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Xiamen XGMA Machinery Co Ltd (600815.SS)

600815.SS on Shanghai Stock Exchange

7.61CNY
23 Mar 2017
Change (% chg)

¥0.14 (+1.87%)
Prev Close
¥7.47
Open
¥7.40
Day's High
¥7.75
Day's Low
¥7.31
Volume
36,783,664
Avg. Vol
14,833,108
52-wk High
¥8.32
52-wk Low
¥5.85

Latest Key Developments (Source: Significant Developments)

Xiamen XGMA Machinery to sell bridge box unit valued at 227.15 mln yuan
Tuesday, 7 Mar 2017 06:19am EST 

Xiamen XGMA Machinery Co Ltd <600815.SS> :Says it plans to sell bridge box unit valued at 227.15 million yuan ($32.93 million).  Full Article

Xiamen XGMA Machinery signs debt restructuring agreements, to incur losses
Tuesday, 28 Feb 2017 06:58am EST 

Xiamen XGMA Machinery Co Ltd <600815.SS> : Says it signs debt restructuring agreements with 15 dealers involving 558.3 million yuan ($81.31 million) .Says it expects to incur loss of 316.2 million yuan for debt restructuring agreements.  Full Article

Xiamen XGMA Machinery reaches settlement in contract dispute
Tuesday, 28 Feb 2017 03:00am EST 

Xiamen XGMA Machinery Company Limited <600815.SS>: Says the co reached settlement with the defendants in the lawsuit, which was disclosed on Sep. 27, 2016, regarding business contract dispute .Says the co will get the 119.03 million yuan worth arrears.  Full Article

Xiamen XGMA Machinery faces delisting risks warning due to expected 2nd straight year of losses
Wednesday, 25 Jan 2017 06:19am EST 

Xiamen XGMA Machinery Co Ltd <600815.SS> : Says it expects net loss to widen to 2.4-2.7 billion yuan ($348.84-392.44 million) in 2016 from 999.8 million yuan year ago .Says it faces risks of implementing delisting risk warning as it expects to record net losses for second straight year in 2016.  Full Article

Xiamen XGMA Machinery appoints Xu Zhenming as chairman
Friday, 1 Jul 2016 02:00am EDT 

Xiamen XGMA Machinery <600815.SS> Co Ltd:Says it appoints Xu Zhenming as chairman of the board.  Full Article

Xiamen Xgma Machinery announces no dividend payment for 2015
Tuesday, 26 Apr 2016 08:00pm EDT 

Xiamen Xgma Machinery Co Ltd:To pay no dividend to shareholders for 2015.  Full Article

Xiamen Xgma Machinery revises 2015 net loss outlook
Sunday, 17 Apr 2016 08:00pm EDT 

Xiamen Xgma Machinery Co Ltd:Says 2015 net loss outlook revised to 1 billion yuan.In the previous outlook, the company expected the net loss for 2015 to be 870-970 million yuan.Says increased expected depreciation expense is the main reason for the forecast.  Full Article

Xiamen Xgma Machinery subsidiary to set up JV
Friday, 26 Feb 2016 07:00pm EST 

Xiamen Xgma Machinery Co Ltd:Says its Xiamen-based subsidiary to set up JV in Xiamen, with China Railway Tunnel Stock Co., Ltd. and Xiamen Municipal Engineering Design Institute Co., Ltd.Says the JV will be engaged in municipal road engineering construction business, with a registration capital of 100 million yuan.Says the subsidiary will hold a 82 pct stake in the JV.  Full Article

Xiamen Xgma Machinery gives 2015 net profit outlook
Friday, 29 Jan 2016 07:00pm EST 

Xiamen Xgma Machinery Co Ltd:Sees net profit for 2015 to be -870 mln yuan to -970 mln yuan.The net profit of 2014 was 10,301,800 yuan.Comments that decreased income from main business as the main reason for the forecast.  Full Article

Xiamen Xgma Machinery to apply for entrusted loan
Sunday, 29 Nov 2015 07:00pm EST 

Xiamen Xgma Machinery Co Ltd:To apply for an entrusted loan of 160 mln yuan, from a fund through CHINA DEVELOPMENT BANK.The loan is with a term of 10 years and an annual interest rate of 1.2 pct.  Full Article

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