Key Developments: Huangshan Tourism Development Co Ltd (600054.SS)

600054.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Huangshan Tourism Development announces change of accounting estimates
Thursday, 23 Apr 2015 08:00pm EDT 

Huangshan Tourism Development Co Ltd:Changed the accounting estimates regarding depreciation of fixed assets for cableway equipment, with subsidiaries.Effective May 1.  Full Article

Huangshan Tourism Development announces 2014 dividend payment
Wednesday, 15 Apr 2015 08:00pm EDT 

Huangshan Tourism Development Co Ltd:To pay cash dividend of 0.6 yuan per 10 shares (before tax) to all shareholders for 2014.  Full Article

Huangshan Tourism Development announces change of accounting policy
Thursday, 30 Oct 2014 08:00pm EDT 

Huangshan Tourism Development Co Ltd:Changed accounting policy based on new accounting standards released by Ministry of Finance, effective July 1.  Full Article

Huangshan Tourism Development Co Ltd issues 2014 first tranche short term notes
Tuesday, 28 Oct 2014 08:00pm EDT 

Huangshan Tourism Development Co Ltd:Completes the issuance of 2014 first tranche short term notes worth 300 mln yuan.Notes are with a term of 365 days, maturity date of Oct. 22, 2015 and interest rate of 4.63 pct.Bank of China served as the main underwriter.  Full Article

Huangshan Tourism Development announces private placement
Monday, 1 Sep 2014 08:00pm EDT 

Huangshan Tourism Development Co Ltd:To issue up to 40.20 mln A shares of its common stock through private placement, at no less than 12.43 yuan per share.To raise up to 500 million yuan in total.Proceeds raised will be used for bank loan repayment and parts projects.  Full Article

Huangshan Tourism Development announces FY 2013 dividend payment date
Monday, 12 May 2014 08:00pm EDT 

Huangshan Tourism Development Co Ltd:To pay cash dividend of 0.4 yuan per 10 shares (before tax) to shareholders for fiscal year 2013 as a record of May 16.The company's shares will be traded ex-right and ex-dividend on May 19 and the dividend will be paid on May 23.  Full Article

Huangshan Tourism Development announces FY 2013 dividend payment
Wednesday, 26 Mar 2014 08:00pm EDT 

Huangshan Tourism Development Co Ltd:To pay cash dividend of 0.4 yuan per 10 shares (before tax) to shareholders for fiscal year 2013.  Full Article

Huangshan Tourism Development Co Ltd announces changes in accounting policy
Friday, 27 Dec 2013 07:00pm EST 

Huangshan Tourism Development Co Ltd:Says it has changed the accounting policy for revenue from tickets of Huangshan Scenic Area and Huangshan cableway, from gross method to net method.  Full Article

Huangshan Tourism Development Co Ltd announces corrective actions
Friday, 27 Dec 2013 07:00pm EST 

Huangshan Tourism Development Co Ltd:Says it has taken corrective actions according to problems identified by Financial Ombudsman Office in Anhui Province of Ministry of Finance.Says the problems cover areas of fixed assets, revenue, cost, ticket revenue, implementation of internal control systems as well as false accounting statements.  Full Article

Huangshan Tourism Development Co Ltd Announces Administrative Penalty Decision
Tuesday, 24 Sep 2013 08:00pm EDT 

Huangshan Tourism Development Co Ltd announced that it has received an investigation report an administrative penalty decision from the Financial Ombudsman Office in Anhui Province of Ministry of Finance, on the investigation of quality of accounting information for fiscal year 2012 of the Company. Based on the administrative penalty decision, the Company was fined RMB 30,000 for the non-standardized accounting process of the Company. Based on the investigation, there were problems in the assets and liabilities, revenues, costs, implementation of internal control systems as well as false accounting statements for the accounting information of the fiscal year 2012.  Full Article

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