Key Developments: Yinchuan Xinhua Commercial Group Co Ltd (600785.SS)

600785.SS on Shanghai Stock Exchange

13.06CNY
16 Sep 2014
Price Change (% chg)

¥-0.26 (-1.95%)
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¥13.32
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¥12.88
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Latest Key Developments (Source: Significant Developments)

Yinchuan Xinhua Commercial (Group) Co Ltd announces FY 2013 dividend payment date
Tuesday, 20 May 2014 08:00pm EDT 

Yinchuan Xinhua Commercial (Group) Co Ltd:To pay cash dividend of 3 yuan per 10 shares (before tax) to shareholders of record on May 26 for the fiscal year 2013.The company's shares will be traded ex-dividend on May 27 and the dividend will be paid on May 30.  Full Article

Yinchuan Xinhua Commercial (Group) to acquire Ningxia-based dairy group company
Tuesday, 29 Apr 2014 08:00pm EDT 

Yinchuan Xinhua Commercial (Group) Co Ltd:To acquire 100 pct stake in a Ningxia-based dairy group company from a Ningxia-based diary company, at 38.5 mln yuan.The company is currently holding 45 pct stake in the Ningxia-based diary company.  Full Article

Yinchuan Xinhua Commercial (Group) to sell stake in Ningxia-based company
Tuesday, 29 Apr 2014 08:00pm EDT 

Yinchuan Xinhua Commercial (Group) Co Ltd:To sell entire 45 pct stake in a Ningxia-based dairy company to Ascendent Dairy (HK) Limited, in U.S dollars equivalent to 300 mln yuan.  Full Article

Yinchuan Xinhua Commercial (Group) Co Ltd to buy commercial building and office
Wednesday, 16 Apr 2014 08:00pm EDT 

Yinchuan Xinhua Commercial (Group) Co Ltd:To buy commercial building and office from a Ningxia real estate agency.To buy total area of 50500 square meter, at price of 485 mln yuan.  Full Article

Yinchuan Xinhua Commercial (Group) Co Ltd completes acquisition of subsidiary
Thursday, 27 Feb 2014 07:00pm EST 

Yinchuan Xinhua Commercial (Group) Co Ltd:Completed issue of 18,200,000 new shares for 12.90 yuan per share for acquisition of a 49 pct stake in its subsidiary, a Yinchuan-based electrical equipment company.The company now holds a 100 pct stake in the subsidiary.  Full Article

Yinchuan Xinhua Commercial (Group) Co Ltd announces FY 2013 dividend payment
Thursday, 20 Feb 2014 07:00pm EST 

Yinchuan Xinhua Commercial (Group) Co Ltd:Says to pay cash dividend of 3.00 yuan per 10 shares (pre-tax) to shareholders for fiscal year 2013.  Full Article

Yinchuan Xinhua Commercial (Group) Co Ltd Appoints Chairman
Friday, 15 Nov 2013 07:00pm EST 

Yinchuan Xinhua Commercial (Group) Co Ltd announced that it has appointed Mr. Qu Kui as Chairman of the Board in the Company, effective November 15, 2013.  Full Article

Yinchuan Xinhua Commercial (Group) Co Ltd Announces Changes in Shareholding Structure
Thursday, 31 Oct 2013 08:00pm EDT 

Yinchuan Xinhua Commercial (Group) Co Ltd announced that a Yinchuan-based household equipment company and an individual, who are persons acting in concert, has increased holdings in the Company from 0% to 7.24% (16,350,000 shares).  Full Article

Yinchuan Xinhua Commercial (Group) Co Ltd to Issue Shares for Fully Acquisition of Subsidiary
Wednesday, 30 Oct 2013 08:00pm EDT 

Yinchuan Xinhua Commercial (Group) Co Ltd announced that it will issue 13,750,000 shares to a Yinchuan-based home appliance company, 2,600,000 shares to Liang Qing and 1,850,000 shares to Wang Chunhua, at the price of RMB 12.90 per share, or RMB 234,780,000 in total, as well as pay cash of 74,290,000 to the Yinchuan-based company and the two individuals, to acquire a 49% stake in a Yinchuan-based electrical equipment company (target company). After the transaction, the Company will hold a 100% stake in the target company, up from 51%.  Full Article

Yinchuan Xinhua Commercial (Group) Co Ltd to Establish Joint Venture
Friday, 27 Sep 2013 08:00pm EDT 

Yinchuan Xinhua Commercial (Group) Co Ltd announced that it has decided to establish a joint venture with a Beijing-based diamond trading company and an individual. The joint venture will be engaged in operation of diamond department store, with a registration capital of RMB 8 million, based in Ningxia province. The Company, the Beijing-based company and the individual will hold a 60% stake, a 19% stake and a 21% stake in the joint venture.  Full Article

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