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AVIC Heavy Machinery Co Ltd (600765.SS)

600765.SS on Shanghai Stock Exchange

12.45CNY
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

AVIC Heavy Machinery unit to sell 55 pct stake in Chengdu-based power generation unit for 40.1 mln yuan
Monday, 13 Nov 2017 

Nov 13(Reuters) - AVIC Heavy Machinery Co Ltd <600765.SS> ::Says its new energy investment unit listed 55 percent stake in Chengdu-based power generation unit, with listing price of 40.1 million yuan from 48.5 million yuan.  Full Article

Avic Heavy Machinery appoints Li Xueqin as Chairman
Thursday, 16 Mar 2017 

Avic Heavy Machinery Co Ltd <600765.SS> :Says it appointed Li Xueqin as Chairman.  Full Article

AVIC Heavy Machinery revises H1 net profit forecast
Tuesday, 2 Aug 2016 

AVIC Heavy Machinery Co Ltd <600765.SS> :Says it revises H1 net profit forecast to about 72 million yuan ($10.85 million) from 110 million yuan.  Full Article

Avic Heavy Machinery expects H1 net profit to be 110 mln yuan
Friday, 29 Jul 2016 

Avic Heavy Machinery <600765.SS> Co., Ltd: Says it expects 2016 H1 net profit to be about 110 million yuan .Says the net profit of the same period in 2015 was 14.2 million yuan.  Full Article

AVIC Heavy Machinery to pay dividend on June 24
Monday, 20 Jun 2016 

AVIC Heavy Machinery Co Ltd <600765.SS>: Says it will use undistributed profits to pay a cash dividend of 0.4 yuan (pre-tax) per 10 shares to shareholders of record on June 23 for 2015 .Says the company's shares will be traded ex-dividend on June 24 and the dividend will be paid on June 24.  Full Article

AVIC Heavy Machinery unit to unload stakes in sub-unit for 1 yuan
Thursday, 16 Jun 2016 

AVIC Heavy Machinery Co., Ltd. <600765.SS> :Says its unit will divest entire 20 percent stake in AVIC Huiteng Wingpower Equipment Co., Ltd for 1 yuan.  Full Article

AVIC HEAVY MACHINERY unit completes selling of 20 pct stake in gas turbine generator company
Thursday, 12 May 2016 

AVIC HEAVY MACHINERY <600765.SS> CO., LTD:Says it subsidiary, China Aviation Industry Renewable Energy Corporation has completed the selling of 20 percent stake in Wuxi-based gas turbine generator company, for 21 million yuan.  Full Article

Avic Heavy Machinery announces lawsuit
Thursday, 31 Mar 2016 

Avic Heavy Machinery Co Ltd:Says its subsidiary, AVIC Renewable Energy files lawsuit against AVIC Huiteng Windpower Equipment Co., Ltd. with Beijing City Chaoyang District People's Court, regarding guarantee contract dispute.Says the subsidiary claimed that the defendant to pay 37,720,179.88 yuan and to bear litigation expense of 100,000.00 yuan.  Full Article

Avic Heavy Machinery announces no dividend payment for 2015
Friday, 18 Mar 2016 

Avic Heavy Machinery Co Ltd:To pay no dividend to shareholders for 2015.  Full Article

Avic Heavy Machinery expects 320 mln yuan net loss in 2015
Tuesday, 26 Jan 2016 

Avic Heavy Machinery Co Ltd:Says expects 2015 net loss of 320 million yuan.Says 2014 net income was 156.5 million yuan.Comments that increased risk of debt recovery and joint guarantee is the main reason.  Full Article