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Shanghai Zhixin Electric Co Ltd (600517.SS)

600517.SS on Shanghai Stock Exchange

6.15CNY
16 Jan 2018
Change (% chg)

¥-0.01 (-0.16%)
Prev Close
¥6.16
Open
¥6.16
Day's High
¥6.20
Day's Low
¥6.12
Volume
5,658,106
Avg. Vol
14,782,028
52-wk High
¥10.29
52-wk Low
¥6.02

Latest Key Developments (Source: Significant Developments)

Shanghai Zhixin Electric elects chairman
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Shanghai Zhixin Electric Co Ltd <600517.SS>::SAYS BOARD ELECTS SONG YUNXIANG AS CHAIRMAN, REPLACING ZHANG JIANWEI WHO RESIGNED DUE TO CHANGE IN JOB ROLE.  Full Article

Shanghai Zhixin Electric sees Q1 to Q3 of FY 2017 net profit down about 70.4 pct
Friday, 20 Oct 2017 

Oct 20(Reuters) - Shanghai Zhixin Electric Co Ltd <600517.SS>:Sees Q1 to Q3 of FY 2017 net profit to decrease by about 70.4 percent .Says Q1 to Q3 of FY 2016 net profit was 274.2 million yuan .Says increased raw material price and adjustment of income structure are the main reasons for the forecast.  Full Article

Shanghai Zhixin Electric sets up power tech JV in Guizhou
Thursday, 17 Aug 2017 

Aug 17(Reuters) - Shanghai Zhixin Electric Co Ltd <600517.SS>:Says it set up a Guizhou-based power tech JV with partner.Previous plan was announced on July 31.  Full Article

Shanghai Zhixin Electric expects 2016 H1 net profit up 200-210 pct
Wednesday, 6 Jul 2016 

Shanghai Zhixin Electric <600517.SS> Co.,Ltd.: Sees net profit for the H1 2016 will increase by 200 percent to 210 percent .Says the net profit of the same period in 2015 was 64.6 million yuan.  Full Article

Shanghai Zhixin Electric to pay 2015 div on June 23
Friday, 17 Jun 2016 

Shanghai Zhixin Electric <600517.SS> Co.,Ltd: Says it will pay cash dividend of 1 yuan per 10 shares (before tax) to shareholders for 2015 as a record of June 22 .Says the company's shares will be traded ex-right and ex-dividend on June 23 and the dividend will be paid on June 23.  Full Article

Shanghai Zhixin Electric completes share issuance for equity acquisition
Saturday, 30 Apr 2016 

Shanghai Zhixin Electric Co Ltd:Says it has completed the acquisition of 100 pct stake in a Quanzhou-based company, which is engaged in trade and storage of iron, steel and electronic products.  Full Article

Shanghai Zhixin Electric announces 2015 dividend payment
Friday, 8 Apr 2016 

Shanghai Zhixin Electric Co Ltd:To pay cash dividend of 1 yuan per 10 shares (before tax) to shareholders for 2015.  Full Article

Shanghai Zhixin Electric subsidiary to take out loan
Wednesday, 24 Feb 2016 

Shanghai Zhixin Electric Co Ltd:Subsidiary Wuhan Nanrui Electric to take out a loan of 220 million yuan from Nanjing Nanrui Group for one year.  Full Article

Shanghai Zhixin Electric to fully acquire trade and storage company
Wednesday, 24 Feb 2016 

Shanghai Zhixin Electric Co Ltd:To fully acquire a Quanzhou-based company, which is engaged in trade and storage of iron, steel and electronic products, at 51.9424 million yuan from a Xiamen-based import and export company.  Full Article

Shanghai Zhixin Electric gives 2015 net profit outlook above I/B/E/S estimate
Friday, 29 Jan 2016 

Shanghai Zhixin Electric Co Ltd:Sees net profit for 2015 to increase 55 pct.The net profit of 2014 was 285,570,600 yuan.2015 reported net profit of 282.70 million yuan – Thomson Reuters I/B/E/S.Comments that Wuhan-based company consolidated in financial statement as the main reason for the forecast.  Full Article

China stocks firm in line with regional bourses, Wall Street

SHANGHAI, Dec 19 China stocks ended higher on Tuesday, reflecting strength in Asian markets after a record-breaking performance on Wall Street buoyed by expectations of imminent tax reforms. ** At the close, the Shanghai Composite index was up 28.76 points or 0.88 percent at 3,296.68. ** The blue-chip CSI300 index was up 1.26 percent, with its financial sector sub-index higher by 1.92 percent, the consumer staples sector up 0.66 percent, the real estate index up 1.48 percent and heal