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Hareon Solar Technology Co Ltd (600401.SS)

600401.SS on Shanghai Stock Exchange

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Mon, Feb 5 2018

BRIEF-Hareon Solar Technology's Share Trade To Halt Pending Announcement Related To Major Plan

* SAYS SHARE TRADE TO HALT FROM FEB 6 PENDING ANNOUNCEMENT RELATED TO MAJOR PLAN Source text in Chinese: http://bit.ly/2nFe3O4 Further company coverage: (Reporting by Hong Kong newsroom)

BRIEF-Hareon Solar Tech Takes Measures To Lower Costs As Shares Closed Below Face Value

* SAYS IT IS TAKING MEASURES TO ADJUST STRUCTURE AND LOWER COSTS AFTER ITS SHARES CLOSED BELOW FACE VALUE AT 0.97 YUAN ($0.1541) PER SHARE ON FEB 1 Source text in Chinese: http://bit.ly/2nrYPvX Further company coverage: ($1 = 6.2935 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

BRIEF-Hareon Solar Sees Net Loss In 2017, Faces Risks Of Listing Suspension

* SAYS IT AND UNITS HAVE A COMBINED 425.8 MILLION YUAN OVERDUE LOANS AS OF JAN 30, 2017

BRIEF-Hareon Solar Technology unit plans JV in Morocco

* Says its wholly owned unit plans to set up a joint venture in Morocco, with Societe d’Investissement Energetique and JET Contractors

BRIEF-Hareon Solar Technology says freeze of shares

* Says 312.4 million shares (6.6 percent stake) held by an individual shareholder, YANG HUAI JIN were frozen by two courts for three years

BRIEF-Hareon Solar Technology scraps investment agreement with Jiangsu Gaoyou economic development zone

* Says it scraps investment agreement signed on Dec 15, 2016 with Jiangsu Gaoyou economic development zone

BRIEF-Hareon Solar Technology swings to net loss of 883.5 mln yuan in Jan-Sept

* Says it swings to net loss of 883.5 million yuan ($133.00 million) in Jan-Sept

BRIEF-Hareon Solar Technology to dissolve 8 units

* Says the Board agrees to dissolve 8 units to reduce operating costs and improve management efficiency

BRIEF-Hareon Solar Technology to sell 10 pct interest in limited partnership for 500 mln yuan and to dissolve units

* Says it plans to sell entire 10 percent interest in an investment limited partnership for 500 million yuan

BRIEF-Hareon Solar swings to net loss of 501.5 mln yuan in H1

* Says it swings to net loss of 501.5 million yuan ($76.07 million) in H1

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