Key Developments: Shandong Iron and Steel Co Ltd (600022.SS)

600022.SS on Shanghai Stock Exchange

4.29CNY
17 Apr 2015
Change (% chg)

¥0.10 (+2.39%)
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¥4.19
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¥4.20
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177,349,507
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Latest Key Developments (Source: Significant Developments)

Shandong Iron and Steel announces no dividend payment for 2014
Friday, 10 Apr 2015 08:00pm EDT 

Shandong Iron and Steel Co Ltd:To pay no dividend to shareholders for 2014.  Full Article

Shandong Iron and Steel announces 2014 net profit outlook below I/B/E/S estimates
Friday, 30 Jan 2015 07:00pm EST 

Shandong Iron and Steel Co Ltd:Sees net profit for 2014 to be -1,350 mln yuan, compared to the net profit of 2013 (158,294,827.37 yuan).Says sluggish steel material market, increased period charge and decline in investment income as the main reason for the forecast.2014 reported net profit of -1,282.80 mln yuan - Thomson Reuters I/B/E/S.  Full Article

Shandong Iron and Steel Co Ltd signs capital increment framework agreement with Shandong iron & Steel Group Company Limited and Shandong-based iron & Steel company
Tuesday, 2 Dec 2014 07:00pm EST 

Shandong Iron and Steel Co Ltd:Signed capital increment framework agreement with Shandong iron & Steel Group Company Limited and Shandong-based iron & Steel company.Shandong iron & Steel Group Company Limited directly and indirectly holds 76.35 pct stake in the company and 100 pct stake in Shandong-based iron & Steel company.The company will hold 51.0018 pct stake in Shandong-based iron & Steel company after capital increment.  Full Article

Shandong Iron and Steel's appeal dismissed by court
Friday, 21 Nov 2014 07:00pm EST 

Shandong Iron and Steel Co Ltd:The court has dismissed the appeals made by the company against the judgment, regarding unauthorized shipment.The court has dismissed the company's appeals and affirm the original judgment.The company and Jinan branch were required to pay lawsuit fee of 511,692 yuan.  Full Article

Shandong Iron and Steel Co Ltd to issue new shares through private placement
Friday, 7 Nov 2014 07:00pm EST 

Shandong Iron and Steel Co Ltd:To issue up to 2,762,440,000 A shares of its common stock through private placement, at no less than 1.81 yuan per share.To raise up to 5,000 million yuan in total.Proceeds raised will be used for capital increment of steel base project.  Full Article

Shandong Iron and Steel Co Ltd announces financial leasing
Thursday, 28 Aug 2014 08:00pm EDT 

Shandong Iron and Steel Co Ltd:Signs a financial leasing contract with a Shandong-based financial leasing company.The company will sell part of production equipment of branch to the leasing company for 1,200 mln yuan.To lease back the equipment with a term of no more than five years and interest rate of 6.15 pct.  Full Article

Shandong Iron and Steel announces resignation of finance director
Wednesday, 23 Jul 2014 08:00pm EDT 

Shandong Iron and Steel Co Ltd:Says Chen Hong has resigned from the position of finance director and general manager assistant of the company.  Full Article

Shandong Iron and Steel announces no dividend payment for FY 2013
Thursday, 24 Apr 2014 08:00pm EDT 

Shandong Iron and Steel Co Ltd:To pay no dividend to shareholders for the fiscal year 2013.  Full Article

Shandong Iron and Steel updates lawsuit process
Friday, 14 Mar 2014 08:00pm EDT 

Shandong Iron and Steel Co Ltd:Received judgment of first instance from Jinan Intermediate People's Court, which requested joint liabilities of the company and Jinan branch for unauthorized shipment.Says the company has filed appeal against the judgment.  Full Article

Shandong Iron and Steel to set up branch
Wednesday, 12 Mar 2014 08:00pm EDT 

Shandong Iron and Steel Co Ltd:To set up a branch in Laiwu, which will be in charge of railway transport business of existing Laiwu branch.  Full Article

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