The manager, executive vice chairman, and CEO of HKBN, Yang Zhuguang, stated that the group has resilience against recession, and the Industry it operates in is less affected by global geopolitical and tariff war instability factors, with not much impact on commercial clients. Currently, about 5% of the company's clients are engaged in import and export business, with only 6.5% exporting to the USA, so the actual potential affected proportion is only about 0.3%.
He also mentioned that the group's Business is resilient and can continuously generate recurring income, with EBITDA growth of 5% in the first half of the fiscal year, which is a relatively good growth rate within the Industry, expressing confidence that future earnings will continue to improve.
Regarding TPG Wireman's intention to sell approximately 15% of its shares in CHINA MOBILE Hong Kong, Yang Zhuguang indicated that the Trade is still ongoing and has not yet completed. Due to the involvement of Shareholder level transactions, he is not convenient to comment, but emphasized that the Board of Directors is still discussing with CHINA MOBILE Hong Kong and I Squared Capital, and no agreement has yet been reached.
He pointed out that the Board of Directors will consider various factors to seek the best returns for all Shareholders, while also taking into account the interests of stakeholders such as clients and employees, describing the Trade as 'not even 1.5 strokes out of ten,' and all Business operations continue as usual. The group's president and COO, Ye Chenghui, added that regardless of who the Shareholders are in the future, the team will focus on improving operational efficiency.
