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Shenji Group Kunming Machine Tool Co Ltd (0300.HK)

0300.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Shenji Group Kunming Machine Tool says it is suspected of breach of financial regulations
9:29am EDT 

Shenji Group Kunming Machine Tool Co Ltd <600806.SS> : "up to now, it is judged that company will still have a loss in 2016 and there is no possibility of profit" .Co is suspected of breach of financial regulations & it received investigation notification from CSRC.  Full Article

Shenji Group Kunming Machine Tool receives investigation notice from CSRC
Friday, 24 Mar 2017 06:26am EDT 

Shenji Group Kunming Machine Tool Co Ltd <600806.SS> :Says it received an investigation notice from China Securities Regulatory Commission on March 22, for possible information disclosure violations.  Full Article

Kunming Machine announces unusual price movement of A shares
Thursday, 23 Mar 2017 09:10pm EDT 

Kunming Machine<0300.HK>: Announcement on unusual price movement of A shares of the company .Shenyang group did not plan major matters related to co, such as mergers, acquisitions, restructuring, issue of shares.  Full Article

Kunming Machine announces unusual price movement of A shares <600806.SS>
Thursday, 23 Mar 2017 06:55pm EDT 

Kunming Machine<0300.HK>: Announcement on unusual price movement of A shares of the company .Shenyang group did not plan major matters related to co, such as mergers, acquisitions, restructuring, issue of shares.  Full Article

Shenji Group Kunming Machine Tool updates on CSRC's investigation
Wednesday, 22 Mar 2017 06:40pm EDT 

Shenji Group Kunming Machine Tool Co Ltd <0300.HK> : Announcement on receiving the notification of investigation of CSRC . CSRC decided to initiate an investigation to company .Depending on CSRC investigation results, co's stock listing may be terminated.  Full Article

Shenji Group Kunming Machine Tool Co updates on suspected breach of financial regulations
Monday, 20 Mar 2017 08:25pm EDT 

Shenji Group Kunming Machine Tool Co Ltd <600806.SS>: Up to now, it is judged that company will still have a loss in 2016 and there is no possibility of profit . If company's audited net profit in 2016 is still negative, company's a shares will be suspended listing . Company's a shares will be suspended listing after disclosure of 2016 annual report . As at 19 March, company found problem that inventory in years 2013-2016 was not real which involved a total amount of about RMB96 million . Auditors found recognition of sales revenue in 2016 and previous years existed problems of suspected of breach of accounting standards . Company is currently identifying causes of above suspected of breach of financial regulations . Company's current production, operation and management are all normal .Whether company can disclose annual report on schedule exists uncertainty.  Full Article

Shenji Group Kunming Machine Tool Co updates on suspected breach of financial regulations<600806.SS>
Monday, 20 Mar 2017 07:34pm EDT 

Shenji Group Kunming Machine Tool Co Ltd <600806.SS>: Up to now, it is judged that company will still have a loss in 2016 and there is no possibility of profit . If company's audited net profit in 2016 is still negative, company's a shares will be suspended listing . Company's a shares will be suspended listing after disclosure of 2016 annual report . As at 19 March, company found problem that inventory in years 2013-2016 was not real which involved a total amount of about RMB96 million . Auditors found recognition of sales revenue in 2016 and previous years existed problems of suspected of breach of accounting standards . Company is currently identifying causes of above suspected of breach of financial regulations . Company's current production, operation and management are all normal .Whether company can disclose annual report on schedule exists uncertainty.  Full Article

Shenji Group Kunming Machine Tool's board elects chairman
Friday, 17 Feb 2017 06:19am EST 

Shenji Group Kunming Machine Tool Co Ltd <600806.SS><0300.HK> :Says board elects Wang He as chairman.  Full Article

Shenji Group Kunming Machine Tool says Wang Xing resigns from chairman, Chang Baoqiang resigns from president
Thursday, 19 Jan 2017 03:32am EST 

Shenji Group Kunming Machine Tool <600806.SS>:Says Wang Xing resigned from chairman of the board and Chang Baoqiang resigned from president on Jan. 18.  Full Article

Shenji Group Kunming Machine Tool announces resignation of chairman
Wednesday, 18 Jan 2017 07:58pm EST 

Shenji Group Kunming Machine Tool Co Ltd :Wang Xing, chairman of board submitted a written resignation report to board of directors of company on 18 january 2017.  Full Article

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