Heavy Electrical Equipment
Changshu Fengfan Power Equipment to acquire 30 pct stake in petroleum special facilities construction company for free
Changshu Fengfan Power Equipment :Says it will acquire 30 percent stake in a Heihe-based petroleum special facilities construction company for free.
Suzhou Industrial Park Heshun Electric : Sees net profit for 2016 up 30 percent to 50 percent, or to be 29.4 million yuan to 33.9 million yuan . Says the net profit of 2015 was 22.6 million yuan .Comments the development of new energy vehicles charging pile business and photovoltaic power generation...
Saimo Electric Co Ltd : Sees net profit for FY2016 to increase by 85 percent to 105 percent, or to be 61.3 million yuan to 67.9 million yuan, compared to net profit of 2015 (33.1 million yuan) .Says newly acquired three firms' statements consolidated as main reason for the forecast.
No related earnings announcements are currently scheduled within the next 7 days.