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AviChina Industry & Technology Co Ltd (2357.HK)

2357.HK on Hong Kong Stock

5.35HKD
2:49am EDT
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HK$0.08 (+1.52%)
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HK$5.27
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Latest Key Developments (Source: Significant Developments)

Avichina Industry & Technology says unit entered into joint venture agreement
Wednesday, 15 Mar 2017 04:35am EDT 

Avichina Industry & Technology Co Ltd <2357.HK>- : Avichina Industrial Investment entered into joint venture agreement with shanghai aviation electric . Pursuant to agreement company agreed to make indirect capital contributions of approximately rmb76.674 million .Joint venture agreement in relation to proposed establishment of Avic Laser.  Full Article

Avichina Industry & Technology says 2016 net profit up 29.66 pct
Wednesday, 15 Mar 2017 12:12am EDT 

Avichina Industry & Technology Co Ltd <2357.HK>: Revenue of group for year 2016 amounted to RMB36,628 million . Profit attributable to equity holders of company for year 2016 amounted to RMB1,119 million, representing an increase of 29.66% . Board recommended payment of a final dividend of RMB0.02 per share .Gu Huizhong has tendered a resignation to board to retire as non-executive director.  Full Article

AviChina Industry & Technology Company says Avic avionics and bank entered into loan agreement
Wednesday, 21 Dec 2016 07:41am EST 

AviChina Industry & Technology Company Ltd <2357.HK> : Avic Avionics and bank entered into entrusted loan agreement .Company entrusted bank to grant entrusted loan of RMB300 million to Avic Avionics for a term of one year.  Full Article

AviChina Industry says formation of a joint venture<2357.HK>
Tuesday, 6 Sep 2016 05:28am EDT 

AviChina Industry & Technology Co Ltd <2357.HK>: Connected transaction:formation of a joint venture <2357.HK> . Entered into capital contribution agreement . Group will hold 35.83% of the equity interest in AviChina intelligent surveying & mapping in total . Says the company and unit proposed to contribute RMB70 million and RMB9 million in cash in the establishment .  Full Article

AviChina Industry says for HY group achieved revenue of RMB15.39 bln, up 1.65%<2357.HK>
Thursday, 25 Aug 2016 12:11am EDT 

AviChina Industry & Technology Co Ltd <2357.HK>: For the six months ended 30 June 2016, the profit attributable to equity holders of the company amounted to RMB504 million, an increase 6.78% . For HY the group achieved a revenue of RMB15.39 billion, up 1.65% . In H2 "the company will expand the investment into major aviation manufacturing business" . Does not recommend the payment of any interim dividend for the six months ended 30 June 2016 .  Full Article

AviChina Industry & Technology says Hafei Aviation enters into JV contract with Caiga<2357.HK>
Monday, 13 Jun 2016 06:01am EDT 

AviChina Industry & Technology Co Ltd <2357.HK>: Connected transaction- formation of a joint venture company <2357.HK> . On 13 June, Hafei Aviation entered into the joint venture contract with caiga . Hafei aviation, caiga and dazheng investment will hold 40%, 40% and 20% of the equity interest in Harbin general aircraft . Avichina industry & technology co -pursuant to agreement hafei aviation proposed to contribute RMB200 mlnin kind in establishment of Harbin general aircraft . For first 3 yrs after establishment of jv , the chairman of board of directors will be director nominated by hafei aviation .  Full Article

AviChina Industry & Technology Co Ltd says acquisition of Avic
Wednesday, 30 Sep 2015 03:56am EDT 

AviChina Industry & Technology Co Ltd:Discloseable and connected transactions: acquisition of 100% equity interest in avic planning and issuance of domestic shares as consideration.Acquisition of 100% equity interest in avic planning and issuance of domestic shares as consideration.Entered into the equity acquisition and share issuance agreement with avic.Avic has conditionally agreed to sell the 100% equity interest held by avic in avic planning.The issue price for each consideration share is RMB4.42.Avichina industry & technology co-consideration for which is to be satisfied by the issuance of approximately 489.6 million domestic shares to avic.  Full Article

AviChina Industry & Technology Co Ltd announces final dividend
Friday, 26 Jun 2015 04:21am EDT 

AviChina Industry & Technology Co Ltd:Says a 2014 final dividend of 0.02 Yuan (equivalent to about HK$0.025344) per share (tax inclusive) will be paid to holders of H shares whose names appear on the register on June 25.The final dividend is expected to be paid on or before Aug. 27.  Full Article

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