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Ningxia Zhongyin Cashmere Co Ltd (000982.SZ)

000982.SZ on Shenzhen Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Ningxia Zhongyin Cashmere names BDO CHINA SHU LIN PAN CERTIFIED PUBLIC ACCOUNTANTS LLP as auditor
Tuesday, 29 Nov 2016 04:13am EST 

Ningxia Zhongyin Cashmere Co., Ltd.<000982.SZ>:Says it names BDO CHINA SHU LIN PAN CERTIFIED PUBLIC ACCOUNTANTS LLP as auditor for FY 2016.  Full Article

Ningxia Zhongyin Cashmere expects to post 220-280 mln yuan net loss in 2016 H1
Friday, 15 Jul 2016 02:05am EDT 

Ningxia Zhongyin Cashmere Co., Ltd. <000982.SZ>: Says it expects 2016 H1 net loss of 220-280 million yuan .Says 2015 H1 net income was 13.6 million yuan.  Full Article

Ningxia Zhongyin Cashmere to swing to net loss in H1
Thursday, 14 Jul 2016 04:35am EDT 

Ningxia Zhongyin Cashmere Co Ltd <000982.SZ> :Says it expects H1 to swing to net loss of 220-280 million yuan ($32.90-$41.87 million) versus net profit of 13.6 million yuan year ago.  Full Article

Ningxia Zhongyin Cashmere announces no dividend payment for 2015
Wednesday, 27 Apr 2016 08:00pm EDT 

Ningxia Zhongyin Cashmere Co Ltd:To pay no dividend for 2015.  Full Article

Ningxia Zhongyin Cashmere issues Q1 2016 net profit outlook
Thursday, 14 Apr 2016 08:00pm EDT 

Ningxia Zhongyin Cashmere Co Ltd:Sees net profit for 2016 Q1 to be -80 million yuan to -110 million yuan.Says the net profit of 2015 Q1 was 5.4462 million yuan.Comments the decreased sales and increased financial costs are the main reasons for the forecast.  Full Article

Ningxia Zhongyin Cashmere announces fund company to invest in wholly owned subsidiary
Wednesday, 24 Feb 2016 07:00pm EST 

Ningxia Zhongyin Cashmere Co Ltd:Says a fund company to invest 65 mln yuan in the company's wholly owned Ningxia-based costume subsidiary and the fund company to hold 24.1 pct stake in the company's wholly owned subsidiary after investment.  Full Article

Ningxia Zhongyin Cashmere raises 2015 net profit outlook
Thursday, 14 Jan 2016 07:00pm EST 

Ningxia Zhongyin Cashmere Co Ltd:Sees net profit for 2015 to decrease 19.48 pct to 8.89 pct, or to be 38 million yuan to 43 million yuan, compared to net profit of 2014 (47.1932 million yuan).In the previous outlook, the company expected the net profit for 2015 to decrease 95.76 pct to 89.41 pct, or to be 2 million yuan to 5 million yuan.Comments that increased sales of Chinese patent medicine products and ginseng processing products, and increased subsidy from government are the main reasons for the forecast.  Full Article

Ningxia Zhongyin Cashmere announces completion of shareholding change
Thursday, 5 Nov 2015 07:00pm EST 

Ningxia Zhongyin Cashmere Co Ltd:Says its controlling shareholder a Ningxia-based group company completed to transfer 360 million shares (19.94 pct stake) in the company to a Shenzhen-based investment center (limited partnership).  Full Article

Ningxia Zhongyin Cashmere updates shareholding changes
Friday, 23 Oct 2015 08:00pm EDT 

Ningxia Zhongyin Cashmere Co Ltd:Says its controlling shareholder that a Ningxia-based group company planned to transfer 360 mln shares (19.94 pct stake) in the company to a Shenzhen-based investment center (limited partnership).Says controlling shareholder has transfered 260 mln shares in the company to the Shenzhen-based investment center (limited partnership).Controlling shareholder's stake in the company has decreased to 34.12 pct (615,940,444 shares) and Shenzhen-based investment center (limited partnership)'s stake in the company has increase to 14.40 pct (260 mln shares).  Full Article

Ningxia Zhongyin Cashmere issues Q1 to Q3 2015 net profit outlook
Wednesday, 14 Oct 2015 08:00pm EDT 

Ningxia Zhongyin Cashmere Co Ltd:Sees net profit for Q1 to Q3 2015 to decrease by 80~95 pct, or to be 8 mln yuan to 30 mln yuan, compared to net profit of Q1 to Q3 in 2014 (152,063,600 yuan).Says decreased average selling price, increased composite cost and decreased gross margin are main reasons for the outlook.  Full Article

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BRIEF-Ningxia Zhongyin Cashmere expects net loss to widen in 2016

* Says it expects net loss to widen to 950 million yuan-1.15 billion yuan in 2016 from 874.36 billion yuan ($127.48 billion) year ago