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Kingray New Materials Science & Technology Co Ltd (600390.SS)

600390.SS on Shanghai Stock Exchange

13.86CNY
6 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Kingray New Materials Science & Technology sees 2016 H1 net profit of 75 mln yuan
Tuesday, 26 Jul 2016 10:36pm EDT 

Kingray New Materials Science & Technology <600390.SS> Co., Ltd.: Says it expects 2016 H1 net profit to be about 75 million yuan .Says the net profit of the same period in 2015 was -20.6 million yuan.  Full Article

Kingray New materials Science & Technology updates shareholding changes
Monday, 20 Jun 2016 10:15pm EDT 

Kingray New materials Science & Technology Co Ltd <600390.SS>: Says the shareholder Changsha Research Institute Of Metallurgy And Design Co Ltd will increase stake in the company to 50.2 percent, up from 27.3 percent, after the major restructuring .Says AEGON-INDUSTRIAL Fund will hold 5.8 percent stake in the company, up from 0 percent, after private placement.  Full Article

Kingray New Materials Science & Technology amends acquisition price for financial assets to 18.47 bln yuan
Monday, 20 Jun 2016 10:13pm EDT 

Kingray New Materials Science & Technology Co Ltd <600390.SS>: Says it plans to buy assets in capital management, trust firm, brokerage and futures for a combined 18.47 billion yuan via share issue .Says in the previous release updated on May 19, the acquisition price was 18.3 billion yuan in total.  Full Article

Kingray New Materials Science & Technology announces bankruptcy of unit
Tuesday, 7 Jun 2016 10:43pm EDT 

Kingray New Materials Science & Technology Co Ltd <600390.SS> :Says Zaozhuang Intermediate People's Court has announced company's Zaozhuang-based unit's bankruptcy.  Full Article

Kingray New Materials to buy financial assets via share issue
Thursday, 19 May 2016 07:08am EDT 

Kingray New Materials Science & Technology Co Ltd <600390.SS> : Says it plans to buy assets in capital management, trust firm, brokerage and futures for a combined 18.3 billion yuan ($2.80 billion) via share issue .Says it aims to raise up to 15 billion yuan in private placement of shares to boost target assets' capital, its working capital.  Full Article

Kingray New Materials Science & Technology announces no dividend payment for 2015
Wednesday, 27 Apr 2016 08:00pm EDT 

Kingray New Materials Science & Technology Co Ltd:Announces no dividend payment for 2015.  Full Article

Kingray New Materials Science & Technology gives 2015 net profit outlook below I/B/E/S estimates
Friday, 29 Jan 2016 07:00pm EST 

Kingray New Materials Science & Technology Co Ltd:Sees net profit for 2015 to be a loss of 360 million yuan.Says the net profit of 2014 was a loss of 28.0411 mln yuan.2015 reported net profit of a loss of 11.01 million yuan – Thomson Reuters I/B/E/S.Comments that decreased sale price, bankruptcy in unit are the main reasons for the forecast.  Full Article

Kingray New Materials Science & Technology says unit gets court approval for liquidation
Monday, 18 Jan 2016 07:00pm EST 

Kingray New Materials Science & Technology Co Ltd:Says bankruptcy plan of unit Zaozhuang Jintai Electronic Company Limited is approved by Zaozhuang People's Court on Jan. 18.Says the unit stopped production in late Aug. 2015, due to serious losses.  Full Article

Kingray New Materials Science & Technology appoints corporate auditor
Friday, 30 Oct 2015 08:00pm EDT 

Kingray New Materials Science & Technology Co Ltd:Appoints Pan-China Certified Public Accountants as corporate auditor for 2015.  Full Article

Kingray New Materials Science & Technology to halt production
Thursday, 22 Oct 2015 08:00pm EDT 

Kingray New Materials Science & Technology Co Ltd:To close its Guizhou-based wholly owned subsidiary, due to electrolytic manganese metal prices continue to fall and increased costs.  Full Article