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Sinovel Wind Group Co Ltd (601558.SS)

601558.SS on Shanghai Stock Exchange

1.33CNY
22 Feb 2018
Change (% chg)

¥0.02 (+1.53%)
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¥1.31
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23,976,833
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Latest Key Developments (Source: Significant Developments)

Sinovel Wind Group to buy 70 pct stake in electricity distribution firm
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Sinovel Wind Group Co Ltd <601558.SS> ::Says it plans to buy 70 percent stake in a Beijing-based electricity distribution company from an individual .  Full Article

Sinovel Wind Receives Queries From Shanghai Stock Exchange Related To U.S. Case
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Sinovel Wind Group Co Ltd <601558.SS>::SAYS IT RECEIVES QUERIES FROM SHANGHAI STOCK EXCHANGE AFTER MEDIA REPORTS SAY IT FACES $4.8 BILLION FINE IN LAWSUIT BROUGHT UP BY U.S. DEPARTMENT OF JUSTICE.SAYS SHARE TRADE REMAINS SUSPENDED.  Full Article

Sinovel Wind returns to net profit of 367.1 mln yuan in Jan-Sept
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Sinovel Wind Group Co Ltd <601558.SS>:Says it returns to net profit of 367.1 million yuan ($55.20 million) in Jan-Sept versus net loss of 660.7 million yuan year ago.  Full Article

Sinovel Wind's H1 net loss narrows to 488.7 mln yuan
Tuesday, 30 Aug 2016 

Sinovel Wind Group Co Ltd <601558.SS> :Says H1 net loss narrows to 488.7 million yuan ($73.18 million) from 864.6 million yuan year ago.  Full Article

Sinovel Wind (Group) announces no dividend payment for 2015
Monday, 18 Apr 2016 

Sinovel Wind (Group) Co Ltd:Says no dividend payment for 2015.  Full Article

Sinovel Wind revises 2016 Q1 net loss outlook
Saturday, 16 Apr 2016 

Sinovel Wind (Group) Co Ltd:Sees net loss for 2016 Q1 to be 4,452,269,800 yuan.Says in the previous outlook, the company expected the net loss for 2016 Q1 to be 4,537,109,800 yuan.Says the net profit of 2015 Q1 was 80,732,800 yuan.Comments that changes in impairment provision of the inventory decline is the main reason for the forecast.  Full Article

UPDATE 3-China's Sinovel convicted in U.S. of trade-secret theft

Jan 24 Chinese wind turbine maker Sinovel Wind Group Co was convicted on Wednesday of U.S. charges that it stole trade secrets from AMSC, causing the Massachusetts-based company to lose more than $800 million.