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Lushang Property Co Ltd (600223.SS)

600223.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Lushang Property unit to set up real estate unit in Weifang
Monday, 4 Dec 2017 

Dec 4(Reuters) - Lushang Property Co Ltd <600223.SS>:Says its wholly owned real estate subsidiary plans to invest 20 million yuan to set up a wholly owned real estate subsidiary in Weifang, Shandong .  Full Article

Lushang Property unit to fully acquire clothing company
Wednesday, 21 Dec 2016 

Lushang Property <600223.SS>: Says its wholly owned subsidiary will fully acquire a Shanghai-based clothing company .Says it will develop a plot of land in Shanghai held by the clothing company.  Full Article

Lushang Property plans share private placement, H1 net profit down
Wednesday, 24 Aug 2016 

Lushang Property Co Ltd <600223.SS> : Says it plans to raise up to 2.0 billion yuan ($300.68 million) in private placement of shares to fund projects . Says H1 net profit down 26.4 percent y/y at 32.8 million yuan .Says shares to resume trading on August 25.  Full Article

Lushang Property unit to take out 1 bln yuan loan with interest rate of 6.17 pct
Thursday, 14 Jul 2016 

Lushang Property Co Ltd <600223.SS>: Says its wholly owned Shangdong-basef home unit will take out a loan of 1 billion yuan, with an interest rate of 6.17 percent . Says the term of the loan is 24 months .Says proceeds will be used for construction of real estate.  Full Article

Lushang Property's Q2 contract sales up 51 pct
Friday, 8 Jul 2016 

Lushang Property Co Ltd <600223.SS> :Says Q2 contract sales up 50.97 percent y/y at 2.25 billion yuan ($336.48 million).  Full Article

Lushang Property's unit to set up JV
Saturday, 2 Apr 2016 

Lushang Property Co Ltd:Says its Jinan-based investment controlling subsidiary to invest 5.1 million yuan to set up a joint venture jointly with a Linyi-based properties firm.Says JV to be mainly engaged in endowment service agencies investment business.JV with registered capital of 10 million yuan and the unit to hold a 51 percent stake in it.  Full Article

Lushang Property announces no dividend payment for 2015
Friday, 18 Mar 2016 

Lushang Property Co Ltd:To pay no dividend to shareholders for 2015.  Full Article

Lushang Property subsidiary to set up JV
Wednesday, 2 Mar 2016 

Lushang Property Co Ltd:Shandong-based subsidiary to set up JV in Qingdao, with Qingdao-based real estate company.The JV will be engaged in real estate development and operating business, with a registration capital of 50 million yuan.The company will hold an 80 pct stake in the JV.  Full Article

Lushang Property unit to set up real estate JV
Wednesday, 20 Jan 2016 

Lushang Property Co Ltd:Says its unit will establish a joint venture in Shandong, with a construction firm.Says the JV will be engaged in real estate development business, and have a registered capital of 50 million yuan.Says the unit will hold 90 percent stake (45 million yuan) in the JV.  Full Article

BRIEF-Lushang Property unit to set up real estate unit in Weifang

* Says its wholly owned real estate subsidiary plans to invest 20 million yuan to set up a wholly owned real estate subsidiary in Weifang, Shandong