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GEM Co Ltd (002340.SZ)

002340.SZ on Shenzhen Stock Exchange

8.35CNY
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

GEM and unit to sell 74 pct stake in Jiangxi recycling unit for 192.4 mln yuan
Tuesday, 27 Dec 2016 04:31am EST 

GEM Co Ltd <002340.SZ> :Says it and unit in deal to sell 74 percent stake in Jiangxi-based recycling unit for 192.4 million yuan ($27.68 million).  Full Article

GEM unit sets up two auto rental units
Monday, 5 Dec 2016 02:15am EST 

GEM Co Ltd <002340.SZ>: Says its wholly owned auto service subsidiary set up an auto rental unit in Wuhan, with registered capital of 10 million yuan .Says the subsidiary also set up an auto rental unit in He'nan, with registered capital of 10 million yuan.  Full Article

GEM's new material unit signs agreement to buy Shu Powders
Wednesday, 12 Oct 2016 07:17am EDT 

GEM Co Ltd <002340.SZ> :Says new material unit signs agreement to buy Shu Powders for $3.8 million.  Full Article

GEM unit fully buys Yuyao metal materials firm
Tuesday, 11 Oct 2016 03:16am EDT 

GEM Co., Ltd.<002340.SZ>: Says its wholly owned unit, a Jinmen-based new materials company, raised 35 percent stake in a Yuyao-based metal materials company, up to 100 percent .Says previous plan disclosed on July 12.  Full Article

GEM cooperates with Haixizhou People's Government in cycle development and new energy materials industry
Thursday, 29 Sep 2016 05:20am EDT 

GEM Co Ltd <002340.SZ>:Says it entered into agreement with Haixizhou People's Government in cycle development and new energy materials industry in Haixizhou, Qinghai.  Full Article

GEM sets up new energy supply chain unit
Tuesday, 27 Sep 2016 05:46am EDT 

GEM Co., Ltd.<002340.SZ>: Says its two wholly owned units jointly set up a new firm in Wuhan, engaged in new energy supply chain business .Says the new unit is capitalized at 10 million yuan.  Full Article

GEM unit signs strategy cooperation agreement to develop circular economy industry in Hunan
Tuesday, 27 Sep 2016 03:46am EDT 

GEM Co Ltd <002340.SZ>: Says its wholly owned unit signed strategy cooperation agreement with a Hunan-based new material firm and a Hunan-based county government to jointly develop circular economy industry at local . Says the unit to raise stake in the new material firm to 36 percent .Says the unit and the new material firm plan to set up a JV in Hunan, engaged in development of industrial park.  Full Article

GEM issues 800 mln yuan bonds with coupon rate at 4 pct
Tuesday, 27 Sep 2016 03:45am EDT 

GEM Co Ltd <002340.SZ>:Says it issued 800 million yuan bonds with coupon rate at 4 percent.  Full Article

GEM sets coupon rate at 4 pct for 800 mln yuan 5-YR bonds
Wednesday, 21 Sep 2016 11:20pm EDT 

GEM Co., Ltd.<002340.SZ>:Says it set coupon rate at 4 percent for up to 800 million yuan 5-year bonds.  Full Article

GEM plans 63.2 mln yuan investment in precision cutting tool firm to raise 27 pct stake
Monday, 22 Aug 2016 09:30pm EDT 

GEM Co Ltd <002340.SZ>: Says it plans to invest 63.2 million yuan in Zhuzhou-based company, which is engaged in precision cutting tool business .Says the co will raise stake in it to 27 percent from 0 percent after the investment.  Full Article

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