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

000657.SZ on Shenzhen Stock Exchange

15.51CNY
22 Sep 2017
Change (% chg)

¥0.02 (+0.13%)
Prev Close
¥15.49
Open
¥15.65
Day's High
¥15.66
Day's Low
¥15.16
Volume
12,166,261
Avg. Vol
13,111,125
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¥17.39
52-wk Low
¥10.93

Latest Key Developments (Source: Significant Developments)

China Tungsten and Hightech Materials sees H1 FY 2017 net profit up 999 pct to 1139 pct
Tuesday, 11 Jul 2017 01:47am EDT 

July 11(Reuters) - China Tungsten and Hightech Materials Co Ltd <000657.SZ> ::* Sees H1 FY 2017 net profit to increase by 999 percent to 1139 percent, or to be 55 million yuan to 62 million yuan.* Says H1 FY 2016 net profit was 5 million yuan.* The reasons for the forecast are increased cemented carbide products sales and improved gross profit margin.  Full Article

China Tungsten and Hightech Materials to dissolve Hunan-based trading subsidiary
Monday, 15 May 2017 02:36am EDT 

May 15(Reuters) - China Tungsten and Hightech Materials Co Ltd <000657.SZ> ::* Says it plans to dissolve its wholly owned metal trading subsidiary in Hunan and handle liquidation procedure .  Full Article

Shareholders reject China Tungsten and Hightech Materials' plan to halt restructuring
Thursday, 11 May 2017 09:14am EDT 

May 11 (Reuters) - China Tungsten and Hightech Materials Co Ltd <000657.SZ>:Says shareholders reject company's proposal to terminate asset restructuring.  Full Article

China Tungsten and Hightech Materials scraps asset acquisition
Tuesday, 18 Apr 2017 05:53am EDT 

April 18 (Reuters) - China Tungsten and Hightech Materials Co Ltd <000657.SZ>:Says it scraps asset acquisition as some target companies have recorded net losses in 2016 and Q1.  Full Article

China Tungsten and Hightech Materials expects to return to black in 2016, Q1
Thursday, 13 Apr 2017 12:15am EDT 

China Tungsten and Hightech Materials Co Ltd <000657.SZ> : Says prelim 2016 net profit of 13.3 million yuan ($1.93 million) versus net loss of 515.9 million yuan year ago .Says it expects Q1 to return to net profit of 20-27 million yuan versus net loss of 27.2 million yuan year ago.  Full Article

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