Appliances, Tools & Housewares
HRG Group Inc
Haier Electronics Group Co Ltd <1169.HK>: Proposed final dividend per share hk17 cents . Looking into 2017, remain optimistic about prospects of white goods, distribution and logistics businesses . FY net profit rmb 2.79 billion versus rmb 2.70 billion .FY revenue rmb 63.85 billion, up 1.6%.
Wuxi Hodgen Technology Co., Ltd.<300279.SZ>:Says it formed cooperation with Shanghai-based tech-transfer firm on development of intelligent life.
Zhejiang Haers Vacuum Containers Co Ltd <002615.SZ> : Sees Q1 FY 2017 net profit to increase by 220 percent to 260 percent, or to be 33.1 million yuan to 37.3 million yuan . Says Q1 FY 2016 net profit was 10.4 million yuan .The reasons for the forecast are sufficient overseas orders and government subsidies.
Sandmartin International Holdings Ltd <0482.HK>- : Company and underwriter agreed to carry out open offer to raise approximately hk$236.1 million . Open offer in order to raise funds to ease liquidity issue of group and support development of myhd . Offer involving allotment and issue of 1.97 billion open offer shares at offer price of hk$0.12 per open offer share . Board proposes to increase authorised share capital of company from hk$300 million to hk$1 billion .Increase in authorised share capital by creation of an additional 7 billion unissued shares.
Suzhou Hesheng Special Material Co Ltd <002290.SZ> : Says its unit completes acquisition of 100 percent stake in Capital Steward Global Limited .Co's composite material unit was recognized as high-tech enterprise and will enjoy a tax preference of 15 percent for three years.
Allan International Holdings Ltd <0684.HK>: Cheung Lun has ceased to be chairman and has been re-designated as a non-executive director and appointed as honorary chairman .Cheung Lai Chun, Maggie executive director of group, have been appointed as chairman.
Tangshan Jidong Equipment Engineering Co Ltd <000856.SZ> : Says it returns to net profit of 23.1 million yuan ($3.35 million) in 2016 versus net loss of 203.1 million yuan year ago .Says it applies to cancel delisting risk warning after it has returned to net profit in 2016.