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(000532) LIHE CO.,LTD According to preliminary data, the company’s net profit for 1H 2008 is projected to have decreased by approximately 150% (RMB 16 mln to 19 mln) when compared to the same period in 2007, when net profit was RMB 34,937,590 and EPS was RMB 0.10.The decrease can mainly be attributed to the sharp decline in earnings from investments in securities investment by a subsidiary of the company. Detailed figures regarding the matter can be found in the 2008 Semiannual Report of the company. Board of Directors 2 Jul 2008 Source: Securities Times Date: 3 Jul 2008 CN01/JZ/JL/BT/MM Newsnchina.com |
(600001) HANDAN IRON & STEEL CO.,LTD
An unprecedented major asset reorganization is being planned. Relevant issues related to policy consultation and expert review will be conducted with relevant government authorities following the(600036) CHINA MERCHANTS BANK CO.,LTD
The company has been approved by the China Banking Regulatory Commission to acquire 30 mln shares of Taizhou Merchants Bank Co., Ltd., following which, the company will hold a 10% stake in Taizhou(600198) DATANG TELECOM TECHNOLOGY CO., LTD
The company recently provided guarantees on a RMB 6.9 mln acceptance bill with Bank of Beijing, Zhongguancun Science and Technology Park sub-branch and a RMB 60 mln working capital loan with Huaxia(600048) POLY REAL ESTATE GROUP CO.,LTD
In August 2008, the company sold a total land area of 186,300 sq. meters and realized proceeds of RMB 1.204 bln.