Key Developments: Yangquan Coal Industry Group Co Ltd (600348.SS)

600348.SS on Shanghai Stock Exchange

6.55CNY
28 Aug 2014
Price Change (% chg)

¥0.06 (+0.92%)
Prev Close
¥6.49
Open
¥6.50
Day's High
¥6.67
Day's Low
¥6.49
Volume
13,404,500
Avg. Vol
23,829,581
52-wk High
¥9.96
52-wk Low
¥5.33

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Latest Key Developments (Source: Significant Developments)

Yangquan Coal Industry (Group) to apply for comprehensive credit line
Thursday, 7 Aug 2014 08:00pm EDT 

Yangquan Coal Industry (Group) Co Ltd:To apply to Yangquan coal group finance company for comprehensive credit line of 1,000 million yuan.The loan is with a term of one year and an annual interest rate of three year benchmark interest rate + 10 pct.  Full Article

Yangquan Coal Industry (Group) to apply for comprehensive credit line
Monday, 21 Jul 2014 08:00pm EDT 

Yangquan Coal Industry (Group) Co Ltd:To apply to a finance company for comprehensive credit line of 300 million yuan.The loan is with a term of 1 year, and an annual interest rate of 6.3 pct.  Full Article

Yangquan Coal Industry (Group) to provide loan guarantee for subsidiary
Monday, 7 Jul 2014 08:00pm EDT 

Yangquan Coal Industry (Group) Co Ltd:Says to provide loan guarantee of 100 million yuan for a wholly owned subsidiary, which is engaged in manufacturing of mining products and mechanical and electrical installation, based in Shouyang County.The loan guarantee is with a term of two years.  Full Article

Yangquan Coal Industry (Group) to issue medium term notes
Monday, 7 Jul 2014 08:00pm EDT 

Yangquan Coal Industry (Group) Co Ltd:To issue worth 3,000 million yuan medium term notes, with a term of five years.Other terms not disclosed.  Full Article

Yangquan Coal Industry (Group) Co Ltd announces 2013 dividend payment date
Wednesday, 2 Jul 2014 08:00pm EDT 

Yangquan Coal Industry (Group) Co Ltd:To pay cash dividend of 1.17 yuan per 10 shares (before tax) to shareholders of record on July 8 for 2013.The company's shares will be traded ex-dividend on July 9 and the dividend will be paid on July 9.  Full Article

Yangquan Coal Industry (Group) to provide guarantee
Thursday, 24 Apr 2014 08:00pm EDT 

Yangquan Coal Industry (Group) Co Ltd:To provide guarantee for a Shouyang-based coal subsidiary, for credit line of 140 mln yuan.  Full Article

Yangquan Coal Industry (Group) to acquire sub-subsidiary from subsidiary
Thursday, 24 Apr 2014 08:00pm EDT 

Yangquan Coal Industry (Group) Co Ltd:To acquire 100 pct stake in a logistics company from a wholly owned subsidiary, which is engaged in international trading business.To use equity in the logistics company to invest into a railway transport company.Transaction price was not disclosed.  Full Article

Yangquan Coal Industry (Group) announces change in accounting policy and accounting estimate
Thursday, 24 Apr 2014 08:00pm EDT 

Yangquan Coal Industry (Group) Co Ltd:Changed accounting policy for statement of trading business revenue, effective April 23.To change accounting estimate for provision standard of security charge to 30 yuan per tonne from 35 yuan per tonne, from May 1.  Full Article

Yangquan Coal Industry (Group) announces FY 2013 dividend payment
Thursday, 24 Apr 2014 08:00pm EDT 

Yangquan Coal Industry (Group) Co Ltd:To pay cash dividend of 1.17 yuan per 10 shares (before tax) to shareholders for fiscal year 2013.  Full Article

Yangquan Coal Industry (Group) Co Ltd announces FY 2013 net profit outlook
Tuesday, 28 Jan 2014 07:00pm EST 

Yangquan Coal Industry (Group) Co Ltd:Sees net profit for fiscal year (FY) 2013 to decrease by 55 pct to 65 pct, compared to the net profit of FY 2012 (2,287,620,000 yuan).Says sluggish coal market is the main reason for the forecast.FY 2013 net profit of 1,043,550,000 yuan - Thomson Reuters I/B/E/S.  Full Article

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