Key Developments: Guangdong Yihua Timber Industry Co Ltd (600978.SS)

600978.SS on Shanghai Stock Exchange

5.13CNY
4 Jul 2014
Price Change (% chg)

¥0.12 (+2.40%)
Prev Close
¥5.01
Open
¥5.02
Day's High
¥5.18
Day's Low
¥5.01
Volume
30,639,690
Avg. Vol
13,894,875
52-wk High
¥6.39
52-wk Low
¥3.78

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Latest Key Developments (Source: Significant Developments)

Guangdong Yihua Timber Industry Co Ltd announces 2013 dividend payment date
Sunday, 15 Jun 2014 08:00pm EDT 

Guangdong Yihua Timber Industry Co Ltd:Says it will pay cash dividend of 0.85 yuan per 10 shares (before tax) to shareholders of record on June 19 for 2013.The company's shares will be traded ex-dividend on June 20 and the dividend will be paid on June 20.  Full Article

Guangdong Yihua Timber Industry to invest in Shanghai-based company
Monday, 21 Apr 2014 08:00pm EDT 

Guangdong Yihua Timber Industry Co Ltd:To invest 35 mln yuan into a Shanghai-based home design consulting company, to hold 25 pct stake in the target company.The target company is currently a wholly owned subsidiary of Bloom Trade Limited.  Full Article

Guangdong Yihua Timber Industry issues FY 2014 Q1 net profit outlook
Thursday, 3 Apr 2014 08:00pm EDT 

Guangdong Yihua Timber Industry Co Ltd:Sees net profit for the first quarter of fiscal year (FY) 2014 to increase by above 30 pct.Says the net profit of the same period in FY 2013 was 94,796,800 yuan.Comments that increased orders, decreased raw material cost and increased gross profit rate as the main reasons for the forecast.  Full Article

Guangdong Yihua Timber Industry to issue mid-term bills
Thursday, 3 Apr 2014 08:00pm EDT 

Guangdong Yihua Timber Industry Co Ltd:To issue mid-term bills worth up to 800 mln yuan, with a term of no more than five years.Coupon rate to be determined according to market condition and Ping An Bank will serve as main underwriter.Proceeds to be used for working capital supplement, business operation and project investment.  Full Article

Guangdong Yihua Timber Industry Co Ltd announces FY 2013 dividend payment
Thursday, 3 Apr 2014 08:00pm EDT 

Guangdong Yihua Timber Industry Co Ltd:To pay cash dividend of 0.85 yuan per 10 shares (before tax) to shareholders for the fiscal year 2013.  Full Article

Guangdong Yihua Timber Industry signs strategic cooperation agreement with Meilele Inc
Thursday, 27 Mar 2014 08:00pm EDT 

Guangdong Yihua Timber Industry Co Ltd:Signed a strategic cooperation agreement with Meilele Inc.Two companies to share resources and to build an online sales platform.  Full Article

Guangdong Yihua Timber Industry signs strategic cooperation agreement
Wednesday, 19 Mar 2014 08:00pm EDT 

Guangdong Yihua Timber Industry Co Ltd:Signed strategic cooperation agreement with a Shenzhen-based securities information company on March 19.To work together in development of industry index, promotion of cooperation with television (TV) station and magazine, as well as provision of data analysis service.  Full Article

Guangdong Yihua Timber Industry Co Ltd completes rights issue
Friday, 28 Feb 2014 07:00pm EST 

Guangdong Yihua Timber Industry Co Ltd:Completed the issue of 330,207,286 shares at 4.03 yuan per share to its existing shareholders, and raised 1,330,735,362.58 yuan in total.  Full Article

Guangdong Yihua Timber Industry Co Ltd updates on details for right issue
Wednesday, 12 Feb 2014 07:00pm EST 

Guangdong Yihua Timber Industry Co Ltd:Says to issue 345,798,815 shares of common stock at 4.03 yuan per share to its existing shareholders, who are eligible to purchase three new shares for every 10 shares they hold.Says to raise up to 1,400 million yuan through the rights issue.Says GF Securities Co., Ltd. and Guangzhou Securities Co., Ltd. will be the co-underwriters.Says payment period is from Feb. 18 to Feb. 24.Says proceeds to be used for loan repayment and business operation.  Full Article

Guangdong Yihua Timber Industry Co Ltd signs strategic cooperative framework agreement with Xilinmen Furniture Co Ltd and Langfang Huari Furniture Share CO LTD
Tuesday, 24 Dec 2013 07:00pm EST 

Guangdong Yihua Timber Industry Co Ltd:Says it has signed a strategic cooperative framework agreement with Xilinmen Furniture Co Ltd and Langfang Huari Furniture Share CO LTD on Dec. 24.Says the three companies will produce and name each others products in order to share resources and to improve business performance.  Full Article

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