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Fujian Dongbai Group Co Ltd (600693.SS)

600693.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Fujian Dongbai Group unit to buy 12 pct stake in capital management company at 1.7 mln yuan
Tuesday, 27 Dec 2016 05:09am EST 

Fujian Dongbai Group : Says its assets management subsidiary will buy 12 percent stake in a Tibet-based capital management company from an individual at 1.7 million yuan in total .Says the subsidiary will hold 100 percent stake in the target company after acquisition.  Full Article

Fujian Dongbai Group adjusts private placement plan
Sunday, 29 May 2016 11:13pm EDT 

Fujian Dongbai Group Co., Ltd. <600693.SS> : Says it amends the private placement plan due to dividend payment .Says new plan is to issue up to 239.8 million new shares at 5.32 yuan per share, for 1.28 billion yuan in total.  Full Article

Fujian Dongbai Group says 2015 dividend payment date
Thursday, 19 May 2016 10:07pm EDT 

Fujian Dongbai Group Co Ltd <600693.SS>: Says it will use additional paid-in capital to distribute 10 new shares for every 10 shares to shareholders of record on May 25 for 2015 .The company's shares will be traded ex-right and ex-dividend on May 26.  Full Article

Fujian Dongbai (Group) subsidiary signs letter of purchase intent
Wednesday, 20 Apr 2016 08:00pm EDT 

Fujian Dongbai (Group) Co Ltd:Says it Fujian-based subsidiary asset management subsidiary signs letter of purchase intent with Chengdu-based storage company on April 20.The subsidiary plans to buy 85 pct stake in Zhangqing-based storage company, from Chengdu-based storage company by cash payment, to undertake target company's high-end logistic warehousing construction project.Transaction amount not disclosed.  Full Article

Fujian Dongbai (Group) signs strategic cooperation framework agreement with Shanghai Pudong Development Bank
Friday, 15 Apr 2016 08:00pm EDT 

Fujian Dongbai (Group) Co Ltd:Signs a strategic cooperation framework agreement with Shanghai Pudong Development Bank.The parties will cooperate in financial field.  Full Article

Fujian Dongbai (Group) announces 2015 dividend payment
Wednesday, 30 Mar 2016 08:00pm EDT 

Fujian Dongbai (Group) Co Ltd:To it use additional paid-in capital to distribute 10 new shares for every 10 shares.  Full Article

Fujian Dongbai (Group) to issue super short-term debentures
Wednesday, 2 Mar 2016 07:00pm EST 

Fujian Dongbai (Group) Co Ltd:To issue super short-term debentures worth of 500 mln yuan with a term of 270 days.Proceeds will be used for supplement of working capital and bank loan repayment.  Full Article

Fujian Dongbai (Group) to set up JV
Wednesday, 2 Mar 2016 07:00pm EST 

Fujian Dongbai (Group) Co Ltd:To set up a joint venture in Fujian, with an equity investment management company.The joint venture will be engaged in supply chain management business, with a registration capital of 10 million yuan.The company will hold a 51 pct stake in the joint venture.  Full Article

Fujian Dongbai (Group) subsidiary to buy 88 pct stake in Tibet-based capital management company
Wednesday, 2 Mar 2016 07:00pm EST 

Fujian Dongbai (Group) Co Ltd:Fujian-based subsidiary to buy 88 pct stake in Tibet-based capital management company for 11,555,758.81 yuan.  Full Article

Fujian Dongbai (Group) gives 2015 net profit outlook in line with I/B/E/S estimates
Thursday, 28 Jan 2016 07:00pm EST 

Fujian Dongbai (Group) Co Ltd:Says 2015 net profit outlook to decrease by 55-75 percent compared with 2014.Says 2014 net income was 146.2 million yuan.2015 net profit estimate is 51.8 million yuan, according to Thomson Reuters I/B/E/S.  Full Article

BRIEF-Fujian Dongbai gets regulatory approval for share private placement

* Says it gets securities regulator's approval to issue A-shares in private placement