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Sailun Jinyu Group Co Ltd (601058.SS)

601058.SS on Shanghai Stock Exchange

4.04CNY
23 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Sailun Jinyu Group expects 2016 H1 net profit to rise by 90 pct to 110 pct
Thursday, 4 Aug 2016 10:31pm EDT 

Sailun Jinyu Group Co., Ltd. <601058.SS>: : Says it expects 2016 H1 net profit of 199.4 million yuan to 220.4 million yuan, to increase by 90-110 percent compared with 2015 H1 . Says 2015 H1 net income was 104.9 million yuan .Comments that oversea market expansion is the main reason for the forecast.  Full Article

SAILUN JINYU GROUP adjusts private placement plan
Sunday, 8 May 2016 11:31pm EDT 

SAILUN JINYU GROUP <601058.SS> CO.,LTD.: Says the co adjusts private placement plan, due to the company's dividend payment for 2015 . Says new plan is to issue up to 461.5 million new shares instead of 206.9 million shares .Says issue price was amended to 3.25 yuan per share from 7.25 yuan per share.  Full Article

SAILUN JINYU GROUP says 2015 dividend payment date
Thursday, 28 Apr 2016 08:00pm EDT 

SAILUN JINYU GROUP CO.,LTD:To pay a cash dividend of 1 yuan (before tax) per 10 shares and use additional paid-in capital to distribute 12 new shares for every 10 shares for 2015, to shareholders of record on May 5.Says the company's shares will be traded ex-right and ex-dividend on May 6 and the dividend will be paid on May 6.  Full Article

SAILUN JINYU GROUP issues 2016 Q1 net profit outlook
Monday, 11 Apr 2016 08:00pm EDT 

SAILUN JINYU GROUP CO.,LTD:Sees net profit for 2016 Q1 to increase by 160 percent to 200 percent, or to be 83,000,000 yuan to 96,000,000 yuan.Says the net profit of 2015 Q1 was 31,950,000 yuan.Comments that market development, orders increase and cost control are the main reasons for the forecast.  Full Article

SAILUN JINYU GROUP announces 2015 dividend payment
Friday, 18 Mar 2016 08:00pm EDT 

SAILUN JINYU GROUP CO.,LTD:To pay a cash dividend of 1.00 yuan for every 10 shares (pre-tax), and using additional paid-in capital to distribute 12 new shares for every 10 shares, as the dividend payment plan for 2015.  Full Article

SAILUN JINYU GROUP proposes 2015 dividend payment
Thursday, 17 Mar 2016 08:00pm EDT 

SAILUN JINYU GROUP CO.,LTD:Actual controller proposes to pay a cash dividend of 1.00 yuan for every 10 shares (pre-tax), and using additional paid-in capital to distribute 12 new shares for every 10 shares, as the dividend payment plan for 2015.  Full Article

SAILUN JINYU GROUP appoints finance director
Tuesday, 8 Dec 2015 07:00pm EST 

SAILUN JINYU GROUP CO.,LTD:Appoints Liu Yanhua as finance director on Dec. 8.  Full Article

SAILUN JINYU GROUP subsidiary to invest in Dongying-based company
Tuesday, 8 Dec 2015 07:00pm EST 

SAILUN JINYU GROUP CO.,LTD:A Dongying-based wholly owned subsidiary to invest 30 million yuan in a Dongying-based company, which is engaged in production and sale of black charcoal and rubber raw materials and chemical machinery.The subsidiary to hold 17.05 pct stake in the target company after investment.  Full Article

SAILUN JINYU GROUP announces resignation of finance director
Friday, 4 Dec 2015 07:00pm EST 

SAILUN JINYU GROUP CO.,LTD:Says Ren Jiatao resigned from finance director on Dec. 4.  Full Article

SAILUN JINYU GROUP to set up joint venture
Monday, 9 Nov 2015 07:00pm EST 

SAILUN JINYU GROUP CO.,LTD:To set up joint venture in Qingdao, with an individual.JV engaged in sale of rubber, rubber and plastic products and car rental.To hold 15 pct stake in the JV.  Full Article

BRIEF-Sailun Jinyu Group establishes unit SAILUN JINYU INTERNATIONAL HOLDING (HONG KONG)

* Says it established a wholly owned subsidiary named SAILUN JINYU INTERNATIONAL HOLDING (HONG KONG) CO., LIMITED