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Tongwei Co Ltd (600438.SS)

600438.SS on Shanghai Stock Exchange

9.13CNY
19 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Tongwei to invest 8 bln yuan in high purity silicon and new energy project
Friday, 11 Aug 2017 12:04am EDT 

Aug 11(Reuters) - Tongwei Co Ltd <600438.SS>:Says co plans to invest a high purity silicon and new energy project in Baotou via co's Sichuan-based unit or the unit's project company, with annual output of 50,000 tons.Says investment amount is about 8 billion yuan in total .  Full Article

Tongwei to pay FY 2016 annual div on June 15
Friday, 9 Jun 2017 03:02am EDT 

June 9(Reuters) - Tongwei Co Ltd <600438.SS> ::* Says it will pay FY 2016 dividend to shareholders of record on June 14.* The company's shares will be traded ex-right and ex-dividend on June 15 and the dividend will be paid on June 15.  Full Article

Tongwei to pay cash 0.8 yuan per 10 shares as FY 2016 div payment
Monday, 17 Apr 2017 02:16am EDT 

April 17(Reuters) - Tongwei Co Ltd <600438.SS> : :* Says it plans to pay cash 0.8 yuan per 10 shares as FY 2016 div payment.  Full Article

Tongwei's 2016 net profit up 39.1 pct, plans medium-term notes, commercial paper
Friday, 14 Apr 2017 05:17am EDT 

Tongwei Co Ltd <600438.SS> : Says 2016 net profit up 39.1 percent y/y at 1.0 billion yuan ($145.21 million) .Says it plans to issue up to 2.0 billion yuan medium-term notes, up to 2.0 billion yuan commercial paper.  Full Article

Tongwei unit to set up polysilicon JV in Leshan with partner
Tuesday, 14 Mar 2017 08:32am EDT 

Tongwei Co Ltd <600438.SS> : Says it will sign investment agreement with government to get industrial land for polycrystalline silicon and new energy project with annual output of 50,000 tons . Says its unit will use 1.02 billion yuan to set up a polysilicon joint venture with a technology partner in Leshan . Says the joint venture will be engaged in high-purity polysilicon business and new energy project, and will be capitalized at 1.2 billion yuan .The unit will hold 85 percent stake and the partner will hold 15 percent stake in the joint venture.  Full Article

Tongwei sees 2016 net profit up, unit to invest in silicon batteries project
Sunday, 22 Jan 2017 08:41pm EST 

Tongwei Co Ltd <600438.SS> : Says it sees 2016 net profit up 180-220 pct y/y at between 930 million yuan ($135.31 million) and 1.07 billion yuan .Says its unit plans silicon batteries project with investment at about 5.0 billion yuan.  Full Article

Tongwei's unit plans ecological park project with investment about 3 bln yuan
Thursday, 29 Sep 2016 07:30am EDT 

Tongwei Co Ltd <600438.SS> :Says unit plans to sign framework agreement on ecological park project with investment about 3.0 billion yuan ($450.25 million).  Full Article

Tongwei gets regulatory approval to acquire assets
Wednesday, 24 Aug 2016 05:23am EDT 

Tongwei Co Ltd <600438.SS> :Says it gets regulatory approval to acquire assets, share trade to resume on Aug 25.  Full Article

Tongwei's share trade to halt pending regulatory review of acquisition plan
Wednesday, 17 Aug 2016 08:00am EDT 

Tongwei Co Ltd <600438.SS> :Says share trade to halt from Aug 18 pending regulatory review of its asset acquisition proposal.  Full Article

Tongwei gets greenlight from anti-monopoly authorities on acquisition
Monday, 15 Aug 2016 04:10am EDT 

Tongwei Co Ltd <600438.SS> :Says it receives go-ahead from anti-monopoly authorities on acquisition deal.  Full Article

BRIEF-Tongwei sees Jan-Sept profit up 50-70 pct on upgrade in production technology

* Says it expects Jan-Sept net profit to rise 50-70 percent y/y from 901.6 million yuan ($139.19 million) a year ago