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1. Hebei Iron and Steel reduces production 10%
Hebei Iron and Steel Group Co Ltd (HBIS), the country's top steelmaker by output, reduced its production by 10% to weather the sluggish market, the Shanghai Securities News reported.Tian Zhiping, vice president of HBIS, said on sidelines of the Far East Steel 2009 Conference that the Group will not be able
30 April 2009
2. Hebei Jinniu Energy reaps RMB 359-mln profit in Q1
Hebei Jinniu Energy Resources Co Ltd<000937>, engaged in the development of coal mining and processing, posted RMB 359 million in net profit for the first quarter of this year, a year-on-year increase of 0.64%, sources reported.In the period from January to March, the operating revenue of the Shenzhen-listed
22 April 2009
3. BOC to extend RMB 200 bln credit line to Hebei
Bank of China (BOC)<601988><3988>, the nation's second-largest lender, yesterday signed a comprehensive strategic cooperation agreement with Hebei provincial government in Shijiazhuang city, the Shanghai Securities News reported.According to the agreement, BOC will extend a total of RMB 200 billion
22 April 2009
4. Hebei Iron and Steel to issue medium term notes
Hebei Iron and Steel Group Co plans to issue the first batch of the three-year notes worth RMB 2 billion to the institutional investors on the interbank market on Apr. 7, 2009, the Shanghai Securities News reported. The value date of the medium-term notes will be Apr. 8, 2009 and the maturity date will be Apr. 8, 2012.
31 March 2009
5. Jidong Cement to invest RMB 700 mln in Hebei cement projects
Shenzhen-listed Tangshan Jidong Cement Co Ltd<000401> yesterday signed a project agreement with the local government of Jidong County of Hebei Province to build two cement production lines equipped with power generation systems, sources reported.According to agreement, the company will set up a
17 March 2009
6. Hebei Iron and Steel gets 1.2 bln tons in iron ore resources
Hebei Iron and Steel Group Co has received approval from the Hebei Provincial Land and Resources Department to own and operate two iron producing areas in the province, sources reported.According to the documentation, the company will control the Macheng iron-producing area and another one in
10 March 2009
7. Kerry Properties consortium pays RMB 377 mln for land in Hebei
A consortium led by Kerry Properties Ltd<683> and Shangri-La Asia Ltd<69> won a bid for two pieces of undeveloped land worth of RMB 377 million in Tangshan, Hebei Province, according to a statement made by the two real estate firms on Thursday. The two pieces of land have area of about 94,768 square meters
13 Feb 2009
8. Jinniu Energy Resources' net profit surges 233.6% in 2008
Hebei Jinniu Energy Resources Co Ltd<000937> recorded net income of RMB 2.076 billion and major sales revenue of RMB 9.277 billion in 2008, sharply surging 233.6% and 74.98%, respectively, from a year earlier, sources reported.Last year, the Shenzhen-listed company's earnings per share (EPS) reached
10 Feb 2009
9. China Fengfeng Group issues RMB 1 bln corporate bonds
Fengfeng Group, a state-owned coal producer in Hebei province, said in a statement it started to issue RMB 1 billion worth, 5-year corporate bonds, with a fixed annual rate of 6.65%, on the open market from Aug. 28 to Sep.3. Handan Iron & Steel Group Co provides the bond issue with unconditional and
29 Aug 2008
10. China Oriental to strengthen ties with ArcelorMittal
Hebei province-based steelmaker China Oriental Group<581>, the country's largest producer of steel H-beams, said it aims to enhance cooperation with its second-largest shareholder, ArcelorMittal. Han Jingyuan, chairman of China Oriental, said its partnership with ArcelorMittal would enable the company to
21 Aug 2008
11. Dongfeng Motor to invest RMB 200 mln in reproducing base
Dongfeng Motor Corporation, one of China's three largest car manufacturing groups, plans to invest RMB 200 million into the construction of an experimental auto parts reproducing base in central China's Hubei province in three years.Reproducing auto parts is a process of cleaning, repairing and doing surface
28 March 2008
12. Shengjing bank eyes domestic IPO
China Shengjing Bank, formerly a city commercial bank located in Shenyang on Wednesday said it is preparing to launch domestic IPO.The bank's governor Zhang Yukun, also a member of NPC said it has hired Galaxy Securities to deal with the listing plan during a short break when attending the annual
6 March 2008
13. Tianxin Mining announces US$2.407 mln profits in 2007
Tianxin Mining Industry Co., Ltd, one of the leading mining companies in China, said on Thursday that its net profits amounted to US$2.407 million in 2007, as compared with a loss of US$19, 161 in the previous year, according to sources.The total revenue in 2007 hit US$9.612 million, a robust growth compared with
4 Feb 2008
14. China investigates toxic dumplings
Chinese export safety authorities said on Thursday they were looking into the company that produced pesticide-contaminated dumplings which sickened 10 people in Japan. China's General Administration for Quality Supervision, Inspection and Quarantine (AQSIQ) said it has made prompt response to the
1 Feb 2008
15. China to build Beijing-Shijiazhuang express railway
The railway connecting Beijing and Shijiazhuang, the capital of north China's Hebei Province, will start to construct in June this year, and is expected to complete in four years. The project aims to alleviate transport pressure on northern end of Beijing-Guangzhou railway, a north-south trunk route, and enhance
14 Jan 2008
16. CNPC to build manufacturing base in Northeast China
China National Petroleum Corp (CNPC), the nation's top oil supplier, will build a marine equipment manufacturing base in Panjin, a coastal city of the Bohai Sea in Northeast China, sources reported. The base, which involves investment of about RMB 5 billion, will provide services to the ships used for oil
11 Jan 2008
17. PetroChina's Bohai production-support base starts construction
PetroChina<601857><857>, the nation's top oil supplier, launched the construction for its Bohai Bay Production-Support Base in Tangshan, Hebei Province on Dec. 27, sources reported. This project involves an
28 Dec 2007
18. HSBC debuts its 1st rural bank in China
Hong Kong and Shanghai Banking Corporation Limited (HSBC) has inaugurated its first rural bank in China, to become the first foreign bank to tap on China’s rural banking market, according to Xinhua News Report.
13 Dec 2007
19. JA Solar, Shunda inks agreement for wafer supply
JA Solar Holdings Co., Ltd , an emerging China-based manufacturer of performance solar cells announced an agreement with JiangSu Shunda Semiconductor Develop Co., Ltd for a long term supply
11 Sept 2007
20. Baosteel, Hansteel win approval to set up joint venture
Baosteel Group, parent company of Baoshan Iron & Steel Co. Ltd<600019>, and Hansteel Group, parent company of Handan Iron and Steel Co. Ltd<600001> got the approval from China Development and
6 Sept 2007
 
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