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Shanghai Aerospace Automobile Electromechanical Co Ltd (600151.SS)

600151.SS on Shanghai Stock Exchange

4.21CNY
8:01am IST
Change (% chg)

¥-0.09 (-2.09%)
Prev Close
¥4.30
Open
¥4.32
Day's High
¥4.41
Day's Low
¥4.14
Volume
7,122,216
Avg. Vol
8,495,933
52-wk High
¥8.57
52-wk Low
¥4.06

Latest Key Developments (Source: Significant Developments)

Shanghai Aerospace Automobile Electromechanical to close down Shanghai branch
Friday, 19 Jan 2018 

Jan 19(Reuters) - Shanghai Aerospace Automobile Electromechanical Co Ltd <600151.SS>:Says it plans to close down a Shanghai-based branch, which is mainly engaged in production of automobile air conditioning blower motor and cooling fan .Says it will sell the branch's fixed assets.  Full Article

Shanghai Aerospace Automobile to sell power firm stake, JV to sell MILIS ENERGY
Friday, 20 Oct 2017 

Oct 20 (Reuters) - Shanghai Aerospace Automobile Electromechanical Co Ltd <600151.SS>:Says it plans to sell 75 percent stake in power firm for at least 265.5 million yuan ($40.11 million).Says JV TRP PVE B.V. plans to sell MILIS ENERGY SOCIETA AGRICOLA S.R.L. for at least 47 million euros ($55.50 million) to ENEL F2I SOLARE ITALIA S.P.A..Says it plans to boost Hong Kong unit's capital by $151.7 million to support the purchase of stake in South Korea's Erae Automotive System.Says it plans to sell six solar power firms.  Full Article

Shanghai Aerospace Automobile Electromechanical to sell power firms with value totalling 344.2 mln yuan
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - Shanghai Aerospace Automobile Electromechanical Co Ltd <600151.SS>:Says it plans to boost photovoltaic project firms' capital by a combined 157 million yuan ($23.85 million).Says it plans to sell seven power firms valued a total of 344.2 million yuan.  Full Article

Shanghai Aerospace Automobile Electromechanical to sell project companies
Thursday, 13 Oct 2016 

Shanghai Aerospace Automobile Electromechanical Co Ltd <600151.SS>: Says it resolved to sell three photovoltaic power units .Says transaction price valued at 293 million yuan in total.  Full Article

Shanghai Aerospace Automobile Electromechanical to sell shares in Guotai Junan
Monday, 22 Aug 2016 

Shanghai Aerospace Automobile Electromechanical Co Ltd <600151.SS> :Says it plans to sell entire 10.3 million shares in Guotai Junan <601211.SS> in next six months.  Full Article

Shanghai Aerospace Automobile Electromechanical expects to post 96 mln yuan net profit in 2016 H1
Monday, 25 Jul 2016 

Shanghai Aerospace Automobile Electromechanical Co., Ltd. <600151.SS>: Says it expects 2016 H1 net profit of 96 million yuan, to be out of the red compared with 2015 H1 . Says 2015 H1 net loss of 12.3 million yuan .Says increased revenue from photovoltaic business and equity investment income are the main reasons for the forecast.  Full Article

Shanghai Aerospace Automobile Electromechanical completes private placement of 2.03 bln yuan
Monday, 25 Jul 2016 

Shanghai Aerospace Automobile Electromechanical Co., Ltd. <600151.SS>:Says it completes the issue of 184.1 million A shares at 11.05 yuan per share, for 2.03 billion yuan via private placement.  Full Article