01206 TECHNOVATOR
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TECHNOVATOR News
TECHNOVATOR (01206.HK) appoints Qin Bing as Executive Director.
On December 24, Gelonghui reported that TECHNOVATOR (01206.HK) announced that Wang Zhiqiang resigned as Executive Director and member of the Company's Risk Management Committee due to work arrangement adjustments, effective from December 24, 2024. On the same day, it was announced that Qin Bing was appointed as Executive Director and member of the Company's Risk Management Committee, effective from December 24, 2024.
Technovator International Shakes Up Leadership With New Executive Director
Technovator International Reveals Board and Committee Structure
TECHNOVATOR (01206.HK) appointed Chan Wan Mei as Joint Company Secretary.
On December 23, Gu Longhui reported that TECHNOVATOR (01206.HK) announced that Chan Wan Mei has been appointed to fill the temporary vacancy caused by the resignation of Shi Huiyi as the company's joint company secretary, effective from December 20, 2024, in compliance with Singaporean company law. Another joint company secretary, Liang Lewei, will continue to serve as the company's joint company secretary.
TECHNOVATOR: Interim Report 2024
Technovator Reports Increased Mid-Year Losses
The performance of technovator (01206.HK) has expanded its mid-year losses to 69.56 million RMB.
Technovator (01206.HK) announced its interim results for the six months ended in June, with revenue recorded at 0.513 billion RMB (same below), a year-on-year decrease of 8.8%. The loss expanded from 14.77 million yuan in the same period last year to 69.56 million yuan, with a loss per share of 8.89 cents. No interim dividend will be distributed.
Technovator (01206.HK) had a revenue of approximately 0.513 billion yuan in the first half of the year, a year-on-year decrease of 8.8%.
On August 29, Geelong International reported that in the first half of 2024, due to the impact of the market environment and adjustments in government investment policies, some investment projects were delayed, resulting in corresponding orders being postponed to the second half of the year for signing and execution, leading to a declining trend in revenue scale during the period. The group achieved approximately RMB 0.513 billion in revenue in the first half of the year, a year-on-year decrease of 8.8%. Due to more cautious investment decisions in the target market and increasingly fierce competition in the industry, the group maintained a relatively low gross margin level to consolidate its market position, resulting in a significant decline in overall profit. In addition, the group actively adjusted its operational strategy.
Technovator (01206) released its interim performance, with a net loss of 69.557 million yuan attributable to shareholders, a year-on-year increase of 370.87%.
Technovator (01206) announced in a statement that the group's revenue for the period reached 0.513 billion yuan (RMB, same below), the same as...
TECHNOVATOR: 2024 INTERIM RESULTS ANNOUNCEMENT
Technovator (01206.HK) changes chairman.
Technovator (01206.HK) announced that Qin Xuzhong has resigned as a non-executive director, chairman of the board of directors, member of the nomination committee, member of the remuneration committee, member of the risk management committee, and representative authorized by the company under Rule 3.05 of the Listing Rules of the Stock Exchange, effective today (26th). At the same time, the company has appointed Li Chengfu as a non-executive director, chairman of the board of directors, member of the nomination committee, member of the remuneration committee, member of the risk management committee, and representative authorized by the company under Rule 3.05 of the Listing Rules of the Stock Exchange.
Technovator Announces Top-Level Leadership Changes
Technovator International Unveils New Board Structure
Technovator (01206.HK): Li Chengfu appointed as a non-executive director and chairman of the board of directors.
On August 26, GeLongHui announced that Qin Xuzhong resigned as a non-executive director, chairman of the board of directors, member of the nomination committee, member of the remuneration committee, member of the risk management committee, and company authorized representative due to work arrangements, effective from August 26, 2024. Li Chengfu was appointed as a non-executive director, chairman of the board of directors, member of the nomination committee, member of the remuneration committee, member of the risk management committee, and company authorized representative, effective from August 26, 2024.
Technovator Announces Upcoming Board Meeting
Technovator (01206.HK) will hold a board of directors meeting on August 29 to approve its interim performance.
Technovator (01206.HK) announced on August 19th that the Board of Directors meeting will be held on August 29th, 2024 to consider and approve the mid-term performance of the company and its subsidiaries for the six months ending on June 30, 2024, as well as the publication, and to consider the payment of interim dividends (if any).
Technovator International to Widen Loss in H1
Technovator (01206.HK)'s projected losses for the half year is expected to expand to at least 70 million RMB in 'profit warnings'.
Technovator (01206.HK) issued a profit warning, expecting a loss of between 70 million and 80 million RMB for the six months ended in June, compared to a profit of 13.9 million RMB in the same period last year. The increase in losses is mainly due to the impact of market conditions and government investment policy adjustments, project investments being postponed leading to decreased revenue, and intense industry competition. In order to maintain its market position, the group keeps a relatively low gross margin level.
Technovator Expects Increased H1 2024 Losses
Technovator (01206) issued a profit warning, expecting to incur a loss of approximately 70 million to 80 million yuan in the midterm.
Technovator (01206) announced that the group expects to achieve approximately... by the end of June 30, 2024 in the next six months.
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