Key Developments: Grinm Advanced Materials Co Ltd (600206.SS)

600206.SS on Shanghai Stock Exchange

12.46CNY
29 Aug 2014
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Latest Key Developments (Source: Significant Developments)

Grinm Advanced Materials and subsidiary to sell semiconductor materials in Beijing-based semiconductor materials company
Friday, 1 Aug 2014 08:00pm EDT 

Grinm Advanced Materials Co., Ltd:The company and wholly owned subsidiary, Guo Jing Micro-electronic Holdings Limited, will sell all assets and liabilities in a Beijing-based semiconductor materials company, to General Research Institute for Nonferrous Metals.Transaction price valued at 888,069,700 yuan.  Full Article

Grinm Advanced Materials announces 2013 dividend payment date
Monday, 5 May 2014 08:00pm EDT 

Grinm Advanced Materials Co., Ltd:To use additional paid-in capital to distribute one new share for every share, to shareholders for 2013 as a record of May 9.The company's shares will be traded ex-right and ex-dividend on May 12.  Full Article

Grinm Advanced Materials to apply for comprehensive credit line
Tuesday, 29 Apr 2014 08:00pm EDT 

Grinm Advanced Materials Co., Ltd:To apply to Beijing Branch of Bank of Ningbo for comprehensive credit line of 70 mln yuan, with a term of one year.To apply to Beijing Century City Branch of China Merchants Bank for comprehensive credit line of 100 mln yuan up from 80 mln yuan, with a term of one year.  Full Article

Grinm Advanced Materials Co., Ltd. subsidiary completes establish new subsidiary
Monday, 21 Apr 2014 08:00pm EDT 

Grinm Advanced Materials Co., Ltd:Says its rare earth new materials subsidiary completed establish a new wholly owned subsidiary, in Hebei with a registered capital of 50 million yuan, on April 17.The new Hebei-based subsidiary has been engaged in research and development, production and sales of non-ferrous metal materials.Says plan disclosed on Feb. 12.  Full Article

Grinm Advanced Materials Co., Ltd. subsidiary establishes joint venture
Monday, 14 Apr 2014 08:00pm EDT 

Grinm Advanced Materials Co., Ltd:Subsidiary Grirem Advanced Materials Co., Ltd. established joint venture in Sichuan, for collaboration on rare earth industry integration and melting and separation of rare earth products.Joint venture established with Institute of Multipurpose Utilization of Mineral Resources, a Leshan-based rare earth company and a Sichuan-based mining company.  Full Article

Grinm Advanced Materials announces FY 2013 dividend payment
Thursday, 3 Apr 2014 08:00pm EDT 

Grinm Advanced Materials Co., Ltd:To use additional paid-in capital to distribute 10 new shares for every 10 shares, for fiscal year 2013.  Full Article

Grinm Advanced Materials subsidiary to set up joint venture
Wednesday, 26 Mar 2014 08:00pm EDT 

Grinm Advanced Materials Co., Ltd:Says its subsidiary will set up a joint venture in Beijing, with three companies.The joint venture will be engaged in rare earth materials business, with a registration capital of 80 million yuan.The subsidiary will hold a 15 pct stake in the joint venture.  Full Article

Grinm Advanced Materials proposes FY 2013 dividend payment
Tuesday, 18 Mar 2014 08:00pm EDT 

Grinm Advanced Materials Co., Ltd:Controlling shareholder proposes dividend to use additional paid-in capital to distribute 10 new shares for every 10 shares, for fiscal year 2013.  Full Article

Grinm Advanced Materials completes name change
Wednesday, 12 Mar 2014 08:00pm EDT 

Grinm Advanced Materials Co., Ltd:Changed company name into Grinm Advanced Materials Co., Ltd. from Grinm Semiconductor Materials Co Ltd.  Full Article

Grinm Semiconductor Materials Co Ltd's subsidiary signs LOI for cooperation
Friday, 28 Feb 2014 07:00pm EST 

Grinm Semiconductor Materials Co Ltd's Grirem Advanced Materials:Says signed a letter of intent for cooperation on Feb. 28, with a state-owned rare earth company, a Leshan-based rare earth company and a Sichuan-based mining company, for collaboration on rare earth industry integration, and the separation of rare earth mining and smelting, and other aspects.The four companies will set up a joint venture as integration platform.  Full Article

BRIEF-China's Grinm Advanced Materials, unit to sell silicon-related assets and debt

* Says it and unit plan to sell silicon-related assets and debt to General Research Institute for Nonferrous Metals for about 888.1 million yuan(143.72 million US dollar)

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