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

600785.SS on Shanghai Stock Exchange

29.93CNY
2 Jun 2015
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Latest Key Developments (Source: Significant Developments)

Yinchuan Xinhua Commercial (Group) announces private placement
Friday, 22 May 2015 08:00pm EDT 

Yinchuan Xinhua Commercial (Group) Co Ltd:To issue up to 56.63 mln A shares of its common stock through private placement, at 17.66 yuan per share, to three companies.To raise up to 1,000,085,800 yuan in total.The proceeds raised will be used for supplement of working capital and parts projects.  Full Article

Yinchuan Xinhua Commercial (Group) announces shareholding change
Wednesday, 29 Apr 2015 08:00pm EDT 

Yinchuan Xinhua Commercial (Group) Co Ltd:Two Shanghai-based capital management company have increased stake in the company to 10.00004 pct from 5.0191 pct.  Full Article

Yinchuan Xinhua Commercial (Group) to fully acquire stake in Ningxia-based company
Tuesday, 28 Apr 2015 08:00pm EDT 

Yinchuan Xinhua Commercial (Group) Co Ltd:To acquire 100 pct stake in a Ningxia-based investment company.Transaction price of 78.50 mln yuan.  Full Article

Yinchuan Xinhua Commercial (Group) announces shareholding change
Wednesday, 15 Apr 2015 08:00pm EDT 

Yinchuan Xinhua Commercial (Group) Co Ltd:Says a Shanghai-based invest management company increased holding stake in the company to 3.8133 pct (8,604,035 shares) from 0 pct.  Full Article

Yinchuan Xinhua Commercial (Group) announces change in accounting policy
Monday, 30 Mar 2015 08:00pm EDT 

Yinchuan Xinhua Commercial (Group) 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, 2014.  Full Article

Yinchuan Xinhua Commercial (Group) announces no dividend payment for 2014
Thursday, 26 Mar 2015 08:00pm EDT 

Yinchuan Xinhua Commercial (Group) Co Ltd:Says the company will pay no dividend to shareholders for 2014.  Full Article

Yinchuan Xinhua Commercial (Group) announces lawsuit
Tuesday, 27 Jan 2015 07:00pm EST 

Yinchuan Xinhua Commercial (Group) Co Ltd:Ningxia-based industry group filed lawsuit against the company with Yinchuan City Intermediate Peoples Court, regarding dispute of contract.The plaintiff claimed that the company continue to perform the renting commercial property contract.The plaintiff is requesting the company to pay economic loss of 40 mln yuan and to bear the litigation cost.  Full Article

Yinchuan Xinhua Commercial (Group) announces change of CFO
Friday, 23 Jan 2015 07:00pm EST 

Yinchuan Xinhua Commercial (Group) Co Ltd:Appoints Wang Baolu as new CFO of the company, replacing Wang Jinlu.  Full Article

Yinchuan Xinhua Commercial (Group) Co Ltd announces change of accounting policy
Wednesday, 24 Dec 2014 07:00pm EST 

Yinchuan Xinhua Commercial (Group) Co Ltd:Changed the accounting policy according to new standards released by Ministry of Finance on Jan. 1, 2015.  Full Article

Yinchuan Xinhua Commercial (Group) Co Ltd completes establishment of new wholly owned subsidiary
Wednesday, 3 Dec 2014 07:00pm EST 

Yinchuan Xinhua Commercial (Group) Co Ltd:Completed establishment of a wholly owned subsidiary in Xi'an, with a registered capital of 30 million yuan.New subsidiary to be mainly engaged in sale of general merchandise and venue leasing.  Full Article

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