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Longxing Chemical Stock Co Ltd (002442.SZ)

002442.SZ on Shenzhen Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Longxing Chemical Stock says shareholding structure changes
Wednesday, 16 Aug 2017 04:20am EDT 

Aug 16 (Reuters) - Longxing Chemical Stock Co Ltd <002442.SZ> ::* Says co's top shareholder Liu Jiangshan is in deal to sell 6.8 percent stake of shares of co, to a Shanghai-based tech group firm, cutting stake in co to 20.40 percent from 27.19 percent and voting rights to 13.73 percent down from 27.19 percent .* Says the Shanghai-based tech group firm will raise stake in the company to 6.8 percent and voting rights to 13.47 percent from 0 percent .  Full Article

Longxing Chemical's controlling shareholder to change after share transfer deal
Sunday, 13 Aug 2017 11:49pm EDT 

Aug 14 (Reuters) - Longxing Chemical Stock Co Ltd <002442.SZ>:Says its controlling shareholder signs agreement to transfer 6.8 percent stake in the company for 694.7 million yuan ($104.29 million) to Shanghai new energy tech firm.Says Shanghai new energy tech firm will be its controlling shareholder after transaction.  Full Article

Longxing Chemical Stock sees H1 2017 net profit to be 25-35 mln yuan
Thursday, 27 Apr 2017 04:47am EDT 

April 27 (Reuters) - Longxing Chemical Stock Co Ltd <002442.SZ>: :* Sees net profit for H1 2017 to be 25 million yuan to 35 million yuan, compared to net loss of the same period in 2016 (9.6 million yuan).* Comments that increased selling price is the main reason for the forecast.  Full Article

Longxing Chemical Stock to swing to profit in Q1 FY 2017
Friday, 31 Mar 2017 05:15am EDT 

Longxing Chemical Stock Co Ltd <002442.SZ> : Sees Q1 FY 2017 net profit to be 15 million yuan to 20 million yuan . Says Q1 FY 2016 net loss was 22.8 million yuan .The main reasons for the forecast are increased sales revenue of carbon black and decreased industry overall yield.  Full Article

Longxing Chemical Stock's shareholder Shanghai fund management firm cuts 5 pct stake, down from 6.4 pct
Tuesday, 28 Mar 2017 11:14pm EDT 

Longxing Chemical Stock Co., Ltd.<002442.SZ>:Says its shareholder, Shanghai-based fund management firm, cut 5 percent stake in the co, down from 6.4 percent.  Full Article

Longxing Chemical's shareholder cuts 5 pct stake in the company
Thursday, 23 Mar 2017 05:30am EDT 

Longxing Chemical Stock Co Ltd <002442.SZ> :Says shareholder has unloaded 5.0 percent stake in the company on March 23, taking its holdings to 6.35 percent after transaction.  Full Article

Longxing Chemical Stock announce shareholding structure changes
Monday, 9 Jan 2017 02:50am EST 

Longxing Chemical Stock Co., Ltd.<002442.SZ>: Says its shareholder, Guangdong-based fund management firm, signed contract to sell entire 15.1 percent stake in the co to Hebei-based trust firm .Says the trust firm will hold 15.1 percent stake in the co after the acquisition.  Full Article

Longxing Chemical Stock says 150 mln yuan loan offered by affiliated party
Tuesday, 6 Sep 2016 02:09am EDT 

Longxing Chemical Stock Co Ltd <002442.SZ> :Says an affiliated party, individual Liu Meiqin will offer a loan of 150 million yuan to co, with a term from Sept. 5 to Sept.4, 2017.  Full Article

Longxing Chemical Stock names Zhang Wenbin as general manager and CFO
Tuesday, 17 May 2016 10:40pm EDT 

Longxing Chemical Stock Co Ltd <002442.SZ> :Says it names Zhang Wenbin as new general manager and chief financial officer (CFO) of the company.  Full Article

Longxing Chemical Stock completes establishment of environmental technology JV
Sunday, 15 May 2016 09:44pm EDT 

Longxing Chemical Stock Co Ltd <002442.SZ>: Says it completes establishment of environmental technology joint venture in Zhengzhou with with Xinjiang-based new material firm .Says plan was disclosed on Jan. 26.  Full Article

BRIEF-Longxing Chemical's controlling shareholder to change after share transfer deal

* Says its controlling shareholder signs agreement to transfer 6.8 percent stake in the company for 694.7 million yuan ($104.29 million) to Shanghai new energy tech firm