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    821   HK0000048543

VALUE CONVERGENCE HOLDINGS LIMITED

(821)
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Delayed Hong Kong Stock Exchange  -  05/23 04:08:12 am EDT
0.2300 HKD    0.00%
04/19Value Convergence Holdings Limited Appoints Wong Kam Fat, Tony Vice Chairman and Executive Director
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04/14Value Convergence Holdings Limited Announces Resignation of Wong Kam Choi, Kerry, Mh as Independent Non-Executive Director, Chairman of Remuneration Committee, Member of Audit Committee and Nomination Committee
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03/31Value Convergence Holdings Limited Reports Earnings Results for the Full Year Ended December 31, 2021
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Value Convergence Holdings Limited and Shenzhen Qianhai Value Convergence Technology Power Co. Ltd. Establishes Joint Venture Company, Namely Shenzhen Huiwei Duoying Technology Co. Ltd

12/28/2021 | 03:46am EDT

The board of directors of Value Convergence Holdings Limited announce that on 24 December 2021, Shenzhen Qianhai Value Convergence Technology Power Co. Ltd. has established a joint venture company, namely Shenzhen Huiwei Duoying Technology Co. Ltd, with Shenzhen Yiyun Information Electronic Co. Ltd. and Ms. Li Xiaowen. The equity interests of the JV Company are held as to 51%, 25% and 24% by Qianhai VCT, Shenzhen Yiyun Information and Ms. Li Xiaowen, respectively. has established a joint venture company, The JV Company is principally engaged in the sales and marketing of virtual assets and has made plans with regard to, including but not limited to, the business of sales and marketing of virtual products of Tencent with an expectation to obtain exclusive sales rights from virtual product distributors of Tencent. The virtual products of Tencent range from Tencent Games, QQ, video and music. The Board believes that by entering into the business of sales and marketing of virtual products through the JV Company, the Group can expand its competitiveness and enhance its profitability in the Internet sector.


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All news about VALUE CONVERGENCE HOLDINGS LIMITED
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Financials
Sales
Net income
Net Debt
P/E ratio
Yield
Capitalization 478 M 60,9 M 60,9 M
EV / Sales -1
EV / Sales 0
Nbr of Employees 68
Free-Float 81,3%
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Managers and Directors
Yick Fung Lai Chief Financial Officer & Secretary
Yiu Man Fu Chairman
Chung Kin Wong Independent Non-Executive Director
Miu Man Siu Independent Non-Executive Director
Hoi Kwong Lin Executive Director
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