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Vanfund Urban Investment and Development Co Ltd (000638.SZ)

000638.SZ on Shenzhen Stock Exchange

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26 May 2017
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Latest Key Developments (Source: Significant Developments)

Vanfund Urban Investment and Development to pay no div for FY 2016
Thursday, 27 Apr 2017 10:23pm EDT 

April 28 (Reuters) - Vanfund Urban Investment and Development Co Ltd <000638.SZ> ::* Says it plans to pay no div for FY 2016.  Full Article

Vanfund Urban Investment and Development sees FY 2017 Q1 net loss to be 3 mln yuan to 5 mln yuan
Monday, 17 Apr 2017 03:20am EDT 

April 17 (Reuters) - Vanfund Urban Investment and Development Co Ltd <000638.SZ> ::* Sees FY 2017 Q1 net loss to be 3 million yuan to 5 million yuan .* Says the net profit of FY 2016 Q1 was 9.0 million yuan.* Says that investment income from sale of unit recorded in the same period last year as main reason for the forecast.  Full Article

Vanfund Urban Investment & Development's top shareholder to raise stake in co to 42.86 pct from 37.69 pct
Wednesday, 25 Jan 2017 11:05pm EST 

Vanfund Urban Investment & Development Co Ltd <000638.SZ> : Says co's top shareholder Beijing Wanfangyuan Real Estate Development Company enters into agreement to buy 16 million shares from Wuhu Huarong Yushang Investment Center (LLP) . Says Beijing Wanfangyuan Real Estate Development Company will raise stake in co to 42.86 percent from 37.69 percent .Wuhu Huarong Yushang Investment Center (LLP)'s stake in co will be cut to 0 percent from 5.17 percent.  Full Article

Vanfund Urban Investment and Development sees FY 2016 net profit to be 10 mln yuan to 15 mln yuan
Friday, 20 Jan 2017 03:19am EST 

Vanfund Urban Investment and Development <000638.SZ>: Sees net profit for FY 2016 to be 10 million yuan to 15 million yuan . Says the net loss of FY 2015 was 35.4 million yuan .Comments the transfer of subsidiary and business development of subsidiaries are the main reasons for the forecast.  Full Article

Vanfund Urban Investment & Development adjusts stake sale and acquisition plan
Thursday, 19 Jan 2017 10:56pm EST 

Vanfund Urban Investment & Development Co Ltd <000638.SZ> : Says co adjusts sale price for 90 percent stake in trading firm to 23.8 million yuan from 3.7 million yuan previously . Says co adjusts acquisition price for 60 percent stake in Chengdu XinTong WangYi Medical Science and Technology Development Co Ltd to 187.4 million yuan from 186 million yuan .Co also adjusts acquisition price for 100 percent stake in Sichuan-based network firm to 500.9 million yuan from 600 million yuan.  Full Article

Vanfund Urban Investment and Development to buy 10 pct stake in investment JV from partners
Tuesday, 27 Dec 2016 04:45am EST 

Vanfund Urban Investment and Development Co Ltd <000638.SZ> : Says co plans to acquire another 10 percent stake in an investment management JV from two partners, at 6 million yuan .Co is holding a 40 percent stake in the JV at president.  Full Article

Vanfund Urban Investment & Development completes sale of stake in investment firm
Monday, 19 Dec 2016 11:58pm EST 

Vanfund Urban Investment & Development Co Ltd <000638.SZ> : Says it completes sale of 85 percent stake in investment firm .Previous plan was disclosed on Dec. 9.  Full Article

Vanfund Urban Investment & Development to sell 85 pct stake in investment firm for 35 mln yuan
Thursday, 8 Dec 2016 10:47pm EST 

Vanfund Urban Investment & Development Co Ltd <000638.SZ> :Says it enters into agreement to sell 85 percent stake in a Cangzhou-based construction investment firm, for 35 million yuan.  Full Article

BRIEF-Vanfund Urban Investment's infrastructure unit to cut registered capital
Thursday, 1 Dec 2016 05:06am EST 

Vanfund Urban Investment & Development Co Ltd <000638.SZ> :Says its infrastructure unit to reduce registered capital to 51 million yuan ($7.40 million) from 651 million yuan due to asset restructuring.  Full Article

Vanfund Urban Investment & Development completes establishment of unit in HK
Thursday, 22 Sep 2016 11:30pm EDT 

Vanfund Urban Investment & Development Co Ltd <000638.SZ> :Says it completes establishment of wholly owned unit Wanfang Development(Hong Kong)Industrial Limited, in Hong Kong, with investment of $15 million.  Full Article

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