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Jointown Pharmaceutical Group Co Ltd (600998.SS)

600998.SS on Shanghai Stock Exchange

16.89CNY
14 Feb 2018
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Tue, Jan 30 2018

BRIEF-Jointown Pharmaceutical's Unit Wins Land Auction For 845.1 Mln Yuan In Hubei Province

* SAYS UNIT WINS LAND AUCTION FOR 845.1 MILLION YUAN ($133.36 million) IN HUBEI PROVINCE Source text in Chinese: http://bit.ly/2rPV343 Further company coverage: ($1 = 6.3371 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

BRIEF-Jointown Pharmaceutical Group Expects 2017 Net Profit To Rise 60-70 Pct Y/Y

* SAYS IT EXPECTS 2017 NET PROFIT TO RISE 60-70 PERCENT Y/Y FROM 876.7 MILLION YUAN ($138.58 million) YEAR AGO Source text in Chinese: http://bit.ly/2Fp4oBH Further company coverage: ($1 = 6.3265 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

BRIEF-Jointown Pharmaceutical Invested 360 Million Yuan In Chongqing Taiji Industry

* SAYS IT HAS INVESTED 360 MILLION YUAN ($56.23 million) IN CHONGQING TAIJI INDUSTRY GROUP FOR 23.44 MILLION SHARES Source text in Chinese: http://bit.ly/2DwJTpz Further company coverage: ($1 = 6.4027 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

BRIEF-Jointown Pharmaceutical Group issues 2018 second tranche super short-term financing notes worth 1.5 bln yuan

* Says it issues 2018 second tranche super short-term financing notes worth 1.5 billion yuan to replenish working capital and repay loans, with term of 149 days and interest rate of 5.4 percent

BRIEF-Jointown Pharmaceutical To Boost Unit's Registered Capital To 1 Billion Yuan

* SAYS IT GETS SECURITIES REGULATOR'S APPROVAL TO ISSUE UP TO 1.2 BILLION YUAN ($185.74 million) WORTH OF BONDS

BRIEF-Jointown Pharmaceutical To Issue Up To 5.0 Billion Yuan Commercial Paper

* SAYS IT PLANS TO ISSUE UP TO 5.0 BILLION YUAN ($768.07 million) COMMERCIAL PAPER Source text in Chinese: http://bit.ly/2EaPfUJ Further company coverage: ($1 = 6.5098 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

BRIEF-Jointown Pharmaceutical Group plans medical JV with partner

* Says it enters into strategic cooperation agreement with Shandong Buchang Pharmaceuticals Co Ltd

BRIEF-Jointown Pharmaceutical board elects chairman, appoints general manager

* Says board elects Liu Baolin as chairman, appoints Gong Yihua as general manager

BRIEF-Jointown Pharmaceutical Group issues 2017 fifth tranche super short-term financing notes worth 800 mln yuan

* Says it issued 2017 fifth tranche super short-term financing notes worth 800 million yuan, with term of 31 days

BRIEF-Jointown Pharmaceutical to invest 300 mln yuan to set up commercial factoring firm

* Says it plans to invest 300 million yuan ($45.94 million) to set up commercial factoring firm

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