SU Group Holdings Limited Stock Price, News & Analysis

SU Group Holdings (NASDAQ:SUGP) announced three major capital structure changes effective August 25, 2025: a 1-for-10 reverse stock split, a share capital increase, and a share capital alteration. The reverse split will reduce outstanding shares from 13.8M to 1.38M, aiming to meet Nasdaq's $1 minimum bid requirement.

The company will increase its authorized share capital from HK$7.5M to HK$75M and implement a dual-class share structure. The restructuring creates Class A (1 vote) and Class B (50 votes) shares, with Class B shares allocated to Chairman Chan Ming Dave, increasing his voting control from 65.84% to 98.96%.

SU Group (Nasdaq: SUGP) has secured its largest-ever contract worth HK$88.5 million (US$11.3 million) for a major hospital expansion project in Hong Kong. The company will implement comprehensive security and communication systems including IP-based public address, CCTV, access control, and smart hospital infrastructure.

The project encompasses installation of approximately 3,000 speakers, 3,500 access doors, 3,000 CCTV cameras, and 1,200 TV/FM outlets. Initial revenue recognition is expected in Q4 2025. The integrated system will support scalability, improve patient experience, ensure regulatory compliance, and enable future technology integration.

SU Group Holdings (SUGP) has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement. The company's shares have traded below $1.00 for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2).

The notification does not immediately affect SUGP's listing status, and trading will continue uninterrupted. The company has been granted a 180-day compliance period until September 16, 2025, during which it must achieve a closing bid price of at least $1.00 for a minimum of 10 consecutive business days to regain compliance.

To address this issue, SUGP is monitoring its share price and considering various options, including a potential reverse stock split.

SU Group Holdings (Nasdaq: SUGP) has announced the successful deployment of critical access control gates at one of Asia's largest multi-purpose sports, entertainment and leisure parks. The company's access control solutions offer comprehensive security and operational benefits, including enhanced crowd management, faster entry processing, and revenue protection through unauthorized access prevention.

The system features integration capabilities with metal detectors, bag checks, and surveillance cameras, while also providing valuable data analytics for venue optimization. Chairman and CEO Dave Chan highlighted this as a 'major win' that demonstrates the strength of their operating model and positions the company for accelerated growth in 2025.

SU Group Holdings (NASDAQ: SUGP) reported strong financial results for fiscal year 2024, with revenue increasing 11.3% to HK$182.2 million (US$23.4 million) and net income growing 8.7% to HK$10.7 million (US$1.4 million). The security-related engineering services segment saw a 9.0% revenue increase to HK$107.0 million.

However, gross profit decreased slightly by 0.9% to HK$47.6 million, with gross profit margin declining to 26.1% from 29.3% in FY2023. The company's balance sheet showed improvements with trade receivables decreasing 37.5% to HK$21.9 million and cash and cash equivalents reaching HK$52.3 million. Working capital stood at approximately HK$82.1 million as of September 30, 2024.

SU Group Holdings (SUGP) has been selected to enhance security at a premier Class A office building in Hong Kong. The company will install high-security integrated lintel roller shutters, manufactured by Charter Global/U.K. and certified to LPS 1175 Issue 7 SR2 by the Loss Prevention Certification Board (LPCB).

The shutters are designed to resist forced entry attempts and feature advanced locking systems and anti-lift features. Installation is expected to complete by Q2 2025. The security solution offers multiple benefits including energy cost reduction, noise reduction, storm resistance, and enhanced property value.

CEO Dave Chan highlighted that increasing smash and grab threats and rising costs from damage and theft are driving demand for high-security roller shutters with international certification standards. The company anticipates this project will lead to significant sales growth.

SU Group Holdings (Nasdaq: SUGP) has announced a deal to sell 11 AI-aided X-ray screeners to one of Asia's largest airlines. The screeners, designed for air cargo screening, feature proprietary Threat Stopper technology that combines enhanced security, efficiency, and adaptability. The company's CEO, Dave Chan, highlighted the importance of security in aviation and expects increasing demand for AI-aided X-ray screeners due to technological advances and growing traveler numbers. The systems offer benefits including increased detection accuracy, faster processing times, consistent performance, adaptability to new threats, and potential cost savings through improved operational efficiency.

SU Group Holdings (Nasdaq: SUGP) has secured its largest-ever contract worth US$4.4 million for designing and installing an integrated security system at Hong Kong Baptist University's hostel and academic building complex. The project includes implementing security solutions for 1,700 living spaces and a four-level Creative Hub featuring an eSports stadium and advanced recording facilities. US$3.2 million will be recognized as revenue in 2024, with the remainder in 2025. The system integrates over 2,000 access control doors, CCTV, alarms, and pedestrian gates through a cloud-based, AI-enhanced operating system.

SU Group Holdings (Nasdaq: SUGP) has announced a significant agreement to install a Smart Site Safety System (4S) at a major Hong Kong hospital. This marks the company's entry into a new, government-mandated market that utilizes AI and IoT technologies to enhance workplace safety. The 4S system became mandatory in Hong Kong on July 1, 2024, aiming to prevent construction accidents in public works contracts.

SU Group's 4S system integrates AI and IoT to provide comprehensive safety features, including:

• Safety monitoring using AI-based cameras and sensors
• Centralized management with real-time dashboards
• Digitized tracking of site equipment
• Digitalized permit-to-work system for high-risk activities
• Hazardous areas access control
• Real-time alerts for unsafe situations
• Smart monitoring devices for workers
• Confined spaces monitoring system
• Enhanced safety training using virtual reality