Construction Supplies & Fixtures
Guangdong KinLong Hardware Products Co Ltd <002791.SZ>: Sees net profit for 2016 to increase by 10 percent to 30 percent, or to be 231.8 million yuan to 274.0 million yuan . Says the net profit of 2015 was 210.7 million yuan .Comments that market expansion is the main reason for the outlook.
Kennede Electronics MFG Co Ltd <002723.SZ>: Says net profit of 2016 expected to decrease by 50 percent to 100 percent, or to be 0 to 20.4 million yuan . Says the net profit of 2015 was 40.9 million yuan .Says that decreased Product gross margin and long-term investment loss are the main reasons for the forecast.
Zhejiang Kaier New Materials <300234.SZ>:Says three individuals plan to sell up to 10 percent stake (29 million shares) in it in six months.
Ochi Holdings Co Ltd <3166.T>: Says it to buy 100 percent voting rights in Japan-based co TAIHEI SHOKO CO.,LTD from an individual with an undisclosed price .Says the transaction will effective on Oct. 31.
Zhejiang Weixing New Building Materials Co Ltd <002372.SZ>: Expects net profit for 2016 to increase by 20 percent to 50 percent, or to be 581.3 million yuan to 726.6 million yuan . Says the net profit of 2015 was 484.4 million yuan .Comments that enlarged production and sales scale and increased gross margin are the main reasons for the forecast.
Zhuzhou Kibing Group Co Ltd <601636.SS>:Says it appoints its chairman Ge Wenyao as president.
Cangzhou Mingzhu Plastic Co Ltd <002108.SZ>: Expects net profit for 2016 to increase by 125 percent to 150 percent, or to be 482.9 million yuan to 536.6 million yuan . Says the net profit of 2015 was 214.6 million yuan .Comments that increased sales volume of main product is the main reason for the forecast.