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Wuxi Huadong Heavy Machinery Co Ltd (002685.SZ)

002685.SZ on Shenzhen Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Wuxi Huadong Heavy Machinery to pay cash 0.25 yuan per 10 shares for FY 2016
Thursday, 23 Mar 2017 05:11am EDT 

Wuxi Huadong Heavy Machinery Co Ltd <002685.SZ> :Says it plans to pay cash 0.25 yuan per 10 shares for FY 2016.  Full Article

Wuxi Huadong Heavy Machinery scraps firm acquisition and share issuance plan
Monday, 10 Oct 2016 02:56am EDT 

Wuxi Huadong Heavy Machinery Co., Ltd.<002685.SZ>:Says it scraps firm acquisition and share issuance plan, due to changes in market environment and policy.  Full Article

Huadong Heavy Machinery plans to acquire two firms for a combined 1.47 bln yuan
Monday, 22 Aug 2016 12:45am EDT 

Wuxi Huadong Heavy Machinery Co Ltd <002685.SZ> : Says it plans to acquire two firms for a combined 1.47 billion yuan ($220.72 million) via cash, share issue .Says it plans to raise up to 300 million yuan in private placement of shares to fund acquisition.  Full Article

Wuxi Huadong Heavy Machinery to pay 2015 dividend on May 30
Tuesday, 24 May 2016 03:46am EDT 

Wuxi Huadong Heavy Machinery Co Ltd <002685.SZ> : Says it will pay cash dividend of 0.25 yuan per 10 shares (before tax) to shareholders of record on May 27, for 2015 .Says the company's shares will be traded ex-dividend on May 30 and the dividend will be paid on May 30.  Full Article

Wuxi Huadong Heavy Machinery announces 2015 dividend payment
Sunday, 24 Apr 2016 08:00pm EDT 

Wuxi Huadong Heavy Machinery Co Ltd:To pay cash dividend of 0.25 yuan per 10 shares (before tax) to shareholders for 2015.  Full Article

Wuxi Huadong Heavy Machinery issues 2016 H1 net profit outlook
Sunday, 24 Apr 2016 08:00pm EDT 

Wuxi Huadong Heavy Machinery Co Ltd:Sees net profit for 2016 H1 to increase by 20 percent to 60 percent, or to be 12,154,200 yuan to 16,205,600 yuan.Says the net profit of 2015 H1 was 10,128,500 yuan.  Full Article

Wuxi Huadong Heavy Machinery issues 2016 Q1 net profit outlook
Tuesday, 29 Mar 2016 08:00pm EDT 

Wuxi Huadong Heavy Machinery Co Ltd:Sees net profit for 2016 Q1 to increase by 30 percent to 70 percent, or to be 2,958,000 yuan to 3,868,200 yuan.Says the net profit of 2015 Q1 was 2,275,400 yuan.Comments that increased business scale is the main reason for the forecast.  Full Article

Wuxi Huadong Heavy Machinery completes private placement
Friday, 11 Mar 2016 07:00pm EST 

Wuxi Huadong Heavy Machinery Co Ltd:Completed the issuance of 129,442,857 A shares at 3.78 yuan per share, through private placement.Raised 489,293,999.46 yuan in total through the private placement.  Full Article

Wuxi Huadong Heavy Machinery signs crane supply contract with Singapore's psa Panama Intl Terminal
Wednesday, 17 Feb 2016 07:00pm EST 

Wuxi Huadong Heavy Machinery Co Ltd:Says signs crane supply contract worth about $37.9 million with Singapore's PSA Panama International Terminal.  Full Article

Wuxi Huadong Heavy Machinery issues 2015 net profit outlook
Thursday, 28 Jan 2016 07:00pm EST 

Wuxi Huadong Heavy Machinery Co Ltd:Sees net profit for 2015 to increase by 70 pct to 110 pct, or to be 20,006,300 yuan to 24,713,600 yuan, compared to net profit of 2014 (11,768,400 yuan).Comments that increased sales in subsidiary is the main reason for the forecast.  Full Article

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