Epsium Enterprise Ltd (EPSM)

Epsium Enterprise Limited Appoints Mr. Ching Wan Wong as Chief Financial OfficerApril 30, 2026 6:20 PM
PR Newswire (US)

MACAU, April 30, 2026 /PRNewswire/ -- Epsium Enterprise Limited (Nasdaq: EPSM) (the "Company" or "Epsium") today announced the appointment of Mr. Wong Ching Wan as Chief Financial Officer of the Company, effective May 1, 2026.The Company also announced that Mr. Ming Yin Gordon Au Yeung, the current Chief Financial Officer, stepped down from the position effective April 30, 2026. The Company thanks Mr. Ming Yin Au Yeung for his contributions during his tenure. His departure was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.Mr. Wong brings over two decades of experience in financial reporting, internal controls, and regulatory compliance across U.S. and Hong Kong listed companies.Prior to joining Epsium, Ms. Wong served as Chief Financial Officer and Head of Reporting at Intelligent Living Application Group Inc., where he was responsible for SEC compliance and financial reporting.His previous experience also includes roles as a compliance advisor focusing on Hong Kong Stock Exchange and U.S. Securities and Exchange Commission listing requirements, as well as positions in financial control and reporting at a number of multinational and listed companies.Mr. Wong earlier served as Chief Financial Officer and Director of Fuqi International, Inc., where he oversaw internal controls and financial reporting for a U.S.-listed company.He holds a Bachelor of Business Administration in Accounting from The Chinese University of Hong Kong and a Master of Professional Business Administration from Troy University. "We are pleased to welcome Ms. Wong to Epsium as our Chief Financial Officer," said Mr. Son I Tam, Chairman and Chief Executive Officer of the Company. "His experience in SEC reporting and cross-border financial compliance will support our continued development as a Nasdaq-listed company and further strengthen our financial reporting and internal control framework."Mr. Wong commented, "I am pleased to join Epsium and look forward to working with the management team to enhance financial discipline and support the Company's ongoing development."About EPSIUM ENTERPRISE LIMITEDThrough its Macau operating entity, Companhia de Comércio Luz Limitada ("Luz"), a limited liability company established under the laws of Macau in 2010, EPSIUM is engaged in the import and wholesale distribution of primarily alcoholic beverages in Macau.Through Luz, the Company offers a broad portfolio of premium beverage products, consisting mainly of alcoholic beverages and, to a lesser extent, tea and fruit juice. Its product offerings include Chinese liquor, French cognac, Scotch whisky, fine wine, Champagne, and other beverage alcohol.Chinese liquor represents the Company's most significant product category, and the Company is a top wholesaler of high-end Chinese liquor in the Macau market.For more information, please visit the Company's website at www.epsium-group.com.Forward-Looking StatementsThis press release contains forward-looking statements. These statements are based on the Company's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements. Forward-looking statements can be identified by words such as "believes," "expects," "anticipates," "estimates," "intends," "plans," "will," "would," "should," "could," "may," or similar expressions. These forward-looking statements include, but are not limited to, statements regarding the Company's business strategy, operations, financial performance, product mix adjustments, channel expansion, and growth initiatives. Actual results may differ materially due to a number of factors, including, but not limited to, changes in market conditions, consumer demand, competitive dynamics, supply chain conditions, regulatory developments, and other risks described in the "Risk Factors" section of the Company's Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC"). The Company undertakes no obligation to update any forward-looking statements to reflect subsequent events or circumstances, except as required by applicable law. Additional information is available in the Company's filings with the SEC at www.sec.gov.For more information, please contact:EPSIUM ENTERPRISE LIMITEDInvestor Relations DepartmentEmail: investor.relations@epsium-group.com



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Original: Epsium Enterprise Limited Appoints Mr. Ching Wan Wong as Chief Financial Officer

Epsium Enterprise Limited Files Annual Report on Form 20-F for Fiscal Year 2025April 29, 2026 3:12 PM
PR Newswire (US)

