Key Developments: Nanjing Xinjiekou Department Store Co Ltd (600682.SS)

600682.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Nanjing Xinjiekou Department Store to transfer 90 pct stake in Nanjing-based subsidiary
Thursday, 26 Mar 2015 08:00pm EDT 

Nanjing Xinjiekou Department Store Co Ltd:To transfer 90 pct stake in Nanjing-based pharmaceutical subsidiary to a Shenzhen-based investment company for 558 mln yuan.To hold 10 pt stake in Nanjing-based pharmaceutical company.  Full Article

Nanjing Xinjiekou Department Store announces 2014 dividend payment
Thursday, 26 Mar 2015 08:00pm EDT 

Nanjing Xinjiekou Department Store Co Ltd:To use undistributed profits to pay cash dividend of 1 yuan per 10 shares (before tax) to shareholders for 2014.  Full Article

Nanjing Xinjiekou Department Store to set up joint venture
Friday, 27 Feb 2015 07:00pm EST 

Nanjing Xinjiekou Department Store Co Ltd:To set up a joint venture, with Natali Seculife Holding Ltd.Joint venture to be engaged in community medical service and service for the aged, with a registration capital of 30 million yuan.To hold a 35 pct stake in the joint venture.  Full Article

Nanjing Xinjiekou Department Store announces capital injection in MEICI HOLDING
Wednesday, 4 Feb 2015 07:00pm EST 

Nanjing Xinjiekou Department Store Co Ltd:To invest $1 mln into MEICI HOLDING INC (target company), to hold 8 pct stake up from 0 pct stake.The target company is engaged in wholesale business and technological development business.  Full Article

Nanjing Xinjiekou Department Store gives 2014 net profit outlook above I/B/E/S estimate
Wednesday, 14 Jan 2015 07:00pm EST 

Nanjing Xinjiekou Department Store Co Ltd:Sees net profit for 2014 to increase 150 pct to 200 pct.The net profit of 2013 was 135,240,800 yuan.2014 reported net profit of 162.96 million yuan – Thomson Reuters I/B/E/S.Comments Highland Group Holdings Limited consolidated in financial statement that are the main reasons for the forecast.  Full Article

Nanjing Xinjiekou Department Store Co Ltd updates shareholding changes
Tuesday, 30 Dec 2014 07:00pm EST 

Nanjing Xinjiekou Department Store Co Ltd:Says a group company, to raise stake in the company to 30.23 pct (129,227,268 shares) from 21.98 pct (78,748,591 shares) due to share issuance for stake acquisition.  Full Article

Nanjing Xinjiekou Department Store Co Ltd to issue shares for stake acquisition and fund raising
Tuesday, 30 Dec 2014 07:00pm EST 

Nanjing Xinjiekou Department Store Co Ltd:To issue 50,478,677 A shares at 11.49 yuan per share, to a group company, in exchange for 100 pct stake in a Nanjing-based industry company and Nanjing-based commerce and trade company.Transaction price is 580 million yuan in total.To issue up to 18,679,545 shares at 10.35 yuan per share to raise up to 193,333,300 yuan to no more than 10 investors, for decoration & transformation of new self-owned property and working capital supplement.  Full Article

Nanjing Xinjiekou Department Store Co Ltd announces change of CFO
Wednesday, 19 Nov 2014 07:00pm EST 

Nanjing Xinjiekou Department Store Co Ltd:Says Tan Jiamin resigned from position of chief financial officer.Appoints Pan Lijian as chief financial officer.  Full Article

Nanjing Xinjiekou Department Store Co Ltd announces change in accounting policy
Thursday, 30 Oct 2014 08:00pm EDT 

Nanjing Xinjiekou Department Store Co Ltd:Says change in accounting policy due to new accounting standards announced by Ministry of Finance of the People's Republic of China.Effective July 1.  Full Article

Nanjing Xinjiekou Department Store updates stake acquisition in Highland Group
Monday, 18 Aug 2014 08:00pm EDT 

Nanjing Xinjiekou Department Store Co Ltd:To acquire about 89 pct stake in Highland Group Holdings Limited by cash.Transaction price of 155,330,878 pounds (about 1,562,255,800 yuan).  Full Article

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