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Shandong Chenming Paper Holdings Ltd (000488.SZ)

000488.SZ on Shenzhen Stock Exchange

12.34CNY
2:52am EDT
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Latest Key Developments (Source: Significant Developments)

Shandong Chenming Paper Holdings issues 1 bln yuan super-short-term commercial paper
Sunday, 19 Mar 2017 10:37pm EDT 

Shandong Chenming Paper Holdings Limited<000488.SZ>: Says it issued 1 billion yuan worth super-short-term commercial paper, with a term of 181 days .Says the annual interest rate at 4.91 percent.  Full Article

Chenming Paper's shareholders add HK$674.6 mln worth of company shares
Tuesday, 14 Mar 2017 09:29am EDT 

Shandong Chenming Paper Holdings Ltd <000488.SZ><1812.HK><200488.SZ> :Says controlling shareholder, its party acting in concert have bought 24.5 million H-shares, 69.2 million B-shares in the company for HK$674.6 million ($86.84 million) between January 13, 2016 and March 9, 2017.  Full Article

Shandong Chenming Paper Holdings issues 2017 2nd tranche super short-term debentures worth 1 bln yuan
Thursday, 9 Mar 2017 10:03pm EST 

Shandong Chenming Paper Holdings Ltd <000488.SZ> : Says it issues 2017 second tranche super short-term debentures worth 1 billion yuan with coupon rate of 4.87 percent and a term of 252 days .Says co will pay cash of 4.36 yuan per share as preferred stock dividend, on March 17.  Full Article

Shandong Chenming Paper Holdings to sell property for 82 mln yuan
Wednesday, 1 Mar 2017 03:30am EST 

Shandong Chenming Paper Holdings Ltd <000488.SZ> :Says it enters into contract to sell a Baijing-based property for 82 million yuan by May 14.  Full Article

Shandong Chenming Paper's profit doubles in 2016, plans to set up insurance firm
Friday, 17 Feb 2017 07:42am EST 

Shandong Chenming Paper Holdings Ltd <000488.SZ><1812.HK> : Says 2016 net profit up 102.11 percent y/y at 2.06 billion yuan ($300.07 million) . Says it plans to set up life insurance firm with registered capital of 3.0 billion yuan with partners . Says it plans paper production project with investment about 3.76 billion yuan . Says it plans to issue up to 16.8 billion yuan commercial paper, 6.0 billion yuan medium-term notes . Says it plans to issue up to 4.5 financing instruments .Says financial leasing firm plans debt finacing worth up to 1.0 billion yuan.  Full Article

Shandong Chenming Paper Holdings issues 2017 1st tranche super short-term debentures worth 1 bln yuan
Wednesday, 11 Jan 2017 09:42pm EST 

Shandong Chenming Paper Holdings Ltd <000488.SZ> :Says it issues 2017 first tranche 256-day super short-term debentures worth 1 billion yuan with coupon rate of 4.87 percent.  Full Article

Shandong Chenming Paper Holdings issues 2017 1st tranche short-term financing bill worth 1.5 bln yuan
Monday, 9 Jan 2017 10:42pm EST 

Shandong Chenming Paper Holdings Ltd <000488.SZ> :Says it issues 2017 first tranche short-term financing bills worth 1.5 billion yuan with coupon rate of 4.89 percent, for loan repayment.  Full Article

Shandong Chenming Paper sees 2016 net profit up 90-110 pct
Monday, 9 Jan 2017 04:10am EST 

Shandong Chenming Paper Holdings Ltd <000488.SZ><200488.SZ><1812.HK> :Says it expects 2016 net profit to rise 90-110 percent y/y to about 1.95-2.15 billion yuan ($281.27-$310.12 million).  Full Article

Shandong Chenming Paper received a statutory demand in respect of alleged claims
Wednesday, 26 Oct 2016 05:12am EDT 

Shandong Chenming Paper Holdings Ltd <000488.SZ> : Company received a statutory demand in respect of alleged claims for total amount of contractual compensation of RMB167.9 million . At present, production and operation of company remain normal with growth in production and sales volume . Demand also consists of legal costs of USD3.5 million and interest thereon and arbitration fees of HKD3.3 million . Expects that there will not be material adverse effect on ordinary production and operation of co . Statutory demand requested company to repay debts within 21 days from date of receipt of statutory demand .Claims made by an alleged creditor pursuant to companies ordinance delivered to company on 18 october 2016.  Full Article

Shandong Chenming Paper Holdings sees 2016 Q1 to Q3 net profit outlook up 170 pct to 190 pct
Wednesday, 12 Oct 2016 03:39am EDT 

Shandong Chenming Paper Holdings <000488.SZ>: Sees net profit for 2016 Q1 to Q3 up 170 percent to 190 percent, or to be 1.5 billion yuan to 1.6 billion yuan .Says the net profit of 2015 Q1 to Q3 was 561.3 million yuan.  Full Article

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