Key Developments: Power Construction Corp of China Ltd (601669.SS)

601669.SS on Shanghai Stock Exchange

7.82CNY
26 Dec 2014
Price Change (% chg)

¥0.00 (+0.00%)
Prev Close
¥7.82
Open
¥8.00
Day's High
¥8.38
Day's Low
¥7.53
Volume
685,577,943
Avg. Vol
314,335,628
52-wk High
¥8.38
52-wk Low
¥2.59

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Latest Key Developments (Source: Significant Developments)

Power Construction Corporation of China Ltd announces change of chairman and general manager
Friday, 19 Dec 2014 07:00pm EST 

Power Construction Corporation of China Ltd:Appoints Yan Zhiyong as chairman to replace Fan Jixiang.Appoints Sun Hongshui as general manager to succeed Ma Zonglin.  Full Article

Power Construction Corporation of China announces resignation of general manager
Friday, 19 Dec 2014 07:00pm EST 

Power Construction Corporation of China Ltd:Ma Zonglin has resigned from the position of general manager of the company.  Full Article

Power Construction Corporation of China Ltd signs business contracts
Thursday, 18 Dec 2014 07:00pm EST 

Power Construction Corporation of China Ltd:Signed a business contracts including mining engineering in Tibet and power generating project in Sinkiang from Jan. 2014 to Nov. 2014.Bid price is 194690 million yuan in total.  Full Article

Power Construction Corporation of China Ltd announces hydropower station accident
Monday, 15 Dec 2014 07:00pm EST 

Power Construction Corporation of China Ltd:An accident caused 13 death and 12 injured in a hydropower station in Ecuador, which is constructed by a subsidiary SINOH YDRO Corporation Limited and a wholly owned subsidiary SINOHYDRO BUREAU 14 CO.LTD.  Full Article

Power Construction Corporation of China Ltd and subsidiary to set up joint venture
Friday, 28 Nov 2014 07:00pm EST 

Power Construction Corporation of China Ltd:The company and its subsidiary, Sinhydro Bureau 16 Company Limited, to set up a joint venture with subsidiary of Power Construction Corporation of China.JV to be engaged in airport construction business.The company to hold 30 pct stake and Sinhydro Bureau 16 to hold 50 pct stake in the JV.  Full Article

Power Construction Corporation of China Ltd updates business contracts
Sunday, 23 Nov 2014 07:00pm EST 

Power Construction Corporation of China Ltd:The company has signed business contracts worth 174.57 billion yuan in total during the period from January to October.The total amount includes domestic business contracts worth approximately 112.04 billion yuan and overseas business contracts worth approximately 62.53 billion yuan.  Full Article

RusHydro to cooperate with PowerChina in development of pumped storage capacity in Russia
Monday, 10 Nov 2014 02:00am EST 

Federal Hydro-Generating Company RusHydro OAO:JSC RusHydro announces signing of the agreement with Power Construction Corporation of China, Ltd on cooperation in development of Leningradskaya pumped storage plant (PSP) in Russia and potentially other PSP capacity.Says RusHydro and PowerChina have agreed to establish a joint venture (JV) with RusHydro's ownership at 51 pct and the remaining 49 pct held by PowerChina.Says the partners have also agreed that PowerChina can partner with other Chinese companies to create a consortium.  Full Article

Power Construction Corporation of China Ltd wins bid
Thursday, 6 Nov 2014 07:00pm EST 

Power Construction Corporation of China Ltd:Won bid to undertake a river channel improvement project in Bangladesh padma.Bid price is $1,113 million (6,850 million yuan) and construction period for four years.  Full Article

Power Construction Corporation of China announces change of accounting policy and accounting estimate
Thursday, 30 Oct 2014 08:00pm EDT 

Power Construction Corporation of China Ltd:Changed accounting policy according to new accounting standards released by Ministry of Finance, effective July 1.To change accounting estimate for classification standard, depreciation period and residual rate, effective Jan. 1, 2015.  Full Article

Power Construction Corporation of China subsidiaries to set up project company
Thursday, 30 Oct 2014 08:00pm EDT 

Power Construction Corporation of China Ltd:Says two subsidiaries Powerchina Road Bridge Group Co., Ltd. and Sinohydro Bureau 5 Co., Ltd. to set up project company with Sichuan Electric Power Design & Consulting Co., Ltd. and Sichuan No.3 Electric Power Construction Company.Project company to be engaged in investment and construction of infrastructure build-transfer (BT) project in Qingbaijiang District, Chengdu, with registered capital of 655 mln yuan.Two subsidiaries to hold 30 pct stake in the project company respectively, Sichuan Electric Power Design & Consulting to hold 30 pct and Sichuan No.3 Electric Power to hold 10 pct stake.  Full Article

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