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CSSC Offshore & Marine Engineering Group Co Ltd (600685.SS)

600685.SS on Shanghai Stock Exchange

13.60CNY
10:20pm EDT
Change (% chg)

¥0.06 (+0.44%)
Prev Close
¥13.54
Open
¥13.45
Day's High
¥13.75
Day's Low
¥13.45
Volume
2,393,291
Avg. Vol
6,898,410
52-wk High
¥29.83
52-wk Low
¥12.30

Latest Key Developments (Source: Significant Developments)

CSSC Offshore & Marine Engineering Enters Cash Injection Agreements
Thursday, 25 Jan 2018 07:32am EST 

Jan 25 (Reuters) - CSSC Offshore & Marine Engineering Group Co Ltd <600685.SS>::COMPANY ENTERED INTO GSI CASH INJECTION AGREEMENTS.CHINA STRUCTURAL REFORM FUND, CHINA LIFE AMONG OTHERS AGREED TO INCREASE CAPITAL OF GSI.ZHONGYUAN ASSET TO INCREASE CAPITAL OF GSI BY ASSUMING LIABILITY IN GSI IN TOTAL OF RMB499 MILLION.CO , HUANGPU WENCHONG AND HUARONG RUITONG ENTERED INTO HUANGPU WENCHONG DEBT ASSUMPTION AGREEMENT​.CHINA STRUCTURAL REFORM FUND, CHINA LIFE, CPIC PROPERTY, PICC AND OTHERS TO CONTRIBUTE RMB1.9 BILLION TO GSI..INVESTORS WILL MAKE CAPITAL INCREASE IN GSI AND HUANGPU WENCHONG IN AN AGGREGATE AMOUNT OF RMB4.8 BILLION..UNDER DEBT ASSUMPTION AGREEMENT, ‍HUARONG RUITONG TO INCREASE CAPITAL OF HUANGPU WENCHONG BY RMB500 MILLION​.  Full Article

CSSC Offshore & Marine Engineering Updates On Suspension Of Trading In Shares
Wednesday, 20 Dec 2017 05:39am EST 

Dec 20 (Reuters) - CSSC Offshore & Marine Engineering Group Co Ltd <600685.SS>::SUSPENSION OF TRADING OF SHARES OF CO IS EXPECTED TO BE NO MORE THAN 5 MONTHS.MATERIAL ASSET REORGANISATION IS INTENDED TO BE CONDUCTED BY PURCHASE OF ASSETS THROUGH ISSUE OF SHARES​.  Full Article

CSSC Offshore & Marine Engineering sees FY profit up by about RMB 826 mln
Monday, 20 Nov 2017 06:12am EST 

Nov 20 (Reuters) - CSSC Offshore & Marine Engineering Group Co Ltd <600685.SS>::Annual profit of co is expected to be increased by about RMB 826 million.Updates on entering into relocation arrangement agreement.Expected increase in FY profit subject to completion of relocation arrangement agreement in FY ended 31 Dec 2017​​.  Full Article

CSSC Offshore & Marine Engineering to introduce investors to increase capital of 2 units
Friday, 17 Nov 2017 04:38am EST 

Nov 17 (Reuters) - Cssc Offshore & Marine Engineering Group Co Ltd <600685.SS>::Proposes to introduce third-party investors to increase capital of two units by no more than RMB5.53 billion​.  Full Article

Cssc Offshore & Marine Engineering would not exercise right of first refusal to buy stake in in GSI Yangzhou
Friday, 10 Nov 2017 04:41am EST 

Nov 10 (Reuters) - Cssc Offshore & Marine Engineering Group Co Ltd <600685.SS>:Board approved, co would not exercise right of first refusal to buy 51% equity interest in gsi yangzhou.  Full Article

CSSC Offshore & Marine Engineering Group appoints Hou Zengquan as CFO
Friday, 10 Nov 2017 03:37am EST 

Nov 10 (Reuters) - CSSC Offshore & Marine Engineering Group Co Ltd 0317.HK-:Resignation Of Chief Financial Officer And Appointment Of New Chief Fina... .‍Chen Qiongxiang will no longer be chief financial officer​.Appoints Hou Zengquan as chief financial officer​.  Full Article

CSSC Offshore & Marine Engineering Group says trading of co's H shares is not suspended and continues​
Thursday, 2 Nov 2017 04:46am EDT 

Nov 2 (Reuters) - CSSC Offshore & Marine Engineering Group Co Ltd <600685.SS>:‍Trading of co's H shares is not suspended and continues​.Trading in company's A shares will continue to be suspended for not more than one month from 27 oct.  Full Article

CSSC Offshore & Marine Engineering Group posts 9-mnth net loss attributable of RMB ‍187.1​ mln
Friday, 27 Oct 2017 04:31am EDT 

Oct 27 (Reuters) - CSSC Offshore & Marine Engineering Group Co Ltd <600685.SS>:9-Mnth operating income RMB 15.49 billion versus RMB 17.07 billion ‍​.9-mnth net loss attributable to shareholders of company RMB ‍187.1​ million versus profit of RMB 6.6 million.  Full Article

CSSC Offshore & Marine Engineering Group Co says HY operating income RMB11.36 bln, up 5.09pct<600685.SS>
Tuesday, 30 Aug 2016 05:47am EDT 

CSSC Offshore & Marine Engineering Group Co Ltd <600685.SS>: Comec-summary of the interim report for the six months ended 30 June 2016 <0317.HK> . HY net profit RMB 37.1 million versus loss of RMB 525 million . Says HY operating income RMB 11.36 billion, up 5.09pct . "would not distribute the interim dividends for 6-month period ended 30 June 2016" .  Full Article

CSSC Offshore & Marine Engineering returns to profit in H1
Tuesday, 30 Aug 2016 05:21am EDT 

CSSC Offshore & Marine Engineering Group Co Ltd <600685.SS> :Says it returns to profit of 37.1 million yuan ($5.56 million) in H1 versus net loss of 525.0 million yuan year ago.  Full Article