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1. Shanxi Lu'an Environmental Energy to integrate 10 coal assets
Shanxi Lu'an Environmental Energy Development Co<601699>, a major subsidiary of Lu'an Group, plans to combine ten small collieries by spending RMB 247 million to launch two joint ventures in Shanxi Province, sources reported.The Shanghai-listed firm intends to invest RMB 191 million in one of the JVs...
19 Nov 2009
2. Daqin Railway to raise RMB 16.5 bln via share placement
Daqin Railway Co Ltd<601006>, the first domestically listed railway company in China, on Thursday announced that it aims to raise up to RMB 16.5 billion via a share placement to acquire parent's railway assets valued at around RMB 32.8 billion, sources reported.The company said in a statement filed with the...
13 Nov 2009
3. Citychamp Dartong inks RMB 488-mln property sales contract
A Beijing subsidiary of Citychamp Dartong Co Ltd<600067>, a real estate developer also engaged in the enameled-wire business, on Tuesday sold a property project in Chongwen District, Beijing to a coal firm based in Shanxi Province for RMB 488.08 million, sources reported.The property project will have a gross...
13 Nov 2009
4. Beijing Capital Dev't announces JV plans, posts Q3 results
Beijing Capital Development Co Ltd<600376>, a real estate developer, on Wednesday announced that it intends to team up with two firms to set up a joint venture in Taiyuan, the capital of Shanxi Province, sources reported.The Shanghai-listed company will invest RMB 174 million to hold a 58% stake in the JV...
6 Nov 2009
5. Shanxi plans group listings for 5 local major coal producers
The North China's Shanxi Province, whose coal output accounts for one third of the country's total, plans to list its five major coal groups by 2015, according to a plan recently released by the local government.The five coal groups, whose coal output accounts for more than 50% of the province's total
27 May 2009
6. Shanxi Securities submits listing application
Shanxi Securities Co has submitted an application to the China Securities Regulatory Commission (CSRC), the country's securities watchdog, for an initial public offering on the Chinese stock market, the Caijing Magazine reported. An unnamed source said that the brokerage has assigned CITIC Securities Co Ltd<600030>
26 May 2009
7. Shanghai Electric to issue RMB 2 bln in 5-year notes
Shanghai Electric (Group) Corp, the parent company of Shanghai Electric Group Co Ltd<601727><2727>, one of China's largest mechanical and electrical equipment manufacturers, plans to issue RMB 2 billion in five-year medium-term notes on the interbank market on May 25, according to a statement released by the
19 May 2009
8. ShaanXi Provincial Natural Gas to invest in new projects
ShaanXi Provincial Natural Gas Co Ltd<002267>, a subsidiary of Shaanxi Provincial Investment Group Co, announced that it has earmarked RMB 860 million for 30 fixed asset investment projects in 2009 at the general meeting of stockholders on Apr. 29. The 30 projects include 10 planned projects, 9 new projects
5 May 2009
9. Shanxi Jincheng Anthracite Mining to issue RMB 1 bln in bills
Shanxi Jincheng Anthracite Mining Group Co Ltd, an important coal base controlled by the State-owned Assets Supervision and Administration Commission of Shanxi Province, announced on Monday that on May. 5 it will issue RMB 1 billion in financing bills with a maturity of 365 days.
27 April 2009
10. CNPC to launch RMB 23-bln ethylene project
China National Petroleum Corporation (CNPC), the country's largest integrated oil and gas company, intends to team up with Shaanxi Yanchang Petroleum (Group) Co Ltd to build an ethylene plant worth RMB 23 billion, sources reported.The new plant will be located in Yan'an City, Shaanxi Province and will produce
27 April 2009
11. Shanxi approves metallurgical industry stimulus plan
The Shanxi provincial government last week approved a stimulus plan for the metallurgical industry in the province, the First Financial Daily reported.Under the stimulus plan, the existing over 200 iron and steel enterprises in Shanxi, Northwest China, will be consolidated to around 10 large firms so as to enhance
22 April 2009
12. Shanxi Lu'an targets RMB 16.47-bln operating revenue for 2009
Shanxi Lu'an Environmental Energy Development Co Ltd<601699>, principally engaged in exploration, production and sales of coal, intends to reach RMB 16.47 billion in operating revenue and RMB 12.43 billion in operating costs this year, sources reported.
2 April 2009
13. Shanxi Taigang Stainless Steel to issue financing bills
Shenzhen-listed Shanxi Taigang Stainless Steel Co Ltd<000825> plans to issue RMB 2 billion worth of one-year financing bills on the interbank market on Apr. 2, according to China Government Securities Depository Trust & Clearing Co Ltd, sources reported.The yield will be determined in the process of book
31 March 2009
14. Shanxi to invest RMB 180 bln in coal industry
North China's Shanxi Province plans to invest a total of RMB 180 billion in the development of the local coal industry within the next two years, according to a proposal offered at the Shanxi Provincial Coal Industry Forum, sources reported.The province will make efforts to stimulate domestic coal consumption, upgrade
27 March 2009
15. Shanxi Xishan Coal and Electricity net profit up 171.27% in 2008
Shanxi Xishan Coal and Electricity Power<000983>, which has the biggest domestic coking coal manufacturing base in China, released its annual report for 2008 on Tuesday evening, which showed its net profit surged 171.27% to RMB 3.49 billion from a year earlier, sources reported.
12 March 2009
16. Shanxi Int'l Electricity to acquire 5% stake in TEC
Shanxi International Electricity Group Ltd Co plans to acquire a 5% stake in Top Energy Company Ltd Shanxi (TEC)<600780> from the listed company's shareholders, sources reported.According to a
6 Feb 2009
17. Guoyang New Energy's profit sees surge of up to 200% in 2008
Shanxi Guoyang New Energy Co Ltd (GYNE)<600348> announced on Feb. 2 that its profit last year may have gained between 150% to 200% year on year. On Oct. 15, 2008, GYNE estimated the profit would increase 100% to 150%, but it modified the figures yesterday because income tax declined from 33% to
3 Feb 2009
18. Shaanxi to build 5.97 mln sq m of affordable houses in 2009
China's Shaanxi Province plans to spend RMB 6.4 billion on affordable housing projects this year in a bid to ensure abundant apartment supply for low-income families, sources reported.A total of 5.97 million square meters of affordable houses will be build this year, the provincial government said, adding that it
9 Jan 2009
19. Shanxi province to invest RMB 31 bln in power grid
Shanxi province, a coal-rich province in North China, will invest RMB 31 billion on power grid construction from 2009 to 2011. The money will mainly be invested in the construction of UHV grid and 500KV main grid, as well as transformer station upgrade.Meanwhile, 11 transmit and transformer construction projects,
9 Jan 2009
20. Shanxi Coking Coal to issue RMB 1.4 bln medium-term notes
Shanxi Coking Coal Group Co Ltd, parent of the country's largest publicly traded coke producer Shanxi Coking Co Ltd<600740>, will issue RMB 1.4 billion five-year notes on the interbank market on Jan. 13, sources reported. The company said in a statement that the coupon rate of the notes will be determined
7 Jan 2009
 
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