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Shanghai Electric Group Co Ltd (2727.HK)

2727.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Shanghai Electric Group appoints Zheng Jianhua as chairman and CEO
Friday, 1 Sep 2017 

Sept 1 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>:Zheng Jianhua, an executive director, has been appointed as chairman of board, chief executive officer.Huang Dinan has ceased to be chairman of board, chief executive officer, an executive director.  Full Article

Shanghai Electric's board elects new chairman and CEO
Friday, 1 Sep 2017 

Sept 1 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>2727.HK:Says board elects Zheng Jianhua as chairman and CEO, replacing Huang Dinan who resigned due to change in job role.  Full Article

Shanghai Electric Group says HY revenue RMB 36.12 billion
Wednesday, 30 Aug 2017 

Aug 30 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>::HY revenue RMB 36,115 million, down 2.0%.board did not recommend payment of an interim dividend.Hy profit attributable to owners of co RMB 1,364 million, up 9.6 percent.  Full Article

Shanghai Electric Group gets regulator's approval to buy assets from group via share issue
Monday, 31 Jul 2017 

July 31 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>2727.HK:Says it gets securities regulator's approval to buy assets from group via issuing 877.9 million shares.  Full Article

Shanghai Electric receives notice from CSRC upon reviewing and vetting transactions
Friday, 30 Jun 2017 

June 30 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>:Announcement in relation to approval of transactions by CSRC vetting committee and resumption of trading in A shares.Co received a notice from CSRC that review and vetting of transactions have been conducted.Upon reviewing, transactions were unconditionally approved by listed companies merger and reorganisation vetting committee of CSRC.Company has not received official approval documents from CSRC currently.Made application to Shanghai stock exchange for resumption of trading in A shares of company with effect from 3 July 2017.  Full Article

Shanghai Electric to subscribe to China Orient Asset Management's new share issue
Friday, 30 Jun 2017 

June 30 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>2727.HK:Says it plans to invest 1.0 billion yuan ($147.53 million) to set up venture capital firm.Says it plans to invest up to 3.0 billion yuan to buy China Orient Asset Management's new share issue.  Full Article

Shanghai Electric says Co did not sign any JV agreement with Tesla
Thursday, 22 Jun 2017 

June 23 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>:As of date of this announcement, Co did not get in touch with Tesla and did not sign any joint venture agreement with Tesla.Noticed that certain news agents reported that tesla, inc. signed a joint venture agreement with company.  Full Article

Shanghai Electric Group announces suspension of trading in A shares
Thursday, 22 Jun 2017 

June 22 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>:On 21 June 2017, company received a notice from China Securities Regulatory Commission.Notice from CSRC said that vetting of transactions will soon be carried out in working meeting of listed companies merger.Trading in A shares of company will be suspended from 22 June 2017.Refers to transaction in relation to proposed assets acquisition by issuance of shares and issuance and placing of A shares.  Full Article

Shanghai Electric Group says Board approved co to invest in a solar power project in Dubai
Monday, 5 Jun 2017 

June 5 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>:Approved resolution in relation to co's participation and equity investment in a solar power (tower) independent power project in Dubai.Resolution authorized company or its subsidiaries to invest no more than usd40 million for project.  Full Article

Shanghai Electric in JV deal with Guoxuan High-tech
Friday, 12 May 2017 

May 12 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>2727.HK:Says it plans to set up new energy technology JV with registered capital of 300 million yuan ($43.48 million) with Guoxuan High-tech Co Ltd <<<002074.SZ>>>.  Full Article

Dubai awards $3.9 bln solar energy contract to Shanghai Electric, ACWA Power

DUBAI, Sept 16 Dubai's state energy utility awarded a $3.9 billion contract to build and run a 700 megawatt solar power plant to a consortium comprising Shanghai Electric and Saudi Arabia's ACWA Power , the government said on Saturday.