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Qingdao Tianhua Institute of Chemistry Engineering Co Ltd (600579.SS)

600579.SS on Shanghai Stock Exchange

10.92CNY
7:05am BST
Change (% chg)

¥-0.15 (-1.36%)
Prev Close
¥11.07
Open
¥11.07
Day's High
¥11.20
Day's Low
¥10.92
Volume
2,812,600
Avg. Vol
7,712,533
52-wk High
¥16.12
52-wk Low
¥7.13

Latest Key Developments (Source: Significant Developments)

Qingdao Tianhua Institute Chemistry Engineering to swing to loss in FY 2017
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - Qingdao Tianhua Institute Chemistry Engineering Co Ltd <600579.SS> ::Sees to swing to net loss at 40 million yuan to 48 million yuan in FY 2017 versus net profit at 6.3 million yuan year ago.Says decreased sale price and increased raw material price as main reasons for the forecast.  Full Article

Qingdao Tianhua Institute plans to buy various assets via share issue
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Qingdao Tianhua Institute of Chemistry Engineering Co Ltd <600579.SS>::SAYS IT PLANS TO BUY CHINA NATIONAL CHEMICAL EQUIPMENT (LUXEMBOURG), OPERATIONAL ASSETS AND DEBTS FROM TWO MACHINERY FIRMS, LAND AND PROPERTY ASSETS FROM TWO AUTOMATION FIRMS FOR A COMBINED 6.6 BILLION YUAN ($997.66 million).SAYS IT AIMS TO RAISE UP TO 1.2 BILLION YUAN IN PRIVATE PLACEMENT OF SHARES TO FUND PROJECTS.  Full Article

Qingdao Tianhua Institute of Chemistry signs framework agreement to buy assets
Wednesday, 13 Sep 2017 

Sept 13 (Reuters) - Qingdao Tianhua Institute Of Chemistry Engineering Co Ltd <600579.SS>:Says it signs framework agreement to buy China National Chemical Equipment (Luxembourg) S.à.r.l from CNCE Global Holdings (Hong Kong) via share issue.Says it signs framework agreement to buy operational assets from four machinery firms via share issue.  Full Article

Qingdao Tianhua Institute Chemistry Engineering to pay no div for FY 2016
Friday, 28 Apr 2017 

April 28 (Reuters) - Qingdao Tianhua Institute Chemistry Engineering Co Ltd <600579.SS> ::* Says it plans to pay no div for FY 2016.  Full Article

Qingdao Tianhua Institute Chemistry Engineering sees FY2016 net profit to decrease by 70 pct to 80 pct
Tuesday, 24 Jan 2017 

Qingdao Tianhua Institute Chemistry Engineering Co Ltd <600579.SS> : Sees net profit for FY2016 to decrease by 70 percent to 80 percent, compared to net profit of FY2015 (36.3 million yuan) .Says sluggish in special chemical equipment market and delay in project as main reasons for the forecast.  Full Article

China stocks rise as Sino-U.S. trade talks set to resume

SHANGHAI, May 8 China stocks posted robust gains on Tuesday, amid hopes that resumption of Sino-U.S. talks could help avert a trade war, while the impending MSCI inclusion of China shares rekindled interest in blue-chips.