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Sinovel Wind Group Co Ltd (601558.SS)

601558.SS on Shanghai Stock Exchange

1.47CNY
24 May 2017
Change (% chg)

¥0.04 (+2.80%)
Prev Close
¥1.43
Open
¥1.42
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¥1.47
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¥1.41
Volume
58,680,303
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115,668,357
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¥2.91
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¥1.39

Latest Key Developments (Source: Significant Developments)

Sinovel Wind Group says involvement in lawsuit on contract dispute
Tuesday, 9 May 2017 05:13am EDT 

May 9 (Reuters) - Sinovel Wind Group Co Ltd <601558.SS> ::* Says Jiangsu-based wind tech firm Sinojit filed lawsuit against the company with Beijing Haidian District People's Court, claiming a merchandise payment of 93.3 million yuan and annual interest from July 1, 2016 to judgment effective date .* Says the plaintiff also require the company to pay lawsuit fee .  Full Article

Sinovel Wind Group says no dividend payment for FY 2016
Tuesday, 25 Apr 2017 04:38am EDT 

April 25(Reuters) - Sinovel Wind Group Co Ltd <601558.SS> ::* Says no dividend payment for FY 2016.  Full Article

Sinovel Wind Group to implement delisting risk warning after 2016 net loss narrows
Monday, 24 Apr 2017 08:34am EDT 

April 24 (Reuters) - Sinovel Wind Group Co Ltd <601558.SS>:Says 2016 net loss narrows to 3.1 billion yuan ($450.29 million) from 4.5 billion yuan year ago.Says it will implement delisting risk warning from April 26 after it recorded net losses for two years in a row.  Full Article

Sinovel Wind changes CFO to Xu Changmao from Zhou Xuefeng
Tuesday, 4 Apr 2017 10:30pm EDT 

Sinovel Wind Group Co Ltd <601558.SS> :Says it appointed Xu Changmao as CFO of the company, to replace Zhou Xuefeng, due to Zhou Xuefeng's resignation.  Full Article

BRIEF-Sinovel Wind's board elects new chairman
Thursday, 16 Mar 2017 07:29am EDT 

Sinovel Wind Group Co Ltd <601558.SS> :Says board Ma Zhong as chairman, replacing Xiao Chun who resigns due to change in job role.  Full Article

Sinovel Wind Group to receive payment for goods of 119.1 mln yuan as result of arbitration
Friday, 17 Feb 2017 03:05am EST 

Sinovel Wind Group Co Ltd <601558.SS>: Says it filed a requirement for repayment of goods to Shanghai International Economy and Trade Arbitration Commission .Says the commission orders the debtor, a Jiuquan-based wind power generation company, to repay 119.1 million yuan to the company.  Full Article

Sinovel Wind Group says investment limited partnership sells 5 pct stake in the co
Thursday, 12 Jan 2017 12:43am EST 

Sinovel Wind Group Co Ltd <601558.SS>:Says a Pingxiang-based investment limited partnership sold 5 percent stake in the co from Jan. 10 to Jan. 11.  Full Article

Sinovel Wind's H1 net loss narrows to 488.7 mln yuan
Tuesday, 30 Aug 2016 04:34am EDT 

Sinovel Wind Group Co Ltd <601558.SS> :Says H1 net loss narrows to 488.7 million yuan ($73.18 million) from 864.6 million yuan year ago.  Full Article

Sinovel Wind (Group) announces no dividend payment for 2015
Sunday, 17 Apr 2016 08:00pm EDT 

Sinovel Wind (Group) Co Ltd:Says no dividend payment for 2015.  Full Article

Sinovel Wind revises 2016 Q1 net loss outlook
Friday, 15 Apr 2016 08:00pm EDT 

Sinovel Wind (Group) Co Ltd:Sees net loss for 2016 Q1 to be 4,452,269,800 yuan.Says in the previous outlook, the company expected the net loss for 2016 Q1 to be 4,537,109,800 yuan.Says the net profit of 2015 Q1 was 80,732,800 yuan.Comments that changes in impairment provision of the inventory decline is the main reason for the forecast.  Full Article

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