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sunrise china technology gro (8226) Details

Sunrise (China) Technology Group Limited, an investment holding company, is engaged in environment related business. It is also involved in the rental of properties. The company has operations in Mainland China, the United States, Germany, Thailand, and internationally. It was formerly known as Sonavox International Holdings Limited and changed its name to Sunrise (China) Technology Group Limited in January 2011. The company is headquartered in Wanchai, Hong Kong. Sunrise (China) Technology Group Limited is a subsidiary of Zhongyu Group Holdings Limited.

27 Employees
Last Reported Date: 03/29/15

sunrise china technology gro (8226) Top Compensated Officers

Compliance Officer and Executive Director
Total Annual Compensation: $520.0K
Compensation as of Fiscal Year 2013.

sunrise china technology gro (8226) Key Developments

Sunrise (China) Technology Group Limited Reports Consolidated Earnings Results for the Year Ended December 31, 2014

Sunrise (China) Technology Group Limited reported consolidated earnings results for the year ended December 31, 2014. For the year, the company reported revenue of HKD 49,022,000 compared to HKD 61,576,000 a year ago. Loss before tax was HKD 54,506,000 compared to HKD 84,308,000 a year ago. Loss for the year from continuing and discontinued operations attributable to owners of the company was HKD 16,695,000 or 3.9 cents per basic share compared to HKD 52,169,000 or 15.56 cents per basic share a year ago. The decrease in turnover was mainly attributed to the disposal of Loudspeaker Business, of which, revenue generated was approximately HKD 449.1 million on 2013.

Sunrise (China) Technology Group Limited to Raise $12.89 Million in Private Placement of Bonds

Sunrise (China) Technology Group Limited has agreed to raise an aggregate principal amount of up to HKD 100 million ($12.89 million) in a private placement of bonds. The issue price of the bonds is 100% of the principal amount of the bonds at a interest rate of 9% per annum.

Sunrise (China) Technology Group Limited Announces Board Changes

Sunrise (China) Technology Group Limited announced that Mr. Shan Xiaochang has tendered his resignation as an executive Director, the chairman of the Board and the chief executive officer with effect from 25 March 2015 due to his own career development. The Board announced that, following the resignation of Mr. Shan, Mr. Ma Arthur On-hing, an executive Director, has been appointed as the authorised representative, the compliance officer, the chairman of the nomination committee and the member of the remuneration committee of the company with effect from 25 March 2015.

 

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TEV/Sales 2.1x
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