Edition:
United Kingdom

Xiamen King Long Motor Group Co Ltd (600686.SS)

600686.SS on Shanghai Stock Exchange

15.20CNY
18 May 2018
Change (% chg)

¥0.28 (+1.88%)
Prev Close
¥14.92
Open
¥14.91
Day's High
¥15.37
Day's Low
¥14.68
Volume
8,113,201
Avg. Vol
6,413,403
52-wk High
¥18.47
52-wk Low
¥9.92

Latest Key Developments (Source: Significant Developments)

Xiamen King Long Motor Returns To Profit In Q1, 2017
Saturday, 28 Apr 2018 

April 28 (Reuters) - Xiamen King Long Motor Group Co Ltd <600686.SS>::SAYS IT RETURNS TO NET PROFIT OF 478.9 MILLION YUAN ($75.63 million) IN 2017 VERSUS NET LOSS OF 718.6 MILLION YUAN YEAR AGO.SAYS IT RETURNS TO NET PROFIT OF 0.38 MILLION YUAN IN Q1 VERSUS NET LOSS OF 53.22 MILLION YUAN YEAR AGO.  Full Article

Xiamen King Long Motor's President Resigns, Plans Debt-Financing Instruments
Friday, 30 Mar 2018 

March 30 (Reuters) - Xiamen King Long Motor Group Co Ltd <600686.SS>::SAYS IT PLANS TO ISSUE UP TO 4.5 BILLION YUAN ($716.69 million) DEBT-FINANCING INSTRUMENTS.SAYS PRESIDENT XIE SIYU RESIGNS DUE TO CHANGE IN JOB ROLE.SAYS IT PLANS TO ISSUE ASSET-BACKED SECURITIES WORTH UP TO 1.5 BILLION YUAN.  Full Article

Xiamen King Long Motor Group units obtain high-tech enterprise recognition again and to enjoy tax preference
Friday, 5 Jan 2018 

Jan 5 (Reuters) - Xiamen King Long Motor Group Co Ltd <600686.SS>:Says Xiamen-based automobile industry unit and estate car unit were recognized as high-tech enterprises and could enjoy a tax preference of 15 percent, from 2017 to 2019 .  Full Article

Xiamen King Long Motor Group signs strategic cooperation agreement with State Grid Corporation of China
Wednesday, 6 Dec 2017 

Dec 6(Reuters) - Xiamen King Long Motor Group Co Ltd <600686.SS> ::Says it signed a strategic cooperation agreement with State Grid Corporation of China, to improve the competitiveness of products and expand the market.  Full Article

Xiamen King Long Motor's coach sales down 7.8 pct y/y in Nov
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Xiamen King Long Motor Group <600686.SS>::SAYS IT SOLD 5,572 COACHES IN NOV, DOWN 7.8 PERCENT Y/Y.  Full Article

Xiamen King Long Motor Group issues 500 mln yuan worth of commercial paper
Monday, 8 Aug 2016 

Xiamen King Long Motor Group Co., Ltd. <600686.SS>: Says it issues third tranche of 2016 super short-term financing bills worth 500 million yuan . Says the bills with a term of 120 days and an interest rate of 2.76 percent .Says the maturity date of Dec. 1.  Full Article

Xiamen King Long Motor Group issues 500 mln yuan worth of commercial paper
Monday, 8 Aug 2016 

Xiamen King Long Motor Group Co., Ltd. <600686.SS>: Says it issues second tranche of 2016 super short-term financing bills worth 500 million yuan . Says the bills with a term of 270 days and an interest rate of 2.8 percent .Says the maturity date of April 30, 2017.  Full Article

Xiamen King Long Motor's June sales down 13.9 pct y/y
Wednesday, 6 Jul 2016 

Xiamen King Long Motor Group Co Ltd <600686.SS> :Says it sold 7,572 buses in June, down 13.9 percent y/y.  Full Article

Xiamen King Long Motor's sales down 22.3 pct in May
Monday, 6 Jun 2016 

Xiamen King Long Motor Group Co Ltd <600686.SS> :Says it sold 5,395 vehicles in May, down 22.3 percent y/y.  Full Article

REFILE-BRIEF-Lock-Up Period Of 164.1 Mln Shares In Xiamen King Long Motor To End

* SAYS LOCK-UP PERIOD OF 164.1 MILLION SHARES TO END, TRADING TO START ON MAY 11 Source text in Chinese: https://bit.ly/2IkfNYE Further company coverage: (Reporting by Hong Kong newsroom)