Nanjing Panda 0553

[winston]

not vested

Trading of NANJING PANDA (00553.HK) remains suspended
2014-07-09

NANJING PANDA (00553.HK) reported the restructuring plan requires further verification, communication and consultation, and the the work of due diligence, audit and evaluation conducted by the intermediaries have not yet been completed, thus trading of shares of the company will remain suspended.

Source: AAStocks Financial News

[winston]

not vested

<Resumption Ann>NANJING PANDA (00553.HK) raises stake in Shenzhen Jingwah for $63.46M

NANJING PANDA (00553.HK) announced the company and Panda Electronics Group Limited (PEGL, the controlling shareholder of the company) entered into the Equity Transfer Agreement, pursuant to which the company proposed to acquire 5.07% equity interest in Shenzhen Jingwah Electronics Co., Ltd. at the cash consideration of RMB50.37 million (approximately HK$63.46 million).

Upon completion, the company will directly hold 43.1% stake in the Shenzhen Jingwah.

The stock has applied for trading resumption this morning.

Source: AAStocks Financial News

[winston]

vested

<On Resumption>NANJING PANDA (00553.HK) soars on equity transfer agreement

NANJING PANDA (00553.HK) registered a huge gain today, as it was last $5.18, up approximately 15%, on volume of 72.66 million shares, after it announced the company and Panda Electronics Group Limited (PEGL, the controlling shareholder of the company) entered into the Equity Transfer Agreement, pursuant to which the company proposed to acquire 5.07% equity interest in Shenzhen Jingwah Electronics Co., Ltd. at the cash consideration of RMB50.37 million (approximately HK$63.46 million).

Upon completion, the company will directly hold 43.1% stake in the Shenzhen Jingwah.

Source: AAStocks Financial News

[winston]

not vested

<Result Ann>NANJING PANDA (00553.HK) 1H net profit up 2% to RMB85.11M
Aug 17, 2014

NANJING PANDA (00553.HK) announced that its revenue for the six months of 2014 increased 25.2% year-on-year to RMB1.151 billion.

Net profit grew 1.6% to RMB85.11 million.

Earnings per share was 9.31 fen.

No dividend was declared. ~

Source: AAStocks Financial News

[winston]

not vested

<Resumption Ann>NANJING PANDA Parent Planning Significant Event

NANJING PANDA (00553.HK) announced that Panda Electronics Group Limited (PEGL), the controlling shareholder of the company, is contemplating a significant event in relation to the company which may involve significant assets injection.

As there are material uncertainties with the event, in order to ensure fair disclosure of information and safeguard the interests of investors, trading in the A shares continued to be suspended and the trading in the H shares will be resumed from 9 a.m this morning.

Source: AAStocks Financial News

[winston]

not vested

<Result Ann>NANJING PANDA(00553.HK) Interim Net Profit Down 37.6% to RMB54.654M; Nil Div

NANJING PANDA (00553.HK) announced that for the interim period as of the end of June, the net profit fell 37.63% yearly to RMB54.654 million.

The EPS equaled 5.98 fen; no interim dividend was declared.

Meanwhile, the turnover fell 7.74% yearly to RMB1.503 billion; gross profit fell 10.54% yearly to RMB197 million.

Source: AAStocks Financial News