Heavy Electrical Equipment
Xuzhou Wuyang Technology Co Ltd <300420.SZ> : Sees Q1 FY 2017 net profit to increase by 175 percent to 205 percent, or to be 9.1 million yuan to 10.0 million yuan . Says Q1 FY 2016 net profit was 3.3 million yuan .Says steady growth in core business as main reason for the forecast.
Changjiang Runfa Machinery transfers elevator guide rail business related assets and liabilities to subsidiary
Changjiang Runfa Machinery Co Ltd <002435.SZ> :Says it transferred elevator guide rail business related assets and liabilities to new wholly owned machinery subsidiary based in Zhangjiagang as of Feb. 28.
Jilin Jinguan Electric Co Ltd <300510.SZ> : Sees net profit for Q1 of FY 2017 to increase by 0 percent to 10 percent, or to be 5.9 million yuan to 6.5 million yuan, compared to net profit of Q1 in FY 2016 (5.9 million yuan) .Says steady growth of core business as main reason for the forecast.
2G Energy AG <2GBG.DE>: As of Dec. 31, 2016, 2G reported orders on hand of 91.2 million euros ($96.74 million) (2015: 85.5 million euros; 2014: 42.3 million) . New business, meaning sum of orders that are part of backlog but are not yet in progress, stood at 53.7 million euros as of December 31, 2016 (2015: 52.0 million euros) .Against backdrop of surplus orders and customer demand running at a steady and healthy level, 2G has commenced fiscal year 2017 with positive prospects of growth in sales and earnings.
Daifuku Co Ltd <6383.T>:Says the co plans to merge its Osaka-based wholly owned unit, which is engaged in exhibition business, on April 1.
CSG Smart Science&Technology Co Ltd <300222.SZ> : Sees FY 2016 net profit to increase by 90 percent to 110 percent, or to be 259.7 million yuan to 287.1 million yuan . Says FY 2015 net profit was 136.7 million yuan .The reasons are increased main business income and acquisition or other investment return.
Contec Co Ltd <6639.T>:Says the co plans to merge its wholly owned unit, an Osaka-based software development firm, on April 1.
Lanzhou Greatwall Electrcal Co., Ltd.<600192.SS>:Says it dissolved Lanzhou-based electronic engineering unit.
Saimo Electric Co Ltd <300466.SZ> :Says its shares to resume trading from Dec 27 after asset restructuring plan.