Edition:
United States

Guangbo Group Stock Co Ltd (002103.SZ)

002103.SZ on Shenzhen Stock Exchange

11.51CNY
25 Sep 2017
Change (% chg)

¥-0.15 (-1.29%)
Prev Close
¥11.66
Open
¥11.67
Day's High
¥11.67
Day's Low
¥11.40
Volume
2,023,000
Avg. Vol
1,492,499
52-wk High
¥16.98
52-wk Low
¥11.02

Latest Key Developments (Source: Significant Developments)

Guangbo Group Stock sees 2016 net profit up 0-50 pct
Sunday, 30 Oct 2016 11:02pm EDT 

Guangbo Group Stock Co Ltd <002103.SZ>: Sees net profit for 2016 to increase by 0 percent to 50 percent, or to be 82.4 million yuan to 123.6 million yuan . Says the net profit of 2015 was 82.4 million yuan .Comments that increased investment income, as well as increased sales of stationery, online sales and service business are the main reasons for the outlook.  Full Article

Guangbo Group Stock acquires 26 percent stake in Geoswift Asset Management
Thursday, 14 Jul 2016 05:53am EDT 

Guangbo Group Stock Co Ltd <002103.SZ> : Says 26 percent stake in Geoswift Asset Management Limited has been transferred to the company .Says plan was disclosed on June 20.  Full Article

Guangbo Group scraps asset restructuring, acquires stake in payment services firm
Monday, 20 Jun 2016 02:46am EDT 

Guangbo Group Stock Co Ltd <002103.SZ> : Says it terminates asset restructuring, and to withdraw asset restructuring application from regulator .Says it signs agreement to acquire 26 percent stake in Geoswift Asset Management Ltd for $85.8 million.  Full Article

GUANGBO GROUP STOCK says 2015 dividend payment date
Thursday, 12 May 2016 03:40am EDT 

GUANGBO GROUP STOCK <002103.SZ> CO., LTD.: Says it will pay a cash dividend of 1.5 yuan (before tax) per 10 shares and use additional paid-in capital to distribute 5 new share for every 10 shares, to shareholders of record on May 17 for 2015 .Says the company's shares will be traded ex-right and ex-dividend on May 18 and the dividend will be paid on May 18.  Full Article

Guangbo Group Stock sees 2016 H1 net profit to rise by 10-60 pct
Monday, 2 May 2016 08:00pm EDT 

Guangbo Group Stock Co., Ltd:Sees 2016 H1 net profit to rise by 10-60 pct, or to be 27.3 mln yuan to 39.7 mln yuan.  Full Article

Guangbo Group Stock completes acquisition of 10 pct stake in Dalian technology firm
Thursday, 21 Apr 2016 08:00pm EDT 

Guangbo Group Stock Co., Ltd:Completes acquisition of 10 pct stake in Dalian technology firm for 40 million yuan on Oct. 30, 2015.Says the company holds a 10 pct stake in the Dalian-based technology firm.Plan was disclosed on July 30, 2015.  Full Article

Guangbo Group Stock announces 2015 dividend payment
Monday, 28 Mar 2016 08:00pm EDT 

Guangbo Group Stock Co., Ltd:To pay cash dividend of 1.5 yuan per 10 shares (before tax) and to use additional paid-in capital to distribute 5 new shares for every 10 shares to shareholders for 2015.  Full Article

Guangbo Group Stock to issue new shares to acquire company and raise fund
Tuesday, 19 Jan 2016 07:00pm EST 

Guangbo Group Stock Co., Ltd:To issue 47,396,520 A shares at 22.85 yuan per share and pay $165 million, to Geoswift Holding Limited (BVI) and two Ningbo-based investment companies, in exchange for 100 pct stake in Geoswift Asset Management Limited (BVI).Total acquisition price is up to $330 million.To issue up to 54,266,954 new shares at the price of 22.85 yuan per share, through private placement, to raise 1.24 billion yuan.Says part of the proceeds raised through private placement will be used to pay the cash consideration and brokerage fee in the acquisition.Says Wang Liping to cut stake in the company to 16.60 pct from 22.13 pct.Says Ren Hangzhong to cut stake in the company to 11.38 pct from 14.75 pct.The two Ningbo-based investment companies will raise stake in the company to 6.18 pct and 5.47 pct respectively.  Full Article

Guangbo Group Stock gives 2015 net profit outlook
Friday, 30 Oct 2015 08:00pm EDT 

Guangbo Group Stock Co., Ltd:Sees net profit for 2015 to increase 765 pct to 815 pct, or to be 80,340,300 yuan to 84,984,300 yuan.The net profit of 2014 was 9,287,900 yuan.Comments that are the main reasons for the forecast.  Full Article

Guangbo Group Stock raises Q1 to Q3 2015 net profit outlook
Wednesday, 14 Oct 2015 08:00pm EDT 

Guangbo Group Stock Co., Ltd:Sees net profit for 2015 Q1 to Q3 to increase 420 pct to 470 pct, or to be 50.2107 million yuan to 55.0386 million yuan.In the previous outlook, the company expected the net profit for 2015 Q1 to Q3 to increase 350 pct to 400 pct, or to be 43.4516 million yuan to 48.2795 million yuan.Says the net profit of 2014 Q1 to Q3 was 9.6559 million yuan.Comments that fluctuation of exchange of yuan against dollar is the main reason for the forecast.  Full Article