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Shandong Binzhou Bohai Piston Co Ltd (600960.SS)

600960.SS on Shanghai Stock Exchange

7.14CNY
24 May 2017
Change (% chg)

¥-0.01 (-0.14%)
Prev Close
¥7.15
Open
¥7.12
Day's High
¥7.20
Day's Low
¥6.83
Volume
1,658,722
Avg. Vol
4,449,364
52-wk High
¥10.67
52-wk Low
¥6.83

Latest Key Developments (Source: Significant Developments)

Shandong Binzhou Bohai Piston sees FY 2016 net profit up 190 pct to 240 pct
Thursday, 26 Jan 2017 03:04am EST 

Shandong Binzhou Bohai Piston Co., Ltd.<600960.SS>: Sees net profit for FY 2016 to increase by 190 percent to 240 percent(after adjustment) . Says the net profit of FY 2015 was 22.3 million yuan .Comments that the major asset restructuring is the main reason for the forecast.  Full Article

Shandong Binzhou Bohai Piston completes private placement for 1.98 bln yuan and says Beijing Hainachuan Automotive Parts raises take in it to 28.8 pct
Wednesday, 21 Dec 2016 03:39am EST 

Shandong Binzhou Bohai Piston <600960.SS>: Says it completed private placement of 236.9 million new shares at 8.35 yuan per share . Says it raised 1.98 billion yuan in total .Says Beijing Hainachuan Automotive Parts Co., Ltd. raised stake in it to 28.8 percent and became its top shareholder due to the private placement of new shares.  Full Article

Shandong Binzhou Bohai Piston to pay 2015 dividend on July 6
Wednesday, 29 Jun 2016 03:11am EDT 

Shandong Binzhou Bohai Piston Co., Ltd. <600960.SS>: Says it will pay cash dividend of 0.01 yuan per share (before tax) for 2015 to shareholders of A shares of record on July 5 .Says the company's shares will be traded ex-right and ex-dividend on July 6 and the dividend will be paid on July 6.  Full Article

Shandong Binzhou Bohai Piston to set up JV with Johnson Controls
Monday, 6 Jun 2016 03:16am EDT 

Shandong Binzhou Bohai Piston Co., Ltd. <600960.SS> : Says it will invest $26.8 million to set up automobile battery JV with Johnson Controls, Inc., holding 51 percent stake .Says the JV and Johnson Controls will jointly set up another auto battery firm, with a registered capital of $63.8 million.  Full Article

Shandong Binzhou Bohai Piston signs MOU with Beijing Susquehanna Sichuan Auto Parts and Johnson Controls unit
Wednesday, 4 May 2016 08:00pm EDT 

Shandong Binzhou Bohai Piston Co Ltd:Says it signs MOU with Beijing Susquehanna Sichuan Auto Parts Co., Ltd and Johnson Controls, Inc's unit.Says the two counter parties are inviting company to become the shareholder of a JV which will be set up in Shandong, engaged in production and sales of vehicle battery.  Full Article

Shandong Binzhou Bohai Piston appoints Ji Jun as general manager
Wednesday, 20 Apr 2016 08:00pm EDT 

Shandong Binzhou Bohai Piston Co Ltd:Says it appoints Ji Jun as general manager, Wang Yungang as CFO of the company.  Full Article

Shandong Binzhou Bohai Piston says 2015 dividend payment as 0.01 yuan per share
Wednesday, 20 Apr 2016 08:00pm EDT 

Shandong Binzhou Bohai Piston Co Ltd:To pay cash dividend of 0.1 yuan per 10 shares (before tax) to the company's shareholders for 2015.  Full Article

Shandong Binzhou Bohai Piston to acquire 6.5 pct stake in BAIC BJEV
Monday, 7 Mar 2016 07:00pm EST 

Shandong Binzhou Bohai Piston Co Ltd:Says to invest 532.5 million yuan in BAIC BJEV, which is a new energy vehicle company, to acquire 6.5 percent stake in target company.  Full Article

Shandong Binzhou Bohai Piston to issue new shares for stake acquisition
Thursday, 4 Feb 2016 07:00pm EST 

Shandong Binzhou Bohai Piston Co Ltd:Says to issue 204.1 million A shares for proceeds of 1.84 billion yuan and pay cash of 324.2 million yuan, to acquire 100 percent stake in an engine producing firm, from a Beijing auto parts company.Says to issue 15.1 million A shares for proceeds of 136.1 million yuan and pay cash of 24 million yuan, to acquire 49 percent stake in a wheel producing firm, from Nord Tech.Says to hold 100 percent stake in two target companies after the transaction.Says to raise up to 1.87 billion yuan via private placement to up to 10 parties.Says the funds raised to be used for transaction price payment and R&D expenses.Says the Beijing-based auto parts company's stake will rise to 21.5 percent from 0 percent.  Full Article

Shandong Binzhou Bohai Piston expects 2015 net profit to fall
Sunday, 31 Jan 2016 07:00pm EST 

Shandong Binzhou Bohai Piston Co Ltd:Says 2015 net profit outlook to decrease by 70-80 percent compared with 2014.Says 2014 net income was 97.5 million yuan.Comments that decreased sales revenue is the main reason.  Full Article

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