Nearly HK$500 million in loans! The listed company and its 7 directors were subject to disciplinary action by the Stock Exchange
① Why was the company and its executives penalized by the Hong Kong Stock Exchange? ② What are the specific measures of the Hong Kong Stock Exchange?
CHINA ECOTOUR: 2023/2024 Interim Report
China Ecotourism (01371.HK) medium-term loss narrowed to around HK$71.6 million
Gelonghui, Feb. 28 | China Ecotourism (01371.HK) announced that during the six-month period ending December 31, 2023, the Group recorded a total revenue of approximately HK$47.5 million, down about 8% from the same period last year. The losses attributable to company owners in the first half of the year were approximately HK$71.6 million (H1 2022: approximately HK$85.9 million).
CHINA ECOTOUR: Announcement of Interim Results for the Six Months Ended 31 December 2023
China Ecotourism (01371.HK) subsidiary liability for violation of financing terms
Glonghui, December 3, China Ecotourism (01371.HK) announced that in October 2023, Yuwei Co., Ltd., an indirect wholly owned subsidiary of the company, received a notice from a creditor bank in China as a collateral about a loan with an outstanding principal amount of HK$162 million granted by the creditor to Fuchang Technology Co., Ltd., an indirect wholly-owned subsidiary of the company, alleging that Fuchang, as a borrower, had violated the financing terms. The financing had already been secured by Yu Wei's property. As of November 18, 2022, the fair value of this property was assessed by an independent appraiser at HK$324 million
China Ecotourism (01371.HK) appoints Zhu Xinxin as Executive Director
Gelonghui November 8 | China Ecotourism (01371.HK) announced that Zhu Xinxin has been appointed as the company's executive director, effective November 8, 2023.
China Ecotourism (01371.HK): Di Ling appointed as Chairman
Glonghui, Oct. 13: China Ecotourism (01371.HK) issued an announcement, effective from October 13, 2023: Chen Danna resigns as Chairman, Executive Director, Authorized Representative, Legal Procedure Document Agent, Nomination Committee Chairman and Remuneration Committee Member; Executive Director Di Ling was appointed as Chairman, Authorized Representative, Legal Procedure Documents Agent, Nomination Committee Chairman and Remuneration Committee Member; and Huang Shenglan resigned as an independent non-executive director, Chairman of the Audit Committee and Remuneration Committee and member of the Nomination Committee.
CHINA ECOTOUR: 2022/2023 Annual Report
China Ecotourism (01371) Announces Results for the 18 Months Ended June 30, 2023, with a loss attributable to shareholders of HK$219 million
China Ecotourism (01371) announced the results for the 18-month period ending June 30, 2023, with turnover...
CHINA ECOTOUR: Announcement of Results for the Eighteen Months Ended 30 June 2023 and Proposed Amendments to the Bye-Laws and Adoption of the Amended and Restated Bye-Laws of the Company
CHINA ECOTOUR: Date of Board Meeting
China Ecotourism Unit Bags Sports Lottery Terminal Project in Inner Mongolia
China Ecotourism Group (HKG:1371) unit Guangzhou Lottnal Terminal won the tender for a sports lottery computer-generated ticket game terminal procurement project of the Inner Mongolia Autonomous Regio
China Ecotourism Group's Auditor Resigns; Successor Named
Crowe (HK) CPA has resigned as China Ecotourism Group's (HKG:1371) auditor effective today, Friday. The move came following a failure of the parties to agree on the proposed audit fee for the 18 month
China Ecotourism (01371.HK) subsidiary successfully won the bid for the Guangdong Sports Lottery Center terminal procurement project
Gelonhui, April 27丨China Ecotourism (01371.HK) announced that Guangzhou Lotu Terminal Technology Co., Ltd., a subsidiary of the company, recently won the bid for the “Guangdong Sports Lottery Center Terminal Procurement Project”, which will provide 3,300 lottery ticket sales terminals for the Guangdong Sports Lottery Center. This is another new contract for Lotto after winning the bid for 2,200 Guangdong Sports Lottery ticket sales terminals in November last year. The lottery terminal model that Lotto won the bid for this time is KT301-T4-01. The equipment is advanced and mature and has high processing performance. It is the lottery terminal with the fastest ticket reading speed and the widest range of lottery terminals in China
China Ecotourism Units Bag Lottery Projects in Guangdong
08:11 AM EDT, 04/19/2023 (MT Newswires) -- Two units of China Ecotourism Group (HKG:1371) recently won bids for two lottery projects in Guangdong and Guangzhou, a Wednesday filing stated. As part of
China Ecotourism (01371.HK): Successful Bid Winning System and Betting Station Management Service Project
Gelonhui, April 19, 丨 China Ecotourism (01371.HK) announced that the company's two subsidiaries, Beijing Bayings Digital Technology Co., Ltd. (“Bayins Digital”) and Guangzhou Lotu Terminal Technology Co., Ltd. (“Guangzhou Lotu”), recently won the bid for the “Guangdong Computer Welfare Lottery Lottery Sales Management System Technology Service Procurement Project” (“Project 1”) and “Guangzhou Welfare Lottery Betting Station Sales Area Integrated Management Service Station Service Provider Project (2023)” (“Project 2”), respectively. According to the requirements of Project 1, Bayins Digital will provide the Guangdong Welfare Lottery Distribution Center (“Guangdong Lucky Lottery”)
Ecotourism in China: Second Interim Report 2022
China Ecotourism Group's 2022 Attributable Loss Narrows
03:00 AM EST, 03/01/2023 (MT Newswires) -- China Ecotourism Group's (HKG:1371) 2022 attributable loss narrowed to HK$155.1 million, or HK$0.0502 per share, from HK$258.3 million, or HK$0.1134 per shar
China Ecotourism's net loss for the year (01371.HK) narrowed to HK$155 million
Gelonghui, Feb. 28 丨 China Ecotourism (01371.HK) announced that for the 12 months ending December 31, 2022, the Group recorded a total revenue of about HK$127 million, an increase of about 1.66% over the same period last year. Owners of the company accounted for losses of about HK$155 million during this period, and losses amounted to about HK$258 million during the previous period. The reduction in losses attributable to company holders was mainly due to a reduction of HK$61.26 million in net impairment losses on financial assets during the period and cost control measures taken during the period, which resulted in a reduction of about HK$71.38 million in general and administrative expenses.
China Ecology (New): Second Interim Results Announcement for the 12 Months Ended December 31, 2022
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