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Lead Eastern Investment Co Ltd (000673.SZ)

000673.SZ on Shenzhen Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Lead Eastern Investment plans cultural media JV with partners
Monday, 15 May 2017 05:37am EDT 

May 15(Reuters) - Lead Eastern Investment Co Ltd <000673.SZ> ::* Says it plans to set up a cultural media JV with partners .* The JV will be capitalized at 5 million yuan and engaged in film production and performance management business .* The company will hold 51 percent stake in it with investment of 2.55 million yuan .  Full Article

Lead Eastern Investment sees Q1 2017 net profit up about 30 pct
Monday, 17 Apr 2017 02:47am EDT 

April 17 (Reuters) - Lead Eastern Investment Co Ltd <000673.SZ>: :* Sees net profit for Q1 2017 to increase by about 30 percent, or to be about 15 million yuan, compared to net profit of the same period in 2016 (11.6 million yuan).* Comments that increased sales of main business is the main reason for the forecast.  Full Article

Lead Eastern Investment plans no div for FY 2016
Wednesday, 12 Apr 2017 11:03pm EDT 

Lead Eastern Investment Co Ltd <000673.SZ> :Says it plans to pay no div for FY 2016.  Full Article

Lead Eastern Investment unit to raise 51 pct stake in theater management firm via acquisition and capital injection
Thursday, 30 Mar 2017 05:13am EDT 

Lead Eastern Investment Co Ltd <000673.SZ> : Says co's wholly owned cultural transmission unit plans to buy 34 percent stake in a Hebei-based theater management firm ( target firm ) at 14.7 million yuan and then inject capital of 15.0 million yuan in it .Says the unit will raise stake in the target firm to 51 percent after transaction.  Full Article

Lead Eastern Investment's shareholder used 85.4 mln shares as collateral
Thursday, 2 Mar 2017 04:30am EST 

Lead Eastern Investment Co Ltd <000673.SZ> :Says shareholder has used 85.4 million shares in the company as collateral, representing 10.8 percent of total issued share capital.  Full Article

Lead Eastern Investment sees FY 2016 net profit up 67 pct
Thursday, 26 Jan 2017 12:51am EST 

Lead Eastern Investment Co Ltd <000673.SZ>: Sees net profit for FY 2016 up 67 percent, or to be 185 million yuan . Says the net profit of FY 2015 was 110.8 million yuan .Comments the development of film and television drama business is the main reason for the forecast.  Full Article

Lead Eastern Investment and unit sign cooperation agreements
Wednesday, 18 Jan 2017 05:03am EST 

Lead Eastern Investment Co Ltd <000673.SZ> : Says co signs cooperation framework agreement with a Zhujiang-based media firm, to cooperate on theater M&A projects . Says co signs strategic cooperation agreement with a Beijing-based tech firm, on content marketing big data service . Co signs strategic cooperation agreement with Guizhou-based e-commerce platform firm, on mutual-promoting of products .Co's cultural and media firm signs strategic cooperation agreements with Business Horizon International Group Ltd, a Beijing-based tech firm and a Beijing-based studio entertainment firm respectively.  Full Article

Lead Eastern Investment to set up cinema investment firm and entertainment firm with partners
Monday, 26 Dec 2016 06:13am EST 

Lead Eastern Investment Co Ltd <000673.SZ> : Says co plans to set up a cinema investment management firm with individual Wang Fei, and co will hold a 65 percent stake in it .Co plans to set up an entertainment firm with partners, and co will hold a 40 percent stake in it.  Full Article

Lead Eastern Investment plans culture and media JV, with partner
Wednesday, 26 Oct 2016 01:50am EDT 

Lead Eastern Investment Co Ltd <000673.SZ> : Says co plans to set up a culture and media JV, with individual Guo Binggang, to cooperate on theater business, variety show and advertisement business .Says JV with registered capital of 10 million yuan and co will hold a 51 percent stake in it.  Full Article

Lead Eastern Investment says 2016 H1 net profit as 35 mln yuan
Thursday, 14 Jul 2016 11:27pm EDT 

Lead Eastern Investment Co Ltd <000673.SZ>: Sees net profit for 2016 H1 to be 35 million yuan . Says the net profit of 2015 H1 was 25.9 million yuan .Comments that income from invested drama and film is the main reason for the forecast.  Full Article

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BRIEF-Lead Eastern Investment plans cultural media JV with partners

* The JV will be capitalized at 5 million yuan and engaged in film production and performance management business