QINGDAO HLDGS announced its interim results, with a loss attributable to equity holders of the parent company of 9.505 million yuan, a year-on-year narrowing of 33.98%

According to the Zhitong Finance APP, QINGDAO HLDGS announced its mid-term results for 2025, with total revenue of 10.726 million yuan, a year-on-year decrease of 12.43%; the loss attributable to the parent company was 9.505 million yuan, a year-on-year narrowing of 33.98%; the loss per share was 0.95 cents. The announcement stated that the reduction in losses was mainly due to a decrease in financing costs resulting from loan repayments

QINGDAO HLDGS: Qi Yan will be appointed as an independent non-executive director

QINGDAO HLDGS announced that Ms. Zhao Meiran will resign as an independent non-executive director after the shareholders' annual meeting on June 26, 2025, and will no longer serve as a member of the nomination committee, remuneration committee, and audit committee. Ms. Qi Yan will be appointed as an independent non-executive director and a member of all committees starting from June 27, 2025

The gains of education stocks in the Hong Kong stock market further expanded, with New Oriental and DADI EDU rising over 9%, BESTSTUDY EDU and Tianli International Holdings rising over 7%, QINGDAO HLDGS and VIRSCEND EDU rising over 5%, EDVANTAGE GROUP rising nearly 5%, and LEADER EDU rising over 3%

QINGDAO HLDGS released its annual performance, with a loss attributable to shareholders of RMB 15.312 million, a year-on-year decrease of 67.64%

QINGDAO HLDGS released its annual performance for the year ending December 31, 2024, with total revenue of 44.334 million yuan, a year-on-year increase of 4.8%. The loss attributable to the parent company was 15.312 million yuan, a year-on-year decrease of 67.64%, with a loss per share of 1.53 cents. The loss was mainly due to unfavorable property market conditions, a decrease in the fair value of investment properties, losses from joint ventures caused by project delays, and the reversal of previously recognized deferred tax assets

QINGDAO HLDGS appoints Chen Bo as Chief Executive Officer

QINGDAO HLDGS announced that Ms. Zhao Meiran will resign as an independent non-executive director after the 2025 annual general meeting of shareholders. Mr. Chen Bo has been appointed as the Chief Executive Officer, effective from March 24, 2025. At the same time, Mr. Wang Yimei has resigned as the company's Chief Executive Officer to focus on other business, also effective from March 24, 2025