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Chengdu B-ray Media Co Ltd (600880.SS)

600880.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Chengdu B-ray Media to sell stakes in two firms for 191.1 mln yuan
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Chengdu B-ray Co Ltd <600880.SS>::SAYS IT AGREES TO SELL STAKES IN TWO FIRMS FOR A COMBINED 191.1 MILLION YUAN ($28.90 million).  Full Article

Chengdu B-ray Media to buy 20 pct stake in Chengdu Small Enterprise Financing Guarantee for 168 mln yuan
Friday, 26 Aug 2016 

Chengdu B-ray Media Co., Ltd<600880.SS>:Says it will acquire 20 pct stake in Chengdu Small Enterprise Financing Guarantee Co., Ltd from IFC, for 168 million yuan.  Full Article

Chengdu B-ray Media expects 2016 H1 net profit to fall by 90 pct
Monday, 18 Jul 2016 

Chengdu B-ray Media Co., Ltd. <600880.SS>: Says it sees 2016 H1 net profit outlook to decrease by 90 percent compared with 2015 H1 . Says 2015 H1 net income was 71.9 million yuan .Comments that media business tumbling down is the main reason for the forecast.  Full Article

Chengdu B-ray Media scraps asset restructuring
Wednesday, 29 Jun 2016 

Chengdu B-ray Media Co Ltd <600880.SS> :Says it scraps asset restructuring.  Full Article

Chengdu B-ray Media to pay 2015 dividend on June 17
Wednesday, 8 Jun 2016 

Chengdu B-ray Media Co Ltd <600880.SS> : Says it plans to pay a cash dividend of 0.03 yuan (before tax) per share to shareholders of record on June 16, for 2015 .Says the company's shares will be traded ex-right and ex-dividend on June 17 and the dividend will be paid on June 17.  Full Article

Chengdu B-ray Media says 2015 dividend payment as 0.03 yuan per share
Wednesday, 20 Apr 2016 

Chengdu B-ray Media Co Ltd:To pay cash dividend of 0.3 yuan per 10 shares (before tax) to the company's shareholders for 2015.  Full Article

Chengdu B-ray Media to issue shares for stake acquisition and fund raising
Thursday, 31 Mar 2016 

Chengdu B-ray Media Co Ltd:Says to issue 92,616,700 shares at 9.67 yuan per share and pay cash of 256 million yuan, to a Chengdu-based company and IFC in exchange for 81.034 pct stake in a Chengdu-based financing assurance company.Says the transaction price is 1,151,603,300 yuan.Says to issue 119,090,300 shares at 9.67 yuan per share through private placement, to raise up to 1,151,603,300 yuan.Says proceeds will be used for the stake acquisition and business integration.  Full Article

Chengdu B-ray Media signs strategic cooperation framework agreement
Wednesday, 2 Mar 2016 

Chengdu B-ray Media Co Ltd:Signs a strategic cooperation framework agreement with Sichuan-based venture capital association and D'strict holdings on Feb. 29.The parties will cooperate in establishment innovation pioneer park in Chengdu, R&D and utilization of virtual reality (VR), holographic and ICT technology etc.  Full Article

Chengdu B-ray Media gives 2015 net profit outlook below I/B/E/S estimates
Saturday, 30 Jan 2016 

Chengdu B-ray Media Co Ltd:Sees net profit for 2015 to decrease 60 pct to 80 pct.Says the net profit of 2014 was 280.9465 mln yuan.2015 reported net profit of 310.43 million yuan – Thomson Reuters I/B/E/S.Comments that sluggish in traditional media business and petty loan business, delay of new products in new media game business are the main reasons for the forecast.  Full Article

Chengdu B-ray Media unit receives first-instance judgment
Thursday, 31 Dec 2015 

Chengdu B-ray Media Co Ltd:Says its wholly owned Beijing-based investment subsidiary receives first-instance judgment regarding the lawsuit filed by the unit (plaintiff) against five individuals (defendants).According to the judgment, defendants were ordered to pay 80.7 million yuan as well as related interests and to bear the lawsuit cost.  Full Article

BRIEF-Chengdu B-ray Media to sell stakes in two firms for 191.1 mln yuan

* SAYS IT AGREES TO SELL STAKES IN TWO FIRMS FOR A COMBINED 191.1 MILLION YUAN ($28.90 million) Source text in Chinese: http://bit.ly/2k0HdEH Further company coverage: ($1 = 6.6135 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)