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Tianma Bearing Group Co Ltd (002122.SZ)

002122.SZ on Shenzhen Stock Exchange

10.50CNY
25 Jul 2017
Change (% chg)

¥-0.19 (-1.78%)
Prev Close
¥10.69
Open
¥10.60
Day's High
¥10.65
Day's Low
¥10.23
Volume
15,684,924
Avg. Vol
10,499,552
52-wk High
¥15.49
52-wk Low
¥6.05

Latest Key Developments (Source: Significant Developments)

Tianma Bearing to buy stake in Weimob and big data provider
Friday, 21 Jul 2017 08:28am EDT 

July 21 (Reuters) - Tianma Bearing Group Co Ltd <002122.SZ>:Says it plans to buy 60.4 percent stake in Weimob for 1.2 billion yuan ($177.36 million), to buy 56.3 percent stake in big data provider for 338.0 million yuan.Says share trade to resume on July 24.  Full Article

Tianma Bearing's board elects chairman
Friday, 9 Jun 2017 03:59am EDT 

June 9 (Reuters) - Tianma Bearing Group Co Ltd <002122.SZ>:Says board elects Fu Miao as chairman.  Full Article

Tianma Bearing Group sees H1 FY 2017 net profit to up 45 pct to 95 pct
Monday, 1 May 2017 03:34am EDT 

May 1 (Reuters) - Tianma Bearing Group Co Ltd <002122.SZ> ::* Sees H1 FY 2017 net profit to increase by 45 percent to 95 percent .* Says H1 FY 2016 net profit was 24.4 million yuan.* Says revenue from disposal of equity in units as main reason for the forecast.  Full Article

Tianma Bearing Group swings to red in 2016, scraps JV plan
Friday, 28 Apr 2017 04:09am EDT 

April 28 (Reuters) - Tianma Bearing Group Co Ltd <002122.SZ>:Says it scraps plan to jointly set up property insurance JV as it failed to meet requirements due to net loss in 2016.Says it swings to net loss of 252.2 million yuan ($36.57 million) in 2016 versus net profit of 47.2 million yuan year ago.  Full Article

Tianma Bearing Group sees Q1 FY 2017 net profit to up 20 pct to 70 pct
Friday, 31 Mar 2017 11:15am EDT 

Tianma Bearing Group Co Ltd <002122.SZ> : Sees Q1 FY 2017 net profit to increase by 20 percent to 70 percent, or to be 14.3 million yuan to 20.2 million yuan . Says Q1 FY 2016 net profit was 11.9 million yuan .Says cost control and increased sales volume as main reasons for the forecast.  Full Article

Tianma Bearing Group to sell 93.8 pct stake in bearing unit at 253.8 mln yuan
Monday, 20 Mar 2017 02:04am EDT 

Tianma Bearing Group Co Ltd <002122.SZ>:Says it will sell 93.8 percent stake in a Beijing-based bearing subsidiary at 253.8 million yuan in total to Zhejiang Tianma Bearing Company Limited.  Full Article

Tianma Bearing Group to sell 100 percent stake in unit at 243.3 mln yuan
Monday, 20 Mar 2017 02:00am EDT 

Tianma Bearing Group Co Ltd <002122.SZ>:Says it will sell 100 percent stake in a Guizhou-based bearing subsidiary at 243.3 million yuan in total to Zhejiang Tianma Bearing Company Limited.  Full Article

Tianma Bearing Group unit to sell 100 pct stake in precise instrument unit at 146.3 mln yuan
Monday, 20 Mar 2017 02:00am EDT 

Tianma Bearing Group Co Ltd <002122.SZ>:Says its subsidiary will sell 100 percent stake in a Chengdu-based precise instrument subsidiary at 146.3 million yuan in total to Zhejiang Tianma Bearing Company Limited.  Full Article

Tianma Bearing Group completes establishment of investment LLP with partners
Sunday, 19 Mar 2017 10:53pm EDT 

Tianma Bearing Group Co Ltd <002122.SZ> :Says it completes establishment of investment LLP (buyout fund) in Hangzhou with partners.  Full Article

Tianma Bearing to sell stakes in three firms for 643.4 mln yuan
Wednesday, 15 Mar 2017 05:06am EDT 

Tianma Bearing Group Co Ltd <002122.SZ> :Says it plans to sell stakes in three firms for a combined 643.4 million yuan ($93.10 million) to Zhejiang Tianma Elevator.  Full Article

BRIEF-Tianma Bearing Group swings to red in 2016, scraps JV plan

* Says it scraps plan to jointly set up property insurance JV as it failed to meet requirements due to net loss in 2016