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Hundsun Technologies Inc (600570.SS)

600570.SS on Shanghai Stock Exchange

23 Feb 2018
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¥-0.20 (-0.43%)
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Mon, Jan 29 2018

BRIEF-Hundsun Technologies Expects 2017 Net Profit To Rise Up To 2,688.2 Pct Y/Y

* SAYS IT EXPECTS 2017 NET PROFIT TO RISE 2,360.2-2,688.2 PERCENT Y/Y TO ABOUT 450-510 MILLION YUAN($71.12-80.61 million) Source text in Chinese: http://bit.ly/2nlEpne Further company coverage: ($1 = 6.3270 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

BRIEF-Hundsun Technologies' Vice President Xu Changrong Resigns Due To Personal Reasons

* SAYS VICE PRESIDENT XU CHANGRONG RESIGNS DUE TO PERSONAL REASONS Source text in Chinese: http://bit.ly/2lQPfC4 Further company coverage: (Reporting by Hong Kong newsroom)

BRIEF-Hundsun Technologies to set up network technology JV in Zhejiang

* Says it plans to set up a network technology JV with partner, with registered capital of 50 million yuan, in Zhejiang

BRIEF-Hundsun Technologies sees FY 2017 net profit to rise

* Says it sees net profit for FY 2017 to increase by more than 50 percent

BRIEF-Hundsun Technologies to invest 12 mln yuan in Ningbo VC investment fund

* Says it plans to invest 12 million yuan to subscribe shares in a Ningbo-based VC investment fund, owning 16.5 percent ratio of contributions

BRIEF-Hundsun Technologies acquires 51 pct stake in Shanghai DZH's investment unit

* Says it acquired 51 percent stake in a Hong Kong-based investment unit of Shanghai DZH Ltd

BRIEF-Hundsun Technologies' H1 net profit up 39.4 pct y/y

* Says H1 net profit up 39.4 percent y/y at 228.6 million yuan ($34.67 million)

BRIEF-Shanghai DZH to sell stake in investment unit to Hundsun Technologies

* Says it plans to sell 51 percent stake in Hong Kong's investment unit for 367.2 million yuan ($55.72 million) to Hundsun Technologies

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