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Sailun Jinyu Group Co Ltd (601058.SS)

601058.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Sailun Jinyu Group says change of top shareholder
Monday, 27 Nov 2017 

Nov 27(Reuters) - Sailun Jinyu Group Co Ltd <601058.SS>:Says a Beijing-based company increases stake in the company to 12.2 percent from 6.1 percent and becomes top shareholder of the company from second biggest shareholder.  Full Article

Sailun Jinyu Group unit to sell tire sales firm for 500,000 pounds
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - Sailun Jinyu Group Co Ltd <601058.SS>:Says Luxembourg-based tire unit will sell 100 percent stake in tire sales firm to KRT Holdings Limited, for 500,000 pounds .  Full Article

Sailun Jinyu Group establishes unit SAILUN JINYU INTERNATIONAL HOLDING (HONG KONG)
Friday, 23 Sep 2016 

Sailun Jinyu Group Co Ltd <601058.SS>: Says it established a wholly owned subsidiary named SAILUN JINYU INTERNATIONAL HOLDING (HONG KONG) CO., LIMITED .Says the new unit capitalized at HK$10,000.  Full Article

Sailun Jinyu Group expects 2016 H1 net profit to rise by 90 pct to 110 pct
Friday, 5 Aug 2016 

Sailun Jinyu Group Co., Ltd. <601058.SS>: : Says it expects 2016 H1 net profit of 199.4 million yuan to 220.4 million yuan, to increase by 90-110 percent compared with 2015 H1 . Says 2015 H1 net income was 104.9 million yuan .Comments that oversea market expansion is the main reason for the forecast.  Full Article

SAILUN JINYU GROUP adjusts private placement plan
Monday, 9 May 2016 

SAILUN JINYU GROUP <601058.SS> CO.,LTD.: Says the co adjusts private placement plan, due to the company's dividend payment for 2015 . Says new plan is to issue up to 461.5 million new shares instead of 206.9 million shares .Says issue price was amended to 3.25 yuan per share from 7.25 yuan per share.  Full Article

SAILUN JINYU GROUP says 2015 dividend payment date
Friday, 29 Apr 2016 

SAILUN JINYU GROUP CO.,LTD:To pay a cash dividend of 1 yuan (before tax) per 10 shares and use additional paid-in capital to distribute 12 new shares for every 10 shares for 2015, to shareholders of record on May 5.Says the company's shares will be traded ex-right and ex-dividend on May 6 and the dividend will be paid on May 6.  Full Article

SAILUN JINYU GROUP issues 2016 Q1 net profit outlook
Tuesday, 12 Apr 2016 

SAILUN JINYU GROUP CO.,LTD:Sees net profit for 2016 Q1 to increase by 160 percent to 200 percent, or to be 83,000,000 yuan to 96,000,000 yuan.Says the net profit of 2015 Q1 was 31,950,000 yuan.Comments that market development, orders increase and cost control are the main reasons for the forecast.  Full Article

SAILUN JINYU GROUP announces 2015 dividend payment
Saturday, 19 Mar 2016 

SAILUN JINYU GROUP CO.,LTD:To pay a cash dividend of 1.00 yuan for every 10 shares (pre-tax), and using additional paid-in capital to distribute 12 new shares for every 10 shares, as the dividend payment plan for 2015.  Full Article

SAILUN JINYU GROUP proposes 2015 dividend payment
Friday, 18 Mar 2016 

SAILUN JINYU GROUP CO.,LTD:Actual controller proposes to pay a cash dividend of 1.00 yuan for every 10 shares (pre-tax), and using additional paid-in capital to distribute 12 new shares for every 10 shares, as the dividend payment plan for 2015.  Full Article

BRIEF-Sailun Jinyu Group says change of top shareholder

* Says a Beijing-based company increases stake in the company to 12.2 percent from 6.1 percent and becomes top shareholder of the company from second biggest shareholder