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Anhui Hengyuan Coal Industry and Electricity Power Co Ltd (600971.SS)

600971.SS on Shanghai Stock Exchange

10.22CNY
11 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Anhui Hengyuan Coal Industry's chairman retires
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - Anhui Hengyuan Coal Industry And Electricity Power Co Ltd <600971.SS>:Says Chairman Deng Xiqing resigns as he has reached retirement age.  Full Article

Anhui Hengyuan Coal Industry and Electricity's 9-month net profit up 713.7 pct y/y
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Anhui Hengyuan Coal Industry and Electricity Power Co Ltd <600971.SS>:Says 9-month net profit up 713.7 percent y/y.  Full Article

Anhui Hengyuan sees 9-month net profit up sharply, 9-month commercial coal sales rise 81 pct
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Anhui Hengyuan Coal Industry and Electricity Power Co Ltd <600971.SS>:Says it expects 9-month net profit to rise about 711.97 percent y/y to about 950 million yuan ($144.39 million).Says 9-month commercial coal sales up 80.8 percent y/y 4.7 billion yuan.  Full Article

Anhui Hengyuan Coal returns to net profit in H1
Wednesday, 10 Aug 2016 

Anhui Hengyuan Coal Industry And Electricity Power Co Ltd <600971.SS> :Says it returns to net profit of 56.8 million yuan ($8.56 million) in H1 versus net loss of 542.1 million yuan year ago.  Full Article

Anhui Hengyuan Coal Industry and Electricity Power says financial leasing worth 100 mln yuan
Tuesday, 2 Aug 2016 

Anhui Hengyuan Coal Industry and Electricity Power Co Ltd <600971.SS>: Says it plans financial leasing with an Anhui-based leasing firm . Says it to sell equipment to the leasing firm for 100 million yuan .Says it to lease back the equipments with a term of three years and interest rate of 5.8 percent.  Full Article

Anhui Hengyuan Coal Industry and Electricity Power to invest 10 mln yuan to set up unit
Friday, 20 May 2016 

Anhui Hengyuan Coal Industry and Electricity Power Co., Ltd. <600971.SS> : Says company will establish a unit based in Anhui with registered capital of 10 million yuan .Says the unit will be mainly engaged in electricity sales business.  Full Article

Anhui Hengyuan Coal Industry and Electricity Power to invest 10 mln yuan to set up JV
Friday, 20 May 2016 

Anhui Hengyuan Coal Industry and Electricity Power Co., Ltd. <600971.SS> : Says it will set up a new JV in Tianjin, with a Tianjin-based coal processing firm . Says the JV will be engaged in coal related business, and have a registered capital of 20 million yuan .Says company will hold 50 percent stake (10 million yuan) in the JV.  Full Article

Anhui Hengyuan Coal Industry and Electricity Power announces no dividend payment for 2015
Tuesday, 29 Mar 2016 

Anhui Hengyuan Coal Industry and Electricity Power Co Ltd:To pay no dividend to shareholders for 2015.  Full Article

Anhui Hengyuan Coal Industry and Electricity Power issues 2015 net profit outlook below I/B/E/S estimates
Saturday, 30 Jan 2016 

Anhui Hengyuan Coal Industry and Electricity Power Co Ltd:Sees net profit for 2015 to decrease by 8568.96 pct to 9211.11 pct, or to be a loss of 1,350 million yuan to a loss of 1,450 million yuan, compared to net profit of 2014 (15,572,800 yuan).Comments that decreased sales of coal business is the main reason for the forecast.2015 reported net income of a loss of 1,234.21 million yuan – Thomson Reuters I/B/E/S.  Full Article