Edition:
United Kingdom

China Grand Automotive Services Co Ltd (600297.SS)

600297.SS on Shanghai Stock Exchange

4.61CNY
19 Oct 2018
Change (% chg)

¥-0.06 (-1.28%)
Prev Close
¥4.67
Open
¥4.53
Day's High
¥4.64
Day's Low
¥4.40
Volume
19,512,576
Avg. Vol
15,952,051
52-wk High
¥9.60
52-wk Low
¥4.40

Latest Key Developments (Source: Significant Developments)

China Grand Automotive's Unit Warned By Regulator, Controlling Shareholder In Cooperation With Evergrande
Monday, 24 Sep 2018 

Sept 24 (Reuters) - China Grand Automotive Services Co Ltd <600297.SS>::SAYS UNIT WARNED BY SECURITIES REGULATOR RELATED TO ITS BONDS ISSUANCE.SAYS CONTROLLING SHAREHOLDER SIGNS STRATEGIC AGREEMENT WITH EVERGRANDE GROUP ON COOPERATION IN THE FIELDS OF VEHICLE SALES, ENERGY, REAL ESTATE AND LOGISTICS.  Full Article

China Grand Automotive Services Says H1 Net Profit Up 5.22 Percent Y/Y
Tuesday, 28 Aug 2018 

Aug 28 (Reuters) - China Grand Automotive Services Co Ltd <600297.SS>::SAYS H1 NET PROFIT UP 5.22 PERCENT Y/Y.  Full Article

China Grand Automotive Services to pay cash dividend of 0.15 yuan per share on June 1
Monday, 28 May 2018 

May 28 (Reuters) - China Grand Automotive Services Co Ltd <600297.SS>:Says it will pay a cash dividend of 0.15 yuan per share (before tax) for 2017 to shareholders of record on May 31.The company's shares will be traded ex-right and ex-dividend on June 1 and the dividend will be paid on June 1 .  Full Article

China Grand Automotive Services to fully acquire automobile sales service firms for 1.25 bln yuan
Tuesday, 15 May 2018 

May 15(Reuters) - China Grand Automotive Services Co Ltd <600297.SS>:Says it plans to fully acquire five automobile sales service firms from Pangda Automobile Trade Co Ltd <<<601258.SS>>> and a Luoyang-based firm, at the price of 1.25 billion yuan .  Full Article

China Grand Automotive Services' Q1 Net Profit Up 15.1 Percent Y/Y
Saturday, 28 Apr 2018 

April 28 (Reuters) - China Grand Automotive Services Co Ltd <600297.SS>::SAYS Q1 NET PROFIT UP 15.1 PERCENT Y/Y AT 1.1 BILLION YUAN ($173.71 million).  Full Article

China Grand Automotive Services To Issue Up To 8.0 Billion Yuan Bonds, 2017 Profit Up
Monday, 23 Apr 2018 

April 23 (Reuters) - China Grand Automotive Services Co Ltd <600297.SS>::SAYS 2017 NET PROFIT UP 38.6 PERCENT Y/Y AT 3.9 BILLION YUAN.SAYS IT PLANS TO ISSUE UP TO 8.0 BILLION YUAN BONDS.  Full Article

China Grand Automotive Services' Affiliate To Acquire Firms For Up To 619 Mln Yuan
Sunday, 25 Mar 2018 

March 25 (Reuters) - China Grand Automotive Services Co Ltd <600297.SS>::SAYS ITS AFFILIATE PLANS TO ACQUIRE FOUR COMPANIES FOR UP TO 619 MILLION YUAN ($98.08 million).  Full Article

China Grand Automotive Services issues 993.8 mln shares and raises 8 bln yuan via private placement
Monday, 18 Dec 2017 

Dec 18 (Reuters) - China Grand Automotive Services Co Ltd <600297.SS>:Says it issued 993.8 million shares and raised 8 billion yuan via private placement .Says stake held by top shareholder was diluted to 32.7 percent from 37.3 percent .  Full Article

China Grand Automotive Services' unit plans to buy stake in investment fund for 396.8 mln yuan
Monday, 30 Oct 2017 

Oct 30 (Reuters) - China Grand Automotive Services Co Ltd <600297.SS>:Says unit plans to buy 13.8 percent stake in investment fund for 396.8 million yuan ($59.73 million).  Full Article

China Grand Automotive Services' 9-month net profit up 45.1 pct y/y
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - China Grand Automotive Services Co Ltd <600297.SS>:Says 9-month net profit up 45.1 percent y/y.  Full Article

Photo

Exclusive - Reverse gear: China car dealers push for tax cut as auto growth stalls

BEIJING/SHANGHAI China's top auto dealers' association has asked the government to halve taxes on car purchases to revive faltering sales, sources said, as worries grow the country's auto market could shrink this year for the first time in decades.