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Sansteel Minguang Co Ltd Fujian (002110.SZ)

002110.SZ on Shenzhen Stock Exchange

12.62CNY
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Sansteel Minguang returns to net profit of 922.5 mln yuan in 2016
Tuesday, 21 Feb 2017 06:54am EST 

Sansteel Minguang Co Ltd Fujian <002110.SZ> :Says prelim 2016 net profit at 922.5 million yuan ($134.06 million) versus net loss of 928.6 million yuan year ago.  Full Article

Sansteel Minguang appoints Li Lizhang as chairman
Sunday, 22 Jan 2017 09:38pm EST 

Sansteel Minguang Co Ltd <002110.SZ> :Says it appoints Li Lizhang as chairman.  Full Article

Shanghai fund management firm to raise stake in Sansteel Minguang to 11.6 pct from 0 pct
Thursday, 29 Sep 2016 11:31pm EDT 

Sansteel Minguang Co., Ltd., Fujian<002110.SZ>:Says a Shanghai-based fund management firm to raise stake in the co to 11.6 percent from 0 percent, after new shares issuance of the co.  Full Article

Sansteel Minguang completes company acquisition and fund raising
Thursday, 29 Sep 2016 12:11am EDT 

Sansteel Minguang Co., Ltd., Fujian <002110.SZ>: Says it completed acquisition of Fujian-based steel company and land using right via share issuance and cash payment .Says it raised about 3 billion yuan fund for cash payment of the transaction, project construction, loan repayment and supplement of working capital.  Full Article

Sansteel Minguang returns to net profit in H1
Thursday, 25 Aug 2016 05:30am EDT 

Sansteel Minguang Co Ltd Fujian <002110.SZ> :Says it returns to net profit of 360.3 million yuan ($54.15 million) versus net loss of 269.1 million yuan year ago.  Full Article

Sansteel MinGuang updates lawsuit progress
Tuesday, 5 Jul 2016 10:51pm EDT 

Sansteel MinGuang Co Ltd Fujian <002110.SZ>: Says the Fuzhou City Gulou district people's court dismissed the complaint filed by Fuzhou branch of China Everbright Bank, Fuzhou Hudong branch of Haixia Bank of Fujian and Fuzhou branch of China Minsheng Bank against the company regarding loan contract dispute .Say previous announcement was disclosed on July 21, 2015, Aug. 8, 2015, Aug. 18, 2015, Dec. 3, 2015 and Jan. 16, 2016.  Full Article

Sansteel Minguang scraps asset restructuring plan
Tuesday, 14 Jun 2016 05:51am EDT 

Sansteel Minguang Co Ltd Fujian <002110.SZ> :Says it scraps asset restructuring plan, shares to resume trading on June 15.  Full Article

Sansteel MinGuang Co Ltd Fujian issues H1 2016 net profit outlook
Wednesday, 27 Apr 2016 08:00pm EDT 

Sansteel MinGuang Co Ltd Fujian:Sees net profit for H1 2016 to be 236,840,000 yuan to 371,420,000 yuan, compared to net profit of the same period in 2015 (a loss of 269,144,800 yuan).Comments that improved sales of steel business is main reason for the outlook.  Full Article

Sansteel MinGuang Co Ltd Fujian completes acquisition of assets
Monday, 11 Apr 2016 08:00pm EDT 

Sansteel MinGuang Co Ltd Fujian:Completes acquisition of assets (steel assets, land site) for a combined 3.1 billion yuan.Plan was disclosed on Jan. 14.  Full Article

Sansteel MinGuang Co Ltd Fujian updates lawsuit progress
Wednesday, 6 Apr 2016 08:00pm EDT 

Sansteel MinGuang Co Ltd Fujian:Says the Fuzhou cuty gulou district people's court dismisses the complaint filed by Fuzhou branch of China Minsheng Banking Corp., Ltd against the company, controlling shareholder and two Sanming-based companies, regarding loan contract dispute.Previous announcement was disclosed on Aug. 18.  Full Article

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