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Ningbo United Group Co Ltd (600051.SS)

600051.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Ningbo United Group Aims To Buy Property Developer For 2.3 Billion Yuan Via Share Issue
Tuesday, 3 Apr 2018 

April 3 (Reuters) - Ningbo United Group Co Ltd <600051.SS>::SAYS IT AIMS TO BUY PROPERTY DEVELOPER FOR 2.3 BILLION YUAN ($366.05 million) VIA SHARE ISSUE.  Full Article

Ningbo United Group sees 2017 net profit up about 223.9 pct
Thursday, 1 Feb 2018 

Feb 1(Reuters) - Ningbo United Group Co Ltd <600051.SS>:Sees 2017 net profit to increase by about 223.9 percent, or to be 481.3 million yuan .Says 2016 net profit was 148.6 million yuan .  Full Article

Ningbo United Group receives administrative order regarding information disclosure issue
Thursday, 9 Nov 2017 

Nov 9(Reuters) - Ningbo United Group Co Ltd <600051.SS>:Says it received administrative order from Ningbo Regulatory Bureau of China Securities Regulatory Commission on Nov. 8, regarding information disclosure issue .  Full Article

Ningbo United Group to sell property firm for 441.0 mln yuan
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Ningbo United Group Co Ltd <600051.SS>:Says it agrees to sell property firm for 441.0 million yuan ($66.39 million).  Full Article

Ningbo United Group unit sells 49 pct stake in real estate unit at 98 mln yuan
Friday, 15 Sep 2017 

Sept 15 (Reuters) - Ningbo United Group Co Ltd <600051.SS> ::* Says co's unit sold 49 percent stake in its wholly owned real estate unit at 98 million yuan, to a Hangzhou-based real estate development firm .  Full Article

Ningbo United Group unit to list 49 pct stake in Wenzhou-based real estate unit
Tuesday, 15 Aug 2017 

Aug 15 (Reuters) - Ningbo United Group Co Ltd <600051.SS>:* Says its unit will list 49 percent stake in wholly owned Wenzhou-based real estate unit, with disclosed price .  Full Article

Ningbo United Group adopts new accounting policies
Tuesday, 15 Aug 2017 

Aug 15 (Reuters) - Ningbo United Group Co Ltd <600051.SS>:* Says it adopted new accounting policy disclosed by the Ministry of Finance on May 10, regarding subsidy .* Effective June 12.* Says it adopted new accounting policy disclosed by the Ministry of Finance on April 28, regarding disposition and termination of operation of non-current assets for sale .* Effective May 28.  Full Article

Ningbo United Group to sell property unit, set up unit and boost subsidiary's capital
Friday, 4 Aug 2017 

Aug 4 (Reuters) - Ningbo United Group Co Ltd <600051.SS>:Says it plans to sell property unit for at least 197.5 million yuan ($29.40 million).Says it plans to invest 200 million yuan to set up property unit in Wenzhou.Says unit plans to boost property subsidiary's capital by 190 million yuan.  Full Article

Ningbo United Group to pay FY 2016 annual div on June 5
Thursday, 25 May 2017 

May 25 (Reuters) - Ningbo United Group Co Ltd <600051.SS> ::* Says it plans to pay FY 2016 annual div on June 5.  Full Article

Ningbo United Group to pay cash 0.8 yuan per 10 shares as FY 2016 div payment
Monday, 24 Apr 2017 

April 24(Reuters) - Ningbo United Group Co Ltd <600051.SS> : :* Says it plans to pay cash 0.8 yuan per 10 shares as FY 2016 div payment.  Full Article

BRIEF-Ningbo United Group Aims To Buy Property Developer For 2.3 Billion Yuan Via Share Issue

* SAYS IT AIMS TO BUY PROPERTY DEVELOPER FOR 2.3 BILLION YUAN ($366.05 million) VIA SHARE ISSUE Source text in Chinese: https://bit.ly/2GK8wRl Further company coverage: ($1 = 6.2833 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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