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Ningbo Shanshan Co Ltd (600884.SS)

600884.SS on Shanghai Stock Exchange

17.24CNY
14 Feb 2018
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Fri, Jan 19 2018

BRIEF-Ningbo Shanshan Gets Approval To Issue Commercial Paper, Sees 2017 Net Profit Up

* SAYS IT EXPECTS 2017 NET PROFIT TO RISE 157.5-187.8 PERCENT Y/Y FROM 330 MILLION YUAN ($51.62 million) YEAR AGO

BRIEF-Ningbo Shanshan's Energy Unit Plans High Density Lithium Battery Material Project

* SAYS ENERGY UNIT PLANS HIGH DENSITY LITHIUM BATTERY MATERIAL PROJECT WITH ACCUMULATIVE INVESTMENT FOR AT LEAST 5.0 BILLION YUAN ($777.21 million) Source text in Chinese: http://bit.ly/2mIB6qQ Further company coverage: ($1 = 6.4333 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

BRIEF-Ningbo Shanshan Sells 9.13 Million Shares In Bank Of Ningbo

* SAYS IT HAS SOLD 9.13 MILLION SHARES IN BANK OF NINGBO Co Ltd ON DEC 20-21, OBTAINS INVESTMENT GAINS OF ABOUT FOR 156.2 MILLION YUAN ($23.72 million)

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)

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