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DOWWAY: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2025
Tianping Daohe (08403) issues a profit warning, expecting a net loss attributable to shareholders of no less than 20 million yuan for the fiscal year 2025.
Tianping Daohe (08403) announced that the group expects to incur a net loss attributable to owners of the company of no less than RMB 20 million for the fiscal year ending December 31, 2025, compared to a consolidated net loss attributable to owners of the company of approximately RMB 5.746 million in the 2024 fiscal year. The increase in losses is primarily due to (a) the group’s decision not to proceed with a low-margin project involving a major client, as well as delays in the rebidding process for another project, resulting in a significant reduction in revenue; and (b) increased administrative expenses and technology development expenditures to support the group's strategic expansion into a digital services ecosystem during the 2025 fiscal year.
Express News | Dowway Holdings - Expects FY2025 Net Loss of No Less Than RMB20 Mln
Zhitong HK Stock Investment Diary | February 27
Hong Kong Stock Investment Diary | February 27, 2026
Tianping Daohe (08403) has appointed Sun Wei as the Chairman of the Board.
Tianping Daohé (08403) announced that, effective February 9, 2026, Mr. Leaf Hua Li, Mr. Yan Jinghui, and Mr. Dong Kejia have resigned as executive directors; Mr. Lian Mingcheng has resigned as a non-executive director; and Ms. Xu Shuang and Mr. Ma Lin have resigned as independent non-executive directors. Mr. Sun Wei has been appointed as the chairman of the board, while Mr. Huang Xiaodi has stepped down as chairman but will remain as an executive director and chief executive officer.
Express News | Dowway Holdings - Huang Xiaodi Resigned as Chairman, Remains as Executive Director & CEO
