Yeebo (International Holdings) Limited: Significant Increase in Losses at Suzhou QingYue for Q1 2026

Key Highlights

• Suzhou QingYue, in which Yeebo (International Holdings) Limited holds an equity interest of approximately 28.08%, reported a substantial increase in losses for the quarter ended 31 March 2026.
• Unaudited loss attributable to Suzhou QingYue’s owners: RMB32 million (approx. HK\$37 million) for Q1 2026, compared to RMB16 million for Q1 2025—an increase of 100% year-on-year.
• The results have been disclosed in accordance with Hong Kong Listing Rules and Inside Information Provisions under the Securities and Futures Ordinance.
• Details of Suzhou QingYue’s unaudited results are available on the Shanghai Stock Exchange (SSE) website, but only in Chinese.

Key Information for Shareholders

• Potential Price Sensitivity: The doubling of losses at Suzhou QingYue is a material event, especially since Yeebo holds a significant 28.08% stake. This could negatively impact Yeebo’s financial performance and, consequently, its share price.
• Nature of Business: Suzhou QingYue’s principal activities include the development, manufacture, and sale of organic light emitting diode (OLED) displays, e-paper modules, and micro-OLED products. The poor financial performance may reflect challenges in these segments.
• Risk Advisory: The Company urges shareholders and potential investors to exercise caution when dealing in its shares due to the increased losses reported by Suzhou QingYue.
• Yeebo’s announcement was made in compliance with Rule 13.09 of the Listing Rules and the Inside Information Provisions, underscoring the importance of this disclosure.

Additional Details

• Yeebo (International Holdings) Limited is incorporated in Bermuda and listed on the Hong Kong Stock Exchange (Stock Code: 259).
• Suzhou QingYue is listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange (SSE Stock Code: 688496).
• The loss may be influenced by market conditions, operational challenges, or other undisclosed factors affecting the OLED and related technology segments.
• The board of directors comprises both executive and independent non-executive directors, reflecting corporate governance standards.
• The announcement is signed by Mr. Lau Siu Ki, Kevin, Company Secretary, on behalf of the Board of Yeebo.

Summary

The significant increase in losses at Suzhou QingYue for Q1 2026 is a material event for Yeebo (International Holdings) Limited, given its substantial equity stake. Shareholders and investors should be aware that this development may negatively affect Yeebo’s financial results and share price. With the company explicitly advising caution, this news is highly relevant for those considering investment or trading in Yeebo’s shares.

Disclaimer

This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult professional advisors before making any investment decisions. The information is based on a company announcement and may be subject to further updates or clarifications.

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