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China National Materials Co Ltd (1893.HK)

1893.HK on Hong Kong Stock

2.53HKD
27 Mar 2017
Change (% chg)

HK$-0.05 (-1.94%)
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HK$2.58
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Volume
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Latest Key Developments (Source: Significant Developments)

China National Materials Co says FY net profit attribtuable RMB 511.4 million
Monday, 6 Mar 2017 06:06am EST 

China National Materials Co Ltd <1893.HK> : FY total operating revenue RMB 19 billion, down 15.88 percent .FY net profit attribtuable RMB 511.4 million, down 23.02 percent.  Full Article

China National Materials updates on decision letter on administrative regulatory measures
Tuesday, 28 Feb 2017 07:42am EST 

China National Materials Co Ltd <1893.HK> : Was notified by Sinoma International that it received "decision letter on administrative regulatory measures" . "Company is currently operating under normal condition" . Jiangsu Securities Regulatory Bureau are of view that aforesaid actions were in breach of relevant requirements .Jiangsu Securities Regulatory Bureau took regulatory measures of rectification on sinoma international.  Full Article

China National Materials updates on announcement in relation to proposed reorganization
Monday, 27 Feb 2017 04:21am EST 

China National Materials Co Ltd <1893.HK>: Cnbm group has received "notice of review results" issued by anti-monopoly bureau of Ministry Of Commerce Of Prc .Notice states that after review, it is decided that acquisition of equity interest in Sinoma by Cnbm is not prohibited.  Full Article

China National Materials says net profit for year expected to fall by 30 pct
Wednesday, 22 Feb 2017 04:36am EST 

China National Materials Co Ltd <1893.HK> : Net profit attributable to shareholders for year ended 31 december 2016 expected to decrease by about 30% as compared to last year .Expected result due to increase in provisions for asset impairment losses of some subsidiaries of company..  Full Article

China National Materials updates on disputes over sales contract of unit
Tuesday, 21 Feb 2017 04:45am EST 

China National Materials Co Ltd <1893.HK> : refers to disputes over a sales contract between Sinoma Equipment & Engineering Corp and parties . amount involved in case includes rmb90.6 million and corresponding interests . case is still in process of enforcement, final results of debt recovery is still uncertain . final results of debt recovery is still uncertain, impact of events on profit/loss of co could not be estimated precisely for time being .Shanghai No.1 People's Intermediate Court has officially accepted enforcement application regarding case.  Full Article

China National Materials and Sinoma Finance enters 2017 financial services framework agreement
Wednesday, 8 Feb 2017 09:18am EST 

China National Materials Co Ltd <1893.HK> : Company and sinoma finance entered into 2017 financial services framework agreement . Sinoma Finance has agreed to provide deposit services, loan services and other financial services to group . Co entered into other supplemental agreement with Sinoma corp to terminate original property leasing framework agreement .Pursuant to 2017 property leasing framework agreement parent group agreed to lease certain parcels of lands and buildings in prc.  Full Article

China National Materials says unit entered into equipment procurement contract
Tuesday, 24 Jan 2017 04:04am EST 

China National Materials Co <1893.HK>- : Discloseable Transaction - Equipment Procurement Contract . Lithium membrane company entered into equipment procurement contract with dalian rubber & plastics . China national materials co ltd - pursuant to deal dalian rubber & plastics has agreed to sell target equipment to lithium membrane company .Deal for aggregate consideration thereunder being rmb303 million.  Full Article

China National Materials updates on notice of tax affairs from state administration of taxation office of Hanzhong City
Thursday, 29 Dec 2016 04:50am EST 

China National Materials Co Ltd <1893.HK> : Unit informed that Sinoma Hanjiang Cement received notice of tax affairs from state administration of taxation office of Hantai District, Hanzhong City . Aforesaid matter is expected to result in a decrease in group's profit for year of 2016 by rmb57.7 million .State administration taxation office disqualified Sinoma Hanjiang from entitlement to policies regarding rebate and exemption of value-added tax.  Full Article

China National Materials updates on second Civil Verdict
Friday, 23 Dec 2016 06:05am EST 

China National Materials Co Ltd <1893.HK> : Impact of matter on profit and loss of sinoma international in year of 2016 is approximately rmb143 million . Verdict to cease bankruptcy liquidation procedure of suzhou longhu . Reference is made to announcement of company dated 6 december 2016 in relation to agreement on debt payment .Sinoma e&e reported to sinoma hat sinoma e&e has received second civil verdict issued by suzhou xiangcheng district people's court.  Full Article

China National Materials Co Ltd announces proposed non-public issuance of A shares by Tianshan Cement
Wednesday, 28 Sep 2016 07:17am EDT 

China National Materials Co Ltd <1893.HK> : Sinoma-discloseable Transaction - Proposed Non-public Issuance Of A Shares By Tianshan Cement And Subscription Of A Shares Of Tianshan Cement By The Company . Issuance to raise proceeds of no more than rmb1.15 billion . Unit Tianshan Cement proposed to issue no more than 167.6 million a shares at subscription price by way of private placement .Company entered into share subscription contract with Tianshan Cement.  Full Article

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