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Liuzhou Chemical Industry Co Ltd (600423.SS)

600423.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Liuzhou Chemical Industry says fund sells 4.8 pct stake in it on Nov. 30
Friday, 2 Dec 2016 02:25am EST 

Liuzhou Chemical Industry <600423.SS>: Says a railway development investment fund sold 19 million shares (4.8 percent stake) of it on Nov. 30 .Says the fund holds 4.5 percent stake in it now, down from 9.2 percent.  Full Article

Liuzhou Chemical Industry says counterclaim by energy group firm
Thursday, 10 Nov 2016 03:00am EST 

Liuzhou Chemical Industry Co Ltd <600423.SS>: Says a Guangxi-based energy group firm filed counterclaim on Guangxi High Court, against the co and three other firms .Says the counterclaim filed the energy group firm is for debt transfer contract dispute and the plaintiff demands nullity of related agreements.  Full Article

Liuzhou Chemical faces tight capital due to sector slump
Tuesday, 27 Sep 2016 08:06am EDT 

Liuzhou Chemical Industry Co Ltd <600423.SS> : Says it faces liquidity risks as its cash and current assets are less than its short-term borrowing and debts which will be due in a year . Says it faces difficulties in financing, operation due to sector slump and there are little signs of sector recovery .Says it faces risks to redeem its bonds due to tight liquidity.  Full Article

Liuzhou Chemical's H1 net loss widens to 239.4 mln yuan
Tuesday, 9 Aug 2016 06:36am EDT 

Liuzhou Chemical Industry Co Ltd <600423.SS> :Says H1 net loss widens to 239.4 million yuan ($35.95 million) from 133.2 million yuan year ago.  Full Article

Liuzhou Chemical Industry announces no dividend payment for 2015
Friday, 29 Apr 2016 08:00pm EDT 

Liuzhou Chemical Industry Co Ltd:Says no dividend payment for 2015.  Full Article

Liuzhou Chemical Industry to apply for loan
Thursday, 31 Mar 2016 08:00pm EDT 

Liuzhou Chemical Industry Co Ltd:Says it will apply for a loan of up to 45 million yuan from Bank of Guizhou.Says the loan is with a term of one year.  Full Article

Liuzhou Chemical Industry cancels private placement plan
Friday, 4 Mar 2016 07:00pm EST 

Liuzhou Chemical Industry Co Ltd:Says cancels private placement of up to 305,927,338 shares of common stock.Says company aimed to raise proceeds of 1.6 bln yuan.  Full Article

Liuzhou Chemical Industry expects to post net loss in 2015
Sunday, 31 Jan 2016 07:00pm EST 

Liuzhou Chemical Industry Co Ltd:Says expects 2015 net loss of 350-420 million yuan.Says 2014 net income was 8.8 million yuan.Says overcapacity is the main reason.  Full Article

Liuzhou Chemical Industry announces freeze of shares
Friday, 8 Jan 2016 07:00pm EST 

Liuzhou Chemical Industry Co Ltd:117,997,443 shares (29.55 pct stake) held by a Liuzhou-based chemical group company was frozen in order for three years from Jan. 7.  Full Article

Liuzhou Chemical Industry receives administrative penalty
Monday, 4 Jan 2016 07:00pm EST 

Liuzhou Chemical Industry Co Ltd:Says received an administrative order from Guangzhou Regulatory Bureau of China Securities Regulatory Commission on Dec. 31, regarding information disclosure.  Full Article

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