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CITIC Heavy Industries Co Ltd (601608.SS)

601608.SS on Shanghai Stock Exchange

4.14CNY
13 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Citic Heavy Industries and unit passes review of high-tech enterprise recognition
4:53am GMT 

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

CITIC Heavy Industries to pay 2015 div on Aug. 23
Tuesday, 16 Aug 2016 

CITIC Heavy Industries Co Ltd <601608.SS> : Says it will pay cash dividend of 0.23 yuan per 10 shares (before tax) to shareholders for 2015 as a record of Aug. 22 .Says the company's shares will be traded ex-right and ex-dividend on Aug. 23 and the dividend will be paid on Aug. 23.  Full Article

CITIC Heavy Industries appoints Wang Chunmin as general manager
Saturday, 30 Apr 2016 

CITIC Heavy Industries Co Ltd:Says it appoints Wang Chunmin as general manager of the company.  Full Article

CITIC Heavy Industries appoints Yu Zhangfa as chairman
Saturday, 30 Apr 2016 

CITIC Heavy Industries Co Ltd:Says it appoints Yu Zhangfa as chairman of the company, to replace Ren Qinxin, who has retired from the position.  Full Article

CITIC Heavy Industries announces 2015 dividend payment
Wednesday, 23 Mar 2016 

CITIC Heavy Industries Co Ltd:To pay cash dividend of 0.23 yuan per 10 shares (before tax) to shareholders for 2015.  Full Article

CITIC Heavy Industries gives 2015 net profit outlook
Friday, 29 Jan 2016 

CITIC Heavy Industries Co Ltd:Sees net profit for 2015 to decrease 60 pct to 85 pct, compared to net profit of 2014 (407,474,631.52 yuan).Comments that influence of related market condition as the main reason for the forecast.  Full Article

BRIEF-Wanxiang Qianchao scraps plan to sell JV stake to CITIC Heavy

* SAYS IT SCRAPS PLAN TO SELL 10 PERCENT STAKE IN JV TO CITIC HEAVY INDUSTRIES Co Ltd Source text in Chinese: http://bit.ly/2AWrm58 Further company coverage: (Reporting by Hong Kong newsroom)