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Shenzhen Hifuture Electric Co Ltd (002168.SZ)

002168.SZ on Shenzhen Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Shenzhen Hifuture Electric to acquire stakes in two firms for 2 bln yuan
Tuesday, 14 Mar 2017 06:30am EDT 

Shenzhen Hifuture Electric Co Ltd <002168.SZ> :Says it plans to acquire 55.0 percent stake in investment development firm, 77.6 percent stake in technology firm for a combined 2.0 billion yuan ($289.33 million).  Full Article

zhen Hifuture Electric sets up 1.8 bln yuan industrial buyout fund with partners
Friday, 9 Dec 2016 12:29am EST 

Shenzhen Hifuture Electric Co., Ltd. <002168.SZ>: Says it set up 1.8 billion yuan worth industrial buyout fund with partners .Says previous plan disclosed on Oct. 18.  Full Article

Shenzhen Hifuture Electric appoints a Shanghai-based accounting firm as new corporate auditor
Tuesday, 16 Aug 2016 11:42pm EDT 

Shenzhen Hifuture Electric Co Ltd <002168.SZ> :Says it appoints a Shanghai-based accounting firm as co's new corporate auditor for 2016 to replace BDO China Shu Lun Pan Credit Public Accountants LLP.  Full Article

He Ping and Ren Jinsheng sells 11.1 pct stake in Shenzhen Hifuture Electric for a combined 1.65 bln yuan
Tuesday, 19 Jul 2016 12:19am EDT 

Shenzhen Hifuture Electric Co Ltd <002168.SZ>: Says the shareholders He Ping and Ren Jinsheng sold 11.1 percent stake in the company to a sports cultural development firm and an investment management partnership .Says transaction price is 1.65 billion yuan in total.  Full Article

Shenzhen Hifuture Electric revises 2016 H1 net loss outlook
Wednesday, 13 Jul 2016 11:50pm EDT 

Shenzhen Hifuture Electric Co Ltd <002168.SZ>: Sees net loss for 2016 H1 to be 20 million yuan to 22 million yuan . Says in the previous outlook, the company expected the net loss for 2016 H1 to be 30 million yuan to 40 million yuan . Says the net profit of 2015 H1 was 109.1 million yuan .Comments that the company sold part of properties and controlled cost are the main reasons for the forecast.  Full Article

Shenzhen Hifuture Electric controlling shareholder changes
Thursday, 23 Jun 2016 03:57am EDT 

Shenzhen Hifuture Electric Co Ltd <002168.SZ>: Says the company's controlling shareholder has been changed to a Shenzhen-based sports and cultural development company and its person acting in concert, as a result of selling of 11.1 percent stake by actual controller He Ping and Ren Jinsheng .Says the previous release disclosed on April 7.  Full Article

Shenzhen Hifuture Electric's president changes and CFO resigns
Wednesday, 22 Jun 2016 09:57pm EDT 

Shenzhen Hifuture Electric Co Ltd <002168.SZ> : Says it names Xu Haixiao as new president to succeed Yang Funian who resigns due to personal reason .Says its chief financial officer (CFO) Tian Qing resigns.  Full Article

Shenzhen Hifuture Electric wins 25 mln yuan bids
Sunday, 29 May 2016 11:17pm EDT 

Shenzhen Hifuture Electric Co Ltd <002168.SZ> :Says it won four State Grid's bids with total amount of about 25 million yuan.  Full Article

Shenzhen HiFuture Electric issues 2016 H1 net loss outlook
Thursday, 21 Apr 2016 08:00pm EDT 

Shenzhen HiFuture Electric Co Ltd:Sees net loss for 2016 H1 to be 30 mln yuan to 40 mln yuan.Says the net profit of 2015 H1 was 109,082,300 yuan.Comments that decreased income from investment, no fair value gains in 2016 Q1 and expenses on the equity incentives are the main reasons for the forecast.  Full Article

Shenzhen HiFuture Electric announces shareholding changes
Thursday, 7 Apr 2016 08:00pm EDT 

Shenzhen HiFuture Electric Co Ltd:Says He Ping and Ren Jinsheng to sell entire 86,736,417 shares of the company to a Beijing-based sports culture development company.Says He Ping to hold no stake in the company down from 8.9843 oct (70,167,755 shares) and the Beijing-based company to hold 11.1058 pct stake (86,736,417 shares) in the company up from 0 pct.  Full Article

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