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Shandong Qixing Iron Tower Co Ltd (002359.SZ)

002359.SZ on Shenzhen Stock Exchange

39.60CNY
25 Apr 2017
Change (% chg)

¥0.80 (+2.06%)
Prev Close
¥38.80
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¥38.53
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¥39.78
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¥38.53
Volume
3,336,817
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5,114,290
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¥40.20
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¥23.01

Latest Key Developments (Source: Significant Developments)

Shandong Qixing Iron Tower raises 5.03 bln yuan in private placement
Monday, 24 Apr 2017 06:04am EDT 

April 24(Reuters) - Shandong Qixing Iron Tower Co Ltd <002359.SZ> ::* Says it issued 222.7 million A shares of its common stock through private placement, at 22.59 yuan per share.* It raised 5.03 billion yuan in total.  Full Article

Shandong Qixing Iron Tower sees H1 2017 net loss to be 5-15 mln yuan
Monday, 24 Apr 2017 04:14am EDT 

April 24 (Reuters) - Shandong Qixing Iron Tower Co Ltd <002359.SZ>: :* Sees net loss for H1 2017 to be 5 million yuan to 15 million yuan, compared to net profit of the same period in 2016 (22.8 million yuan).* Comments that increased raw material price is the main reason for the forecast.  Full Article

Shandong Qixing Iron Tower sees FY 2016 net loss to be 40-55 mln yuan
Thursday, 26 Jan 2017 01:00am EST 

Shandong Qixing Iron Tower Co Ltd <002359.SZ>: Sees net loss for FY 2016 to be 40 million yuan to 55 million yuan, compared to net profit of FY 2015 (11.4 million yuan) . In the previous outlook, the company expected the net loss for FY 2016 to be 25 million yuan to 40 million yuan .Comments that increased production cost and exchange loss due to high dollars are the main reasons for the forecast.  Full Article

Shandong Qixing Iron Tower sees 2016 net loss as 25 mln yuan to 40 mln yuan
Monday, 17 Oct 2016 05:15am EDT 

Shandong Qixing Iron Tower Co., Ltd.<002359.SZ>: Sees net loss for 2016 to be 25 million yuan to 40 million yuan .Says the net profit of 2015 was 11.4 million yuan.  Full Article

Shandong Qixing Iron Tower announces spin-off of subsidiary
Wednesday, 12 Oct 2016 04:32am EDT 

Shandong Qixing Iron Tower Co., Ltd.<002359.SZ>:Says the co to spin off a Qingdao-based subsidiary into three companies, which will be engaged in steel tower business, parking equipment business and investment business respectively.  Full Article

Shandong Qixing Iron Tower raises 2016 H1 net profit as 1,807-2,549 pct
Wednesday, 13 Jul 2016 03:00am EDT 

Shandong Qixing Iron Tower <002359.SZ> Co.,Ltd: Sees net profit for the H1 2016 will increase by 1,807 percent to 2,549 percent, or to be 18 million yuan to 25 million yuan . Says the net profit of the same period in 2015 was 943,500 yuan .In the previous outlook, the co expects the net profit for 2016 H1 to be 10 million yuan to 15 million yuan.  Full Article

Shandong Qixing Iron Tower to set up unit in Shandong
Sunday, 26 Jun 2016 10:32pm EDT 

Shandong Qixing Iron Tower Co Ltd <002359.SZ>: Says it to set up a wholly owned installation engineering subsidiary in Shandong .Says new subsidiary with registered capital of 100 million yuan.  Full Article

Shandong Qixing Iron Tower issues 2016 H1 net profit outlook
Tuesday, 19 Apr 2016 08:00pm EDT 

Shandong Qixing Iron Tower Co Ltd:Sees net profit for 2016 H1 to increase by 959.88 percent to 1,489.83 percent, or to be 10 mln yuan to 15 mln yuan.Says the net profit of 2015 H1 was 943,500 yuan.Comments that cost control and market development are the main reasons for the forecast.  Full Article

Shandong Qixing Iron Tower to transfer stake in wholly owned subsidiary
Tuesday, 23 Feb 2016 07:00pm EST 

Shandong Qixing Iron Tower Co Ltd:Says to sell 100 pct stake in a Qingdao-based subsidiary to a Beijing-based investment and management subsidiary, for 444.4488 mln yuan.The target company has been engaged in manufacturing of mechanical parking equipment, production and sale of tower, steel tower, architecture and pipes, etc.  Full Article

Shandong Qixing Iron Tower to provide 500 mln yuan loan guarantee for unit
Sunday, 24 Jan 2016 07:00pm EST 

Shandong Qixing Iron Tower Co Ltd:Says to provide loan guarantee of 500 million yuan for its wholly-owned unit, a manufacturing company in Qingdao.Says loan guarantee with a term of five years.  Full Article

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