Sumec Corp Ltd (600710.SS)

600710.SS on Shanghai Stock Exchange

21 Mar 2018
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Latest Key Developments (Source: Significant Developments)

Sumec sees FY 2017 net profit up about 66 pct
Thursday, 18 Jan 2018 

Jan 18(Reuters) - Sumec Corp Ltd <600710.SS>:Sees FY 2017 net profit to increase by about 66 percent .Says FY 2016 net profit was 206.7 million yuan .Says increased income from newly acquired firm is the main reason for the forecast.  Full Article

Sumec Corporation says spin off controlling textile unit in Jiangsu
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Sumec Corp Ltd <600710.SS> ::Says its controlling textile subsidiary will be spin off into three companies.The textile company will survive and engaged in clothing business and the other two companies will be engaged in household item sector and school uniform sector respectively .  Full Article

Changlin changes company name to Sumec Corporation
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - Sumec Corp Ltd <600710.SS> ::* Says it changed company name to Sumec Corporation Limited from Changlin Company Limited.  Full Article

Changlin says division of Jiangsu-based controlling hardware tool unit
Thursday, 17 Aug 2017 

Aug 17 (Reuters) - Changlin Co Ltd <600710.SS> ::* Says its controlling hardware tool subsidiary has been divided into a hardware tool company and a new energy company .  Full Article

Machinery maker Changlin gets regulatory approval to acquire assets
Thursday, 22 Sep 2016 

Changlin Co Ltd <600710.SS> :Says it gets securities regulator's approval to acquire assets.  Full Article

Changlin adjusts asset swap for stake acquisition and fund raising plan
Saturday, 30 Apr 2016 

Changlin Co Ltd:To divest all assets and liabilities and issue new shares in exchange for 100 pct stake in SUMEC Inc.To issue 303,521,199 shares and 136,699,895 shares at 6.49 yuan per share respectively to China National Machinery Industry Corporation and Jiangsu-based agricultural reclamation group.Says the discrete value of the intake asset is valued at 4.44 bln yuan and that of the divesting asset is 1.58 bln yuan.To issue up to 226,244,340 shares at 6.63 yuan per share through private placement, to raise up to 1.5 bln yuan.  Full Article

Changlin announces it listing stock shall be suspended
Thursday, 14 Apr 2016 

Changlin Co Ltd:The listing of its stocks shall be suspended or terminated effective from April 20.  Full Article

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