MACAU, April 29, 2026 /PRNewswire/ -- Epsium Enterprise Limited (Nasdaq: EPSM) (the "Company" or "Epsium"), an importer and wholesaler of premium alcoholic beverages in Macau, today announced that it has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission (the "SEC").The Annual Report, which includes the Company's audited consolidated financial statements prepared in accordance with U.S. GAAP, is available on the SEC's website at www.sec.gov.Fiscal Year 2025 OverviewFor the fiscal year ended December 31, 2025, Epsium reported net revenue of approximately $5.1 million, compared to $12.5 million in the prior year. The decline primarily reflected softer demand in Macau's wholesale market for lower-priced alcoholic beverages following a period of post-pandemic normalization, as well as increased price competition and more cautious consumer spending.Gross profit was $753,769 for the year, compared to $1.6 million in 2024. Gross margin improved to 14.7% from 12.8% in the prior year, reflecting the initial impact of the Company's ongoing product mix adjustment toward higher-margin premium products distributed through casino and hotel channels.Total operating expenses were approximately $2.2 million, compared to $1.2 million in 2024. The increase was primarily driven by higher general and administrative expenses associated with operating as a public company following the Company's Nasdaq listing in March 2025, as well as an inventory impairment charge recorded during the year.Net loss for fiscal year 2025 was approximately $(1.5) million, compared to net income of $284,694 in 2024.Balance Sheet and LiquidityAs of December 31, 2025, the Company reported cash and cash equivalents of approximately $2.0 million, compared to $0.1 million at the end of 2024. The increase was primarily supported by proceeds from the Company's initial public offering, partially offset by cash used in operating activities and offering-related expenses.Working capital was approximately $11.3 million as of year-end 2025, compared to $8.1 million in the prior year, reflecting an overall strengthening of the Company's balance sheet.Business UpdateEpsium conducts substantially all of its operations through its Macau subsidiary, Companhia de Comércio Luz Limitada ("Luz"), which is engaged in the import and wholesale distribution of premium alcoholic beverages, including Chinese liquor, cognac, whisky, wine, and champagne.Chinese liquor remains the Company's largest revenue contributor. At the same time, the Company has been adjusting its product mix and distribution strategy, with increased focus on higher-margin channels such as casinos and hotels. These channels typically involve sales formats such as consignment, promotional programs, and customer reward-based distribution, which management believes may offer relatively stronger margin profiles compared to the broader wholesale market.The Company has also been working to diversify its product portfolio beyond its historically concentrated categories, as part of its broader effort to adapt to evolving market demand and competitive dynamics.Initial Public OfferingOn March 27, 2025, the Company completed its initial public offering of 1,250,000 Class A ordinary shares at a public offering price of $4.00 per share. The shares began trading on the Nasdaq Capital Market on March 26, 2025 under the ticker symbol "EPSM."The Company received aggregate gross proceeds of approximately $5.0 million from the offering, before deducting underwriting discounts and offering-related expenses.Management Commentary"Fiscal year 2025 marked an important milestone for Epsium as we completed our Nasdaq listing and strengthened our capital base," said Mr. Son I Tam, Chairman, Chief Executive Officer and Founder of Epsium Enterprise Limited. "While our revenue reflected a more challenging market environment in the wholesale segment, we continued to advance our efforts to optimize our product mix and expand our presence in higher-margin channels such as casinos and hotels. We believe these initiatives position the Company to better navigate market conditions and support our long-term development."About EPSIUM ENTERPRISE LIMITEDThrough its Macau operating entity, Companhia de Comércio Luz Limitada ("Luz"), a limited liability company established under the laws of Macau in 2010, EPSIUM is engaged in the import and wholesale distribution of primarily alcoholic beverages in Macau.Through Luz, the Company offers a broad portfolio of premium beverage products, consisting mainly of alcoholic beverages and, to a lesser extent, tea and fruit juice. Its product offerings include Chinese liquor, French cognac, Scotch whisky, fine wine, Champagne, and other beverage alcohol.Chinese liquor represents the Company's most significant product category, and the Company is a top wholesaler of high-end Chinese liquor in the Macau market.For more information, please visit the Company's website at www.epsium-group.com.Forward-Looking StatementsThis press release contains forward-looking statements. These statements are based on the Company's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements. Forward-looking statements can be identified by words such as "believes," "expects," "anticipates," "estimates," "intends," "plans," "will," "would," "should," "could," "may," or similar expressions. These forward-looking statements include, but are not limited to, statements regarding the Company's business strategy, operations, financial performance, product mix adjustments, channel expansion, and growth initiatives. Actual results may differ materially due to a number of factors, including, but not limited to, changes in market conditions, consumer demand, competitive dynamics, supply chain conditions, regulatory developments, and other risks described in the "Risk Factors" section of the Company's Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC"). The Company undertakes no obligation to update any forward-looking statements to reflect subsequent events or circumstances, except as required by applicable law. Additional information is available in the Company's filings with the SEC at www.sec.gov.For more information, please contact:EPSIUM ENTERPRISE LIMITEDInvestor Relations DepartmentEmail: investor.relations@epsium-group.com



