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Wolong Electric Group Co Ltd (600580.SS)

600580.SS on Shanghai Stock Exchange

7.90CNY
15 Dec 2017
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¥6.65

Latest Key Developments (Source: Significant Developments)

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

Xiamen Red Phase Instruments says shareholding changes due to new share issuance
Friday, 2 Dec 2016 01:51am EST 

Xiamen Red Phase Instruments <300427.SZ>: Says its shareholding changes due to new share issuance . Says Wolong Electric Group <600580.SS> raised stake in it to 10.96 percent (44.9 million shares) from 0 percent .Says individual Yang Baotian cut stake in it to 30.5 percent from 44 percent, individual Yang Cheng cut stake in it to 9.5 percent from 13.7 percent.  Full Article

Wolong Electric Group signs agreement to sell transformer firm for 1.1 bln yuan
Thursday, 25 Aug 2016 07:30am EDT 

Wolong Electric Group <600580.SS> :Says it signs agreement to sell Wolong Electric Yinchuan Transformer Co to Xiamen Red Phase Instruments Inc <300427.sz> for about 1.1 billion yuan ($165.25 million).  Full Article