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Tong Oil Tools Co Ltd (300164.SZ)

300164.SZ on Shenzhen Stock Exchange

6.82CNY
18 Jan 2018
Change (% chg)

¥0.06 (+0.89%)
Prev Close
¥6.76
Open
¥6.70
Day's High
¥6.98
Day's Low
¥6.69
Volume
6,508,400
Avg. Vol
9,476,640
52-wk High
¥10.68
52-wk Low
¥5.31

Latest Key Developments (Source: Significant Developments)

Tong Oil Tools passes review of high-tech enterprise recognition
Thursday, 4 Jan 2018 10:37pm EST 

Jan 5(Reuters) - Tong Oil Tools Co Ltd <300164.SZ>:Says it passes the review of high-tech enterprise recognition and will enjoy a tax preference of 15 percent for three years (2017 to 2019).  Full Article

Tong Oil Tools' Owner And Controlling Shareholder Adds 3.47 Percent Stake During Dec 12-20
Wednesday, 20 Dec 2017 06:05am EST 

Dec 20 (Reuters) - Tong Oil Tools Co Ltd <300164.SZ>::SAYS ITS OWNER AND CONTROLLING SHAREHOLDER ADDS 3.47 PERCENT STAKE DURING DEC 12-20.  Full Article

Tong Oil Tools sets up energy-related investment limited partnership with partners
Thursday, 7 Dec 2017 09:31pm EST 

Dec 8(Reuters) - Tong Oil Tools Co Ltd <300164.SZ>:Says it set up an energy-related investment limited partnership with partners .  Full Article

Tong Oil Tools to acquire a controlling stake in Cutters Group Management
Thursday, 19 Oct 2017 09:10am EDT 

Oct 19 (Reuters) - Tong Oil Tools Co Ltd <300164.SZ>:Says it plans to acquire a controlling stake in Cutters Group Management Inc, whose 100 percent stake is valued at $72.38 million.  Full Article

Tong Oil Tools sees Q1 to Q3 FY 2017 net profit down 8.5 pct to up 14.4 pct
Monday, 16 Oct 2017 09:43am EDT 

Oct 16(Reuters) - Tong Oil Tools Co Ltd <300164.SZ>:Sees Q1 to Q3 FY 2017 net profit to decrease by 8.5 percent to increase by 14.4 percent, or to be 8 million yuan to 10 million yuan .Says Q1 to Q3 FY 2016 net profit was 8.7 million yuan .  Full Article

Tong Oil Tools says US-based unit to subscribe 20.7 pct stake in Cutters Group Management Inc
Thursday, 24 Aug 2017 11:57pm EDT 

Aug 24 (Reuters) - Tong Oil Tools Co Ltd <300164.SZ> ::* Says its US-based wholly owned unit Tong Petrotech Inc plans to subscribe 20.7 percent stake in Cutters Group Management Inc (CGM) by $15 million.* Says co will own totaling 23.8 percent stake in CGM .  Full Article

Tong Oil Tools to swing to profit in FY 2017 H1
Friday, 14 Jul 2017 12:47am EDT 

July 14 (Reuters) - Tong Oil Tools Co Ltd <300164.SZ> ::* Sees to swing to net profit at 1 million yuan to 6 million yuan in FY 2017 H1 versus net loss at 11.7 million yuan in FY 2016 H1 .* Says increased operating revenue as main reason for the forecast.  Full Article

Tong Oil Tools to pay A shares annual div for FY 2016 on May 19
Friday, 12 May 2017 01:36am EDT 

May 12 (Reuters) - Tong Oil Tools Co Ltd <300164.SZ> ::* Says it will pay cash dividend of 0.1 yuan(before tax)/10 shares for 2016 to shareholders of record on May 18.* The company's shares will be traded ex-right and ex-dividend on May 19 and the dividend will be paid on May 19.  Full Article

Tong Oil Tools to pay cash div 0.1 yuan per 10 shares for FY 2016
Friday, 31 Mar 2017 05:28am EDT 

Tong Oil Tools Co Ltd <300164.SZ> :Says it plans to pay cash div 0.1 yuan per 10 shares for FY 2016.  Full Article

Tong Oil Tools sees FY 2017 Q1 net loss to narrow
Friday, 31 Mar 2017 12:23am EDT 

Tong Oil Tools Co Ltd <300164.SZ> : Sees net loss for FY 2017 Q1 to be 10 million yuan to 15 million yuan, compared to net loss in FY 2016 Q1(17 million yuan) .Says increased revenue and increased operating fees as main reasons for the forecast.  Full Article

BRIEF-Tong Oil Tools to acquire a controlling stake in Cutters Group Management

* Says it plans to acquire a controlling stake in Cutters Group Management Inc, whose 100 percent stake is valued at $72.38 million