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Original: Epsium Enterprise Limited Files Annual Report on Form 20-F for Fiscal Year 2025

Epsium Enterprise Limited Announces Board ChangesMarch 31, 2026 5:15 PM
PR Newswire (US)

MACAU, March 31, 2026 /PRNewswire/ -- Epsium Enterprise Limited (Nasdaq: EPSM) ("Epsium" or the "Company") today announced a change in the composition of its Board of Directors (the "Board"), effective as of the dates described below.Mr. Kewei Joshua Cui has resigned from his positions as a member of the Board, the Audit Committee, the Compensation Committee, and the Nominating Committee of the Board, including as Chairperson of the Compensation Committee, effective March 31, 2026. Mr. Cui's resignation was for personal reasons and was not the result of any disagreement with the Company's management or the Board over any matter relating to the Company's operations, policies, or practices.In connection with Mr. Cui's departure, the Board has appointed Mr. Chun Kit Wong as an independent director and member of the Audit Committee, the Compensation Committee, and the Nominating Committee of the Board, including as Chairperson of the Compensation Committee, effective April 1, 2026. The Board has determined that Mr. Wong satisfies the independence requirements set forth in Rule 5605(a)(2) of the Nasdaq Listing Rules. Mr. Wong's appointment was made upon the recommendation of the Nominating Committee.Mr. Chun Kit Wong, age 39, brings extensive experience in finance, accounting, and corporate management. Since January 2025, Mr. Wong has served as Chief Financial Officer of One and One Green Technologies, Inc., where he oversees finance and accounting functions and advises on long-term business and financial planning. Prior to that role, Mr. Wong served as Head of Corporate Finance at a Chinese real estate enterprise from June 2023, leading corporate finance initiatives including mergers and acquisitions, financing transactions, financial advisory, and compliance matters. From March 2021 to June 2023, Mr. Wong served as Vice President at Guosen Securities (HK) Capital Company Limited, where he was responsible for originating and evaluating corporate finance engagements. Mr. Wong holds a Bachelor of Commerce in Accountancy from Hong Kong Baptist University.In connection with Mr. Wong's appointment, the Company entered into an Independent Director Agreement dated April 1, 2026, pursuant to which Mr. Wong is entitled to receive annual compensation of USD $20,000, payable in equal monthly installments. The Company has also entered into an indemnification agreement with Mr. Wong on the same date.The foregoing description of the Independent Director Agreement is a summary only and is qualified in its entirety by reference to the full text of the agreement, which has been filed as Exhibit 10.1 to the Company's current report on Form 6-K filed with the U.S. Securities and Exchange Commission on March 31, 2026.About EPSIUM ENTERPRISE LIMITEDThrough its Macau operating entity, Companhia de Comercio Luz Limitada ("Luz"), a limited liability company organized under Macau laws in 2010, EPSIUM is engaged in importing and wholesaling primarily alcoholic beverages in Macau. Through Luz, the Company imports and sells a broad range of premium beverages, primarily alcoholic beverages and, in 2022, a small quantity of tea and fruit juice. The alcoholic beverages the Company sells include Chinese liquor, French cognac, Scottish whiskey, fine wine, Champagne, and other miscellaneous beverage alcohol. Sales of Chinese liquor is by far the Company's most significant operations, and the Company is a top wholesaler of high-end Chinese liquor in Macau. For more information, please visit the Company's website: www.epsium-group.com.Forward-Looking StatementsCertain statements in this press release are forward-looking statements, including, but not limited to, the Company's proposed Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Offering will be successfully completed. Investors can find many (but not all) of these statements by the use of words such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. These statements are subject to uncertainties and risks, including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the "Risk Factors" section of the Registration Statement filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov.For more information, please contact:EPSIUM ENTERPRISE LIMITEDInvestor Relations DepartmentEmail: investor.relations@epsium-group.com



View original content:https://www.prnewswire.com/news-releases/epsium-enterprise-limited-announces-board-changes-302730527.htmlSOURCE Epsium Enterprise Limited

Original: Epsium Enterprise Limited Announces Board Changes

$EPSM: $3:15.............. yooooooooooooooooooooo


Looking good broooooooooooooooooooo


GO $EPSM

$EPSM: And now she's rollin............... now $2.70

Took a few months to get her shyte together.


