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Youngor Group Co Ltd (600177.SS)

600177.SS on Shanghai Stock Exchange

9.34CNY
8 Dec 2017
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Mon, Dec 4 2017

BRIEF-Youngor Group invests 2.57 bln yuan in Bank of Ningbo for its convertible bonds and shares

* SAYS IT HAS INVESTED 2.57 BILLION YUAN ($388.43 million) IN BANK OF NINGBO CO LTD FOR ITS CONVERTIBLE BONDS AND 77.8 MILLION SHARES Source text in Chinese: http://bit.ly/2nqLHcV Further company coverage: ($1 = 6.6164 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

BRIEF-Youngor Group sets up equity investment limited partnership

* Says it completed establishment of equity investment limited partnership with partner

BRIEF-Youngor Group's joint-stock company wins land auction for 890.1 mln yuan

* SAYS ITS JOINT-STOCK COMPANY WINS LAND AUCTION FOR 890.1 MILLION YUAN ($134.73 million) Source text in Chinese: http://bit.ly/2ALsus3 Further company coverage: ($1 = 6.6065 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

BRIEF-Youngor Group to invest 999 mln yuan to set up equity investment JV

* Says it plans to invest 999 million yuan ($150.63 million) to set up equity investment JV

BRIEF-Garments maker Youngor Group's 9-month net profit down 19 pct y/y

Oct 30 Youngor Group Co Ltd * Says 9-month net profit down 19 percent y/y Source text in Chinese: http://bit.ly/2iMITVr Further company coverage: (Reporting by Hong Kong newsroom)

BRIEF-Youngor Group real estate unit signs cooperate agreement on residential land development

* Says its real estate wholly owned unit signs cooperate agreement with shanghai partner on residential land development in Ningbo city

BRIEF-Youngor plans to boost unit's capital by 974 mln yuan

* Says it plans to boost unit's capital by 974.0 million yuan ($147.96 million) to 1.0 billion yuan

BRIEF-Youngor Group adopts new accounting policy regarding subsidy

* Says it adopted new accounting policy regarding subsidy, effective since June 12

BRIEF-Menswear maker Youngor's H1 net profit down 33.3 pct y/y

* Says H1 net profit down 33.3 percent y/y at 2.0 billion yuan ($301.16 million)

BRIEF-Youngor to invest 200 mln yuan to set up asset management JV

* Says it plans to invest 200 million yuan ($29.95 million) to set up asset management firm with partners including China Cinda Asset Management

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