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Shandong Iron and Steel Co Ltd (600022.SS)

600022.SS on Shanghai Stock Exchange

2.69CNY
30 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Shandong Iron and Steel's shareholder unloads entire 4.99 pct stake
Friday, 24 Feb 2017 08:00am EST 

Shandong Iron and Steel Co Ltd <600022.SS> :Says shareholder has reduced entire 4.99 percent stake in the company on Feb 23 at average of 2.73 yuan ($0.3977) per share.  Full Article

Shandong Iron & Steel's shareholder plans to unload stake in the company
Thursday, 16 Feb 2017 05:13am EST 

Shandong Iron and Steel Co Ltd <600022.SS> :Says shareholder plans to unload 421.0 million shares in the company, representing 4.99 percent total issued share capital, in next six months.  Full Article

Shandong Iron and Steel's general manager retires
Tuesday, 10 Jan 2017 03:23am EST 

Shandong Iron And Steel Co Ltd <600022.SS> :Says General Manager Bi Zhichao resigns as he has reached retirement age.  Full Article

Shandong Iron & Steel returns to profit in Jan-Sept
Thursday, 27 Oct 2016 09:15am EDT 

Shandong Iron & Steel Co Ltd <600022.SS> :Says it returns to net profit of 24.4 million yuan ($3.60 million) in Jan-Sept versus net loss of 775.4 million yuan year ago.  Full Article

Shandong Iron and Steel appoints Wei Kechao as CFO
Friday, 3 Jun 2016 01:42am EDT 

Shandong Iron and Steel Company Ltd. <600022.SS> :Says it appoints Wei Kechao as CFO, to replace Sun Jiandong, who has resigned from the position.  Full Article

Shandong Iron and Steel announces no dividend payment for 2015
Thursday, 28 Apr 2016 08:00pm EDT 

Shandong Iron and Steel Co Ltd:Says no dividend payment for 2015.  Full Article

Shandong Iron and Steel announces financial leasing
Wednesday, 9 Mar 2016 07:00pm EST 

Shandong Iron and Steel Co Ltd:Signs a financial leasing contract with a leasing company.To sell wide and thick plate production equipment to the leasing company to finance 500 million yuan.To lease back the equipment with a term of two years and interest rate of 6.15 pct per annum.  Full Article

Shandong Iron and Steel issues 2015 net profit outlook above I/B/E/S estimates
Thursday, 28 Jan 2016 07:00pm EST 

Shandong Iron and Steel Co Ltd:Sees net profit for 2015 to be 80 million yuan to 120 million yuan, compared to net profit of 2014 (a loss of 1,398,414,314.77 yuan).Comments that structure optimization of production line, cost control, market development and productivity improvement are the main reasons for the forecast.2015 reported net income of 57.55 million yuan – Thomson Reuters I/B/E/S.  Full Article

Shandong Iron and Steel announces financial leasing
Wednesday, 16 Dec 2015 07:00pm EST 

Shandong Iron and Steel Co Ltd:Says signed a financial leasing contract with a Jinan-based leasing company.Says the company will sell its branch office's part of equipments to the leasing company for 500 million yuan.Says the branch office will lease back the equipments and facilities with a term of five years and interest rate of 6.15 percent.  Full Article

Shandong Iron and Steel announces resignation of chairman
Tuesday, 24 Nov 2015 07:00pm EST 

Shandong Iron and Steel Co Ltd:Chen Qixiang has resigned from the position of chairman of the board and director of the company.Cui Jurong has resigned from the position of general manager and director of the company.  Full Article

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