Key Developments: China Jialing Industrial Co Ltd Group (600877.SS)

600877.SS on Shanghai Stock Exchange

5.94CNY
11 Jul 2014
Price Change (% chg)

¥0.20 (+3.48%)
Prev Close
¥5.74
Open
¥5.70
Day's High
¥6.06
Day's Low
¥5.60
Volume
43,268,942
Avg. Vol
39,667,325
52-wk High
¥6.26
52-wk Low
¥2.90

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Latest Key Developments (Source: Significant Developments)

China Jialing Industrial Group Co Ltd to pay no dividend payment for 2013
Monday, 28 Apr 2014 08:00pm EDT 

China Jialing Industrial Group Co Ltd:Says the company will pay no dividend to shareholders for 2013.  Full Article

China Jialing Industrial Group to sell stake in China South Industries Group Finance
Tuesday, 11 Mar 2014 08:00pm EDT 

China Jialing Industrial Group Co Ltd:To sell entire 2.4 pct stake in China South Industries Group Finance Co., Ltd. to South Industry Assets Management Co., Ltd. for 64,414,600 yuan.  Full Article

China Jialing Industrial Group Co Ltd gives FY 2013 net profit outlook
Tuesday, 28 Jan 2014 07:00pm EST 

China Jialing Industrial Group Co Ltd:Sees net profit for the fiscal year (FY) 2013 to be -240 million yuan to -247 million yuan.Says the net profit of the same period in FY 2012 was 14,746,211.49 yuan.Comments that low sales of motorcycle industry and loss in fluctuation of exchange rate as the main reasons for the forecast.  Full Article

China Jialing Industrial Group Co Ltd to Sell Stake in Financial Company
Tuesday, 19 Nov 2013 07:00pm EST 

China Jialing Industrial Group Co Ltd announced that it will sell its holding 2.4% stake in a Beijing-based financial company, which engages in the financial and financing consulting service, credit verification and related consulting and other financial service, through public listing. The 2.4% stake in the Beijing-based financial company was estimated at RMB 64.4146 million.  Full Article

China Jialing Industrial Group Co Ltd Announces No Dividend Payment for FY 2012
Friday, 26 Apr 2013 08:00pm EDT 

China Jialing Industrial Group Co Ltd announced that it will pay no dividend to shareholders for fiscal year 2012.  Full Article

China Jialing Industrial Group Co Ltd to Guarantee Bank Loans for Subsidiaries
Friday, 26 Apr 2013 08:00pm EDT 

China Jialing Industrial Group Co Ltd announced that it will guarantee a loan of RMB 50 million for its Jialing-based subsidiary, a foreign trade development, with a term of one year, and will guarantee a loan of RMB 75 million for its Chongqing-based subsidiary, a company engaged in the sale of motorcycles and accessories, all kinds of bicycles and accessories, mechanical and electrical products, metal products, chemical products (excluding dangerous chemicals), general merchandise and hardwares, with a term of one year.  Full Article

China Jialing Industrial Group Co Ltd Announces FY 2012 Net Profit Outlook
Wednesday, 30 Jan 2013 07:00pm EST 

China Jialing Industrial Group Co Ltd announced that it expects its net profit for fiscal year (FY) 2012 to be RMB 10 million, compared to the net profit of FY 2011 (RMB -252,870,486.38). The Company cited the inventories disposal and the increased investment profit as the main reason for the forecast.  Full Article

China Jialing Industrial Group Co Ltd Divests Properties
Tuesday, 4 Dec 2012 07:00pm EST 

China Jialing Industrial Group Co Ltd announced that it will transfer the land and buildings on Building 2, No. 25, Xiqing Avenue, Foshan City to an engineering headquarter of an economic development zone transformation project, for RMB 205,031,495.  Full Article

China Jialing Industrial Group Co Ltd Announces Change of Chairman
Monday, 3 Dec 2012 07:00pm EST 

China Jialing Industrial Group Co Ltd announced the change of Chairman of the Board from Mr. Liu Bo to Mr. Hong Geng, effective December 3, 2012.  Full Article

China Jialing Industrial Group Co Ltd to Divest Holdings
Thursday, 15 Nov 2012 07:00pm EST 

China Jialing Industrial Group Co Ltd announced that it will divest all its 31.95% stake in a Chongqing-based transportation company.  Full Article

BRIEF-China Jialing Industrial's controlling shareholder cuts stake

* Says controlling shareholder has unloaded 2.91 percent of issued shares on May 30, holdings reduced to 22.34 percent after transaction

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