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United States

Shan Dong Sun Paper Industry Joint Stock Co Ltd (002078.SZ)

002078.SZ on Shenzhen Stock Exchange

7.08CNY
30 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Shandong Sun Paper sees Q1 net profit up 180-230 pct
Friday, 24 Mar 2017 04:35am EDT 

Shandong Sun Paper Industry Joint Stock Co Ltd <002078.SZ> :Says it expects Q1 net profit to rise 180-230 percent y/y to 397.2-468.1 million yuan ($57.68-$67.98 million).  Full Article

Shan Dong Sun Paper Industry Joint Stock completes establishment of biomaterial unit in US
Monday, 13 Mar 2017 10:52pm EDT 

Shan Dong Sun Paper Industry Joint Stock Co Ltd <002078.SZ> :Says co completes establishment of wholly owned biomaterial unit in US, named Sun Bio Material (U.S.) Company.  Full Article

BRIEF-Shan Dong Sun Paper's controlling shareholder used shares as collateral
Friday, 3 Mar 2017 03:49am EST 

Shan Dong Sun Paper Industry Joint Stock Co Ltd <002078.SZ> :Says controlling shareholder has used 587.2 million shares in the company as collateral, representing 23.2 percent of total issued share capital.  Full Article

Shan Dong Sun Paper Industry Joint Stock to raise stake in household paper unit to 97.4 pct from 80 pct
Tuesday, 27 Sep 2016 10:58pm EDT 

Shan Dong Sun Paper Industry Joint Stock Co., Ltd.<002078.SZ>:Says it plans to invest 200 million yuan to raise stake in Shandong-based household paper unit to 97.4 percent from 80 percent.  Full Article

Shan Dong Sun Paper Industry Joint Stock to pay 2015 dividend on July 13
Tuesday, 5 Jul 2016 10:21pm EDT 

Shan Dong Sun Paper Industry Joint Stock Co Ltd <002078.SZ>: Says it will use undistributed profits to pay a cash dividend of 0.5 yuan (pre-tax) per 10 shares to shareholders of record on July 12 for 2015 .Says the company's shares will be traded ex-dividend on July 13 and the dividend will be paid on July 13.  Full Article

Shan Dong Sun Paper Industry Joint Stock issues H1 2016 net profit outlook
Wednesday, 27 Apr 2016 08:00pm EDT 

Shan Dong Sun Paper Industry Joint Stock Co Ltd:Sees net profit for the H1 2016 to increase 20 pct to 40 pct, or to be 302.12 mln yuan to 352.47 mln yuan.The net profit of the same period in 2015 was 251,767,500 yuan.  Full Article

Shan Dong Sun Paper Industry Joint Stock issues 1st tranche 2016 corporate bonds
Tuesday, 26 Apr 2016 08:00pm EDT 

Shan Dong Sun Paper Industry Joint Stock Co Ltd:Issues 1st tranche 2016 corporate bonds worth up 1 bln yuan, with coupon rate of 4.70 pct and a term of three years.Zhong De Securities CO., LTD. serves as the main underwriter.Proceeds to be used to adjust the structure of debt.  Full Article

Shan Dong Sun Paper Industry Joint Stock to merge with biotechnology unit
Sunday, 24 Apr 2016 08:00pm EDT 

Shan Dong Sun Paper Industry Joint Stock Co Ltd:Says the company to merge with its wholly owned biotechnology unit engaged in R&D, manufacture and sale of food additive xylitol, xylose and related products.Says the wholly owned unit to be dissolved after the transaction.  Full Article

Shan Dong Sun Paper Industry Joint Stock announces merger between units
Friday, 22 Apr 2016 08:00pm EDT 

Shan Dong Sun Paper Industry Joint Stock Co Ltd:Says its 75 pct owned Yanzhou-based unit engaged in manufacture and sale of high-end information paper to merge its 75 pct owned Yanzhou-based unit engaged in manufacture and sale of chemimechanical pulp.Says the unit engaged in manufacture and sale of chemimechanical pulp to be dissolved after the transaction.  Full Article

Shan Dong Sun Paper Industry Joint Stock announces 2015 dividend payment
Friday, 22 Apr 2016 08:00pm EDT 

Shan Dong Sun Paper Industry Joint Stock Co Ltd:To (use undistributed profits to) pay cash dividend of 0.5 yuan per 10 shares (before tax) to the company's shareholders for 2015.  Full Article

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