Edition:
India

Gd Power Development Co Ltd (600795.SS)

600795.SS on Shanghai Stock Exchange

2.51CNY
19 Jul 2019
Change (% chg)

¥0.02 (+0.80%)
Prev Close
¥2.49
Open
¥2.50
Day's High
¥2.52
Day's Low
¥2.49
Volume
39,213,060
Avg. Vol
65,129,867
52-wk High
¥2.98
52-wk Low
¥2.25

Latest Key Developments (Source: Significant Developments)

BRIEF-Gd Power's Coal-Fired Power Tariffs Reduced By 0.0107 Yuan Per KWH From July 1
Friday, 12 Jul 2019 

Adds bullet:SAYS COAL-FIRED POWER TARIFFS HAVE BEEN REDUCED BY 0.0107 YUAN ($0.0016) PER KWH, EFFECTIVE FROM JULY 1.SAYS IT EXPECTS REVENUE TO DECREASE BY 187 MILLION YUAN DUE TO THE POWER TARIFF CUT.  Full Article

GD Power Development Says Q1 Net Profit Up 6.75 Percent Y/Y
Friday, 26 Apr 2019 

April 26 (Reuters) - GD Power Development Co Ltd <600795.SS>::SAYS Q1 NET PROFIT UP 6.75 PERCENT Y/Y.  Full Article

GD Power And Unit Plan To Sell Partial Power Assets And Creditors' Rights
Monday, 25 Feb 2019 

Feb 25 (Reuters) - GD Power Development Co Ltd <600795.SS>::SAYS IT AND UNIT PLAN TO SELL PARTIAL POWER ASSETS AND CREDITORS' RIGHTS FOR A COMBINED 2.9 BILLION YUAN ($434.02 million).  Full Article

GD Power Development to pay 2017 A shares dividend on July 10
Tuesday, 3 Jul 2018 

July 3(Reuters) - GD Power Development Co Ltd <600795.SS>:Says it will pay a cash dividend of 0.08 yuan per share (before tax) for 2017, to shareholders of A shares recorded on July 9.Says the company's shares will be traded ex-right and ex-dividend on July 10 and the dividend will be paid on July 10 .  Full Article

GD Power's Q1 Net Profit Up 18.3 Pct Y/Y
Wednesday, 25 Apr 2018 

April 25 (Reuters) - GD Power Development Co Ltd <600795.SS>::SAYS Q1 NET PROFIT UP 18.3 PERCENT Y/Y.  Full Article

GD Power's Prelim 2017 Net Profit Down 53.2 Pct Y/Y
Friday, 2 Mar 2018 

March 2 (Reuters) - GD Power Development Co Ltd <600795.SS>::SAYS PRELIM 2017 NET PROFIT DOWN 53.2 PERCENT Y/Y AT 2.1 BILLION YUAN ($331.10 million).  Full Article

China Shenhua Energy Says Co And GD Power Entered JV Agreement
Thursday, 1 Mar 2018 

March 1 (Reuters) - China Shenhua Energy Co Ltd <601088.SS>::COMPANY AND GD POWER ENTERED INTO JOINT VENTURE AGREEMENT..GD POWER PROPOSES TO CONTRIBUTE EQUITIES AND ASSETS OF RELEVANT COAL-FIRED POWER GENERATION COMPANIES HELD BY GD POWER.COMPANY PROPOSES TO CONTRIBUTE EQUITIES AND ASSETS OF RELEVANT COAL-FIRED POWER GENERATION COMPANIES HELD BY COMPANY..CHINA SHENHUA ENERGY CO- VALUE OF SHENHUA CONTRIBUTED ASSETS IS RMB27,709.8369 MILLION, & VALUE OF GD CONTRIBUTED ASSETS IS RMB37,449.2712 MILLION TO JVC​.GD POWER WILL HOLD 57.47% OF EQUITY INTERESTS IN JOINT VENTURE COMPANY, AND COMPANY WILL HOLD 42.53%.VALUE OF SHENHUA CONTRIBUTED ASSETS IS RMB27,709.8369 MILLION, AND VALUE OF GD CONTRIBUTED ASSETS IS RMB37,449.2712 MILLION..  Full Article

GD Power Development's 9-month net profit down 51.1 pct y/y
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - GD Power Development Co Ltd <600795.SS>:Says 9-month net profit down 51.1 percent y/y at 2.3 billion yuan ($346.18 million).  Full Article

GD Power Development and unit to acquire stake in 12 firms held by Xinjiang-based electric power unit
Monday, 25 Sep 2017 

Sept 25(Reuters) - GD Power Development Co Ltd <600795.SS>:Says it and its wholly owned new energy development unit will acquire entire stake in 12 firms held by its Xinjiang-based wholly owned electric power unit, for 2.42 billion yuan in total, as a part of internal asset integration .Says it will acquire 100 percent stake and 51 percent stake in energy sales firm and wind power firm respectively, from its wholly owned Anhui-based electric power unit, for 339.5 million yuan, as a part of internal asset integration .Says it will acquire 51 percent stake in power generation firm .Says it will issue corporate bonds worth up to 8 billion yuan, with a term of up to 10 years .  Full Article

GD Power, China Shenhua Energy to form JV with combined assets of 66.7 bln yuan
Monday, 28 Aug 2017 

Aug 28 (Reuters) - GD Power Development Co Ltd <600795.SS>, China Shenhua Energy <601088.SS><1088.HK>:Say they plan to combine coal-fired power assets and equities to form a joint venture.GD Power Development says its assets for merge worth about 37.4 billion yuan ($5.65 billion), China Shenhua energy's assets for merge worth 29.3 billion yuan.GD Power Development says it will be controlling shareholder for the new JV.  Full Article