Edition:
United States

Kangde Xin Composite Material Group Co Ltd (002450.SZ)

002450.SZ on Shenzhen Stock Exchange

6.00CNY
18 Apr 2019
Change (% chg)

¥-0.18 (-2.91%)
Prev Close
¥6.18
Open
¥6.16
Day's High
¥6.18
Day's Low
¥5.97
Volume
79,930,546
Avg. Vol
124,302,968
52-wk High
¥21.79
52-wk Low
¥3.98

Latest Key Developments (Source: Significant Developments)

Kangde Xin Composite Material's Overdue Principal And Interests Of Bank Loans Totalled 741.48 Mln Yuan To Date
Thursday, 21 Mar 2019 05:01am EDT 

March 21 (Reuters) - Kangde Xin Composite Material Group Co Ltd <002450.SZ>::SAYS ITS OVERDUE PRINCIPAL AND INTERESTS OF BANK LOANS TOTALLED 741.48 MILLION YUAN ($110.81 million) TO DATE.SAYS THE OVERDUE BORROWINGS MIGHT INCREASE ITS FINANCIAL EXPENSES AND HAVE SIGNIFICANT IMPACT ON OPERATIONS THIS YEAR.  Full Article

Kangde Xin Composite Material Says Board Elects Xiao Peng As Chairman
Friday, 1 Mar 2019 05:32am EST 

March 1 (Reuters) - Kangde Xin Composite Material Group Co Ltd <002450.SZ>::SAYS BOARD ELECTS XIAO PENG AS CHAIRMAN.  Full Article

Kangde Xin Composite Material's Preliminary 2018 Net Profit Down 83.77 Percent Y/Y
Wednesday, 27 Feb 2019 07:08am EST 

Feb 27 (Reuters) - Kangde Xin Composite Material Group Co Ltd <002450.SZ>::SAYS PRELIM 2018 NET PROFIT DOWN 83.77 PERCENT Y/Y AT 401.62 MILLION YUAN ($60.13 million).  Full Article

Kangde Xin Composite Material's Chairman Resigns Due To Personal Reasons
Monday, 11 Feb 2019 08:12pm EST 

Feb 12 (Reuters) - Kangde Xin Composite Material Group Co Ltd <002450.SZ>::SAYS CHAIRMAN ZHONG YU RESIGNS DUE TO PERSONAL REASONS.  Full Article

Kangde Xin Composite Material Probed By Regulator Due To Violation Of Information Disclosure
Tuesday, 22 Jan 2019 08:54am EST 

Jan 22 (Reuters) - Kangde Xin Composite Material Group Co Ltd <002450.SZ>::SAYS IT IS INVESTIGATED BY SECURITIES REGULATOR DUE TO VIOLATION OF INFORMATION DISCLOSURE.  Full Article

Kangde Xin Composite Material's Share Trade To Halt On Jan 22, To Resume On Jan 23
Monday, 21 Jan 2019 06:36am EST 

Jan 21 (Reuters) - Kangde Xin Composite Material Group Co Ltd <002450.SZ>::SAYS ITS SHARE TRADE TO HALT ON JAN 22, TO RESUME ON JAN 23 AFTER IMPLEMENTING OTHER RISK WARNING AS COMPANY'S MAIN BANK ACCOUNTS HAVE BEEN FROZEN.  Full Article

China's Kangde Xin Composite Material Fails To Pay Principal And Interest On Commercial Paper
Monday, 21 Jan 2019 04:43am EST 

Jan 21 (Reuters) - Shanghai Clearing House ::SAYS KANGDE XIN COMPOSITE MATERIAL GROUP CO LTD <<<002450.SZ>>> FAILED TO PAY PRINCIPAL AND INTEREST WORTH TOTAL OF 521.56 MILLION YUAN ($76.77 million) ON COMMERCIAL PAPER DUE JAN 21 .  Full Article

Kangde Xin Composite Material Faces Uncertainty In Repaying Principal, Interest For Two Commercial Papers
Monday, 14 Jan 2019 04:28am EST 

Jan 14 (Reuters) - Shanghai Clearing House ::SAYS KANGDE XIN COMPOSITE MATERIAL GROUP CO LTD'S <<<002450.SZ>>> FACES UNCERTAINTY IN REPAYING PRINCIPAL, INTEREST TOTALLING 521.56 MILLION YUAN ($77.13 million) FOR COMMERCIAL PAPER DUE JAN 21 .SAYS KANGDE XIN COMPOSITE MATERIAL GROUP CO LTD FACES UNCERTAINTY IN REPAYING PRINCIPAL, INTEREST TOTALLING 1.04 BILLION YUAN FOR COMMERCIAL PAPER DUE JAN 15 .  Full Article

Kangde Xin Composite Material To Buy Back 500-1,500 Million Yuan Worth Of Company Shares
Wednesday, 14 Nov 2018 03:58am EST 

Nov 14 (Reuters) - Kangde Xin Composite Material Group Co Ltd <002450.SZ>::SAYS IT PLANS TO BUY BACK 500-1,500 MILLION YUAN ($71.92-215.77 million) WORTH OF COMPANY SHARES WITHIN 12 MONTHS.  Full Article

Kangde Xin Composite Material Scraps Buying Boyd Corp As Trade Friction Adds Difficulties To Obtain Approvals
Thursday, 6 Sep 2018 07:39am EDT 

Sept 6 (Reuters) - Kangde Xin Composite Material Group Co Ltd <002450.SZ>::SAYS IT SCRAPS PLAN TO ACQUIRE BOYD CORPORATION AS CHINA-U.S. TRADE FRICTION ADDS DIFFICULTIES TO OBTAIN REGULATORY APPROVALS.  Full Article