Appliances, Tools & Housewares
Ningbo Xinhai Electric Co Ltd <002120.SZ> : Sees net profit for 2016 to increase by 55 percent to 85 percent, or to be 77.2 million yuan to 92.2 million yuan . Says the net profit of 2015 was 49.8 million yuan .Comments that the acquisition of equity in a medical supplies company is the main reason for the forecast.
Midea Group Co Ltd <000333.SZ> : Says its Q3 net profit up 23.2 percent y/y at 3.3 billion yuan ($487.52 million) .Says it plans commercial paper of up to 10 billion yuan ($1.48 billion), medium-term notes of up to 20 billion yuan.
Newell Brands Inc
Shanghai Flyco Electrical Appliance <603868.SS> :Says 9-month net profit up 21.1 percent y/y at 420 million yuan ($61.95 million).
Hisense Kelon Electrical Holdings Co Ltd <000921.SZ>: hisense refrigerator entered into october wealth management agreement with agricultural bank of china . agreement to subscribe for 112-day wealth management product in subscription amount of rmb500 million . Subscription of 112-day wealth management product is made from idle self-owned funds of group .Agricultural bank of china as issuer and hisense refrigerator as subscriber.
Suzhou Hesheng Special Material Co., Ltd.<002290.SZ>: Says the shareholder Shenzhen-based asset management firm raised stake in the co to 27.4 percent from 17.9 percent .Says the shareholder Zhao Dongming cut 8.1 percent stake in the co, down from 29.8 percent.
Tangshan Jidong Equipment Engineering Co Ltd <000856.SZ>: Says net profit for Q1 to Q3 of 2016 expected to be 55 million to 60 million yuan .Says the net profit of Q1 to Q3 of 2015 was a loss of 101.9 million yuan.
Anhui Lucky Health Technology Co Ltd <300247.SZ>: Says net profit for Q1 to Q3 of 2016 expected to increase by 140 percent to 168 percent, or to be 31.9 million to 35.6 million yuan .Says the net profit of Q1 to Q3 of 2015 was 13.3 million yuan.