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AviChina Industry & Technology Co Ltd (2357.HK)

2357.HK on Hong Kong Stock

4.20HKD
23 Feb 2018
Change (% chg)

HK$0.14 (+3.45%)
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Latest Key Developments (Source: Significant Developments)

AviChina Industry & Technology Says Unit To Take Stake In AVIC Renewable Energy
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - AviChina Industry & Technology Co Ltd <2357.HK>::ANNOUNCES ACQUISITION OF 69.30% OF EQUITY INTEREST OF AVIC RENEWABLE ENERGY BY AVIC PLANNING.‍DEAL FOR CONSIDERATION OF RMB413.6 MILLION​.AVIC HEAVY MACHINERY TO SELL TO AVIC PLANNING 69.30% OF EQUITY INTEREST IN AVIC RENEWABLE ENERGY.  Full Article

AviChina Industry & Technology Subscribed For RMB500 Mln AVIC Avionics Convertible Corporate Bonds
Tuesday, 26 Dec 2017 

Dec 26 (Reuters) - Avichina Industry & Technology Co Ltd <2357.HK>::AVIC AVIONICS EXERCISED ISSUANCE OF CONVERTIBLE CORPORATE BONDS WITH TOTAL AMOUNT OF PROCEEDS BEING RMB2.4 BILLION.CO, AVIC & AVIC AVIONICS SYSTEMS SUBSCRIBED FOR RMB500 MILLION, RMB188.5 MILLION & RMB431.7 MILLION OF CONVERTIBLE CORPORATE BONDS​.  Full Article

Avichina Industry & Technology Says Co Entered Capital Increase Agreement
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Avichina Industry & Technology Co Ltd <2357.HK>::AVICHINA INDUSTRY & TECHNOLOGY-ENTERED CAPITAL INCREASE AGREEMENT WITH AVIC,GUIZHOU AVIATION, AVIC HEAVY MACHINERY, NJI CASTING & SHAREHOLDING COS.AVICHINA INDUSTRY & TECHNOLOGY CO - ‍CO TO CONTRIBUTE RMB50 MILLION FOR PARTICIPATION IN CAPITAL INCREASE OF ANJI CASTING​.  Full Article

AVICOPTER adopts new accounting policies
Friday, 27 Oct 2017 

Oct 27 (Reuters) - AVICOPTER PLC <600038.SS> ::Says it adopts new accounting policies regarding non-current assets, disposal group and discontinued operations as well as government subsidy.  Full Article

AviChina Industry says formation of a joint venture<2357.HK>
Tuesday, 6 Sep 2016 

AviChina Industry & Technology Co Ltd <2357.HK>: Connected transaction:formation of a joint venture <2357.HK> . Entered into capital contribution agreement . Group will hold 35.83% of the equity interest in AviChina intelligent surveying & mapping in total . Says the company and unit proposed to contribute RMB70 million and RMB9 million in cash in the establishment .  Full Article

AviChina Industry says for HY group achieved revenue of RMB15.39 bln, up 1.65%<2357.HK>
Thursday, 25 Aug 2016 

AviChina Industry & Technology Co Ltd <2357.HK>: For the six months ended 30 June 2016, the profit attributable to equity holders of the company amounted to RMB504 million, an increase 6.78% . For HY the group achieved a revenue of RMB15.39 billion, up 1.65% . In H2 "the company will expand the investment into major aviation manufacturing business" . Does not recommend the payment of any interim dividend for the six months ended 30 June 2016 .  Full Article

AviChina Industry & Technology says Hafei Aviation enters into JV contract with Caiga<2357.HK>
Monday, 13 Jun 2016 

AviChina Industry & Technology Co Ltd <2357.HK>: Connected transaction- formation of a joint venture company <2357.HK> . On 13 June, Hafei Aviation entered into the joint venture contract with caiga . Hafei aviation, caiga and dazheng investment will hold 40%, 40% and 20% of the equity interest in Harbin general aircraft . Avichina industry & technology co -pursuant to agreement hafei aviation proposed to contribute RMB200 mlnin kind in establishment of Harbin general aircraft . For first 3 yrs after establishment of jv , the chairman of board of directors will be director nominated by hafei aviation .  Full Article