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Ningbo Shanshan Co Ltd (600884.SS)

600884.SS on Shanghai Stock Exchange

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Tue, Jan 16 2018

BRIEF-Ningbo Shanshan's Energy Unit Plans High Density Lithium Battery Material Project

* SAYS ENERGY UNIT PLANS HIGH DENSITY LITHIUM BATTERY MATERIAL PROJECT WITH ACCUMULATIVE INVESTMENT FOR AT LEAST 5.0 BILLION YUAN ($777.21 million) Source text in Chinese: http://bit.ly/2mIB6qQ Further company coverage: ($1 = 6.4333 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

BRIEF-Ningbo Shanshan Sells 9.13 Million Shares In Bank Of Ningbo

* SAYS IT HAS SOLD 9.13 MILLION SHARES IN BANK OF NINGBO Co Ltd ON DEC 20-21, OBTAINS INVESTMENT GAINS OF ABOUT FOR 156.2 MILLION YUAN ($23.72 million)

BRIEF-Ningbo Shanshan sees Q1 to Q3 of FY 2017 net profit up 50 pct to 60 pct

* Says it sees net profit for FY 2017 Q1 to Q3 to increase 50 percent to 60 percent

BRIEF-Ningbo Shanshan's unit to boost new material subsidiary's capital by 930 mln yuan

* Says unit plans to boost new material subsidiary's capital by 930 million yuan ($140.54 million)

BRIEF-Ningbo Shanshan's H1 profit up 51.5 pct, plans commercial paper issue, battery materials project

* Says H1 net profit up 51.5 percent y/y at 339.0 million yuan ($50.74 million)

BRIEF-Ningbo Shanshan expects H1 net profit to rise 40-60 pct y/y

* Says it expects H1 net profit to rise 40-60 percent y/y versus net profit of 209.5 million yuan ($31.03 million) year ago

BRIEF-Ningbo Shanshan acquires A-share in China Molybdenum via private placement

* Says it acquired 1.8 billion yuan worth of A-share in China Molybdenum via private placement

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