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Honghua Group Ltd (0196.HK)

0196.HK on Hong Kong Stock

21 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Honghua Group says unit entered into sale and purchase agreement
Monday, 26 Jun 2017 10:45am EDT 

June 26 (Reuters) - Honghua Group Ltd <0196.HK> ::Sichuan Honghua entered into sale and purchase agreement with ASIFL and Shenzhen Honghua.‍shenzhen Honghua entered into finance lease agreement with ASIFL pursuant to which ASIFL will lease equipment to Shenzhen Honghua​.Total consideration is RMB33.2 million of which RMB8.3 million was payable by Shenzhen Honghua upon signing of sale and purchase agreement.ASIFL to purchase equipment from Sichuan Honghua in sale and purchase agreement.  Full Article

Honghua Group says Sichuan Honghua Electric Co signed cooperation agreement
Friday, 16 Jun 2017 06:52am EDT 

June 16 (Reuters) - Honghua Group Ltd <0196.HK>:Sichuan Honghua Electric Company, entered into a strategic cooperation agreement.Deal with Sinopec East China Oil And Gas Company.Parties will be each other's preferred contractor in integrated projects of drilling and shale gas projects in sichuan basin area.Company and Halliburton Energy Service (China) Limited entered into a non-binding memorandum of understanding.Mou contemplates parties will be each other's preferred contractor and subcontractor in integrated projects of shale gas projects in Sichuan basin.  Full Article

Honghua Group says Honghua Offshore and LNG 21 Partners enter purchase agreement
Thursday, 11 May 2017 02:26am EDT 

May 11 (Reuters) - Honghua Group Ltd <0196.HK>:Honghua Offshore and LNG 21 Partners, LLC entered into a legally binding head of agreement .HOA entered into between Honghua Offshore and Argo on 28 October 2016 has been terminated.LNG 21 intends to purchase from Honghua Offshore one set of PLNG for a consideration of about US$2.2 billion.  Full Article

Honghua group entered into placing agreement to place 508 million shares
Tuesday, 11 Apr 2017 10:23am EDT 

Honghua Group Ltd <0196.HK>: Entered into placing agreement with shenwan . Gross proceeds from issue of placing shares, if fully placed, will be approximately hk$391.16 million .Honghua group ltd- shenwan has agreed to place up to 508 million shares, on a best effort basis, at a price of hk$0.77 per share.  Full Article

Honghua Group says Chen Yajun has been appointed as executive director, chairman of board
Wednesday, 29 Mar 2017 06:52pm EDT 

Honghua Group Ltd <0196.HK> : Chen Yajun has been appointed as executive director, chairman of board . Zhang Mi has stepped down from position as chairman of board and has been re-designated as vice-chairman of board .Xu Xiufang has been appointed as chief financial officer of company..  Full Article

Honghua Group issues profit warning<0196.HK>
Tuesday, 2 Aug 2016 05:17am EDT 

Honghua Group Ltd <0196.HK>: Group-profit warning <0196.HK> . Says group's loss for the six months ended 30 June 2016 is expected to increase substantially . Expected loss is primarily due to the fact that the international oil prices continuously fluctuated at low level .  Full Article

Honghua Group issues FY 2015 profit warning
Tuesday, 23 Feb 2016 01:56am EST 

Honghua Group Ltd:Says expected to record a loss for the year ended 31 December 2015.Expected loss is primarily attributable to the continuous fluctuation of the international oil prices at low level in 2015.  Full Article

Honghua Group Ltd unit receives contract
Sunday, 25 Oct 2015 06:06am EDT 

Honghua Group Ltd:Sichuan Honghua International Co., Ltd, a subsidiary, entered into three oilfield service agreements.Pursuant to agreement, Honghua International shall provide turnkey services to PDVSA in Lake Maracaibo region of Venezuela.Total consideration in relation to the transactions contemplated under the Service Agreements amounted approximately US$ 340 million.  Full Article

Honghua Group Ltd signs 760 mln Yuan construction agreement with LNG Power Shipping
Monday, 10 Aug 2015 01:31am EDT 

Honghua Group Ltd:Says that HH entered into shipbuilding contract with LNG Power Shipping Ltd in early Aug, with an aggregate amount of about 760 mln Yuan.According to contract HH will build and sell 200 sets of LNG power inland river ships with certain specifications including 700-ton ships, 950-ton ships and 1350-ton ships.It is expected to deliver all vessels by end of Sept. in 2016.  Full Article