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India

Shandong Jintai Group Co Ltd (600385.SS)

600385.SS on Shanghai Stock Exchange

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Wed, Aug 16 2017

BRIEF-Shandong Jintai Group to dissolve U.S.-based unit CHINA DATA INC

* Says it will dissolve wholly owned U.S.-based unit CHINA DATA INC

BRIEF-Shandong Jintai receives administrative order

* Says co received administrative order from Shandong Bureau of China Securities Regulatory Commission on July 25, as co's shareholder, a Beijing-based science and technology investment firm, didn't disclose the shareholding reduction plan of co's shares in advance and cut stake in the co over 1 percent within three months

BRIEF-Tsinghua Unigroup and partner have bought 5.13 pct stake in Shandong Jintai

* Says Tsinghua Unigroup and its partner acting in concert have bought a combined 5.13 percent stake in the company between Dec 2, 2016 and July 18, 2017

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