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Ningbo Shanshan Co Ltd (600884.SS)

600884.SS on Shanghai Stock Exchange

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Tue, Oct 24 2017

BRIEF-Ningbo Shanshan sees Q1 to Q3 of FY 2017 net profit up 50 pct to 60 pct

* Says it sees net profit for FY 2017 Q1 to Q3 to increase 50 percent to 60 percent

BRIEF-Ningbo Shanshan's unit to boost new material subsidiary's capital by 930 mln yuan

* Says unit plans to boost new material subsidiary's capital by 930 million yuan ($140.54 million)

BRIEF-Ningbo Shanshan's H1 profit up 51.5 pct, plans commercial paper issue, battery materials project

* Says H1 net profit up 51.5 percent y/y at 339.0 million yuan ($50.74 million)

BRIEF-Ningbo Shanshan expects H1 net profit to rise 40-60 pct y/y

* Says it expects H1 net profit to rise 40-60 percent y/y versus net profit of 209.5 million yuan ($31.03 million) year ago

BRIEF-Ningbo Shanshan acquires A-share in China Molybdenum via private placement

* Says it acquired 1.8 billion yuan worth of A-share in China Molybdenum via private placement

BRIEF-Ningbo Shanshan to invest in China Molybdenum's private placement, to cooperate on projects

* Says it plans to invest 1.8 billion yuan ($265.17 million) in China Molybdenum's A-share private placement

BRIEF-Ningbo Shanshan to pay FY 2016 annual div on July 6

* Says it will pay FY 2016 dividend to shareholders of record on July 5

BRIEF-Ningbo Shanshan to invest up to 2.0 bln yuan in new energy related business

* Says it plans to invest up to 2.0 billion yuan ($292.47 million) in new energy related business

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