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Shenyang Commercial City Co Ltd (600306.SS)

600306.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Shenyang Commercial City completes sale of 85.5 mln shares in Shengjing Bank
Tuesday, 7 Feb 2017 09:20pm EST 

Shenyang Commercial City Co Ltd <600306.SS> :Says it completes sale of 85.5 million shares (1.47 percent stake) in Shengjing Bank, for 521.55 million yuan.  Full Article

Shenyang Commercial City to sell stakes in Shengjing Bank
Tuesday, 25 Oct 2016 06:51am EDT 

Shenyang Commercial City Co Ltd <600306.SS> :Says it plans to sell stakes in Shengjing Bank <2066.HK>.  Full Article

Shenyang Commercial City plans to sell stakes in department store operator
Thursday, 29 Sep 2016 08:00am EDT 

Shenyang Commercial City Co Ltd <600306.SS> :Says it plans to sell 99.82 percent stake in department store operator for about 358.7 million yuan ($53.83 million).  Full Article

Shenyang Commercial City to take out 200 mln yuan loan from Shen Zhen Maoye Trade Building
Monday, 8 Aug 2016 01:26am EDT 

Shenyang Commercial City Co., Ltd. <600306.SS>:Says it will apply to Shen Zhen Maoye Trade Building Co., Ltd for an entrusted loan of 200 million yuan, for its operation funds.  Full Article

Shenyang Commercial City plans to sell department store
Sunday, 24 Jul 2016 11:09pm EDT 

Shenyang Commercial City <600306.SS> Co.Ltd:Says Shenyang-based real estate co plans to buy 99.82 percent stake in Shenyang-based department store from the company.  Full Article

Shenyang Commercial City to buy U Car for 1.46 bln yuan via share issue
Tuesday, 12 Jul 2016 04:52am EDT 

Shenyang Commercial City Co., Ltd. <600306.SS>: Says it will issue 110 million shares at 13.28 yuan per share to acquire 100 percent stake in U Car from an automobile industry investment firm . Says transaction price is 1.46 billion yuan . Says it will raise 1.4 billion yuan via private placement .Says the automobile industry investment firm's stake in the co will rise to 27.9 percent (110 million shares) from 0 percent.  Full Article

Shenyang Commercial City to pay no dividend payment for 2015
Monday, 25 Apr 2016 08:00pm EDT 

Shenyang Commercial City Co Ltd:Says the company will pay no dividend to shareholders for 2015.  Full Article

Shenyang Commercial City to take out loan from affiliated party
Monday, 25 Apr 2016 08:00pm EDT 

Shenyang Commercial City Co Ltd:To take out a loan of 200 million yuan from Shen Zhen Maoye Trade Building Co.Ltd which is a affiliated party of the company, for working capital replenish.Says payment for the use of state funds of 10 pct per annual.  Full Article

Shenyang Commercial City revises stake acquisition plan
Sunday, 31 Jan 2016 07:00pm EST 

Shenyang Commercial City Co Ltd:Says amends common stock issued to 109,939,759 shares via private placement, still at 13.28 yuan per share, for a 100 percent stake acquisition in Ucar network company worth 1.46 billion yuan.Says controlling shareholder will be a Shenzhen auto mobile investment company, holding 109,939,759 shares (27.9 percent stake) in the company.  Full Article

Shenyang Commercial City gives 2015 net profit outlook
Thursday, 28 Jan 2016 07:00pm EST 

Shenyang Commercial City Co Ltd:Sees net profit for 2015 to be -146.67 million yuan.Says the net profit of 2014 was 32.2597 million yuan.Comments the decreased operation revenue, increased costs and stake acquisition are the main reasons for the forecast.  Full Article

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BRIEF-Shenyang Commercial City applies to withdraw delisting risk warning

* Says it applies to withdraw delisting risk warning after it has returned to net profit in 2016