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Huayi Electric Co Ltd (600290.SS)

600290.SS on Shanghai Stock Exchange

13.27CNY
1:59am EST
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¥14.05
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¥9.35

Latest Key Developments (Source: Significant Developments)

Huayi Electric says lawsuit close
Monday, 11 Sep 2017 10:45am EDT 

Sept 11 (Reuters) - Huayi Electric Co Ltd <600290.SS> ::* Says lawsuit against a Sichuan-based bamboo resources development firm(defendant), regarding contract disputes, has been closed .* Says it received 7.3 million yuan and related interest .  Full Article

Huayi Electric unit to sell share of property in limited partnership for 24 mln yuan
Monday, 31 Jul 2017 05:22am EDT 

July 28(Reuters) - Huayi Electric Co Ltd <600290.SS>:Says its Zhejiang-based unit plans to sell share of property valued 60 million yuan in an investment limited partnership to Zhangjiagang-based firm, for 24 million yuan .  Full Article

Huayi Electric sees H1 FY 2017 net profit down about 80 pct
Wednesday, 12 Jul 2017 11:09pm EDT 

July 13(Reuters) - Huayi Electric Co Ltd <600290.SS> ::* Sees H1 FY 2017 net profit to decrease by about 80 percent.* Says H1 FY 2016 net profit was 52.0 million yuan.* The reasons for the forecast are decreased income of power transmission and distribution and wind power equipment as well as decreased bid price of transmission and distribution equipment .  Full Article

Huayi Electric receives administrative order
Thursday, 1 Jun 2017 05:31am EDT 

June 1(Reuters) - Huayi Electric Co Ltd <600290.SS> ::* Says it received an administrative order from Regulatory Bureau of China Securities Regulatory Commission, regarding delay in information disclosure of net loss forecast and nonstandard use of raised fund.  Full Article

Huayi Electric elects chairman, general manager and appoints CFO
Wednesday, 17 May 2017 12:25am EDT 

May 17(Reuters) - Huayi Electric Co Ltd <600290.SS> ::* Says it elects Chen Menglie as chairman and general manager.* Says it appoints Li Weilong as CFO.  Full Article

Huayi Electric says no dividend payment for FY 2016
Tuesday, 25 Apr 2017 02:12am EDT 

April 25(Reuters) - Huayi Electric Co Ltd <600290.SS> ::* Says no dividend payment for FY 2016.  Full Article

Huayi Electric to swing to loss in FY 2017 Q1
Monday, 17 Apr 2017 03:06am EDT 

April 17 (Reuters) - Huayi Electric Co Ltd <600290.SS> ::* ees net profit for FY 2017 Q1 to decrease by 70 percent to 95 percent versus net profit at 15 million yuan in FY 2016 Q1 .* Says schedule delay of project construction as main reason for the forecast.  Full Article

Huayi Electric sees FY 2016 net loss to be 47.4 mln yuan
Tuesday, 11 Apr 2017 04:50am EDT 

Huayi Electric Co Ltd <600290.SS> : Sees FY 2016 net loss to be 47.4 million yuan . Says FY 2015 net profit was 60.1 million yuan .The reasons for the forecast are decreased sales revenue of wind power business and increased selling expense of domestic power transmission and distribution business.  Full Article

Huayi Electric unit to set up investment management LP with partners
Tuesday, 21 Feb 2017 05:35am EST 

Huayi Electric Company Limited <600290.SS> : Says its unit plans to set up an investment management limited partnership with partners .Says the limited partnership will be capitalized at 375 million yuan and its unit will hold a 40 percent stake in it.  Full Article

Huayi Electric's unit to set up investment JV
Friday, 17 Feb 2017 06:17am EST 

Huayi Electric Co Ltd <600290.SS> : Says unit plans to invest 150 million yuan ($21.85 million)to set up investment management JV .Says controlling shareholder has used 8 million shares in the company, representing 1.05 percent total issued share capital, as collateral until Feb 10, 2027.  Full Article