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China Grand Automotive Services Co Ltd (600297.SS)

600297.SS on Shanghai Stock Exchange

9.42CNY
11:29pm EDT
Change (% chg)

¥0.04 (+0.43%)
Prev Close
¥9.38
Open
¥9.38
Day's High
¥9.46
Day's Low
¥9.34
Volume
6,509,450
Avg. Vol
23,521,660
52-wk High
¥13.22
52-wk Low
¥7.88

Latest Key Developments (Source: Significant Developments)

China Grand Automotive Services unit issues 2017 1st tranche mid-term bills worth 750 mln yuan
Friday, 17 Mar 2017 07:11am EDT 

China Grand Automotive Services Co Ltd <600297.SS> : Says its unit issued 2017 1st tranche mid-term bills worth 750 million yuan as of March 14 . Bills are each with issue price of 100 yuan, a term of 3 years and coupon rate of 6.50 percent, as well as maturity date of March 14, 2020 .Evergrowing Bank Co Ltd served as the main underwriter.  Full Article

China Grand Automotive Services unit to sell 70 pct stake in real estate company 88.5 mln yuan to investment company
Friday, 30 Dec 2016 04:49am EST 

China Grand Automotive Services <600297.SS>:Says its subsidiary will sell 70 percent stake in a Wuxi-based real estate company at 88.5 million yuan to a Guigang-based investment company.  Full Article

China Grand Automotive Services' H1 net profit up 52.7 pct
Tuesday, 30 Aug 2016 07:31am EDT 

China Grand Automotive Services Co Ltd <600297.SS> :Says H1 net profit up 52.7 percent y/y at 1.4 billion yuan ($209.72 million).  Full Article

China Grand Automotive Services to buy Shenzhen car dealer for 1 bln yuan
Friday, 19 Aug 2016 07:49am EDT 

China Grand Automotive Services Co Ltd <600297.SS> :Says it plans to buy Shenzhen car dealer Peng Feng Group for 1.0 billion yuan ($150.32 million).  Full Article

China Grand Automotive expects H1 net profit to rise 50-60 pct
Sunday, 31 Jul 2016 10:15pm EDT 

China Grand Automotive Services Co Ltd <600297.SS> :Says it expects H1 net profit to rise 50-60 percent y/y vs net profit of 904 million yuan ($136.26 million) year ago.  Full Article

China Grand Automotive Services issues 500 mln yuan worth of commercial paper
Thursday, 28 Jul 2016 11:41pm EDT 

China Grand Automotive Services Co., Ltd. <600297.SS>: Says it issues second tranche of 2016 super short-term financing bills worth 500 million yuan . Says the bills with a term of 270 days and an interest rate of 5.5 percent .Says the maturity date of April 24, 2017.  Full Article

China Grand Automotive Services announces outcome of takeover bid for shares of Boaxin Auto Group
Thursday, 23 Jun 2016 01:54am EDT 

China Grand Automotive Services Co Ltd <600297.SS>: Says 99.1 percent shareholders of Boaxin Auto Group <1293.HK> accepted takeover bid offer of the company and the company will buy 75 percent stake in Boaxin Auto as planned . Says Boaxin Auto Group will still be listing on Hong Kong Stock Exchange after the transaction .Says the company launched takeover bid for up to 75 percent stake in Boaxin Auto Group, at HK$5.99/share, in Dec. 2015.  Full Article

China Grand Automotive's shareholder reduces stake by 1.7 pct
Tuesday, 21 Jun 2016 07:30am EDT 

China Grand Automotive Services Co Ltd <600297.SS> :Says shareholder has reduced stake in the company by 1.7 percent to 3.7 percent on June 21.  Full Article

Lock-up period for China Grand Automotive Services' shares to end, shareholder to reduce stakes
Wednesday, 8 Jun 2016 08:07am EDT 

China Grand Automotive Services Co Ltd <600297.SS> : Says lock-up period for 868.8 million shares to end, shares to start trading on June 16 .Says shareholder Tianjin Zhenghe Sitong Equity Investment Fund plans to reduce up to 5.43 percent stake in the company in next six months from June 16, 2016.  Full Article

China Grand Automotive Services appoints Wang Xinming as president
Monday, 23 May 2016 12:10am EDT 

China Grand Automotive Services <600297.SS> Co., Ltd.:Says it appoints Wang Xinming as president of the company.  Full Article

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