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Yaxia Automobile Corp (002607.SZ)

002607.SZ on Shenzhen Stock Exchange

12.30CNY
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Yaxia Automobile to raise stake in network tech firm to 18 pct from 9.9 pct
Friday, 23 Dec 2016 12:37am EST 

Yaxia Automobile Corporation<002607.SZ>:Says it plans to invest 40 million yuan to raise stake in Shanghai-based network technology firm to 18 percent from 9.9 percent.  Full Article

Yaxia Automobile wins 27.8 mln yuan bid for 7.8 pct stake in Anhui rural commercial bank
Monday, 26 Sep 2016 10:14pm EDT 

Yaxia Automobile Corporation<002607.SZ>:Says it won 27.8 million yuan bid for 7.8 percent stake in a Anhui-based rural commercial bank.  Full Article

Yaxia Automobile sets up network tech JV with registered capital of 10 mln yuan
Friday, 19 Aug 2016 05:32am EDT 

Yaxia Automobile Corporation <002607.SZ>:Says it set up network tech JV with registered capital of 10 million yuan.  Full Article

Yaxia Automobile enters into cooperation agreement with Anhui Institute of Information Technology
Monday, 25 Jul 2016 12:20am EDT 

Yaxia Automobile Corp <002607.SZ>: Says it entered into cooperation agreement with Anhui Institute of Information Technology .Says both parties will cooperate on automobile vocational education and technology development.  Full Article

Wuhu Yaxia Automobile to invest 46 mln yuan equivalent in tech firm
Monday, 4 Jul 2016 03:52am EDT 

Wuhu Yaxia Automobile Corp <002607.SZ>: Says it to invest 46 million yuan equivalent property in a Shanghai-based network tech firm .Says it to hold 9.89 percent stake in the target firm after investment, up from 0 percent.  Full Article

Wuhu Yaxia Automobile to cooperate on motor vehicle insurance with PICC P&C
Sunday, 3 Jul 2016 10:21pm EDT 

Wuhu Yaxia Automobile Corp <002607.SZ>: Says it signed cooperation agreement with PICC Property and Casualty Co Ltd <2328.HK> (PICC P&C) .Says two entities to cooperate on motor vehicle insurance.  Full Article

Wuhu Yaxia Automobile plans name change to Yaxia Automobile Corporation
Sunday, 26 Jun 2016 11:36pm EDT 

Wuhu Yaxia Automobile Corp <002607.SZ> :Says it plans to change its name to Yaxia Automobile Corporation.  Full Article

Wuhu Yaxia Automobile expects 2016 H1 net profit to rise
Thursday, 28 Apr 2016 08:00pm EDT 

Wuhu Yaxia Automobile Corp:Says expects 2016 H1 net profit of 30.2-31.5 million yuan, to increase by 1064.5-1114.6 percent compared with 2015 H1.Says 2015 H1 net income was 2.6 million yuan.Comments that increased revenue from automobile finance is the main reason for the forecast.  Full Article

Wuhu Yaxia Automobile announces no dividend payment for 2015
Wednesday, 20 Apr 2016 08:00pm EDT 

Wuhu Yaxia Automobile Corp:Says the company will pay no dividend to shareholders for 2015.  Full Article

Wuhu Yaxia Automobile issues 2016 Q1 net profit outlook
Tuesday, 12 Apr 2016 08:00pm EDT 

Wuhu Yaxia Automobile Corp:Sees net profit for 2016 Q1 to increase by 194.95 percent to 242.43 percent, or to be 10 mln yuan to 15 mln yuan.Says the net loss of 2015 Q1 was 10,531,400 yuan.Comments that gross margin improvement and expenses decrease are the main reasons for the forecast.  Full Article

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BRIEF-Yaxia Automobile sees 2016 net profit up 450.4-496.8 pct

* Sees net profit for 2016 to increase by 450.4 percent to 496.8 percent, or to be 68 million yuan to 75 million yuan