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hc international inc (2280) Snapshot

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hc international inc (2280) Details

HC International, Inc., an investment holding company, provides business information through online and offline channels in the People’s Republic of China. It operates through Online services; Trade Catalogues and Yellow Page Directories; Seminars and Other Services; B2B Household Electrical Appliances Business Exhibition Centre; Anti-Counterfeiting Products and Services segments. The company operates an online market place and provides industrial search result prioritizing services through its business-to-business (B2B) Website; and publishes trade catalogues and yellow page directories. Its online services include Mai-Mai-Tong, a B2B product that offers free subscription and feepaying membership, as well as engages in third parties institutions to provide identity certification to fee-paying enterprises members of Mai-Mai-Tong. The company also offers search product under the Biao-Wang brand to fee-paying Mai-Mai-Tong users; HuiFuBao, an online transaction service; and online advertising services. In addition, it provides Mai Mai Loan, a finance product, which offers micro-finance product to small to medium enterprises; services for hosting of seminars; and digital identity management services and unique identification labels and tools, such as anti-counterfeiting tags, as well as sells properties and provides property rental and management services. The company was founded in 1992 and is headquartered in Beijing, the People’s Republic of China.

3,121 Employees
Last Reported Date: 11/3/15
Founded in 1992

hc international inc (2280) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: CNY600.0K
Chief Financial Officer and Executive Directo...
Total Annual Compensation: CNY720.0K
Executive Chairman, Compliance Officer and Ch...
Total Annual Compensation: CNY600.0K
Compensation as of Fiscal Year 2014.

hc international inc (2280) Key Developments

HC International Mulls Acquisitions

HC International Inc. (SEHK:2280) is seeking acquisitions. The net proceeds from the share placing will be used for potential acquisitions or investments, input of resources into the B2B 2.0 business (which mainly includes transactions and internet finance), as well as working capital and general corporate purposes.

HC International Inc. Announces Consolidated Unaudited Earnings Results for the Nine Months Ended September 30, 2015

HC International Inc. announced consolidated unaudited earnings results for the nine months ended September 30, 2015. For the period, the company reported revenues of RMB 665,515,000 compared with RMB 722,920,000 for the same period a year ago. Operating profit was RMB 37,922,000 compared with RMB 164,265,000 for the same period a year ago. Profit before income tax was RMB 45,649,000 compared with RMB 186,327,000 for the same period a year ago. Profit for the period was RMB 34,858,000 compared with RMB 154,555,000 for the same period a year ago. Profit attributable to equity holders of the company was RMB 51,294,000 or RMB 0.0696 per diluted share compared with RMB 160,641,000 or RMB 0.2329 per diluted share for the same period a year ago. The revenue was derived from the segments of on-line services, trade catalogues and yellow page directories, seminars and other services and anti-counterfeiting products and services, of which breakdowns are stated in the above table. As a consequence of the new addition of the segment of anti-counterfeiting products and services and completion of acquiring ZOL, its overall gross profit ratio has decreased by approximately 7.3 percentage points to approximately 85.4% (2014: 92.7%). The profit attributable to equity holders of the Company representing a decrease of approximately 68.1% as compared to the same period last year. The Board believes that the said decrease is mainly due to, among other things, the slowdown of the economic growth of the PRC, the decrease in number of fee-paying users resulting in a decline in the Group's revenue, and the increase in input of resources by the Group on the B2B 2.0 business which included transactions and internet finance.

HC International Inc., Board Meeting, Nov 03, 2015

HC International Inc., Board Meeting, Nov 03, 2015., at 14:00 China Standard Time. Agenda: To consider and approve the unaudited quarterly results of the company and its subsidiaries for the nine months ended September 30, 2015 and approve the draft announcement in respect of the third quarterly results to be published on the website of the stock exchange of Hong Kong limited and the website of the company; to consider the payment of interim dividend, if any; to consider the closure of the register of members, if necessary; and to transact any other business, if any.


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