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Greatoo Intelligent Equipment Inc (002031.SZ)

002031.SZ on Shenzhen Stock Exchange

3.07CNY
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Greatoo Intelligent Equipment sees H1 2017 net profit up 20-70 pct
Friday, 28 Apr 2017 04:56am EDT 

April 28 (Reuters) - Greatoo Intelligent Equipment Inc <002031.SZ>: :* Sees net profit for H1 2017 to increase by 20 percent to 70 percent, or to be 23.8 million yuan to 33.8 million yuan, compared to net profit of the same period in 2016 (19.9 million yuan).* Comments that increased sales of products and subsidiary is the main reason for the forecast.  Full Article

Greatoo Intelligent Equipment unit plans robot and intelligent manufacturing institute
Sunday, 25 Sep 2016 09:26pm EDT 

Greatoo Intelligent Equipment Inc.<002031.SZ>:Says its wholly owned unit plans to invest 1 million yuan to set up institute in Guangzhou for researches on industrial robot and intelligent manufacturing.  Full Article

Greatoo Intelligent Equipment adjusts purchase price for stake in OPS
Tuesday, 23 Aug 2016 05:20am EDT 

Greatoo Intelligent Equipment Inc <002031.SZ> :Says it adjusts purchase price for 21.32 percent stake in OPS (OPS-INGERSOLL Funkenerosion GmbH) to no more than 12 million euro from 10 million euro previously.  Full Article

Greatoo Intelligent Equipment to pay 2015 div on June 30
Thursday, 23 Jun 2016 01:54am EDT 

Greatoo Intelligent Equipment Inc <002031.SZ> :Says it plans to pay 2015 dividend on June 30.  Full Article

Greatoo Intelligent Equipment sees 2016 H1 net profit to decrease by 95 pct to 55 pct
Monday, 2 May 2016 08:00pm EDT 

Greatoo Intelligent Equipment Inc:Sees 2016 H1 net profit to decrease by 95 pct to 55 pct, or to be 3.5 mln yuan to 31.6 mln yuan.  Full Article

Greatoo Intelligent Equipment announces 2015 dividend payment
Sunday, 17 Apr 2016 08:00pm EDT 

Greatoo Intelligent Equipment Inc:To use undistributed profits to pay a cash dividend of 1 yuan (pre-tax) per 10 shares to shareholders for 2015.To distribute four new shares for every 10 shares as stock dividends.To use additional paid-in capital to distribute 16 new shares for every 10 shares.  Full Article

Greatoo Intelligent Equipment says shareholder Zheng Minglue cuts stake in co
Thursday, 14 Apr 2016 08:00pm EDT 

Greatoo Intelligent Equipment Inc:Says its shareholder Zheng Minglue cuts stake in the company to 4.92 pct down from 8.33 pct by selling 25 million shares.  Full Article

Greatoo Intelligent Equipment issues 2016 Q1 net profit outlook
Sunday, 10 Apr 2016 11:45pm EDT 

Greatoo Intelligent Equipment Inc:Sees net profit for 2016 Q1 to decrease by 70 percent to 90 percent, or to be 4,800,600 yuan to 14,401,800 yuan.Says the net profit of 2015 Q1 was 48,005,800 yuan.Comments that traditional products orders decrease due to the American "Double Reverse" investigations and delay in part of the product payments are the main reasons for the forecast.  Full Article

Greatoo Intelligent Equipment enters agreement with Zhejiang-based equity investment fund management firm
Sunday, 10 Apr 2016 11:45pm EDT 

Greatoo Intelligent Equipment Inc:Enters a cooperation agreement with Zhejiang-based equity investment fund management firm, on investment in intelligent robot and intelligent equipment manufacturing industry area.  Full Article

Greatoo Intelligent Equipment to boost 21.32 pct stake in OPS
Monday, 4 Apr 2016 08:00pm EDT 

Greatoo Intelligent Equipment Inc:To buy 23,550 shares (21.32 pct stake) in OPS-INGERSOLL Funkenerosion GmbH from Reiner Jung OPS GmbH & Co. KG, by cash payment of up to 10 million euros.  Full Article

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BRIEF-Greatoo Intelligent Equipment sees H1 2017 net profit up 20-70 pct

* Sees net profit for H1 2017 to increase by 20 percent to 70 percent, or to be 23.8 million yuan to 33.8 million yuan, compared to net profit of the same period in 2016 (19.9 million yuan)