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Beijing Xinwei Technology Group Co Ltd (600485.SS)

600485.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Beijing Xinwei Technology's H1 profit rises, plans to take Israel's Spacecom private
Wednesday, 24 Aug 2016 

Beijing Xinwei Technology Group Co Ltd <600485.SS> : Says it and units plan to buy Israel's Space Communication Ltd for $285 million . Says it plans to take Space Communication private after transaction .Says H1 net profit up 311.9 percent y/y at 1.4 billion yuan ($210.45 million).  Full Article

Beijing Xinwei Technology Group unit issues corporate bonds worth 1 bln yuan
Tuesday, 9 Aug 2016 

Beijing Xinwei Technology Group Co., Ltd. <600485.SS>: Says its Beijing-based unit issues 2016 third tranche of corporate bonds worth 1 billion yuan .Says the bonds with a term of five years and coupon rate of 6.65 percent.  Full Article

Beijing Xinwei Telecom Technology Group completes name change to Beijing Xinwei Technology Group
Monday, 1 Aug 2016 

Beijing Xinwei Telecom Technology Group Co Ltd <600485.SS> :Says it completes name change to Beijing Xinwei Technology Group Co Ltd.  Full Article

Beijing Xinwei Telecom Technology Group unit signs strategic cooperation agreement
Tuesday, 19 Jul 2016 

Beijing Xinwei Telecom Technology Group <600485.SS> Co., Ltd.: Says the co's real estate sub-subsidiary signs strategic cooperation agreement with a medical institute on July 16 .Says the parties will jointly cooperate in establishment of medical center in Beijing, Tianjin and Hebei Region, as well as establishment of hospital and nursing school.  Full Article

Beijing Xinwei Telecom Technology Group to pay 2015 div on July 15
Friday, 8 Jul 2016 

Beijing Xinwei Telecom Technology Group Co., Ltd.: Says it will pay cash dividend of 0.074 yuan per 10 shares (before tax) to shareholders for 2015 as a record of July 14 .Says the company's shares will be traded ex-right and ex-dividend on July 15 and the dividend will be paid on July 15.  Full Article

Beijing Xinwei Telecom Technology Group to change co name
Tuesday, 5 Jul 2016 

Beijing Xinwei Telecom Technology Group <600485.SS> Co., Ltd.:Says it will change co name to Beijing Xinwei Technology Group Co., Ltd..  Full Article

Beijing Xinwei Telecom Technology Group establishes new unit
Monday, 23 May 2016 

Beijing Xinwei Telecom Technology Group <600485.SS> Co., Ltd.: Says it completed the establishment of a Hong Kong-based wholly owned unit, namely Xinwei (Hong Kong) Investment Management Co., Limited .Says the unit is capitalized at HK$10,000.  Full Article

Beijing Xinwei Telecom Technology to raise up to 2.2 bln yuan in private placement
Monday, 16 May 2016 

Beijing Xinwei Telecom Technology Group Co Ltd <600485.SS> : Says it aims to raise up to 2.2 billion yuan ($337.54 million) in private placement of shares to fund satellite project worth more than $300 million . Says it scraps overseas acquisition plan .Says share trade to resume on May 18.  Full Article

Beijing Xinwei Telecom Technology Group signs strategic cooperation framework agreement
Monday, 16 May 2016 

Beijing Xinwei Telecom Technology Group <600485.SS> Co., Ltd.: Says it has signed strategic cooperation framework agreement with Hubei-based development and investment group on May 13 .Says the parties will jointly cooperation in set up of aerospace & ship power industrial fund and construction of ship power science and technology park etc..  Full Article

Beijing Xinwei Telecom Technology Group announces 2015 dividend payment
Wednesday, 27 Apr 2016 

Beijing Xinwei Telecom Technology Group Co., Ltd:To pay cash dividend of 0.074 yuan per 10 shares (before tax) to shareholders for 2015.  Full Article

BRIEF-Beijing Xinwei Technology Group to take out loans of 200 mln yuan

* Says it plans to take out loans of 200 million yuan in total from Qianhai GainMore Factoring