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Ningbo Shanshan Co Ltd (600884.SS)

600884.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Ningbo Shanshan sees Q1 to Q3 of FY 2017 net profit up 50 pct to 60 pct
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Ningbo Shanshan Co Ltd <600884.SS>:Says it sees net profit for FY 2017 Q1 to Q3 to increase 50 percent to 60 percent.Says the net profit of FY 2016 Q1 to Q3 was 268 million yuan.Comments that increased income of cathode materials of lithium battery as the main reason for the forecast.  Full Article

Ningbo Shanshan's H1 net profit down 65.7 pct
Monday, 15 Aug 2016 

Ningbo Shanshan Co Ltd <600884.SS> :Says H1 net profit down 65.7 percent y/y at 209.5 million yuan ($31.56 million).  Full Article

Garment and battery maker Ningbo Shanshan sees H1 net profit down 60-70 pct
Tuesday, 26 Jul 2016 

Ningbo Shanshan Co Ltd <600884.SS> :Says it expects H1 net profit to fall 60-70 percent y/y versus net profit of 611.2 million yuan ($91.58 million) year ago.  Full Article

Ningbo Shanshan to pay 2015 dividend on June 20
Tuesday, 14 Jun 2016 

Ningbo Shanshan Co., Ltd. <600884.SS> : Says it will pay a cash dividend of 1.75 yuan (before tax) per 10 shares and distribute two new shares for every 10 shares as stock dividends for 2015, to shareholders of record on June 17 . Says it will use additional paid-in capital to distribute eight new shares for every 10 shares .Says the company's shares will be traded ex-right and ex-dividend on June 20 and the dividend will be paid on June 20.  Full Article

Ningbo Shanshan's two units plan Hong Kong share offerings
Friday, 20 May 2016 

Ningbo Shanshan Co Ltd <600884.SS> :Says two units plan Hong Kong share offerings.  Full Article

Ningbo Shanshan announces 2015 dividend payment
Friday, 15 Apr 2016 

Ningbo Shanshan Co Ltd:Says it will use undistributed profits to pay a cash dividend of 1.75 yuan (pre-tax) per 10 shares to shareholders for 2015.Says to distribute two new share for every 10 shares as stock dividends.Says to use additional paid-in capital to distribute eight new shares for every 10 shares.  Full Article

Ningbo Shanshan completes private placement
Saturday, 27 Feb 2016 

Ningbo Shanshan Co Ltd:Says completes the issuance of 150,524,246 A shares at 22.89 yuan per share, through private placement to Shanshan Corporation, Hua Insurance, and Tianan Property Insurance.Says raises 3.45 billion yuan in total through the private placement.Says Shanshan Corporation's stake in the company was increased to 16.1 percent (90,314,548 shares) from 0 percent.Says Hua Insurance's stake in the company was increased to 5.4 percent (30,104,849 shares) from 0 percent.Says Tianan Property Insurance's stake in the company was increased to 5.4 percent (30,104,849 shares) from 0 percent.  Full Article

Ningbo Shanshan gives 2015 net profit outlook
Thursday, 28 Jan 2016 

Ningbo Shanshan Co Ltd:Sees net profit for 2015 to increase 75 pct to 125 pct.Says the net profit of 2014 was 348.4207 million yuan.Comments the gain from sell shares of Bank of Ningbo is the main reason for the forecast.  Full Article

Ningbo Shanshan signs letter of intent of cooperation with Baotou Government
Wednesday, 27 Jan 2016 

Ningbo Shanshan Co Ltd:Signed a letter of intent of cooperation for graphite mining right with Baotou Government.  Full Article

BRIEF-Ningbo Shanshan sees Q1 to Q3 of FY 2017 net profit up 50 pct to 60 pct

* Says it sees net profit for FY 2017 Q1 to Q3 to increase 50 percent to 60 percent