China Resources Wandong Medical Equipment Co Ltd (600055.SS) Key Developments

China Resources Wandong Medical Equipment Co Ltd:Amended its private placement plan of issuing up to 24,957,459 shares at no less than 35.26 yuan per share through private placement.New plan is to issue up to 24,985,803 new shares at no less than 35.22 yuan per share. Full Article

China Resources Wandong Medical Equipment Co Ltd:To pay cash dividend of 0.4 yuan per 10 shares (before tax) to shareholders of record on July 22 for 2014.The company's shares will be traded ex-right and ex-dividend on July 23 and the dividend will be paid on July 23. Full Article

China Resources Wandong Medical Equipment Co Ltd:Sees net profit for the H1 2015 to increase 70 pct to 80 pct.The net profit of the same period in 2014 was 10.90 mln yuan.Comments that increased operating income as the main reason for the forecast. Full Article

China Resources Wandong Medical Equipment Co Ltd:Appoints Xie Yufeng as general manager of the company. Full Article

China Resources Wandong Medical Equipment Co Ltd:To issue up to 24,957,459 A shares of its common stock through private placement, at no less than 35.26 yuan per share.To raise up to 880 million yuan in total.The proceeds raised will be used for bank loan repayment, supplement of working capital and parts projects. Full Article

China Resources Wandong Medical Equipment Co Ltd:Jiangsu-based technological development company is holding 51.51 pct stake in the company and became controlling shareholder. Full Article

China Resources Wandong Medical Equipment Co Ltd:To pay cash dividend of 0.4 yuan per 10 shares (before tax) to all shareholders for 2014. Full Article

China Resources Wandong Medical Equipment Co Ltd:Announced tender offer by Jiangsu-based technological development company for 104,949,000 shares (48.49 pct) of the company, at price of 11.34 yuan per share or up to 1,190,121,660 yuan in total, from Feb. 26 to March 27.Says this due to stake acquisition of 51.51 pct stake in the company by the Jiangsu-based company from controlling shareholder of the company that is a Beijing-based pharmaceutical group company, at planned price of 1,142,227,395 yuan in total. Full Article

China Resources Wandong Medical Equipment Co Ltd:Changed the accounting policy according to new standards released by Ministry of Finance on July 1. Full Article

China Resources Wandong Medical Equipment Co Ltd:To sell fixed assets to finance 50 million yuan for working capital supplement.To lease back the fixed assets with a term of one year. Full Article