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Jiangsu Lugang Culture Co Ltd (601599.SS)

601599.SS on Shanghai Stock Exchange

5.57CNY
18 May 2018
Change (% chg)

¥0.17 (+3.15%)
Prev Close
¥5.40
Open
¥5.43
Day's High
¥5.60
Day's Low
¥5.43
Volume
10,159,021
Avg. Vol
10,248,120
52-wk High
¥7.35
52-wk Low
¥5.29

Latest Key Developments (Source: Significant Developments)

Jiangsu Lugang Culture sees 2018 Q1 net profit to up 130 pct to 150 pct
Thursday, 5 Apr 2018 

April 5(Reuters) - Jiangsu Lugang Culture Co Ltd <601599.SS> ::Says net profit for 2018 Q1 to up 130 percent to 150 percent.Says 2017 Q1 net profit was 9.1 million yuan .  Full Article

Jiangsu Lugang Culture sees FY 2017 net profit to up 35 pct to 55 pct
Wednesday, 31 Jan 2018 

Jan 31(Reuters) - Jiangsu Lugang Culture Co Ltd <601599.SS> ::Says net profit for FY 2017 to up 35 percent to 55 percent.Says FY 2016 net profit was 178.7 million yuan .  Full Article

Jiangsu Lugang Culture shareholder raises stake in co to 5 pct
Monday, 8 Jan 2018 

Jan 8(Reuters) - Jiangsu Lugang Culture Co Ltd <601599.SS>:Says Wu Yi raised stake in the co to 5 percent (44.7 million shares) from 0.11 percent (1 million shares), during the period from Oct. 10, 2017 to Jan. 5.  Full Article

Jiangsu Lugang Culture acquires stake in two firms
Tuesday, 5 Dec 2017 

Dec 5(Reuters) - Jiangsu Lugang Culture Co Ltd <601599.SS>:Says it acquired 45 percent stake in a Zhejiang-based film and television company and increased stake in the film and television company to 96 percent from 51 percent.Says it acquired 30 percent stake in a sewage treatment company and increased stake in the sewage treatment company to 60 percent from 30 percent .Previous plans were announced on Nov. 6 and Nov. 7 respectively.  Full Article

Jiangsu Lugang Culture to acquire 30 pct stake in sewage treatment firm for 62.1 mln yuan
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Jiangsu Lugang Culture Co Ltd <601599.SS>:Says it will acquire 30 percent stake in zhangjiagang-based sewage treatment firm for 62.1 million yuan and raise stake in the co to 60 percent from 30 percent after transaction .  Full Article

Jiangsu Lugang Culture plans investment fund with partners, stake acquisition in media firm
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Jiangsu Lugang Culture Co Ltd <601599.SS>:Says it plans to set up investment fund worth 1.0 billion yuan ($150.88 million) with partners.Says it signs agreement to buy 45 percent stake in media firm for 395 million yuan.  Full Article

Jiangsu Lugang Culture to set up cultural industry investment unit in Suzhou
Wednesday, 20 Jul 2016 

Jiangsu Lugang Culture <601599.SS>: Says it will use 50 million yuan to set up a wholly owned subsidiary in Suzhou .Says the subsidiary will be engaged in cultural industry investment.  Full Article

Jiangsu Lugang Culture to set up cultural industry investment unit
Wednesday, 20 Jul 2016 

Jiangsu Lugang Culture <601599.SS>: Says it will use HK$1 million to set up a wholly owned subsidiary in Hong Kong .Says the new subsidiary will be engaged in cultural industry investment.  Full Article

Jiangsu Lugang Science & Technology changes company name
Wednesday, 8 Jun 2016 

Jiangsu Lugang Science & Technology <601599.SS> Co Ltd:Says it name changed to Jiangsu Lugang Culture Co Ltd.  Full Article

Jiangsu Lugang Science & Technology to pay 2015 dividend on June 8
Thursday, 2 Jun 2016 

Jiangsu Lugang Science & Technology Co., Ltd. <601599.SS> : Says it will pay a cash dividend of 1 yuan (before tax) per 10 shares and use additional paid-in capital to distribute 10 new shares for every 10 shares for 2015, to shareholders of record on June 7 .Says the company's shares will be traded ex-right and ex-dividend on June 8 and the dividend will be paid on June 8.  Full Article

China stocks rise as Sino-U.S. trade talks set to resume

SHANGHAI, May 8 China stocks posted robust gains on Tuesday, amid hopes that resumption of Sino-U.S. talks could help avert a trade war, while the impending MSCI inclusion of China shares rekindled interest in blue-chips.