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Kangde Xin Composite Material Group Co Ltd (002450.SZ)

002450.SZ on Shenzhen Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Kangde Xin Composite Material's H1 net profit up 35.32 pct y/y
Monday, 14 Aug 2017 08:10am EDT 

Aug 14 (Reuters) - Kangde Xin Composite Material Group Co Ltd <002450.SZ>:Says H1 net profit up 35.32 percent y/y at 1.25 billion yuan ($187.41 million).  Full Article

Kangde Xin Composite Material Group announces change in accounting policy
Wednesday, 9 Aug 2017 04:55am EDT 

Aug 9(Reuters) - Kangde Xin Composite Material Group Co Ltd <002450.SZ>:Says it changes accounting policy based on accounting standards for business enterprises.  Full Article

Kangde Xin Composite Material Group's preliminary H1 net profit up 35.5 pct y/y
Wednesday, 2 Aug 2017 07:14am EDT 

Aug 2 (Reuters) - Kangde Xin Composite Material Group Co Ltd <002450.SZ>:Says its preliminary H1 net profit up 35.5 percent y/y at 1.26 billion yuan ($187.47 million).  Full Article

Kangde Xin Composite Material's shareholder plans to add holdings
Tuesday, 25 Jul 2017 07:29am EDT 

July 25 (Reuters) - Kangde Xin Composite Material Group Co Ltd <002450.SZ>:Says controlling shareholder plans to add at least 500 million yuan ($74.08 million) worth of company shares within six months.  Full Article

Kangde Xin Composite Material Group issues 1 bln yuan mid-term notes
Tuesday, 18 Jul 2017 09:50pm EDT 

July 18 (Reuters) - Kangde Xin Composite Material Group Co Ltd <002450.SZ>:* Says it issued 1 billion yuan mid-term notes, with a term of 5 years .* Says interest rate is 5.48 percent and maturity date on July 14, 2022 .* Bank of China Limited and Industrial and Commercial Bank of China served as the main underwriters .  Full Article

Kangde Xin Composite Material Group to pay FY 2016 annual div on May 25
Thursday, 18 May 2017 11:43pm EDT 

May 19(Reuters) - Kangde Xin Composite Material Group Co Ltd <002450.SZ> ::* Says it will pay FY 2016 dividend to shareholders of record on May 24, for FY 2016.* The company's shares will be traded ex-right and ex-dividend on May 25 and the dividend will be paid on May 25.  Full Article

Kangde Xin Composite Material Group sees FY 2017 H1 net profit to up 30 pct to 40 pct
Friday, 14 Apr 2017 05:43am EDT 

Kangde Xin Composite Material Group Co Ltd <002450.SZ> : Sees H1 FY 2017 net profit to increase by 30 percent to 40 percent, or to be 1.2 billion yuan to 1.3 billion yuan . Says H1 FY 2016 net profit was 927.4 million yuan .Says product structure adjustment as main reason for the forecast.  Full Article

Kangde Xin Composite Material Group signs cooperation agreement with Rohm and Haas Electronic Materials Korea Ltd
Friday, 14 Apr 2017 01:35am EDT 

Kangde Xin Composite Material Group Co Ltd <002450.SZ> :Says co signs cooperation framework agreement with The DOW Chemical Company's unit Rohm and Haas Electronic Materials Korea Ltd, on R&D, manufacture and provision of comprehensive solution for Cadmium free quantum dots products.  Full Article

Kangde Xin Composite Material's 2016, Q1 net profit up, plans financing
Thursday, 13 Apr 2017 09:23am EDT 

Kangde Xin Composite Material Group Co Ltd <002450.SZ> : Says 2016 net profit up 36.45 percent y/y at 1.96 billion yuan ($284.68 million) . Says it plans to issue up to 8.0 billion yuan debt financing instruments .Says Q1 net profit up 31.1 percent y/y at 541.5 million yuan.  Full Article

Kangde Xin Composite Material's prelim 2016 net profit up 37.5 pct y/y
Sunday, 26 Feb 2017 09:43pm EST 

Kangde Xin Composite Material Group Co Ltd <002450.SZ> :Says preliminary 2016 net profit up 37.5 percent y/y at 2.0 billion yuan ($290.88 million).  Full Article