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Xinjiang Bai Hua Cun Co Ltd (600721.SS)

600721.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Xinjiang Bai Hua Cun appoints CFO
Monday, 27 Nov 2017 

Nov 27(Reuters) - Xinjiang Bai Hua Cun Co Ltd <600721.SS>:Says it appoints Cai Ziyun as CFO of the company .  Full Article

Xinjiang Bai Hua Cun elects chairwoman, appoints general manager
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Xinjiang Bai Hua Cun Co Ltd <600721.SS>:Says board elects Zheng Caihong as chairwoman, appoints Zhang Xiaoqing as general manager.  Full Article

Xinjiang Baihuacun unit to use 80 mln yuan to jointly set up medicine company
Friday, 16 Sep 2016 

Xinjiang Baihuacun <600721.SS>: Says its subsidiary Huawei Medical Company will use 80 million yuan to jointly set up a company with Kanion Pharmaceutical. . Says the new company with a registered capital of 200 million yuan will be engaged in development, production and sale of chemical drug .Says the subsidiary will hold 40 percent stake in the new company.  Full Article

Xinjiang Baihuacun gets regulatory approval for asset acquisition
Monday, 1 Aug 2016 

Xinjiang Baihuacun Co Ltd <600721.SS> :Says it gets securities regulator's approval for asset acquisition.  Full Article

Xinjiang Baihuacun announces assets swap; to issue shares for stake acquisition and fund raising
Monday, 7 Mar 2016 

Xinjiang Baihuacun Co Ltd:Says it will transfer 66.08 pct stake in Xinjiang-based coking company, 51 pct stake in Xinjiang-based coal company, 100 pct stake in Xinjiang-based trading company and creditor's rights of Xinjiang-based mining company, for 255 mln yuan in total.To sell above assets in exchange for 100 pct stake in Henan-based medicine science and technology company (target company) with target company's entire shareholders.Says the discrete value of the intake asset is 1,945 mln yuan.Says the company will issue about 100,458,816 new shares at the price of 12.28 yuan per share and pay cash of 456,365,673 yuan, to the shareholders of the target company to compensate for the price difference of intake asset and divesting asset.Says it will raise 1,198.24 mln yuan through private placement of up to 97,576,544 new shares, at the price of 12.28 yuan per share.  Full Article

Xinjiang Baihuacun to set up JV
Saturday, 27 Feb 2016 

Xinjiang Baihuacun Co Ltd:To set up a joint venture in Xinjiang, with Tibet-based fortune investment company.The joint venture will be engaged in medicine, medical services, project investment management business, with a registration capital of 5 million yuan.The company will hold a 51 pct stake in the joint venture.  Full Article

Xinjiang Baihuacun issues 2015 net loss outlook
Tuesday, 26 Jan 2016 

Xinjiang Baihuacun Co Ltd:Says net loss outlook for 2015 to be 395 mln yuan.Says the net loss of 2014 was 230 mln yuan.Says that low demand and production safety accident in subsidiary are the main reasons for the forecast.  Full Article

Xinjiang Baihuacun announces shareholding changes
Tuesday, 12 Jan 2016 

Xinjiang Baihuacun Co Ltd:Says the company's four shareholders equity transfer agreement with Shanghai-based investment management company and Tibet-based wealth investment company.The shareholders to sell 4.16 pct (10,326,409 shares) in the company at 13.50 yuan per share, to Shanghai-based investment management company.The shareholders to sell 11.94 pct (29,673,591 shares) in the company at 13.50 yuan per share, to Tibet-based wealth investment company.Tibet-based wealth investment company's stake in the company will increased to 11.94 pct up from 0 pct.  Full Article

Hong Kong shares rise slightly despite Wall Street weakness

Nov 20 Hong Kong stocks rose slightly on Monday, despite pressure from a retreat on Wall Street amid tax reform uncertainty.