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Jiangsu Rainbow Heavy Industries Co Ltd (002483.SZ)

002483.SZ on Shenzhen Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Jiangsu Rainbow Heavy Industries unit buys 20.6 pct stake in the environmental protection firm
Monday, 31 Oct 2016 12:10am EDT 

Jiangsu Rainbow Heavy Industries Co Ltd<002483.SZ>:Says its wholly owned unit completed acquisition of 20.6 percent stake in the environmental protection firm.  Full Article

Jiangsu Rainbow Heavy Industries's unit to buy stake in environmental protection firm
Friday, 23 Sep 2016 04:24am EDT 

Jiangsu Rainbow Heavy Industries Co Ltd <002483.SZ> : Says it scraps plan to buy 71.7 percent stake in environmental protection firm .Says unit signs agreement to buy 20.6 percent stake in the environmental protection firm by cash.  Full Article

Jiangsu Rainbow Heavy Industries raises 35 pct stake in Hunan heavy industry technology firm
Thursday, 25 Aug 2016 01:50am EDT 

Jiangsu Rainbow Heavy Industries Co Ltd <002483.SZ>:Says it raised a 35.0 percent stake in Hunan-based heavy industry technology firm for 16 million yuan.  Full Article

Jiangsu Rainbow Heavy Industries raises 2016 H1 net profit outlook
Friday, 15 Jul 2016 02:30am EDT 

Jiangsu Rainbow Heavy Industries <002483.SZ> Co., Ltd: Says it expects 2016 H1 net profit to rise 120-170 percent, or to be 59.5-73 million yuan .In the previous outlook, the co expects the H1 net profit to rise 70-120 percent.  Full Article

Jiangsu Rainbow Heavy Industries to close Jiangsu parking system branch
Thursday, 14 Jul 2016 05:13am EDT 

Jiangsu Rainbow Heavy Industries Co Ltd <002483.SZ>:Says it will close a Jiangsu-based branch, which is enaged in produciton and sales of parking system.  Full Article

Jiangsu Rainbow Heavy Industries to dissolve ocean engineering technology unit
Friday, 17 Jun 2016 05:37am EDT 

Jiangsu Rainbow Heavy Industries Co Ltd <002483.SZ> :Says it plans to dissolve its wholly owned ocean engineering technology unit.  Full Article

Jiangsu Rainbow Heavy to acquire stake in environmental firm for 273.8 mln yuan
Friday, 6 May 2016 03:03am EDT 

Jiangsu Rainbow Heavy Industries Co Ltd <002483.SZ> : Says it plans to acquire 71.67 percent stake in Zhejiang Zhengjie Environmental Sci & Tech for 273.8 million yuan ($42.14 million) via cash, share issue .Says it plans to raise up to 150 million yuan in private placement of share to fund the acquisition.  Full Article

Jiangsu Rainbow Heavy Industries issues 2016 H1 net profit outlook
Monday, 25 Apr 2016 08:00pm EDT 

Jiangsu Rainbow Heavy Industries Co Ltd:Sees net profit for 2016 H1 to increase by 70 percent to 120 percent, or to be 45,996,900 yuan to 59,525,400 yuan.Says the net profit of 2015 H1 was 27,057,000 yuan.Comments that increased income from lifting equipment business is the main reason for the forecast.  Full Article

Jiangsu Rainbow Heavy Industries to pay no dividend payment for 2015
Monday, 18 Apr 2016 08:00pm EDT 

Jiangsu Rainbow Heavy Industries Co Ltd:Says the company will pay no dividend to shareholders for 2015.  Full Article

Jiangsu Rainbow Heavy Industries to issue shares for stake acquisition and fund raising
Monday, 29 Feb 2016 07:00pm EST 

Jiangsu Rainbow Heavy Industries Co Ltd:To issue 13,136,837 shares at 10.42 yuan per share and pay 136.88588 million yuan, in exchange for 71.67 pct stake in a Zhejiang-based environmental science and technology company.Transaction price expected at about 273.77176 mln yuan in total.To issue up to 14,395,393 shares for 10.42 yuan per share and to raise up to 150 million yuan.  Full Article

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