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China Tungsten and Hightech Materials Co Ltd (000657.SZ)

000657.SZ on Shenzhen Stock Exchange

14.40CNY
24 Mar 2017
Change (% chg)

¥-0.19 (-1.30%)
Prev Close
¥14.59
Open
¥14.62
Day's High
¥14.67
Day's Low
¥14.23
Volume
7,501,126
Avg. Vol
7,784,520
52-wk High
¥19.80
52-wk Low
¥12.77

Latest Key Developments (Source: Significant Developments)

China Tungsten and Hightech Materials gets state planner approval to acquire Germany's HPTec
Monday, 20 Feb 2017 06:05am EST 

China Tungsten and Hightech Materials Co Ltd <000657.SZ> :Says China's National Development and Reform Commission approves company's plan to acquire Germany's HPTec GmbH.  Full Article

China Tungsten and Hightech Materials sees 2016 Q3 net profit to be about 20-30 mln yuan
Monday, 17 Oct 2016 04:16am EDT 

China Tungsten and Hightech Materials Co Ltd <000657.SZ>: Sees net profit for Q1-Q3 of 2016 to be about 20 million yuan to 30 million yuan . Says the net loss of Q1-Q3 of 2015 was 171.6 million yuan .Comments that increased sales of tungsten and cemented carbide products is the main reason for the forecast.  Full Article

China Tungsten and Hightech Materials adjusts asset acquisition plan, to acquire stakes in five firms for 3.13 bln yuan via share issue
Thursday, 28 Jul 2016 11:23pm EDT 

China Tungsten and Hightech Materials Co Ltd <000657.SZ> : Says it adjusts asset acquisition plan, to acquire stakes in five firms for a combined 3.13 billion yuan ($470.36 million) .Says it plans to raise 2.07 billion yuan in private placement of shares to fund projects.  Full Article

China Tungsten and Hightech Materals expects to post profit in 2016 H1
Friday, 15 Jul 2016 03:35am EDT 

China Tungsten and Hightech Materals Co., Ltd.<000657.SZ>: Says it expects 2016 H1 net profit of 0.5-7 million yuan, to be out of the red compared with 2015 H1 . Says 2015 H1 net loss of 133.9 million yuan .Says increased tungsten products price is the main reason for the forecast.  Full Article

China Tungsten And Hightech Materials appoints new general manager
Sunday, 19 Jun 2016 10:50pm EDT 

China Tungsten And Hightech Materials Co Ltd <000657.SZ>:Says it appoints Xie Kangde as general manager to replace Wen Yuehua.  Full Article

China Tungsten and Hightech Materials announces no dividend payment for 2015
Tuesday, 26 Apr 2016 08:00pm EDT 

China Tungsten and Hightech Materials Co Ltd:To pay no dividend to shareholders for 2015.  Full Article

China Tungsten and Hightech Materials issues Q1 2016 net loss outlook
Tuesday, 19 Apr 2016 08:00pm EDT 

China Tungsten and Hightech Materials Co Ltd:Sees net loss for Q1 2016 to be 26 million yuan to 30 million yuan, compared to net loss of Q1 in 2015 (82.26 million yuan).Says decreased sale volume of core products and higher fixed cost are main reasons for the outlook.  Full Article

China Tungsten and Hightech Materials plans acquisition, share issue
Monday, 1 Feb 2016 07:00pm EST 

China Tungsten and Hightech Materials Co Ltd:Says plans to acquire stakes in five firms for about 3.04 billion yuan ($462.15 million) via share issue.Says plans to raise up to 3.04 billion yuan in private placement of shares to fund projects, repay loans.  Full Article

China Tungsten and Hightech Materials to raise up to 5 bln yuan
Monday, 1 Feb 2016 07:00pm EST 

China Tungsten and Hightech Materials Co Ltd:Says planned to raise up to 5 billion yuan via private placement of share issue.Says proceeds to be used for five projects and supplement of working capital.  Full Article

China Tungsten and Hightech Materials issues 2015 net loss outlook
Thursday, 14 Jan 2016 07:00pm EST 

China Tungsten and Hightech Materials Co Ltd:Says net loss outlook for 2015 to be 530 million yuan to 480 million yuan.Says the net profit of 2014 was 22.01 mln yuan.Says that decreased demand and market price are the main reasons for the forecast.  Full Article

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