committee. Board Change • Nov 09
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 8 new directors. 2 experienced directors. No highly experienced directors. 4 independent directors (6 non-independent directors). Executive Chairman of the Board Xiaohua Chen is the most experienced director on the board, commencing their role in 2017. Independent Non-Executive Director Wenjuan Mi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. 
