Heavy Electrical Equipment
Dongfang Electronics to acquire 83.26 pct stake in electric firm for 1.81 bln yuan via cash, share issue
Jan 16(Reuters) - Dongfang Electronics Co Ltd <000682.SZ>:Says it plans to acquire 83.26 percent stake in Yantai Dongfang Wisdom Electric for 1.81 billion yuan via cash, share issue.Says it will pay a cash consideration of 67.6 million yuan and issue 362.6 million shares to pay a consideration of 1.74 billion yuan in the acquisition .
Jan 15 (Reuters) - NORDEX SE
Jan 15(Reuters) - Harbin Jiuzhou Electrical Co Ltd <300040.SZ> : :Sees FY 2017 net profit to decrease by 0.39 percent to 23.38 percent, or to be 100 million yuan to 130 million yuan.Says FY 2016 net profit was 130.5 million yuan.The reason for the forecast is effect from project progress confirmation .
Jan 15(Reuters) - Qingdao Huijintong Power Equipment Co Ltd <603577.SS> ::Says it completes establishment of power engineering unit in Beijing city on Jan. 5 .