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Lingyuan Iron & Steel Co Ltd (600231.SS)

600231.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Lingyuan Iron & Steel to pay cash 0.17 yuan per 10 shares as FY 2016 div payment
Friday, 3 Mar 2017 04:15am EST 

Lingyuan Iron & Steel Co Ltd <600231.SS> :Says it plans to 0.17 yuan per 10 shares as FY 2016 div payment.  Full Article

Lingyuan Iron & Steel replaces its general manager
Thursday, 2 Mar 2017 02:00am EST 

Lingyuan Iron & Steel Co Ltd <600231.SS> :Says it appoints Feng Yajun as general manager, replacing Shen Xun who resigned due to change in job role.  Full Article

Lingyuan Iron & Steel expects FY 2016 net profit to increase by 100 to 200 pct
Monday, 9 Jan 2017 08:30am EST 

Lingyuan Iron & Steel Co Ltd <600231.SS>: Says net profit of FY 2016 expected to increase by 100 percent to 200 percent . Says the net profit of FY 2015 was 47.6 million yuan .Says steel market recovery is the main reason for the forecast.  Full Article

Lingyuan Iron & Steel says 2015 dividend payment date
Tuesday, 3 May 2016 08:00pm EDT 

Lingyuan Iron & Steel Co Ltd:To pay a cash dividend of 0.2 yuan (before tax) per 10 shares and distribute one new share for every 10 shares as stock dividends for 2015, to shareholders of record on May 9.To use additional paid-in capital to distribute nine new shares for every 10 shares.Says the company's shares will be traded ex-right and ex-dividend on May 10 and the dividend will be paid on May 10.  Full Article

Lingyuan Iron & Steel announces 2015 dividend payment
Wednesday, 30 Mar 2016 08:00pm EDT 

Lingyuan Iron & Steel Co Ltd:To use undistributed profits to pay a cash dividend of 0.2 yuan (pre-tax) per 10 shares to shareholders for 2015.To distribute one new share for every 10 shares as stock dividends.To use additional paid-in capital to distribute nine new shares for every 10 shares.  Full Article

Lingyuan Iron & Steel announces 2015 dividend payment
Wednesday, 23 Mar 2016 08:00pm EDT 

Lingyuan Iron & Steel Co Ltd:To use undistributed profits to pay a cash dividend of 0.2 yuan (pre-tax) per 10 shares to shareholders for 2015.To distribute one new share for every 10 shares as stock dividends.To use additional paid-in capital to distribute nine new shares for every 10 shares.  Full Article

Lingyuan Iron & Steel issues 2015 net profit outlook in line with I/B/E/S estimates
Friday, 29 Jan 2016 07:00pm EST 

Lingyuan Iron & Steel Co Ltd:Sees net profit for 2015 to be 30 million yuan to 80 million yuan, compared to net profit of 2014 (a loss of 712,582,700 yuan).Comments that recording of government subsidy is the main reason for the forecast.2015 reported net income of 64.30 million yuan – Thomson Reuters I/B/E/S.  Full Article

Lingyuan Iron & Steel receives subsidy
Thursday, 24 Dec 2015 07:00pm EST 

Lingyuan Iron & Steel Co Ltd:Received subsidy of 792 million yuan in total from Chaoyang Municipal Finance Bureau.  Full Article

Lingyuan Iron & Steel announces shareholding change of top shareholder
Sunday, 13 Dec 2015 07:00pm EST 

Lingyuan Iron & Steel Co Ltd:Top shareholder LING YUAN IRON & STEEL GROUP CO LTD is holding 34.26 pct stake in the company, down from 53.67 pct, after private placement.  Full Article

Lingyuan Iron & Steel issues shares
Friday, 11 Dec 2015 07:00pm EST 

Lingyuan Iron & Steel Co Ltd:Issued up to 455,580,865 A shares of its common stock through private placement, at 4.39 yuan per share.Raised 1,999,999,997.35 yuan in total.  Full Article

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