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Key Developments: Anhui Hengyuan Coal Industry and Electricity Power Co Ltd (600971.SS)

600971.SS on Shanghai Stock Exchange

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31 May 2016
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Latest Key Developments (Source: Significant Developments)

Anhui Hengyuan Coal Industry and Electricity Power to invest 10 mln yuan to set up unit
Thursday, 19 May 2016 10:52pm EDT 

Anhui Hengyuan Coal Industry and Electricity Power Co., Ltd. <600971.SS> : Says company will establish a unit based in Anhui with registered capital of 10 million yuan .Says the unit will be mainly engaged in electricity sales business.  Full Article

Anhui Hengyuan Coal Industry and Electricity Power to invest 10 mln yuan to set up JV
Thursday, 19 May 2016 10:50pm EDT 

Anhui Hengyuan Coal Industry and Electricity Power Co., Ltd. <600971.SS> : Says it will set up a new JV in Tianjin, with a Tianjin-based coal processing firm . Says the JV will be engaged in coal related business, and have a registered capital of 20 million yuan .Says company will hold 50 percent stake (10 million yuan) in the JV.  Full Article

Anhui Hengyuan Coal Industry and Electricity Power announces no dividend payment for 2015
Monday, 28 Mar 2016 08:00pm EDT 

Anhui Hengyuan Coal Industry and Electricity Power Co Ltd:To pay no dividend to shareholders for 2015.  Full Article

Anhui Hengyuan Coal Industry and Electricity Power issues 2015 net profit outlook below I/B/E/S estimates
Friday, 29 Jan 2016 07:00pm EST 

Anhui Hengyuan Coal Industry and Electricity Power Co Ltd:Sees net profit for 2015 to decrease by 8568.96 pct to 9211.11 pct, or to be a loss of 1,350 million yuan to a loss of 1,450 million yuan, compared to net profit of 2014 (15,572,800 yuan).Comments that decreased sales of coal business is the main reason for the forecast.2015 reported net income of a loss of 1,234.21 million yuan – Thomson Reuters I/B/E/S.  Full Article

Anhui Hengyuan Coal Industry and Electricity Power to issue corporate bonds
Monday, 5 Oct 2015 08:00pm EDT 

Anhui Hengyuan Coal Industry and Electricity Power Co Ltd:To issue corporate bonds worth up to 2 bln yuan, with term of no more than five years.  Full Article

Anhui Hengyuan Coal Industry and Electricity Power appoints chairman
Monday, 29 Jun 2015 08:00pm EDT 

Anhui Hengyuan Coal Industry and Electricity Power Co Ltd:Appoints Deng Xiqing as chairman.  Full Article

Anhui Hengyuan Coal Industry and Electricity Power appoints officers
Friday, 12 Jun 2015 08:00pm EDT 

Anhui Hengyuan Coal Industry and Electricity Power Co Ltd:Appoints Qian Xuesen as general manager.Appoints Sun Xiren as CFO.  Full Article

Anhui Hengyuan Coal Industry and Electricity Power announces shareholding change
Wednesday, 3 Jun 2015 08:00pm EDT 

Anhui Hengyuan Coal Industry and Electricity Power Co Ltd:Wanbei Coal-Electricity Group Co Ltd decreased stake in the company to 54.96 pct from 59.96 pct from May 26 to June 2.  Full Article

Anhui Hengyuan Coal Industry and Electricity Power announces no dividend payment for 2014
Tuesday, 14 Apr 2015 08:00pm EDT 

Anhui Hengyuan Coal Industry and Electricity Power Co Ltd:To pay no dividend to shareholders for 2014.  Full Article

Anhui Hengyuan Coal Industry and Electricity Power gives 2014 net profit outlook below I/B/E/S estimates
Wednesday, 28 Jan 2015 07:00pm EST 

Anhui Hengyuan Coal Industry and Electricity Power Co Ltd:Sees net profit for 2014 to decrease 90.30 pct to 96.77 pct, or to be 10 million yuan to 30 million yuan.The net profit of 2013 was 309,306,900 yuan.2014 reported net profit of 55.65 million yuan – Thomson Reuters I/B/E/S.Comments that decreased price of coal product as the main reason for the forecast.  Full Article