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Kangxin New Materials Co Ltd (600076.SS)

600076.SS on Shanghai Stock Exchange

6.35CNY
1 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Kangxin New Materials to buy stakes in wood product and bamboo firms
Friday, 4 May 2018 08:13am EDT 

May 4 (Reuters) - Kangxin New Materials Co Ltd <600076.SS>::SAYS IT PLANS TO BUY 100 PERCENT STAKE IN WOOD PRODUCT FIRM FOR UP TO 1.08 BILLION YUAN ($169.90 million), 70 PERCENT STAKE IN LIAN CHENG CHAO BAMBOO INDUSTRY CO FOR ABOUT 70 MILLION YUAN BY CASH.  Full Article

Kangxin New Materials announces 2017 dividend payment
Tuesday, 3 Apr 2018 02:51am EDT 

April 3(Reuters) - Kangxin New Materials Co Ltd <600076.SS>:Says it plans to pay cash dividend of 1.1 yuan per 10 shares (before tax) to the company's shareholders for 2017.  Full Article

Kangxin New Materials says top shareholder proposes 2017 dividend payment
Tuesday, 16 Jan 2018 11:42pm EST 

Jan 17 (Reuters) - Kangxin New Materials Co Ltd <600076.SS>:Says top shareholder proposed to pay a cash dividend of 1 yuan to 1.5 yuan for every 10 shares as the dividend payment plan for 2017 .  Full Article

Kangxin New Materials' H1 net profit up 18.7 pct y/y
Thursday, 17 Aug 2017 06:16am EDT 

Aug 17 (Reuters) - Kangxin New Materials Co Ltd <600076.SS>:Says H1 net profit up 18.7 percent y/y at 230.9 million yuan ($34.60 million).  Full Article

Kangxin New Materials announces change in accounting policy
Monday, 7 Aug 2017 06:21am EDT 

Aug 7(Reuters) - Kangxin New Materials Co Ltd <600076.SS>:Says it changes accounting policy based on accounting standards for business enterprises.  Full Article

Kangxin New Materials says no dividend payment for FY 2016
Monday, 24 Apr 2017 03:10am EDT 

April 24(Reuters) - Kangxin New Materials Co Ltd <600076.SS> ::* Says no dividend payment for FY 2016.  Full Article

Kangxin New Materials sees 2016 net profit to rise 37-44 pct
Monday, 23 Jan 2017 02:40am EST 

Kangxin New Materials Co Ltd <600076.SS> :Says it expects 2016 net profit to rise 37-44 percent y/y to 370-390 million yuan ($53.97-$56.89 million).  Full Article

Kangxin New Materials unit to use 62 mln yuan to jointly set up wooden houses construction company
Monday, 10 Oct 2016 12:06am EDT 

Kangxin New Materials <600076.SS>: Says its wholly owned subsidiary Kangxin New Material Science & Technology Stock Co Ltd will use 62 million yuan to jointly set up a wooden houses construction company in Hubei with four individuals .Says the subsidiary will hold 62 percent stake in the new company.  Full Article

BRIEF-Kangxin New Materials to buy stakes in wood product and bamboo firms

* SAYS IT PLANS TO BUY 100 PERCENT STAKE IN WOOD PRODUCT FIRM FOR UP TO 1.08 BILLION YUAN ($169.90 million), 70 PERCENT STAKE IN LIAN CHENG CHAO BAMBOO INDUSTRY CO FOR ABOUT 70 MILLION YUAN BY CASH Source text in Chinese: https://bit.ly/2rk0iq7 Further company coverage: ($1 = 6.3565 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)