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Xingye Leather Technology Co Ltd (002674.SZ)

002674.SZ on Shenzhen Stock Exchange

12.25CNY
22 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Xingye Leather Technology says change of accounting policy
Tuesday, 22 Aug 2017 02:08am EDT 

Aug 22(Reuters) - Xingye Leather Technology Co Ltd <002674.SZ> ::* Says it changed the accounting policy due to national policy requirement.  Full Article

Xingye Leather Technology sees H1 FY 2017 net profit up 100 pct to 200 pct
Friday, 28 Apr 2017 04:28am EDT 

April 28(Reuters) - Xingye Leather Technology Co Ltd <002674.SZ>:Sees H1 FY 2017 net profit to increase by 100 percent to 200 percent, or to be 19.2 million yuan to 28.8 million yuan.Says H1 FY 2016 net profit was 9.6 million yuan.Says increased gross margin and decreased financial expenses as main reasons for the forecast .  Full Article

Xingye Leather Technology to pay 1.5 yuan for every 10 shares as FY 2016 dividend
Tuesday, 28 Mar 2017 05:06am EDT 

Xingye Leather Technology Co., Ltd.<002674.SZ>:Says the co proposed to pay a cash dividend of 1.5 yuan for every 10 shares as the dividend payment plan for FY 2016.  Full Article

Xingye Leather Technology announces shareholding changes
Thursday, 18 Aug 2016 04:31am EDT 

Xingye Leather Technology Co Ltd <002674.SZ>: Says controlling shareholder and persons act in concern increased stake in the co to 55.8 percent from 48.1 percent after the private placement .Says FAME LINK INTERNATIONAL LIMITED cut stake in the co to 7.9 percent from 13.1 percent via transactions.  Full Article

Dongjiang Environmental and Xingye Leather Technology set up environmental protection tech JV
Thursday, 4 Aug 2016 04:32am EDT 

Dongjiang Environmental Co Ltd <002672.SZ>: Says the co and Xingye Leather Technology Co Ltd <002674.SZ> set up a environmental protection technology JV to undertake PPP project on industrial waste comprehensive treatment in Quanzhou .Says previous plan disclosed on July 26.  Full Article

Xingye Leather Technology plans project firm for industrial waste treatment
Tuesday, 26 Jul 2016 12:21am EDT 

Xingye Leather Technology Co Ltd <002674.SZ> : Says it plans to invest 42.5 million yuan to set up a project company (JV) to undertake PPP project on industrial waste comprehensive treatment in Quanzhou, wit partner .Says JV with registered capital of 100 million yuan and the co to hold a 42.5 percent stake in it.  Full Article

Xingye Leather Technology issues H1 2016 net profit outlook
Monday, 25 Apr 2016 08:00pm EDT 

Xingye Leather Technology Co Ltd:Sees net profit for H1 2016 to decrease by 100 pct to 50 pct, or to be 0 yuan to 7,101,000 yuan, compared to net profit of the same period in 2015 (14,201,900 yuan).Comments that decreased sales and government subsidy is the main reason for the outlook.  Full Article

Xingye Leather Technology amends private placement plan
Monday, 22 Feb 2016 07:00pm EST 

Xingye Leather Technology Co Ltd:To issue up to 61,510,162 shares instead of 65,783,358 shares via private placement.To raise up to 715,978,300 yuan in total instead of 765.7183 mln yuan.Previous plan disclosed on Nov. 27.  Full Article

Xingye Leather Technology completes establishment of JV
Tuesday, 26 Jan 2016 07:00pm EST 

Xingye Leather Technology Co Ltd:Completes establishment of an intelligent equipment financial leasing JV in Fujian, with a Jinjiang-based invest development firm and a Hong Kong-based baby products firm.Says the co holds a 23 percent stake in JV.  Full Article

Xingye Leather Technology raises 2015 net profit outlook
Monday, 25 Jan 2016 07:00pm EST 

Xingye Leather Technology Co Ltd:Sees net profit for 2015 to decrease 85 pct to 100 pct, or to be 0 yuan to 17,992,900 yuan.In the previous outlook, the company expected the net profit for 2015 to decrease 90 pct to 100 pct, or to be 0 yuan to 11,995,200 yuan.The net profit of 2014 was 119,952,400 yuan.2015 reported net profit of 0 yuan – Thomson Reuters I/B/E/S.Comments that receives subsidies from government as the main reason for the forecast.  Full Article