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Xiamen King Long Motor Group Co Ltd (600686.SS)

600686.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Xiamen King Long Motor Group to pay A shares div for FY 2017 on July 16
Monday, 9 Jul 2018 

July 9 (Reuters) - Xiamen King Long Motor Group Co Ltd <600686.SS> ::* Says it will pay cash dividend of 0.10 yuan(before tax)/A share for 2017 to shareholders of record on July 13.* The company's shares will be traded ex-right and ex-dividend on July 16 and the dividend will be paid on July 16.  Full Article

Xiamen King Long Motor Plans To Raise Up To 1.7 Bln Yuan In Share Private Placement
Thursday, 31 May 2018 

May 31 (Reuters) - Xiamen King Long Motor Group Co Ltd <600686.SS>::SAYS IT PLANS TO RAISE UP TO 1.7 BILLION YUAN ($265.31 million) IN SHARE PRIVATE PLACEMENT TO FUND ACQUISITION, PROJECTS.SAYS SHARE TRADE TO RESUME ON JUNE 1.  Full Article

Xiamen King Long Motor Returns To Profit In Q1, 2017
Saturday, 28 Apr 2018 

April 28 (Reuters) - Xiamen King Long Motor Group Co Ltd <600686.SS>::SAYS IT RETURNS TO NET PROFIT OF 478.9 MILLION YUAN ($75.63 million) IN 2017 VERSUS NET LOSS OF 718.6 MILLION YUAN YEAR AGO.SAYS IT RETURNS TO NET PROFIT OF 0.38 MILLION YUAN IN Q1 VERSUS NET LOSS OF 53.22 MILLION YUAN YEAR AGO.  Full Article

Xiamen King Long Motor's President Resigns, Plans Debt-Financing Instruments
Friday, 30 Mar 2018 

March 30 (Reuters) - Xiamen King Long Motor Group Co Ltd <600686.SS>::SAYS IT PLANS TO ISSUE UP TO 4.5 BILLION YUAN ($716.69 million) DEBT-FINANCING INSTRUMENTS.SAYS PRESIDENT XIE SIYU RESIGNS DUE TO CHANGE IN JOB ROLE.SAYS IT PLANS TO ISSUE ASSET-BACKED SECURITIES WORTH UP TO 1.5 BILLION YUAN.  Full Article

Xiamen King Long Motor Group units obtain high-tech enterprise recognition again and to enjoy tax preference
Friday, 5 Jan 2018 

Jan 5 (Reuters) - Xiamen King Long Motor Group Co Ltd <600686.SS>:Says Xiamen-based automobile industry unit and estate car unit were recognized as high-tech enterprises and could enjoy a tax preference of 15 percent, from 2017 to 2019 .  Full Article

Xiamen King Long Motor Group signs strategic cooperation agreement with State Grid Corporation of China
Wednesday, 6 Dec 2017 

Dec 6(Reuters) - Xiamen King Long Motor Group Co Ltd <600686.SS> ::Says it signed a strategic cooperation agreement with State Grid Corporation of China, to improve the competitiveness of products and expand the market.  Full Article

Xiamen King Long Motor's coach sales down 7.8 pct y/y in Nov
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Xiamen King Long Motor Group <600686.SS>::SAYS IT SOLD 5,572 COACHES IN NOV, DOWN 7.8 PERCENT Y/Y.  Full Article

Xiamen King Long Motor Group issues 500 mln yuan worth of commercial paper
Monday, 8 Aug 2016 

Xiamen King Long Motor Group Co., Ltd. <600686.SS>: Says it issues third tranche of 2016 super short-term financing bills worth 500 million yuan . Says the bills with a term of 120 days and an interest rate of 2.76 percent .Says the maturity date of Dec. 1.  Full Article

Xiamen King Long Motor Group issues 500 mln yuan worth of commercial paper
Monday, 8 Aug 2016 

Xiamen King Long Motor Group Co., Ltd. <600686.SS>: Says it issues second tranche of 2016 super short-term financing bills worth 500 million yuan . Says the bills with a term of 270 days and an interest rate of 2.8 percent .Says the maturity date of April 30, 2017.  Full Article

BRIEF-Xiamen King Long Motor's Coach Sales Up 5.0 Percent Y/Y in Feb

* SAYS IT SOLD 2,307 COACHES IN FEB, UP 5.0 PERCENT Y/Y Source text in Chinese: http://bit.ly/2FvB8cW Further company coverage: (Reporting by Hong Kong newsroom)