Key Developments: Whirlpool China Co Ltd (600983.SS)

600983.SS on Shanghai Stock Exchange

12.70CNY
25 Dec 2014
Price Change (% chg)

¥-0.04 (-0.31%)
Prev Close
¥12.74
Open
¥12.72
Day's High
¥12.80
Day's Low
¥12.60
Volume
2,972,652
Avg. Vol
3,837,841
52-wk High
¥15.80
52-wk Low
¥11.88

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Latest Key Developments (Source: Significant Developments)

Hefei Rongshida Sanyo Electric changes company name
Wednesday, 5 Nov 2014 07:00pm EST 

Hefei Rongshida Sanyo Electric Co Ltd:Company name changed to Whirlpool (China) Co., Ltd. from Hefei Rongshida Sanyo Electric Co Ltd.  Full Article

Hefei Rongshida Sanyo Electric Co Ltd completes private placement
Friday, 24 Oct 2014 08:00pm EDT 

Hefei Rongshida Sanyo Electric Co Ltd:Completed the issuance of 233,639,000 shares at 8.42 yuan per share, through private placement.Raised 1,967,240,380 yuan in total through the private placement.  Full Article

Hefei Rongshida Sanyo Electric Co Ltd announces shareholding changes
Friday, 24 Oct 2014 08:00pm EDT 

Hefei Rongshida Sanyo Electric Co Ltd:Says WHIRLPOOL (CHINA) INVESTMENT CO., LTD.'s holding stake in the company increased to 51 pct (390,884,200 shares) from 29.51 pct (157,245,200 shares).Says Hefei state-owned asset holding Co Ltd's holding stake in the company decreased to 23.34 pct (178,854,400 shares) from 33.57 pct (178,854,400 shares).Due to private placement of the company.  Full Article

Hefei Rongshida Sanyo Electric Co Ltd announces change
Tuesday, 21 Oct 2014 08:00pm EDT 

Hefei Rongshida Sanyo Electric Co Ltd:Sanyo Electric Co Ltd decreased stake in the company to 0 pct from 20.31 pct (108,188,400 shares).Sanyo Electric Co. (China) Ltd. decreased stake in the company to 0 pct from 9.21 pct (49,056,800 shares).A China-based subsidiary of Whirlpool Corp increased stake in the company to 29.51 pct (157,245,200 shares) from 0 pct.  Full Article

Whirlpool Corp receives final CSRC approval for acquisition of majority stake in Hefei Rongshida Sanyo Electric Co Ltd
Monday, 15 Sep 2014 06:30am EDT 

Whirlpool Corp:Says it received written approval from the China Securities Regulatory Commission (CSRC) to acquire a 51 pct stake in Hefei Rongshida Sanyo Electric Co., Ltd.The transaction is now expected to close at the end of the Q3 or early in the Q4 2014, pending final administrative processes and approvals.  Full Article

Hefei Rongshida Sanyo Electric adjusts private placement plan
Wednesday, 25 Jun 2014 08:00pm EDT 

Hefei Rongshida Sanyo Electric Co Ltd:Amended its private placement plan of issuing up to 233,639,000 shares at 8.5 yuan per share in private placement.Says new plan is to issue up to 233,639,000 new shares at 8.42 yuan per share in private placement.  Full Article

Hefei Rongshida Sanyo Electric Co Ltd announces 2013 dividend payment date
Wednesday, 11 Jun 2014 08:00pm EDT 

Hefei Rongshida Sanyo Electric Co Ltd:Says it will pay cash dividend of 0.8 yuan per 10 shares (before tax) to shareholders of record on June 18 for 2013.The company's shares will be traded ex-dividend on June 19 and the dividend will be paid on June 19.  Full Article

Hefei Rongshida Sanyo Electric Co Ltd announces 2013 dividend payment
Tuesday, 25 Mar 2014 08:00pm EDT 

Hefei Rongshida Sanyo Electric Co Ltd:To use undistributed profits to pay cash dividend of 0.8 yuan per 10 shares (before tax) to the company's shareholders for 2013.  Full Article

Hefei Rongshida Sanyo Electric Co Ltd to Issue Shares through Private Placement
Tuesday, 13 Aug 2013 08:00pm EDT 

Hefei Rongshida Sanyo Electric Co Ltd announced that it will issue 233,639,000 A shares with par value RMB 1 at RMB 8.50 per share to a China-based subsidiary of Whirlpool Corporation, through private placement. The Company aims to raise RMB 1,985,931,500 in total for washing machine, transformer and refrigerator technology renovation projects, as well as marketing system construction and business operation. After the issuance, the China-based company will hold 390,884,200 shares (a 51% stake) in the Company and a Hefei-based holding company will decrease its stake from 33.57% (178,854,400 shares) to 23.34% (178,854,400 shares).  Full Article

Hefei Rongshida Sanyo Electric Co Ltd Signs License Contract with Whirlpool Corp's Subsidiary
Tuesday, 13 Aug 2013 08:00pm EDT 

Hefei Rongshida Sanyo Electric Co Ltd announced that it has signed a license contract with WHIRLPOOL PROPERTIES, INC., which is a wholly owned subsidiary of Whirlpool Corp., to use trademark Whirlpool for RMB 1 million every year, on August 12, 2013.  Full Article

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