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Huayi Electric Co Ltd (600290.SS)

600290.SS on Shanghai Stock Exchange

11.04CNY
21 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Huayi Electric to swing to loss in FY 2017 Q1
Monday, 17 Apr 2017 03:06am EDT 

April 17 (Reuters) - Huayi Electric Co Ltd <600290.SS> ::* ees net profit for FY 2017 Q1 to decrease by 70 percent to 95 percent versus net profit at 15 million yuan in FY 2016 Q1 .* Says schedule delay of project construction as main reason for the forecast.  Full Article

Huayi Electric sees FY 2016 net loss to be 47.4 mln yuan
Tuesday, 11 Apr 2017 04:50am EDT 

Huayi Electric Co Ltd <600290.SS> : Sees FY 2016 net loss to be 47.4 million yuan . Says FY 2015 net profit was 60.1 million yuan .The reasons for the forecast are decreased sales revenue of wind power business and increased selling expense of domestic power transmission and distribution business.  Full Article

Huayi Electric unit to set up investment management LP with partners
Tuesday, 21 Feb 2017 05:35am EST 

Huayi Electric Company Limited <600290.SS> : Says its unit plans to set up an investment management limited partnership with partners .Says the limited partnership will be capitalized at 375 million yuan and its unit will hold a 40 percent stake in it.  Full Article

Huayi Electric's unit to set up investment JV
Friday, 17 Feb 2017 06:17am EST 

Huayi Electric Co Ltd <600290.SS> : Says unit plans to invest 150 million yuan ($21.85 million)to set up investment management JV .Says controlling shareholder has used 8 million shares in the company, representing 1.05 percent total issued share capital, as collateral until Feb 10, 2027.  Full Article

Huayi Electric's general manager resigns due to change in job role
Friday, 9 Dec 2016 05:24am EST 

Huayi Electric Co Ltd <600290.SS> :Says General Manager Chen Daorong resigns due to change in job role.  Full Article

Huayi Electric says court rejects lawsuit filed by electric aluminum firm against unit
Thursday, 8 Dec 2016 12:52am EST 

Huayi Electric Co Ltd <600290.SS>:Says court rejected lawsuit filed by electric aluminum firm against electronics technology unit, regarding construction project contract dispute.  Full Article

Huayi Electric issues Q1 to Q3 2016 net profit to fall
Tuesday, 27 Sep 2016 11:11pm EDT 

Huayi Electric Co Ltd <600290.SS> : Sees net profit for Q1 to Q3 of 2016 to fall 50 percent to 80 percent .The net profit of the same period in 2015 was 140.8 million yuan.  Full Article

Huayi Electric says Huayi Group to sell 9.2 pct stake in it in six months
Friday, 23 Sep 2016 03:32am EDT 

Huayi Electric <600290.SS>:Says Huayi Group plans to sell 9.2 percent stake (up to 70 million shares) in it in six months.  Full Article

Huayi Electric sees 2016 H1 net profit to fall 25 pct to 55 pct
Wednesday, 27 Jul 2016 10:22pm EDT 

Huayi Electric <600290.SS> Co Ltd: Says it expects 2016 H1 net profit to fall 25 percent to 55 percent .Says the net profit of the same period in 2015 was 80.7 million yuan.  Full Article

Huayi Electric appoints Chen Daorong as general manager
Tuesday, 12 Jul 2016 03:40am EDT 

Huayi Electric Co Ltd <600290.SS>:Says it appoints Chen Daorong as general manager of the co.  Full Article

More From Around the Web

BRIEF-Huayi Electric's unit to set up investment JV

* Says unit plans to invest 150 million yuan ($21.85 million)to set up investment management JV