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Tong Oil Tools Co Ltd (300164.SZ)

300164.SZ on Shenzhen Stock Exchange

10.19CNY
17 Jan 2017
Change (% chg)

¥0.34 (+3.45%)
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¥9.85
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Latest Key Developments (Source: Significant Developments)

Tong Oil Tools and Zhang Ye jointly boost capital in petroleum tech service JV
Tuesday, 27 Dec 2016 09:47pm EST 

Tong Oil Tools Co Ltd <300164.SZ> : Says co and individual Zhang Ye entered into agreement to boost capital in petroleum engineering technology service firm (JV) whose registered capital will be raised to 11 million yuan from 5 million yuan .Co's stake in JV will be changed to 16.80 percent down from 40 percent after capital injection.  Full Article

Tong Oil Tools to acquire 3.125 pct stake in US company Cutters Group Management
Tuesday, 27 Dec 2016 03:58am EST 

Tong Oil Tools Co Ltd <300164.SZ> :Says it plans to acquire 3.125 percent stake in U.S. company Cutters Group Management Inc.  Full Article

Tong Oil Tools to transfer 60 pct stake in petroleum engineering technology service unit to individual for free
Tuesday, 15 Nov 2016 01:41am EST 

Tong Oil Tools <300164.SZ>: Says it plans to transfer 60 percent stake in a Yan'an-based petroleum engineering technology service wholly owned subsidiary to individual for free .Says it will hold 40 percent stake in the subsidiary after the transfer.  Full Article

Tong Oil Tools sees 2016 Q1~Q3 net profit to be 5 mln-10 mln yuan
Friday, 14 Oct 2016 04:55am EDT 

Tong Oil Tools Co Ltd <300164.SZ> :sees 2016 Q1~Q3 net profit to be 5 million yuan to 10 million yuan, while net loss of Q1~Q3 in 2015(18.6 million yuan).  Full Article

Tong Oil Tools to acquire 16.5 pct stake in petroleum technology service company at 20.6 mln yuan
Friday, 30 Sep 2016 05:08am EDT 

Tong Oil Tools <300164.SZ>: Says it will invest 20.6 million yuan in a Songyuan-based petroleum technology service company .Says it will hold 16.5 percent stake in the target company after investment.  Full Article

Tong Oil Tools to sell 100 pct stake in petroleum technology unit at 7.9 mln yuan
Friday, 30 Sep 2016 05:04am EDT 

Tong Oil Tools <300164.SZ>:Says it will sell 100 percent stake in a Beijing-based petroleum technology subsidiary at 7.9 million yuan to a Beijing-based petrol engineering technology company.  Full Article

Tong Oil Tools completes fully acquiring YongChen Petroleum via private placement of new shares and cash payment
Tuesday, 19 Jul 2016 05:41am EDT 

Tong Oil Tools <300164.SZ>:Says it completed fully acquiring YongChen Petroleum via private placement of new shares and cash payment on July 13.  Full Article

Tong Oil Tools sees 2016 H1 net loss to be 15~10 mln yuan
Thursday, 14 Jul 2016 11:33pm EDT 

Tong Oil Tools Co Ltd <300164.SZ> : Sees 2016 H1 net loss to be 15 million yuan to 10 million yuan, and net loss of H1 of 2015 was 27.6 million yuan .Says influence from global oil market condition as main reasons for the forecast.  Full Article

Tong Oil Tools' unit to acquire Rush Wellsite Services
Friday, 24 Jun 2016 04:17am EDT 

Tong Oil Tools Co Ltd <300164.SZ> :Says unit signs letter of intent to acquire U.S.'s Rush Wellsite Services Inc for $22.5 million.  Full Article

Tong Oil Tools announces no dividend payment for 2015
Thursday, 21 Apr 2016 08:00pm EDT 

Tong Oil Tools Co Ltd:To pay no dividend for 2015.  Full Article