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Hubei Guochuang Hi-tech Material Co Ltd (002377.SZ)

002377.SZ on Shenzhen Stock Exchange

9.91CNY
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Hubei Guochuang Hi-tech Material to acquire Shenzhen tech firm for 3.8 bln yuan
Monday, 2 Jan 2017 11:38pm EST 

Hubei Guochuang Hi-tech Material Co Ltd <002377.SZ> : Says it plans to acquire Shenzhen internet technology firm for 3.8 billion yuan ($546.39 million) via cash, share issue .Says it plans to raise up to 2.1 billion yuan in private placement of shares.  Full Article

Hubei Guochuang Hi-tech Material announces no dividend payment for 2015
Monday, 25 Apr 2016 08:00pm EDT 

Hubei Guochuang Hi-tech Material Co Ltd:To pay no dividend to shareholders for 2015.  Full Article

Hubei Guochuang Hi-tech Material issues H1 2016 net profit outlook
Monday, 25 Apr 2016 08:00pm EDT 

Hubei Guochuang Hi-tech Material Co Ltd:Sees net profit for H1 2016 to be a loss of 6,670,000 yuan to a loss of 4,450,000 yuan, compared to net profit of the same period in 2015 (4,452,900 yuan).Comments that decreased material price and selling price is the main reason for the outlook.  Full Article

Hubei Guochuang Hi-tech Material issues 2016 Q1 net loss outlook
Wednesday, 30 Mar 2016 08:00pm EDT 

Hubei Guochuang Hi-tech Material Co Ltd:Sees net loss for 2016 Q1 to be 9,000,000 yuan to 12,000,000 yuan.Says the net loss of 2015 Q1 was 7,565,100 yuan.Comments that the seasonal market is the main reason for the forecast.  Full Article

Hubei Guochuang Hi-tech Material establishes wholly owned subsidiary
Sunday, 22 Nov 2015 10:38pm EST 

Hubei Guochuang Hi-tech Material Co Ltd:Established a new wholly owned Wuhan-based highway engineering test subsidiary on Nov. 12, with registered capital of 30 mln yuan.  Full Article

Hubei Guochuang Hi-tech Material announces termination of private placement
Monday, 2 Nov 2015 07:00pm EST 

Hubei Guochuang Hi-tech Material Co Ltd:Announced termination of private placement due to change in investment and financial environment of domestic capital market.Says previous plan is to issue up to 100 mln shares and to raise up to 660 mln yuan.  Full Article

Hubei Guochuang Hi-tech Material issues 2015 net profit outlook
Thursday, 29 Oct 2015 08:00pm EDT 

Hubei Guochuang Hi-tech Material Co Ltd:Sees net profit for 2015 to decrease by 10 pct to 30 pct, or to be 31,286,800 yuan to 40,225,900 yuan.Says the net profit of 2014 was 44,695,400 yuan.Comments that decreased material price is the main reason for the forecast.  Full Article

Hubei Guochuang Hi-tech Material to set up subsidiary
Thursday, 29 Oct 2015 08:00pm EDT 

Hubei Guochuang Hi-tech Material Co Ltd:To establish a new wholly owned Wuhan-based highway engineering test subsidiary, with registered capital of 30 mln yuan.  Full Article

Hubei Guochuang Hi-tech Material announces shareholding changes
Monday, 31 Aug 2015 08:00pm EDT 

Hubei Guochuang Hi-tech Material Co Ltd:Announces shareholding changes due to private placement.Wuhan-based industrial group company's stake in the company to decrease by 7.89 pct, from 42.45 pct, with unchanged 186,000,000 shares.Shanghai-based asset management company's stake in the company to increase to 7.43 pct (40,000,000 shares), from 0 pct.  Full Article

Hubei Guochuang Hi-tech Material to provide guarantee for subsidiaries
Thursday, 13 Aug 2015 08:00pm EDT 

Hubei Guochuang Hi-tech Material Co Ltd:To provide comprehensive credit line guarantee of up to 110 mln yuan in total for a wholly owned Guangxi-based material subsidiary and a Siuchuan-based material subsidiary.  Full Article

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