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Dongyue Group Ltd (0189.HK)

0189.HK on Hong Kong Stock

6.17HKD
16 Jul 2018
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Latest Key Developments (Source: Significant Developments)

Dongyue Group Ltd Updates On Legal Proceedings In China
Friday, 13 Jul 2018 

July 13 (Reuters) - Dongyue Group Ltd <0189.HK>::SHANDONG HIGHER PEOPLE'S COURT HELD THAT TRI-PARTITE AGREEMENTS IN RELATION TO TWO LAWSUITS WERE VALID AND ENFORCEABLE.PURSUANT TO TRI-PARTITE AGREEMENTS, IT WAS HELD THAT BANK OF COMMUNICATIONS WAS ENTITLED TO WITHHOLD SECURITY DEPOSITS OF RMB 500 MILLION.RMB500 MILLION MISAPPROPRIATED FUNDS HAD ALREADY BEEN WRITTEN OFF FROM GROUP'S CONSOLIDATED FINANCIAL STATEMENTS FOR FY2015.CONSIDERS THAT DECISION HAS NO MATERIAL ADVERSE IMPACT ON COMPANY'S BUSINESS, OPERATIONS AND FINANCIALS.  Full Article

Dongyue Group Sees 63 Pct Increase 5-Mth Net Profit Attributable
Tuesday, 26 Jun 2018 

June 26 (Reuters) - Dongyue Group Ltd <0189.HK>::HAS RECORDED AN INCREASE BY APPROXIMATELY 63% IN ITS NET PROFIT ATTRIBUTABLE TO OWNERS OF COMPANY FOR FIVE MONTHS ENDED 31 MAY 2018.EXPECTED RESULT DUE TO MAINTENANCE OF STABLE AND LARGE-VOLUME PRODUCTION.  Full Article

Dongyue Group Says Unit To Purchase 40 Pct Interest In Dongying Dongyue Salt
Friday, 18 May 2018 

May 18 (Reuters) - Dongyue Group Ltd <0189.HK>::DONGYUE GROUP -UNIT TO PURCHASE 40% EQUITY INTEREST IN DONGYING DONGYUE SALT FROM MACRO-LINK ASSET INVESTMENT FOR RMB86.5 MILLION.  Full Article

Dongyue Group Says Zibo Xiaoxi To Make Capital Contribution Of About RMB234.7 MLN To Dongyue Organic Silicone
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Dongyue Group Ltd <0189.HK>::ZIBO XIAOXI TO MAKE CAPITAL CONTRIBUTION OF ABOUT RMB234.7 MILLION TO DONGYUE ORGANIC SILICONE.CHEUNG SHEK INVESTMENT AGREED TO MAKE CAPITAL CONTRIBUTION OF ABOUT RMB180.5 MILLION TO DONGYUE ORGANIC SILICONE.  Full Article

Dongyue Group Updates On Loan Framework Agreement​
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Dongyue Group Ltd <0189.HK>::‍SHANDONG HUAXIA & MACRO-LINK TO PROVIDE UNSECURED LOAN FACILITIES IN AMOUNT OF NOT MORE THAN RMB200 MILLION TO JV​.SHANDONG HUAXIA, MACRO-LINK & SHANDONG DONGYUE FUTURE HYDROGEN ENERGY MATERIALS ENTERED LOAN FRAMEWORK AGREEMENT​.  Full Article

Dongyue Group Says Units To Sell Assets To Shandong Dongyue Future Hydrogen Energy Materials
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Dongyue Group Ltd <0189.HK>::SHANDONG HUAXIA TO SELL SHANDONG HUAXIA ASSETS TO SHANDONG DONGYUE FUTURE HYDROGEN ENERGY MATERIALS FOR RMB50.8 MILLION.DONGYUE POLYMERS HAS CONDITIONALLY AGREED TO SELL DONGYUE POLYMERS ASSETS FOR A CASH CONSIDERATION OF RMB9.3 MILLION​.  Full Article

Dongyue Group Ltd updates regarding formation of the joint venture
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Dongyue Group Ltd <0189.HK>::UNIT SHANDONG HUAXIA, HUOER GUOSI AND MARCO-LINK ENTERS AGREEMENT TO ESTABLISH JOINT VENTURE​.JOINT VENTURE SHALL HAVE A REGISTERED CAPITAL OF RMB100 MILLION.SHANDONG HUAXIA WILL HOLD 40 PERCENT, HUOER GUOSI WILL HOLD 30 PERCENT AND MARCO-LINK HOLDINGS WILL HOLD 30 PERCENT IN JV‍​.  Full Article