Retech Technology Co., Limited
RTE.AX
Australian Securities Exchange0.14
AUD
- -
- -
ISIN
AU000000RTE9
CUSIP
Y73690102
Return %
Stock
S&P500
1Y
-41.67
26.53
3Y
-65.85
76.60
5Y
-70.53
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Chik Kee Won
- Sector
- Consumer Defensive
- Industry
- Education & Training Services
- Address
- Fudan Technology Park Shanghai People's Republic of China
- IPO Date
- Jun 22, 2017
- Website
- retech-rte.com
- Similar Companies
- Business
- Retech Technology Co., Limited (ASX:RTE), an investment holding company incorporated in Hong Kong in 2016 and headquartered in Shanghai, China, provides e-learning services and technology solutions primarily to corporate customers, vocational schools, ESG-related companies, government organizations, and students in mainland China, Hong Kong, and Australia. The company develops and offers e-learning platforms, e-courses, and comprehensive e-learning solutions that enable clients to deliver offline training content online across multiple channels and devices including desktops, mobiles, social media, and live streaming tools; learning analytics; customized and pre-prepared training courses; English language learning programs; technical consultancy services; software licensing; and property management services, with notable clients such as Bank of China, Ping An Insurance, Mercedes-Benz, McDonald's, and Huawei. Operating subsidiaries are located in mainland China, Australia, and Hong Kong, positioning Retech within the consumer cyclical and education services sectors. In recent developments, the company listed on the ASX in June 2017 but faced suspension in September 2022 for delayed financial reporting amid COVID-19 disruptions in Shanghai and delisted on August 29, 2023, due to unpaid annual listing fees; earlier, Huarong acquired a 20% stake to fund expansion into Australia, Hong Kong, and Japan along with R&D initiatives, while management changes included multiple director resignations such as Liu Qing in 2023, Grace Lin as CFO, and others through 2022-2023 amid financial challenges including disputes over convertible notes.