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Furen Pharmaceutical Group Industry Co Ltd (600781.SS)

600781.SS on Shanghai Stock Exchange

22.00CNY
11 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Furen Pharmaceutical gets regulatory approval for asset acquisition
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Furen Pharmaceutical Group Industry Co Ltd <600781.SS>::SAYS IT GETS REGULATORY APPROVAL FOR ASSET ACQUISITION, SHARE TRADE TO RESUME ON NOV 30.  Full Article

Shanghai Furen Industrial (Group) adjusts share issuance plan for stake acquisition and fund raising
Wednesday, 27 Apr 2016 

Shanghai Furen Industrial (Group) Co Ltd:Adjusts share issuance plan for stake acquisition and fund raising, which was initially announced on Dec. 22, 2015.New plan is to issue 453,998,223 A shares at 16.50 yuan per share and pay 318,029,200 yuan, to 14 companies, in exchange for 100 pct stake in KaiFeng Pharmaceutical (Group) Co., Ltd.Transaction price of 7,809 mln yuan.To issue 321,212,121 new shares at no less than 16.50 yuan per share through private placement, to raise up to 5.3 billion yuan.  Full Article

Shanghai Furen Industrial (Group) announces no dividend payment for 2015
Monday, 11 Apr 2016 

Shanghai Furen Industrial (Group) Co Ltd:To pay no dividend to shareholders for 2015.  Full Article

Shanghai Furen Industrial (Group) to sell 100 pct stake in Shanghai-based company
Monday, 11 Apr 2016 

Shanghai Furen Industrial (Group) Co Ltd:To sell 100 pct stake in Shanghai-based company to Luoyang-based company, for 8,380,600 yuan.  Full Article

Shanghai Furen Industrial (Group) gives 2015 net profit outlook in line with I/B/E/S estimates
Thursday, 28 Jan 2016 

Shanghai Furen Industrial (Group) Co Ltd:Says expects 2015 net profit to increase by 110-140 percent compared with 2014.Says 2014 net income was 12.1 million yuan.Comments that increased sales revenue is the main reason.2015 net profit estimate is 29.3 million yuan, according to Thomson Reuters I/B/E/S.  Full Article

Shanghai Furen Industrial (Group) announces shareholding changes
Tuesday, 5 Jan 2016 

Shanghai Furen Industrial (Group) Co Ltd:Says a Luyi-based holdings company to raise stake in the company to 27.08 pct (48,100,000 shares) from 0 pct.  Full Article

Shanghai Furen Industrial (Group) to issue new shares to acquire company and raise fund
Tuesday, 22 Dec 2015 

Shanghai Furen Industrial (Group) Co Ltd:To issue 456,381,900 A shares at 16.50 yuan per share and pay 319,699,000 yuan, to 14 companies, in exchange for 100 pct stake in KaiFeng Pharmaceutical (Group) Co., Ltd.Predicted value of the target company is 7.85 billion yuan.To issue new shares through private placement to raise up to 5.3 billion yuan.Says part of the proceeds raised through private placement will be used to pay the cash consideration in the acquisition, invest in projects of the target company and the rest of the proceeds will be used to supplement working capital.  Full Article