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Wolong Electric Group Co Ltd (600580.SS)

600580.SS on Shanghai Stock Exchange

7.39CNY
14 Feb 2018
Change (% chg)

¥0.01 (+0.14%)
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¥7.38
Open
¥7.38
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¥7.48
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¥7.34
Volume
4,498,939
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12,943,973
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¥9.29
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¥6.65

Latest Key Developments (Source: Significant Developments)

Wolong Electric Group obtains high-tech enterprise recognition again and to enjoy tax preference
Friday, 26 Jan 2018 01:48am EST 

Jan 26 (Reuters) - Wolong Electric Group Co Ltd <600580.SS>:Says it was recognized as high-tech enterprise again and could enjoy a tax preference of 15 percent, from 2017 to 2019 .  Full Article

Wolong Electric Group To Acquire GE's Assets Related To Its Small Industrial Business
Monday, 25 Dec 2017 07:04am EST 

Dec 25 (Reuters) - Wolong Electric Group Co Ltd <600580.SS>::SAYS IT PLANS TO ACQUIRE GE'S ASSETS RELATED TO ITS SMALL INDUSTRIAL BUSINESS FOR $142 MILLION.SAYS ITS SHARES TO RESUME TRADE ON DEC 26.  Full Article

Wolong Electric Group to sell stake in two transformer firms for 20.4 mln yuan
Monday, 11 Dec 2017 04:02am EST 

Dec 11(Reuters) - Wolong Electric Group Co Ltd <600580.SS>:Says it plans to sell 51 percent stake and 70 percent stake in two transformer firms respectively, for 20.4 million yuan in total.  Full Article

Wolong Electric Group's 9-month net profit up 354.3 pct y/y
Sunday, 29 Oct 2017 02:49am EDT 

Oct 29 (Reuters) - Wolong Electric Group Co Ltd <600580.SS>:Says 9-month net profit up 354.3 percent y/y.  Full Article

Wolong Electric Group completes sale of Wolong Electric Yinchuan Transformer
Thursday, 14 Sep 2017 05:39am EDT 

Sept 14 (Reuters) - Wolong Electric Group Co Ltd <600580.SS> ::* Says 100 percent stake of co's unit Wolong Electric Yinchuan Transformer has been transferred to Xiamen Red Phase INstruments Inc <300427.SZ>.  Full Article

Wolong Electric Group to invest $30 mln to set up Vietnam unit through HK unit
Tuesday, 22 Aug 2017 05:20am EDT 

Aug 22 (Reuters) - Wolong Electric Group Co Ltd <600580.SS> ::* Says it plans to invest $30 million to set up a Vietnam-based wholly owned electric subsidiary through Hong Kong unit .* Says the Vietnam subsidiary will be capitalized at $10 million .  Full Article

Wolong Electric Group to pay FY 2016 annual div on June 26
Monday, 19 Jun 2017 04:48am EDT 

June 19(Reuters) - Wolong Electric Group Co Ltd <600580.SS> ::* Says it will pay FY 2016 dividend to shareholders of record on June 23.* The company's shares will be traded ex-right and ex-dividend on June 26 and the dividend will be paid on June 26.  Full Article

Wolong Electric to sell transformer unit to Guangzhou equipment firm and other partner
Tuesday, 13 Jun 2017 07:47am EDT 

June 13 (Reuters) - Wolong Electric Group Co Ltd <600580.SS>:Says it plans to sell its unit Wolong Electric Zhejiang Transformer Co for 130 million yuan ($19.13 million).Says GuangZhou Baiyun Electric Equipment Co Ltd <<<603861.SS>>> signs agreement to acquire 51 percent stake in its transformer unit for 66.3 million yuan.  Full Article

Wolong Electric Group to pay cash div 0.3 yuan per 10 shares for FY 2016
Wednesday, 26 Apr 2017 11:08pm EDT 

April 27 (Reuters) - Wolong Electric Group Co Ltd <600580.SS> ::* Says it plans to pay cash div 0.3 yuan per 10 shares for FY 2016.  Full Article

Wolong Electric Group to merge with two units
Friday, 14 Apr 2017 01:48am EDT 

Wolong Electric Group Co Ltd <600580.SS> : Says it will merge with its Shaoxing-based units .Says two units to be dissolved after merger.  Full Article

BRIEF-Wolong Electric Group To Acquire GE's Assets Related To Its Small Industrial Business

* SAYS IT PLANS TO ACQUIRE GE'S ASSETS RELATED TO ITS SMALL INDUSTRIAL BUSINESS FOR $142 MILLION