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Qinghai Jinrui Mineral Development Co Ltd (600714.SS)

600714.SS on Shanghai Stock Exchange

9.37CNY
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Qinghai Jinrui Mineral Development unit to use 80 mln yuan to set up unit
Tuesday, 14 Feb 2017 

Qinghai Jinrui Mineral Development Co Ltd <600714.SS>: Says its wholly owned subsidiary will use 80 million yuan to set up a wholly owned sub-subsidiary in Chongqing .Says the new company will be engaged in production and sale of metal strontium and strontium aluminum alloy products.  Full Article

Qinghai Jinrui Mineral Development appoints Ren Xiaokun as general manager
Monday, 4 Jul 2016 

Qinghai Jinrui Mineral Development <600714.SS> Co., Ltd:Says it appointed Ren Xiaokun as general manager of the co, to replace Qi Ruiqing.  Full Article

Qinghai Jinrui Mineral Dev scraps asset restructuring
Tuesday, 17 May 2016 

Qinghai Jinrui Mineral Development Co Ltd <600714.SS> :Says it scraps asset restructuring plan.  Full Article

Qinghai Jinrui Mineral Development to buy More Fun for 720 mln yuan
Wednesday, 3 Feb 2016 

Qinghai Jinrui Mineral Development Co Ltd:Says to issue 45.45 million A shares at 11.09 yuan per share for proceeds of 504 million yuan and pay cash of 216 million yuan to acquire More Fun, a technology company.Says to raise up to 230 million yuan via private placement to two investment companies.Says the funds raised to be used for More Fun acquisition.Says top shareholder Qinghai Investment Group's stake will fall to 34.6 percent and Liao Jizhi's stake in the company will rise to 5.6 percent from 0 percent.  Full Article

Qinghai Jinrui Mineral Development to divest unit
Wednesday, 3 Feb 2016 

Qinghai Jinrui Mineral Development Co Ltd:Says to divest 100 percent stake in its unit, a Qinghai-based coal firm, to Qinghai Investment Group.Says transaction price of 445 million yuan.  Full Article

Qinghai Jinrui Mineral Development gives 2015 net profit outlook
Saturday, 23 Jan 2016 

Qinghai Jinrui Mineral Development Co Ltd:Sees net profit for 2015 to be -32 mln yuan to -40 mln yuan.The net profit of 2014 was 7,429,600 yuan.Comments that decreased sales income and increased costs are the main reasons for the forecast.  Full Article

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