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CITIC Heavy Industries Co Ltd (601608.SS)

601608.SS on Shanghai Stock Exchange

2.51CNY
15 Oct 2018
Change (% chg)

¥0.01 (+0.40%)
Prev Close
¥2.50
Open
¥2.52
Day's High
¥2.54
Day's Low
¥2.51
Volume
7,954,750
Avg. Vol
10,581,616
52-wk High
¥5.25
52-wk Low
¥2.40

Latest Key Developments (Source: Significant Developments)

CITIC Heavy Industries sees FY 2018 H1 net profit up around 198.47 pct
Wednesday, 18 Jul 2018 

July 18 (Reuters) - CITIC Heavy Industries Co Ltd <601608.SS> ::Says it sees FY 2018 H1 net profit to increase by around 198.47 percent .Says FY 2017 H1 net profit was 21.3 million yuan.Comments that steady growth of profitability as main reason for the forecast.  Full Article

Citic Heavy Industries to pay cash dividend of 0.062 yuan (pre-tax) for every 10 shares
Monday, 26 Mar 2018 

March 26 (Reuters) - Citic Heavy Industries Co Ltd <601608.SS>:Says it plans to pay a cash dividend of 0.062 yuan (pre-tax) for every 10 shares as the dividend payment plan for 2017.  Full Article

Citic Heavy Industries Returns To Black In 2017 With Net Profit Of 31.3 Mln Yuan
Sunday, 25 Mar 2018 

March 25 (Reuters) - Citic Heavy Industries Co Ltd <601608.SS>::SAYS IT RETURNS TO BLACK IN 2017 WITH NET PROFIT OF 31.3 MILLION YUAN ($4.96 million) VERSUS NET LOSS OF 1.58 BILLION YUAN YEAR AGO.  Full Article

CITIC Heavy Industries to adopt new accounting policies
Friday, 29 Dec 2017 

Dec 29(Reuters) - CITIC Heavy Industries Co Ltd <601608.SS>:Says it plans to adopt new accounting policies regarding recognition and measurement of financial instruments, transfer of financial assets, hedging, presentation of financial instruments and revenues, effective Jan. 1, 2018.  Full Article

Citic Heavy Industries and unit passes review of high-tech enterprise recognition
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Citic Heavy Industries Co Ltd <601608.SS> ::Says it and wholly owned automotive engineering subsidiary passes review of high-tech enterprise recognition.to enjoy a tax preference of 15 percent for three years from 2017 to 2019.  Full Article

Wanxiang Qianchao scraps plan to sell JV stake to CITIC Heavy
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Wanxiang Qianchao Co Ltd <000559.SZ>::SAYS IT SCRAPS PLAN TO SELL 10 PERCENT STAKE IN JV TO CITIC HEAVY INDUSTRIES Co Ltd <<<601608.SS>>>.  Full Article

CITIC Heavy Industries scraps acquisition plan due to changes in market conditions​
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Citic Heavy Industries Co Ltd <601608.SS>::SAYS IT SCRAPS PLAN TO BUY NEW ENERGY CAR ASSETS DUE TO CHANGES IN MARKET CONDITIONS​.  Full Article

Citic Heavy Industries' share trade to halt pending announcement
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Citic Heavy Industries Co Ltd <601608.SS>::SAYS SHARE TRADE TO HALT FROM NOV 30 PENDING ANNOUNCEMENT RELATED TO ASSET ACQUISITION.  Full Article

Citic Heavy Industries to buy 60 pct stake in capacitor research institute
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Citic Heavy Industries Co Ltd <601608.SS> ::Says it plans to buy 60 percent stake in a capacitor research institute for 35.2 million yuan, to develop robot and intelligent equipment business .  Full Article