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CEC CoreCast Corp Ltd (600764.SS)

600764.SS on Shanghai Stock Exchange

24 May 2017
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¥0.67 (+2.30%)
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Wed, Apr 19 2017

BRIEF-CEC CoreCast to sell stake and issue new shares to acquire stake in companies

* Says it plans to sell its entire 58.1 percent stake in China Electronics Smart Card and 13.7 percent stake in China Electronics Financial Co Ltd for 729.3 million yuan

BRIEF-China Shipbuilding Industry has no further plan to inject assets to CEC Corecast

* Says controlling shareholder China Shipbuilding Industry Corp has no further plan to inject assets to the company

BRIEF-CEC Corecast sees FY 2016 net profit as 25 mln yuan to 37.5 mln yuan

* Sees net profit for FY 2016 to be 25 million yuan to 37.5 million yuan

BRIEF-CEC Corecast's share trade to resume on Nov 30

Nov 29 CEC Corecast Corp Ltd * Says shares to resume trading on Nov 30 Source text in Chinese: http://bit.ly/2gEw8Hg Further company coverage: (Reporting by Beijing newsroom)

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