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ChinaCache International Holdings Ltd (CCIH.OQ)

CCIH.OQ on NASDAQ Stock Exchange Global Select Market

1.77USD
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

ChinaCache International says to sell data center assets
Monday, 6 Mar 2017 08:00am EST 

ChinaCache International Holdings Ltd : Entered agreements to sell 79.0% interest of ChinaCache Xin Run Technology to Tianjin Shuishan Technology, Shanghai Qiaoyong, Tianjin Dingsheng . ChinaCache announces definitive agreements to sell data center assets . Deal for a total consideration of RMB221.2 million in cash before fees and expenses . Tianjin Shuishan, Shanghai Qiaoyong and Tianjin Dingsheng agree to buy 47.67%, 26.33% and 5.0%, in Xin Run . ChinaCache plans to apply proceeds from transaction to research and development, working capital and other purposes . Company has terminated agreement to sell 60.0% of Xin Run as disclosed in its press release on December 2, 2015 . Tianjin Shuishan will obtain a loan from Shanghai Qiaoyong or its affiliates to finance its acquisition .After completion of transaction, ChinaCache will, through a subsidiary, own 20.0% equity interest of Xin Run.  Full Article

ChinaCache reports agreements to sell data center assets
Monday, 6 Mar 2017 08:00am EST 

Chinacache International Holdings Ltd : ChinaCache announces definitive agreements to sell data center assets . ChinaCache International Holdings Ltd- deal for a total consideration of rmb221.2 million in cash before fees and expenses . ChinaCache International Holdings Ltd - Tianjin Shuishan, Shanghai Qiaoyong and Tianjin Dingsheng agree to buy 47.67 pct, 26.33 pct and 5.0 pct, in Xin Run . ChinaCache International- entered definitive agreements to sell 79.0 pct equity interest of ChinaCache Xin Run technology to Tianjin Shuishan Technology . Chinacache International Holdings Ltd- ChinaCache plans to apply proceeds from transaction to research and development, working capital and other purposes . ChinaCache International Holdings Ltd- company has terminated agreement to sell 60.0 pct of xin run as disclosed in its press release on december 2, 2015 . ChinaCache International Holdings Ltd- Tianjin Shuishan will obtain a loan from Shanghai Qiaoyong or its affiliates to finance its acquisition .Chinacache International Holdings Ltd- after completion of transaction, ChinaCache will, through a subsidiary, own 20.0 pct equity interest of Xin Run.  Full Article

Chinacache International Holdings reports Q3 loss per ADS $0.48
Tuesday, 29 Nov 2016 06:00pm EST 

Chinacache International Holdings Ltd : Announces third quarter 2016 financial results . Sees FY 2016 revenue RMB 1.04 billion to RMB 1.1 billion . Q3 revenue fell 19.5 percent to RMB 261.6 million .Q3 loss per ADS $0.48.  Full Article

Chinacache International Holdings reports Q2 net loss per basic and diluted ADS RMB 4.31
Thursday, 18 Aug 2016 06:00pm EDT 

Chinacache International Holdings Ltd : Announces second quarter 2016 financial results . Sees FY 2016 revenue RMB 1.04 billion to RMB 1.1 billion . Qtrly net revenues were RMB261.5 million ($39.3 million), compared with RMB353.3 million in corresponding period in 2015 . Qtrly net loss per basic and diluted ADS for Q2 2016 was RMB 4.31 ($0.65) .Non-GAAP net loss per basic and diluted ADS for Q2 2016 was RMB 3.62 ($0.55) each.  Full Article

ChinaCache International says CFO Jing An to leave company
Friday, 1 Jul 2016 09:00am EDT 

ChinaCache International Holdings Ltd : Jing An, chief financial officer, will leave company .Naijiang Zhou, co's senior vice president of corporate strategy and investment, will assume role of interim CFO.  Full Article

ChinaCache International Q1 loss per ADS $0.87
Monday, 23 May 2016 06:00pm EDT 

Chinacache International Holdings Ltd : Says net revenues for q1 of 2016 were rmb267.8 million (us$41.5 million), representing a 14.0% decrease . Chinacache international holdings ltd says expects most of revenue growth to occur in second half of year . Plan to establish additional nodes in more tier 1 and tier 2 cities in china . Qtrly loss per ads $0.87 . Qtrly loss per ordinary share $0.05 . Non-Gaap net loss per basic and diluted ads for q1 of 2016 us$0.55 . Chinacache international holdings ltd. Announces first quarter 2016 financial results . Sees fy 2016 revenue rmb 1.45 billion to rmb 1.55 billion .Sees fy 2016 revenue up 7.1 to 14.5 percent.  Full Article

ChinaCache International Holdings Ltd announces share buyback program
Monday, 28 Dec 2015 08:00am EST 

ChinaCache International Holdings Ltd:Approved a new share buyback program, under which the Company is authorized to repurchase up to US$5 million worth of outstanding american depositary shares of ChinaCache over the next 12 months.Buyback program will be funded by the Company's available cash balance.  Full Article

ChinaCache International Holdings Ltd lowers FY 2015 revenue guidance
Wednesday, 2 Dec 2015 06:00pm EST 

ChinaCache International Holdings Ltd:Expects to generate total net revenues in the range of 1.34 billion yuan to 1.44 billion yuan for FY 2015.  Full Article

ChinaCache International Holdings Ltd announces share buyback program
Monday, 24 Aug 2015 08:10am EDT 

ChinaCache International Holdings Ltd:Says authorized to repurchase, up to US$6 mln worth of outstanding american depositary shares.Says share buyback programs will be funded by the company's available cash balance.Says buyback program is in addition to program previously approved and announced on Dec. 18, 2014.  Full Article

ChinaCache International Holdings Ltd gives FY 2015 revenue guidance below analysts' estimates
Thursday, 20 Aug 2015 06:00pm EDT 

ChinaCache International Holdings Ltd:Expects to generate total net revenues in the range of 1.40 billion yuan to 1.47 billion yuan for FY 2015.FY 2015 revenue of 1.74 billion yuan - Thomson Reuters I/B/E/S.  Full Article

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