GO $EPSM

EPSM........................................p/m

EPSIUM is a leading premium alcoholic beverage distributor in Macau, primarily supplying to the city's major integrated resort operators. Era Future, by contrast, focuses on producing and managing large-scale entertainment events. The two companies share an overlapping client base, and their collaboration is expected to create strong synergies: entertainment events such as concerts and variety shows drive significant foot traffic, which can in turn boost beverage sales at the venues, including premium alcoholic products supplied by EPSIUM. For integrated resorts and casinos, this combined offering of event hosting and beverage services can help attract and retain more visitors, creating value for both the venue operators and the partnership. At the same time, the initiative contributes to broader goals by fostering cross-industry synergies and enhancing Macau's cultural profile—further supporting its ambition to be a "City of Performing Arts" and a world-class international metropolis."Signing the MOU represents an important step as we continue to evaluate growth opportunities that could expand our presence in the entertainment and cultural sectors," said Son I Tam, Chief Executive Officer of EPSIUM. "Era Future plays a key role in bringing a wide range of performances and concerts to theMacau region. We look forward to collaborating closely with the top-tier event organizer to strengthen our presence in the local market and drive sales through this partnership."The MOU is not legally binding, and any definitive terms of the collaboration will be set out in formal agreements to be negotiated and executed by the parties. Both companies have agreed to maintain confidentiality regarding specific terms and details until further announcements are made in accordance with applicable laws and regulations.

s to sell 9,230,750 American Depositary Shares (ADS), along with warrants to purchase an equal number of ADSs, at a combined offering price of $1.30 per unit. The sale is expected to raise approximately $12 million in gross proceeds before deducting placement fees and other expenses.The warrant structure could lead to even greater dilution for existing shareholders. The warrants will be immediately exercisable upon issuance with an initial exercise price of $1.30 per ADS, which will be reset downward to $0.91 on the “First Reset Date” and further reduced to $0.65 on the “Second Reset Date.” Additionally, investors can exchange each warrant for three ADSs through a zero-cash exercise mechanism, amplifying potential share expansion.

Still one last juice pump left $4.34 + 20%

Oh no

All out what a monster move

EPSM monster

EPSM china beast coming in here

A wine seller in Macao, China, Totally a Scam.

Good China pump and dump Scam.

EPSM................................................https://stockcharts.com/sc3/ui/?s=EPSM&p=W&b=5&g=0&id=p86431144783

Wow! EPSM went to $155 in Sep:

2025-09-09, EPSM, $ 155.00, 665,280

$EPSM: They have Macallan and RemyMartin ???

I didn't know that................

Epsium Enterprise Ltd. operates as a holding company, which engages in import trading and distribution of wines and spirits. It offers a range of products, including Chinese liquor, French cognac, Scottish whisky, fine wines, champagne, and other miscellaneous alcoholic beverages. Its brands include Moutai, Xijiu, Wuliangye, Remy Martin Cognac, Macallan, Cointreau, Piper Heidsieck Champagne, French Fine Wines, Red and White Wines. The company was founded by Son I Tam on March 24, 2020 and is headquartered in Macau.



COoolllllllllllllll............ now cracking $2.... good day so far up from $1.30 yesterday


GO $EPSM

21s get out and never look back pump and dump 

Pump that liquor $15s 

$EPSM: $5.40........ ready to go now ????

Still deciding.

Macau based Liquor company...................

https://www.renaissancecapital.com/IPO-Center/News/110081/Macau-based-liquor-retailer-Epsium-Enterprise-prices-US-IPO-at-$4-the-low-e



GO $EPSM

$EPSM: IPO'ed now............. Now $4.60

Another CHINER IPO
Epsium Enterprise Ltd (China) to begin trading on Nasdaq as $EPSM
The offering of 1.25M shares was priced at $4.00 (from expected range $4.00 - $5.00).

Auction Start : 10:35
Trading Open From* : 10:45


Heres the detailed Prospectus for your VIEWING Pleasure............

https://www.sec.gov/Archives/edgar/data/1883437/000121390025022204/ea0233711-f1a10_epsium.htm


Might get some at $1.20



GO $EPSM