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Baofeng Modern International Holdings Co Ltd (1121.HK)

1121.HK on Hong Kong Stock

0.91HKD
23 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Baofeng Modern International updates on sales for HY 2016 and profit warning<1121.HK>
Tuesday, 26 Jul 2016 07:21am EDT 

Baofeng Modern International Holdings Co Ltd <1121.HK>: Sales for the six months ended 30 June 2016 and profit warning <1121.HK> . Expected result due to the decline in sales of own branded products during the reporting period . "Expect that sales of the group will improve in the second half of 2016" . Expects to record increase in net loss before tax for HY . Says sales of the group for hy amounted to rmb94.93 million . Increase in net loss before tax due to share-based payment expenses in relation to the share options .  Full Article

Baofeng Modern says unit signed three-year sales contract<1121.HK>
Friday, 22 Jul 2016 06:40am EDT 

Baofeng Modern International Holdings Co Ltd <1121.HK>: Xinfeng 2d (Fujian) Material Technology Company signed a three-year sales contract with a large domestic sportswear brand customer . Contract for supply of Graphene- Based Eva Foam Material with a total sales amount of RMB160 million .  Full Article

Baofeng Modern International says unit enters into System Development Agreement<1121.HK>
Monday, 18 Jul 2016 09:22am EDT 

Baofeng Modern International Holdings Co Ltd <1121.HK>: Discloseable transaction in relation to the system development agreement <1121.HK> . BAOF, a wholly- owned subsidiary of the company and Fujian Xingda entered into the system development agreement . Says BAOF agreed to engage Fujian Xingda in providing design and development services for the project . Expected services fee payable by baof to Fujian Xingda for design and development services under system development agreement shall be RMB40 million . Source (http://bit.ly/29I3qSa) ((For more news, please click here [1121.HK])) ((Bengaluru Newsroom; +91 80 6749 1130)).  Full Article

Baofeng Modern International Holdings Co Ltd says entered into acquisition agreement with vendor and guarantor
Wednesday, 14 Oct 2015 10:52am EDT 

Baofeng Modern International Holdings Co Ltd:Company, the vendor and the guarantor entered into the acquisition agreement.Vendor has conditionally agreed to sell, the technology.Deal at a maximum consideration of 1.80 billion yuan.Consideration is to be satisfied as to a maximum of HK$2,011.20 million in cash and as to HK$184.80 million by way of issuance of the Convertible Bonds by the Company.Company intends to finance the Consideration by the internal resources of the Company.  Full Article

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