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Shanghai Electric Group Co Ltd (2727.HK)

2727.HK on Hong Kong Stock

2.18HKD
27 Oct 2020
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Latest Key Developments (Source: Significant Developments)

Shanghai Electric Group Says Thvow Technology Approved To Transfer 100% Stake In Thvow Enke
Wednesday, 9 Sep 2020 

Sept 9 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>::THVOW TECHNOLOGY APPROVED TO TRANSFER 100% STAKE IN THVOW ENKE TO PACIFIC MECHATRONIC.ESTIMATED CONSIDERATION OF RMB215.7 MILLION.  Full Article

Shanghai Electric's Unit Plans To Sell Physics Firm For 215.7 Mln Yuan
Wednesday, 9 Sep 2020 

Sept 9 (Reuters) - Shanghai Electric Group Co ltd <601727.SS>::SAYS ITS UNIT PLANS TO SELL PHYSICS FIRM TO CONTROLLING SHAREHOLDER'S SUBSIDIARY FOR 215.7 MILLION YUAN ($31.50 million).  Full Article

Shanghai Electric Group Posts FY Revenue Rmb127,509 Million, Up 26.05%
Tuesday, 31 Mar 2020 

March 31 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>::FY REVENUE RMB127,509 MILLION, UP 26.05%.FY PROFIT ATTRIBUTABLE RMB3,720 MILLION, UP 24.81%.  Full Article

Shanghai Electric Group Updates On Non-Public Issuance Of Corporate Bonds By Controlling Shareholder
Friday, 17 Jan 2020 

Jan 17 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>::INFORMED BY SHANGHAI ELECTRIC (GROUP) CORP 1.12 BILLION A SHARES OF CO PLEDGED, TRANSFERRED TO DESIGNATED SHARES PLEDGE ACCOUNT.AS AT 17 JAN SHANGHAI ELECTRIC (GROUP) CORP HOLDS ABOUT 59.18% OF CO'S SHARES.  Full Article

Shanghai Electric Announces Proposed Capital Contribution To Certain Units By Third-Party Investors
Thursday, 20 Jun 2019 

June 20 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>::SHANGHAI ELECTRIC GROUP CO LTD ANNOUNCES PROPOSED INTRODUCTION OF THIRD-PARTY INVESTORS FOR CAPITAL CONTRIBUTION TO CERTAIN UNIT.SHANGHAI APPROVED IMPLEMENTATION OF MARKET-BASED DEBT-TO-EQUITY CONVERSION BY WAY OF ACCEPTING PROPOSED CASH CAPITAL CONTRIBUTION TO UNITS.ICBC INVESTMENT, BOCOM INVESTMENT AND BOC INVESTMENT TO MAKE CASH CONTRIBUTION OF RMB10 BILLION IN AGGREGATE TO FIVE UNITS OF CO.  Full Article

Shanghai Electric Says 2018 Net Profit Up 13.4 Percent Y/Y
Friday, 29 Mar 2019 

March 29 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>2727.HK::SAYS 2018 NET PROFIT UP 13.4 PERCENT Y/Y.  Full Article

Shanghai Electric Group Says Co Or Electric Finance To Lend Not More Than Rmb1 Bln To SINOMEC
Tuesday, 22 Jan 2019 

Jan 22 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>::COMPANY OR ELECTRIC FINANCE, WILL PROVIDE A LOAN IN AN AMOUNT OF NOT MORE THAN RMB1 BILLION TO SINOMEC FOR A TERM OF ONE YEAR.INTEREST RATE SHALL NOT BE LOWER THAN 10% ABOVE INTEREST RATE AVAILABLE TO COMPANY FOR ITS CAPITAL OBTAINED FROM BANKS.  Full Article

Shanghai Electric Group Says Unit To Transfer 100% Stake In SNJ Valve To SEC
Monday, 10 Dec 2018 

Dec 10 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>::UNIT SEIET APPROVED TO TRANSFER 100% STAKE IN SNJ VALVE TO SEC FOR RMB199.7 MILLION.  Full Article

BRIEF-Shanghai Electric Group Updates On Litigation Involving Co & Unit

* SHANGHAI ELECTRIC GROUP UPDATES ON LITIGATION INVOLVING CO & UNIT SHANGHAI ELECTRIC RONGCHUANG FINANCIAL LEASING