Edition:
United Kingdom

Shanghai Shyndec Pharmaceutical Co Ltd (600420.SS)

600420.SS on Shanghai Stock Exchange

12.04CNY
15 Dec 2017
Change (% chg)

¥-0.22 (-1.79%)
Prev Close
¥12.26
Open
¥12.26
Day's High
¥12.28
Day's Low
¥11.99
Volume
3,552,457
Avg. Vol
5,700,039
52-wk High
¥18.50
52-wk Low
¥11.94

Latest Key Developments (Source: Significant Developments)

Shanghai Shyndec Pharmaceutical's 9-month net profit up 16.1 pct y/y
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Shanghai Shyndec Pharmaceutical Co Ltd <600420.SS>:Says 9-month net profit up 16.1 percent y/y at 446.0 million yuan ($67.22 million).  Full Article

Shanghai Shyndec Pharmaceutical's H1 net profit up, plans product upgrade project
Thursday, 17 Aug 2017 

Aug 17 (Reuters) - Shanghai Shyndec Pharmaceutical Co Ltd <600420.SS>:Says its H1 net profit up 23.3 percent y/y at 357.3 million yuan ($53.56 million).Says it plans to invest in product upgrade project with total investment of about 1.45 billion yuan.  Full Article

Shanghai Shyndec Pharmaceutical unit gets approval for clinical trial
Friday, 19 Aug 2016 

Shanghai Shyndec Pharmaceutical Co Ltd <600420.SS>:Says its unit received approval from China Food and Drug Administration for clinical trial for capsule of an immune inhibitor.  Full Article

Shanghai Shyndec Pharma cuts share issue size in acquisition proposal
Monday, 27 Jun 2016 

Shanghai Shyndec Pharmaceutical Co Ltd <600420.SS> :Says it cuts share issue size in asset acquisition proposal to 100 million yuan ($15.04 million) from 1.9 billion yuan previously.  Full Article

Shanghai Shyndec Pharmaceutical to pay 2015 dividend on June 24
Monday, 20 Jun 2016 

Shanghai Shyndec Pharmaceutical Co Ltd <600420.SS>: Says it will use undistributed profits to pay a cash dividend of 0.5 yuan (pre-tax) per 10 shares to shareholders of record on June 23 for 2015 .Says the company's shares will be traded ex-dividend on June 24 and the dividend will be paid on June 24.  Full Article

Shanghai Shyndec Pharmaceutical to provide 290 mln yuan loan guarantee for unit
Friday, 8 Apr 2016 

Shanghai Shyndec Pharmaceutical Co Ltd:Says it to provide loan guarantee of 290 million yuan for its unit, a medicine sales company.Says loan guarantee with a term of 12 months.  Full Article

Shanghai Shyndec Pharmaceutical to provide 100 mln yuan loan guarantee for unit
Friday, 8 Apr 2016 

Shanghai Shyndec Pharmaceutical Co Ltd:Says it to provide loan guarantee of 100 million yuan for its unit, a marketing company.Says loan guarantee with a term of 12 months.  Full Article

Shanghai Shyndec Pharmaceutical says 2015 dividend payment as 0.05 yuan per share
Friday, 8 Apr 2016 

Shanghai Shyndec Pharmaceutical Co Ltd:To pay cash dividend of 0.5 yuan per 10 shares (before tax) to the company's shareholders for 2015.  Full Article

Shanghai Shyndec Pharmaceutical subsidiary receives drug approval number
Thursday, 17 Mar 2016 

Shanghai Shyndec Pharmaceutical Co Ltd:Shanghai-based subsidiary receives drug approval number from China Food and Drug Administration, for follicle stimulating hormone for injection.  Full Article

Shanghai Shyndec Pharmaceutical to issue shares for stake acquisition and fund raising
Thursday, 10 Mar 2016 

Shanghai Shyndec Pharmaceutical Co Ltd:To issue 263,786,000 shares at 29.11 yuan per share and to pay 65,217,700 yuan, to Sinopharm Group, investment company, China National Accord Medicines, China National Pharmaceutical Industry and 13 individuals in exchange for below listed assets.Assets of Pengshan Base.51 pct stake in Sinopharm Sanyi.51 pct stake in Sinopharm A-Think Pharmaceutical Co., Ltd.51 pct stake in Sinopharm Zhijun (Shenzhen) Pharmaceutical.51 pct stake in Shenzhen-based another pharmaceutical company.51 pct stake in Shenzhen-based medicine business company.52.92 pct stake in Qingdao-based Pharmacy Group.55 pct stake in Sinopharm Xinjiang Pharmaceutical Co., Ltd.100 pct China National Pharmaceutical Industry Corporation Ltd.100 pct Sinopharm Shantou Jinshi Pharmaceutical Co., Ltd.100 pct Sinopharm Weiqida Pharmaceutical Co Ltd.33 pct stake in Datong-based pharmacy company.Transaction price valued at 7,744,029,400 yuan.To issue 65,269,700 shares at 29.11 yuan per share through private placement, to raise up to 1.9 bln yuan.  Full Article

BRIEF-Shanghai Shyndec Pharmaceutical plans to issue up to 2.04 bln yuan convertible bonds

* SAYS IT PLANS TO ISSUE UP TO 2.04 BILLION YUAN ($308.31 million) CONVERTIBLE BONDS Source text in Chinese: http://bit.ly/2BbGT0q Further company coverage: ($1 = 6.6168 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)