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Guangzheng Group Co Ltd (002524.SZ)

002524.SZ on Shenzhen Stock Exchange

8.13CNY
23 May 2017
Change (% chg)

¥-0.71 (-8.03%)
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¥8.84
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Latest Key Developments (Source: Significant Developments)

Guangzheng Group sees H1 2017 net loss to be 36-42 mln yuan
Tuesday, 25 Apr 2017 04:46am EDT 

April 25 (Reuters) - Guangzheng Group Co Ltd <002524.SZ>: :* Sees net loss for H1 2017 to be 36 million yuan to 42 million yuan, compared to net loss of the same period in 2016 (26.8 million yuan).* Comments that increased fixed charge and assets impairment loss is the main reason for the forecast.  Full Article

Guangzheng Group subsidiary plans wholly owned energy unit in Hainan with investment of 50 mln yuan
Tuesday, 25 Apr 2017 01:43am EDT 

April 25 (Reuters) - Guangzheng Group Co Ltd <002524.SZ> ::* Says its controlling subsidiary will set up a wholly owned unit in Hainan with a registered capital of 50 million yuan .* Says the unit will be engaged in product oil trading and commercial consultant business .  Full Article

Guangzheng Group to pay no div for FY 2016
Sunday, 9 Apr 2017 10:09pm EDT 

Guangzheng Group Co Ltd <002524.SZ> :Says it plans to pay no div for FY 2016.  Full Article

Guangzheng Group sees FY 2017 Q1 net loss to widen
Friday, 31 Mar 2017 05:59am EDT 

Guangzheng Group Co Ltd <002524.SZ> : Sees the net loss of FY 2017 Q1 to be 11 million yuan to 13 million yuan . Says the net loss of FY 2016 Q1 was 10.2 million yuan .The reason for the forecast is cyclical business, low yield, increased cost.  Full Article

Guangzheng plans to sell Tianshan Rural Commercial Bank's shares
Tuesday, 29 Nov 2016 06:04am EST 

Guangzheng Group Co Ltd <002524.SZ> :Says it plans to sell 52.5 million shares in Tianshan Rural Commercial Bank at 2.34 yuan per share with transaction price estimated at 122.85 million yuan ($17.81 million).  Full Article

Guangzheng Group issues H1 2016 net profit outlook
Tuesday, 26 Apr 2016 08:00pm EDT 

Guangzheng Group Co.,Ltd:Sees net profit for H1 2016 to be a loss of 28 million yuan to a loss of 20 million yuan, compared to net profit of the same period in 2015 (a loss of 10,272,000 yuan).Comments that seasonal impacting on steel sales is the main reason for the outlook.  Full Article

Guangzheng Group announces no dividend payment for 2015
Sunday, 24 Apr 2016 08:00pm EDT 

Guangzheng Group Co.,Ltd:Announces no dividend payment for 2015.  Full Article

Guangzheng Group completes full acquisition of subsidiaries
Wednesday, 9 Mar 2016 07:00pm EST 

Guangzheng Group Co.,Ltd:Completes full acquisition of its former Artux-based 51 pct owned subsidiary, which is engaged in gas pipelines and product development, from individual Sun Ye, at price of 195 mln yuan.Completes full acquisition of its former five 80 pct owned sub-subsidiaries from individual Han Aimin at 50 mln yuan.Holds a 100 pct stake in the six units after the transaction respectively.  Full Article

Guangzheng Group completes sale of investment unit
Wednesday, 30 Dec 2015 07:00pm EST 

Guangzheng Group Co.,Ltd:Completes sale of Shanghai-based investment wholly owned subsidiary to the co's controlling shareholder, an investment company, for 30.4 million yuan, on Dec. 25.  Full Article

Guangzheng Group to set up two new subsidiaries
Tuesday, 8 Dec 2015 07:00pm EST 

Guangzheng Group Co.,Ltd:To set up a new wholly owned steelwork subsidiary and a new wholly owned equipment manufacturing subsidiary in Urumchi, with registered capital of 50 mln yuan respectively.  Full Article

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