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Hengtong Optic-Electric Co Ltd (600487.SS)

600487.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Beijing Hengtong Innovation Luxwood Technology proposes FY 2016 dividend payment
Monday, 20 Mar 2017 02:38am EDT 

Beijing Hengtong Innovation Luxwood Technology Co., Ltd.<300374.SZ>:Says the co proposed to pay a cash dividend of 0.3 yuan for every 10 shares as the dividend payment plan for FY 2016.  Full Article

Hengtong Optic Electric unit wins bid of China Mobile transmission pipeline project
Friday, 10 Mar 2017 04:47am EST 

Hengtong Optic-Electric Co Ltd <600487.SS> : Says its Heilongjiang-based unit won bids of China Mobile 2017-2018 transmission pipeline centralized purchasing project .Bid price remains undisclosed.  Full Article

Hengtong Optic Electric sees 2016 net profit up 120-170 pct
Tuesday, 24 Jan 2017 06:07am EST 

Hengtong Optic Electric Co Ltd <600487.SS> :Says it sees 2016 net profit up 120-170 pct y/y from 572.8 million yuan ($83.55 million) a year ago.  Full Article

Hengtong Optic Electric's controlling shareholder to increase company shares
Wednesday, 30 Nov 2016 05:31am EST 

Hengtong Optic Electric Co Ltd <600487.SS> :Says controlling shareholder plans to buy company shares worth up to 500 million yuan ($72.66 million) within next six months.  Full Article

Hengtong Optic-Electric unit to jointly set up ocean engineering technology research and development center
Thursday, 22 Sep 2016 01:50am EDT 

Hengtong Optic-Electric Co Ltd <600487.SS>:Says its Jiangsu-based marine optical network system subsidiary to cooperate with School of Ocean and Earth Science, Tongji University, for establishment of ocean engineering technology research and development center.  Full Article

China's Hengtong Optic-Electric sees 9-mth profit surging
Sunday, 28 Aug 2016 09:28am EDT 

Hengtong Optic-Electric Co Ltd <600487.SS> :Says it sees 9-month net profit up 150-200 percent y/y at 1.0-1.2 billion yuan ($149.95-$179.94 million).  Full Article

Hengtong Optic-Electric to set up JV with partners
Monday, 15 Aug 2016 10:00pm EDT 

Hengtong Optic-Electric <600487.SS> Co., Ltd : Says it plans to set up joint venture in Jiangsu, with Anhui-based firm . Says the company will invest 21 million yuan into the joint venture to hold 70 percent stake .Says the joint venture with a registered capital of 30 million yuan.  Full Article

Hengtong Optic-electric to sell 52 pct stake in unit for 104 mln yuan
Tuesday, 9 Aug 2016 01:45am EDT 

Hengtong Optic-electric Co., Ltd. <600487.SS>: Says it signs agreement to divest 47 percent and 5 percent stake respectively in Shanghai-based optic-electric unit to two investment firms .Says transaction amount is 104 million yuan in all.  Full Article

Hengtong Optic-Electric sees H1 net profit to rise 150 pct to 200 pct
Monday, 18 Jul 2016 10:21pm EDT 

Hengtong Optic-Electric <600487.SS> Co., Ltd: Says it expects H1 net profit to increase by 150 percent to 200 percent, or to be 351.6 million yuan to 421.9 million yuan .Says the net profit of the same period in 2015 was 140.6 million yuan.  Full Article

Hengtong Optic-Electric expects H1 net profit to rise 150-200 pct y/y
Monday, 18 Jul 2016 06:48am EDT 

Hengtong Optic-Electric Co Ltd <600487.SS> :Says it expects H1 net profit to rise 150-200 percent y/y to 351.6-421.9 million yuan ($52.46-62.95 million).  Full Article

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BRIEF-Hengtong Optic-Electric clinches telecom upgrading contract in Thailand

* Says it clinches telecom infrastructure upgrading contract in Thailand worth $17.6 million