Shanghai Aerospace Automobile Electromechanical Co Ltd (600151.SS)
19 Oct 2018
Latest Key Developments (Source: Significant Developments)
Jan 19(Reuters) - Shanghai Aerospace Automobile Electromechanical Co Ltd <600151.SS>:Says it plans to close down a Shanghai-based branch, which is mainly engaged in production of automobile air conditioning blower motor and cooling fan .Says it will sell the branch's fixed assets. Full Article
Oct 20 (Reuters) - Shanghai Aerospace Automobile Electromechanical Co Ltd <600151.SS>:Says it plans to sell 75 percent stake in power firm for at least 265.5 million yuan ($40.11 million).Says JV TRP PVE B.V. plans to sell MILIS ENERGY SOCIETA AGRICOLA S.R.L. for at least 47 million euros ($55.50 million) to ENEL F2I SOLARE ITALIA S.P.A..Says it plans to boost Hong Kong unit's capital by $151.7 million to support the purchase of stake in South Korea's Erae Automotive System.Says it plans to sell six solar power firms. Full Article
Shanghai Aerospace Automobile Electromechanical to sell power firms with value totalling 344.2 mln yuan
Oct 10 (Reuters) - Shanghai Aerospace Automobile Electromechanical Co Ltd <600151.SS>:Says it plans to boost photovoltaic project firms' capital by a combined 157 million yuan ($23.85 million).Says it plans to sell seven power firms valued a total of 344.2 million yuan. Full Article
SHANGHAI, Aug 21 China stocks extended their gains on Tuesday, led by technology, consumer and financial stocks, as risk appetite improved on signs the government will relax monetary and fiscal policies to counter the impact of Sino-U.S. trade friction.