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Hundsun Technologies Inc (600570.SS)

600570.SS on Shanghai Stock Exchange

48.12CNY
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Thu, Jan 4 2018

BRIEF-Hundsun Technologies' Vice President Xu Changrong Resigns Due To Personal Reasons

* SAYS VICE PRESIDENT XU CHANGRONG RESIGNS DUE TO PERSONAL REASONS Source text in Chinese: http://bit.ly/2lQPfC4 Further company coverage: (Reporting by Hong Kong newsroom)

BRIEF-Hundsun Technologies to set up network technology JV in Zhejiang

* Says it plans to set up a network technology JV with partner, with registered capital of 50 million yuan, in Zhejiang

BRIEF-Hundsun Technologies sees FY 2017 net profit to rise

* Says it sees net profit for FY 2017 to increase by more than 50 percent

BRIEF-Hundsun Technologies to invest 12 mln yuan in Ningbo VC investment fund

* Says it plans to invest 12 million yuan to subscribe shares in a Ningbo-based VC investment fund, owning 16.5 percent ratio of contributions

BRIEF-Hundsun Technologies acquires 51 pct stake in Shanghai DZH's investment unit

* Says it acquired 51 percent stake in a Hong Kong-based investment unit of Shanghai DZH Ltd

BRIEF-Hundsun Technologies' H1 net profit up 39.4 pct y/y

* Says H1 net profit up 39.4 percent y/y at 228.6 million yuan ($34.67 million)

BRIEF-Shanghai DZH to sell stake in investment unit to Hundsun Technologies

* Says it plans to sell 51 percent stake in Hong Kong's investment unit for 367.2 million yuan ($55.72 million) to Hundsun Technologies

BRIEF-Hundsun Technologies unit says settlement of arbitration regarding contract dispute

* Says co's Hong Kong-based unit reaches settlement with ICBC(Asia) regarding contract dispute arbitration filed by ICBC(Asia)

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