Dazhong Transportation Group Co Ltd (900903.SS) Key Developments | Reuters.com
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Dazhong Transportation Group Co Ltd (900903.SS)

900903.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Dazhong Transportation has unloaded shares in three firms for 92.4 mln yuan
Tuesday, 21 Jun 2016 04:17am EDT 

Dazhong Transportation <600611.SS> :Says it has unloaded shares of Everbright Securities Co Ltd <601788.SS>, Shanghai Zhongyida Co Ltd <600610.SS> and Juneyao Airlines Co Ltd <603885.SS> between January 1 and June 20, 2016 for a combined 92.4 million yuan ($14.05 million).  Full Article

Dazhong Transportation Group says 2015 dividend payment date
Monday, 6 Jun 2016 08:05am EDT 

Dazhong Transportation Group Co., Ltd. <600611.SS> : Says it will pay a cash dividend of 0.1 yuan (before tax) per A share and $0.015409 per B share to holders recorded on June 8 and June 15 respectively . Says it will distribute 10 new shares per 10 share as stock dividend and use additional paid-in capital to distribute five new shares for every 10 shares .Says the company's shares will be traded ex-dividend on June 13 and the dividend will be paid on June 13 for A shares and June 22 for B shares.  Full Article

Dazhong Transportation (Group) to receive 19 pct stake in small loan company
Friday, 29 Apr 2016 08:00pm EDT 

Dazhong Transportation (Group) Co Ltd:Says it to acquire 19 pct stake in a Shanghai-based small loan company from a wastewater treatment company for 40.94 mln yuan.Says it to hold 49 pct stake in target company.  Full Article

Dazhong Transportation (Group) unit to fully divest Dazhong Business
Thursday, 24 Mar 2016 08:00pm EDT 

Dazhong Transportation (Group) Co Ltd:Says its wholly-owned unit to divest 100 percent stake in Dazhong Business, a business consultative firm, to Shanghai Dazhong Public Utilities (group).Says transaction amount of 98.11 million yuan.  Full Article

Dazhong Transportation (Group) announces capital injection in Shanghai-based e-commerce company
Sunday, 13 Mar 2016 08:00pm EDT 

Dazhong Transportation (Group) Co Ltd:The company signs capital injection agreement with Wang Yan, Ma Shiqun, three Shanghai-based companies and Suzhou-based equity investment company, to jointly invest 943 mln yuan into Shanghai-based e-commerce company.The company to invest 110 mln yuan into target company.  Full Article

Dazhong Transportation (Group) proposes 2015 dividend payment
Friday, 4 Mar 2016 07:00pm EST 

Dazhong Transportation (Group) Co Ltd:Actual controller proposes to pay a cash dividend of 1 yuan for every 10 shares, distribute two new shares for every 10 shares as stock dividends, and use additional paid-in capital to distribute three new shares for every 10 shares, as the dividend payment plan for 2015.  Full Article

Shanghai Dazhong Public Utilities (group) subsidiary signs asset management contract with Dazhong Transportation (Group)
Friday, 15 Jan 2016 07:00pm EST 

Shanghai Dazhong Public Utilities (group) Co Ltd:Shanghai-based equity investment subsidiary signs asset management contract with Dazhong Transportation (Group) CO Ltd.Two parties respectively to invest 100 mln yuan and 200 mln yuan into asset management plan.The subsidiary to hold 33.33 pct in the asset management plan.  Full Article

Shanghai Dazhong Public Utilities (group) to set up JV with Dazhong Transportation and affiliated company
Wednesday, 30 Dec 2015 07:00pm EST 

Shanghai Dazhong Public Utilities (group) Co Ltd:To set up a information technology joint venture with Dazhong Transportation (Group) Co. Ltd. and another affiliated company.To hold a 40 pct stake in JV.  Full Article

Shanghai Cooltech Power to set up joint venture with Dazhong Transportation (Group)
Wednesday, 24 Jun 2015 04:47am EDT 

Shanghai Cooltech Power Co Ltd:To set up a joint venture in Shanghai, with Dazhong Transportation (Group) Co Ltd, Shanghai-based real estate company and Shanghai-based company.The joint venture will be engaged in loan business and provision of related consulting service, with a registration capital of 200 million yuan.The company will hold a 20 pct stake in the joint venture.Dazhong Transportation (Group) will hold 40 pct stake in the joint venture.  Full Article

Dazhong Transportation (Group) to sell wholly owned subsidiaries
Thursday, 18 Jun 2015 08:00pm EDT 

Dazhong Transportation (Group) Co Ltd:To sell 100 pct stake in four wholly owned subsidiaries, to a Shanghai-based business administration company.Transaction price of 70,334,400 yuan in total.  Full Article