Key Developments: Shanxi Lanhua Sci-Tech Venture Co Ltd (600123.SS)

600123.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Shanxi Lanhua Sci-Tech Venture issues 2014 net profit outlook above I/B/E/S estimates
Friday, 23 Jan 2015 07:00pm EST 

Shanxi Lanhua Sci-Tech Venture Co Ltd:Sees net profit for 2014 to decrease by 93.01 pct to 95.81 pct, or to be 42 mln yuan to 70 mln yuan.Says the net profit of 2013 was 1,001,311,000 yuan.2014 reported net income of 32.05 million yuan – Thomson Reuters I/B/E/S.Comments that decreased sales income of coal and urea business, loss on closure of chemical fertilizer related company, as well as the decreased investment profit in another company are the main reasons for the forecast.  Full Article

Shanxi Lanhua Sci-Tech Venture announces change of accounting policy
Monday, 27 Oct 2014 08:00pm EDT 

Shanxi Lanhua Sci-Tech Venture Co Ltd:Changed accounting policy based on new accounting standards released by Ministry of Finance, effective July 1.  Full Article

Shanxi Lanhua Sci-Tech Venture Co Ltd announces 2013 dividend payment date
Sunday, 20 Jul 2014 08:00pm EDT 

Shanxi Lanhua Sci-Tech Venture Co Ltd:To pay cash dividend of 2.63 yuan per 10 shares (before tax) to shareholders of record on July 24 for 2013.The company's shares will be traded ex-dividend on July 25 and the dividend will be paid on July 25.  Full Article

Shanxi Lanhua Sci-Tech Venture issues H1 2014 net profit outlook
Friday, 11 Jul 2014 08:00pm EDT 

Shanxi Lanhua Sci-Tech Venture Co Ltd:Sees net profit for the H1 2014 to be -2 mln yuan to -12 mln yuan.The net profit of the same period in 2013 was 699,503,500 yuan.Comments that sluggish coal and urea market, as well as provision for assets impairment as the main reasons for the forecast.  Full Article

Shanxi Lanhua Sci-Tech Venture Co Ltd announces 2013 dividend payment
Monday, 28 Apr 2014 08:00pm EDT 

Shanxi Lanhua Sci-Tech Venture Co Ltd:To use undistributed profits to pay cash dividend of 2.63 yuan per 10 shares (before tax) to the company's shareholders for 2013.  Full Article

Shanxi Lanhua Sci-Tech Venture Co Ltd issues FY 2014 Q1 net profit outlook
Wednesday, 9 Apr 2014 08:00pm EDT 

Shanxi Lanhua Sci-Tech Venture Co Ltd:Sees net profit for quarter one of the fiscal year 2014 to be about a loss of 51.65 million yuan.Net profit for FY 2013 Q1 was 423.7204 million yuan.Comments that price falling in coal and urea market and the assets impairment provision loss of about 254 million due to fertilizer subsidiary's relocation are the main reasons for the forecast.  Full Article

Shanxi Lanhua Sci-Tech Venture Co Ltd to Provide Loan Guarantee
Thursday, 15 Aug 2013 08:00pm EDT 

Shanxi Lanhua Sci-Tech Venture Co Ltd announced that it will provide guarantee for a loan of RMB 18.5 million applied by a Shanxi-based energy transportation subsidiary, a loan of RMB 30 million applied by a Shanxi-based chemical subsidiary, a loan of RMB 200 million applied by a Shanxi-based coal subsidiary, a loan of RMB 150 million applied by another Shanxi-based coal subsidiary, a loan of RMB 80 million applied by a Shanxi-based coking coal subsidiary, as well as a loan of RMB 200 million applied by a Shanxi-based coal industry subsidiary.  Full Article

Shanxi Lanhua Sci-Tech Venture Co Ltd Announces FY 2012 Dividend Payment Date
Monday, 24 Jun 2013 08:00pm EDT 

Shanxi Lanhua Sci-Tech Venture Co Ltd announced that it will pay a cash dividend of RMB 6 per 10 shares (pre-tax) for fiscal year 2012 to shareholders as a record of June 28, 2013. The Company's shares will be traded ex-dividend on July 1, 2013 and the dividend will be paid on July 5, 2013.  Full Article

Shanxi Lanhua Sci-Tech Venture Co Ltd Announces FY 2012 Dividend Payment
Wednesday, 17 Apr 2013 08:00pm EDT 

Shanxi Lanhua Sci-Tech Venture Co Ltd announced that it will pay cash dividend of RMB 6 per 10 shares (before tax) to the Company's shareholders for fiscal year 2012.  Full Article

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