Last $0.60 HKD
Change Today -0.01 / -1.64%
Volume 494.0K
505 On Other Exchanges
Hong Kong
As of 3:01 AM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

xingye copper intl group ltd (505) Snapshot

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08/18/14 - $0.84
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xingye copper intl group ltd (505) Details

Xingye Copper International Group Limited, an investment holding company, manufactures, sells, and trades in high precision copper plates and strips. The company’s products include high precision tin phosphorous bronze plates and strips, brass plates and strips, lead frame strips, nickel silver plates and strips, beryllium copper plates and strips, and red copper plates and strips. It is also involved in the trading of raw materials; machinery repair and maintenance; equity investment and portfolio management; and the provision of processing services, as well as property holding activities. The company sells its products under the Three Rings name. Xingye Copper International Group Limited was founded in 1998 and is headquartered in Ningbo, China.

1,253 Employees
Last Reported Date: 09/24/14
Founded in 1998

xingye copper intl group ltd (505) Top Compensated Officers

Total Annual Compensation: CNY437.0K
Chief Operating Officer, Executive Director a...
Total Annual Compensation: CNY840.0K
Deputy Chairman
Total Annual Compensation: CNY599.0K
Vice General Manager, Executive Director and ...
Total Annual Compensation: CNY805.0K
Compensation as of Fiscal Year 2013.

xingye copper intl group ltd (505) Key Developments

Xingye Copper International Group Ltd Announces Executive Changes

Xingye Copper International Group Ltd. announced the resignation of Mr. Chen Jianhua as the chief executive officer of the company with effect from 17 November 2014 due to the fact that he will devote more time in supervisory work for the Group. Mr. Chen will remain as the executive Director. Following the resignation, the Board further announced that Mr. Hu Minglie was appointed as the Chief Executive Officer and an executive Director with effect from 17 November 2014.

Xingye Copper International Group Ltd Reports Unaudited Consolidated Earnings for the Six Months Ended June 30, 2014

Xingye Copper International Group Ltd. reported unaudited consolidated earnings for the six months ended June 30, 2014. For the six months, the company reported revenue of RMB 1,667,383,000 compared with RMB 1,624,238,000 for the same period a year ago. Profit before tax was RMB 10,877,000 compared with RMB 31,186,000 for the same period a year ago. Profit for the period attributable to owners of the company was RMB 7,786,000 or 1.11 RMB cents per basic and diluted share compared with RMB 23,148,000 or 3.31 RMB cents per basic and diluted share for the same period a year ago. The increase in the revenue was mainly attributable to the sales volume in the first half of the year had increased by 11.7% to 49,953 tonnes from 44,708 tonnes of the corresponding period last year, which was partially offset by decrease in copper prices. For the six months ended 30 June 2014, the Group has invested approximately RMB 241.0 million or purchase of property, plant and equipment. These capital expenditures were financed by bank borrowings.

Xingye Copper International Group Ltd to Report First Half, 2014 Results on Aug 22, 2014

Xingye Copper International Group Ltd announced that they will report first half, 2014 results on Aug 22, 2014


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