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Zhejiang Founder Motor Co Ltd (002196.SZ)

002196.SZ on Shenzhen Stock Exchange

17.02CNY
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Zhejiang Founder Motor to sell entire 33 pct stake in Shanghai new energy tech firm
Tuesday, 25 Apr 2017 11:27pm EDT 

April 26(Reuters) - Zhejiang Founder Motor Co Ltd <002196.SZ> ::* Says it will sell entire 33 percent stake in a Shanghai-based new energy tech firm for 0 yuan .  Full Article

Zhejiang Founder Motor to pay annual div for FY 2016
Tuesday, 25 Apr 2017 01:03am EDT 

April 25(Reuters) - Zhejiang Founder Motor Co Ltd <002196.SZ> : :* Says it plans to pay annual cash dividend as 0.5 yuan(pre-tax) per 10 shares and use additional paid-in capital to distribute 7 new shares for every 10 shares as FY 2016 div payment.  Full Article

Zhejiang Founder Motor sees H1 FY 2017 net profit up 10 pct to 30 pct
Tuesday, 25 Apr 2017 12:52am EDT 

April 25(Reuters) - Zhejiang Founder Motor Co Ltd <002196.SZ>:Sees H1 FY 2017 net profit to increase by 10 percent to 30 percent, or to be 54.0 million yuan to 63.8 million yuan .Says H1 FY 2016 net profit was 49.1 million yuan .Says that increase of new energy car business, diesel engine controller and gas engine controller business as main reason for the forecast.  Full Article

Zhejiang Founder Motor's controlling shareholder cuts stake in the company
Monday, 20 Mar 2017 05:55am EDT 

Zhejiang Founder Motor Co Ltd <002196.SZ> :Says controlling shareholder has unloaded 1.2 percent stake in the company on March 17, taking his holdings to 16.5 percent after transaction.  Full Article

Zhejiang Founder Motor's controlling shareholder to cut stake in the company
Wednesday, 8 Mar 2017 04:49am EST 

Zhejiang Founder Motor Co Ltd <002196.SZ> :Says controlling shareholder plans to unload up to 3.8 percent stake in the company within six months.  Full Article

Zhejiang Founder Motor adopts Fair Value Model for investment real estate
Wednesday, 28 Dec 2016 04:10am EST 

Zhejiang Founder Motor Limited Company<002196.SZ>:Says it adopts Fair Value Model for investment real estate, changed from Cost Measurement Model.  Full Article

Zhejiang Founder Motor unit to fully buy Guangxi technology development firm
Wednesday, 17 Aug 2016 11:26pm EDT 

Zhejiang Founder Motor Limited Company<002196.SZ>: Says its wholly owned unit, Shanghai-based auto electronics company, plans to buy 49 percent stake in Guangxi-based technology development firm for 15.3 million yuan in total .Says the technology development firm will be wholly owned by the unit after the acquisition.  Full Article

Zhejiang Founder Motor completes merger with wholly owned unit
Thursday, 14 Jul 2016 04:37am EDT 

Zhejiang Founder Motor Co Ltd <002196.SZ>: Says it completed merger with wholly owned Lishui-based electromechanical subsidiary . Says the subsidiary has been dissolved .Says merger plan disclosed on June 16, 2015.  Full Article

Zhejiang Founder Motor issues 2016 H1 net profit outlook
Thursday, 28 Apr 2016 08:00pm EDT 

Zhejiang Founder Motor Co Ltd:Sees net profit for 2016 H1 to increase by 430 percent to 480 percent, or to be 48.7 mln yuan to 53.29 mln yuan.Says the net profit of 2015 H1 was 9,188,700 yuan.Comments that increase in new energy automobile business and involved performance of two newly acquired companies are the main reasons for the forecast.  Full Article

Zhejiang Founder Motor to pay 2015 dividend on May 5
Monday, 25 Apr 2016 08:00pm EDT 

Zhejiang Founder Motor Co Ltd:To pay 2015 dividend on May 5, with record date on May 4.  Full Article

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