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Zhongsheng Group Holdings Ltd (0881.HK)

0881.HK on Hong Kong Stock

19.86HKD
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HK$18.62
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HK$28.65
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Latest Key Developments (Source: Significant Developments)

Qingdao Hengshun Zhongsheng Group signs strategic cooperation framework agreement
Thursday, 28 Dec 2017 

Dec 28(Reuters) - Qingdao Hengshun Zhongsheng Group Co Ltd <300208.SZ>:Says it signed a strategic cooperation framework agreement with a Beijing-based technology firm and a Qingdao-based urban construction firm, mainly regarding cooperation on technical innovation industry of Qingdao City.  Full Article

Qingdao Hengshun Zhongsheng Group to issue offshore bonds worth up to $200 mln
Tuesday, 14 Nov 2017 

Nov 14(Reuters) - Qingdao Hengshun Zhongsheng Group Co Ltd <300208.SZ>:Says it plans to issue offshore bonds worth up to $200 million (including $200 million) for overseas investment .  Full Article

Zhongsheng Group to issue convertible bonds of HK$2,350 mln
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - Zhongsheng Group Holdings Ltd <0881.HK>:Entered into bond subscription agreement to issue convertible bonds of HK$2,350 mln due 2018​‍.Net proceeds from issue of convertible bonds about hk$2,300 million​.  Full Article

Zhongsheng Group Holdings says HY revenue was up 20.7 pct
Monday, 21 Aug 2017 

Aug 21 (Reuters) - Zhongsheng Group Holdings Ltd <0881.HK>::Revenue for six-month period ended 30 June 2017 increased by 20.7pct to RMB38,322.2 million.Profit attributable to owners of parent for six-month period ended 30 June 2017 increased by 121.2 pct to RMB1,356.2 million.New car sales volume for six-month period ended 30 June 2017 increased by 10.6pct to 147,240 units.Directors of company proposed not to declare any interim dividend for six months ended 30 June 2017.  Full Article

Qingdao Hengshun Zhongsheng Group sees Q1~Q3 FY 2017 net profit to up 50 pct to 60 pct
Monday, 7 Aug 2017 

Aug 7 (Reuters) - Qingdao Hengshun Zhongsheng Group Co Ltd <300208.SZ> ::* Sees Q1~Q3 FY 2017 net profit to increase by 50 percent to 60 percent, or to be 314.6 million yuan to 335.6 million yuan.* Says Q1~Q3 FY 2016 net profit was 209.7 million yuan.* Says development in new energy area and enlargement of sales area and scale as main reasons for the forecast.  Full Article

Qingdao Hengshun Zhongsheng Group sees H1 FY 2017 net profit to up 50 pct to 70 pct
Wednesday, 26 Apr 2017 

April 26 (Reuters) - Qingdao Hengshun Zhongsheng Group Co Ltd <300208.SZ> ::* Sees H1 FY 2017 net profit to increase by 50 percent to 70 percent, or to be 229.3 million yuan to 259.8 million yuan.* Says H1 FY 2016 net profit was 152.8 million yuan.* Says increased production value as main reason for the forecast.  Full Article

Zhongsheng Group Holdings entered into subscription agreement
Monday, 17 Apr 2017 

April 17 (Reuters) - Zhongsheng Group Holdings Ltd <0881.HK>::Company entered into a subscription agreement with investor, according to which company agrees to issue 120.6 million shares.Shall use net proceeds from issue of subscription shares for developing dealership network.Deal for aggregate subscription price of hk$1.34 billion.  Full Article

Zhongsheng Group reports FY net profit of RMB1.86 billion
Monday, 20 Mar 2017 

Zhongsheng Group Holdings Ltd <0881.HK> : FY revenue for year of 2016 increased by 21.1% to RMB71,599.2 million as compared to year of 2015 . Proposed final dividend for year of 2016 is HK$0.30 .FY profit attributable to owners of parent for year of 2016 was RMB1.86 billion, representing an increase of 303.5%.  Full Article

Qingdao Hengshun Zhongsheng Group sees FY2016 net profit to decrease by 15 pct to 25 pct
Friday, 27 Jan 2017 

Qingdao Hengshun Zhongsheng Group Co Ltd <300208.SZ> : Sees net profit for FY2016 to decrease by 15 percent to 25 percent, or to be 254 million yuan to 287.9 million yuan, compared to net profit of FY2015 (338.7 million yuan) .Says lower gross margin rate of products and decreased non-recurring profit as main reasons for the forecast.  Full Article