China Vanguard Group Ltd (8156.HK) Key Developments | Reuters.com
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China Vanguard Group Ltd (8156.HK)

8156.HK on Hong Kong Stock

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29 Jun 2016
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Latest Key Developments (Source: Significant Developments)

China Vanguard expects decline in revenue of over 50% for nine months ended 31 march<8156.HK>
Tuesday, 10 May 2016 09:47am EDT 

China Vanguard Group Ltd <8156.HK>: Expected to report a decline in revenue of over 50% for the nine months ended 31 March 2016 . The group is expected to report a net loss for the nine months ended 31 March 2016 . Expected results mainly attributable to significant decline in revenue contributions from group's self-service lottery business .  Full Article

China Vanguard Group Ltd says entered into a framework agreement
Tuesday, 15 Sep 2015 06:53am EDT 

China Vanguard Group Ltd:Says on 8 September 2015, the Company, through a wholly owned subsidiary, has entered into a framework agreement for strategic cooperation (the “Agreement”) with Tianjin Ihome Technology Co., Ltd for the development of a new lottery business sales channel.  Full Article

China Vanguard Group Ltd says unit entered into a strategic cooperation agreement
Wednesday, 12 Aug 2015 07:00am EDT 

China Vanguard Group Ltd:Says unit entered into a strategic cooperation agreement with All In Pay Network Services Co., Ltd.  Full Article

China Vanguard Group Ltd's Guangzhou YBDS and Yunbo Digital Synergy Group Ltd's CVCM enter into strategic cooperative agreement
Sunday, 31 Aug 2014 06:16am EDT 

China Vanguard Group Ltd and Yunbo Digital Synergy Group Ltd:Say that Guangzhou YBDS and China Vanguard Corporate Management Ltd (CVCM) have entered into strategic cooperative agreement.Pursuant to strategic cooperative agreement, Guangzhou YBDS and CVCM will make use of their capability in software and hardware development to connect.And integrate POS terminals so that all CVG's lottery distribution points will be equipped with YBDS' non-cash online and offline payment system, including those on China Telecom's Bestpay platform.Which can be used by mobile payment, contactless payment, payment by cards issued by China Unionpay and other financial institution.  Full Article

China Vanguard Group Ltd announces signing of cooperative agreement with Chongqing Welfare Lottery Administration Centre
Thursday, 14 Aug 2014 09:53am EDT 

China Vanguard Group Ltd:Says that a direct wholly owned subsidiary of the company entered into agreement with Chongqing Welfare Lottery Administration Centre and Chongqing Public E-Card.Pursuant to agreement, the group will be responsible for, among others, (i) the establishment and maintenance of lottery sales platform being authorized by Chongqing Welfare Lottery Administration Centre.(ii) the sale of various computer-generated ticket games through lottery sales platform; (iii) assisting Chongqing Welfare Lottery Administration Centre in marketing and promotion of lottery sale.Chongqing Welfare Lottery Administration Centre will pay the group certain percentage of total sales generated.  Full Article

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