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India

Hundsun Technologies Inc (600570.SS)

600570.SS on Shanghai Stock Exchange

49.70CNY
12:29pm IST
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¥0.70 (+1.43%)
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Fri, Mar 9 2018

BRIEF-Hundsun Technologies' Network Technology Unit Unable To Operate Normally

* SAYS NETWORK TECHNOLOGY UNIT'S NET ASSET VALUE IS NOT ENOUGH TO PAY A FINE OF 416.8 MILLION YUAN ($65.84 million) UNDER COURT ORDER

BRIEF-Hundsun Technologies Expects 2017 Net Profit To Rise Up To 2,688.2 Pct Y/Y

* SAYS IT EXPECTS 2017 NET PROFIT TO RISE 2,360.2-2,688.2 PERCENT Y/Y TO ABOUT 450-510 MILLION YUAN($71.12-80.61 million) Source text in Chinese: http://bit.ly/2nlEpne Further company coverage: ($1 = 6.3270 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

BRIEF-Hundsun Technologies' Vice President Xu Changrong Resigns Due To Personal Reasons

* SAYS VICE PRESIDENT XU CHANGRONG RESIGNS DUE TO PERSONAL REASONS Source text in Chinese: http://bit.ly/2lQPfC4 Further company coverage: (Reporting by Hong Kong newsroom)

BRIEF-Hundsun Technologies to set up network technology JV in Zhejiang

* Says it plans to set up a network technology JV with partner, with registered capital of 50 million yuan, in Zhejiang

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