BRIEF-Tongfu Microelectronics signs IC project worth 7 bln yuan
* Says it signs strategic agreement for integrated circuit project worth 7.0 billion yuan ($1.02 billion) in Xiamen
Jan 4 Sino Wealth Electronic Ltd :
* Sees net profit for 2016 to increase by 97 percent to 127 percent, or to be 98 million yuan to 112.8 million yuan, compared to net profit of 2015 (49.8 million yuan)
* Says steady growth in sales of core businesses as main reason for the forecast
Source text in Chinese: goo.gl/x3kf7t
Further company coverage: (Beijing Headline News)
June 26 Best Inc, a Chinese logistics company backed by Alibaba Group Holding Ltd, on Monday filed for an initial public offering of American depositary shares to raise up to $750 million.