March 25, 2017 11:35 AM ET

Multiline Retail

Company Overview of Shanghai New World Co., Ltd

Company Overview

Shanghai New World Co., Ltd. engages in the commodities retailing, pharmaceutical business, and the provision of hotel services primarily in Shanghai, China. The company operates department stores that offers men's and women's apparels, underwear, cosmetics, jewelries, shoes, watches and glasses, cigarettes and wine, bags, sports equipment, household electrical appliances, computers and mobile phones, audio products, art crafts and children products, among others. It also produces and distributes pharmaceuticals; and operates and manages hotels. The company is based in Shanghai, China.

No. 2-88 Nanjing West Road

Shanghai,  200003

China

1,182 Employees

Phone:

86 21 6358 8888

Fax:

86 21 6358 2185

Key Executives for Shanghai New World Co., Ltd

Shanghai New World Co., Ltd does not have any Key Executives recorded.

Shanghai New World Co., Ltd Key Developments

Shanghai New World Co., Ltd, Board Meeting, Feb 28, 2017

Shanghai New World Co., Ltd, Board Meeting, Feb 28, 2017. Agenda: To discuss and approve the proposal of daily connected transactions with Shanghai New Nandong Projects Management Co., Ltd.; to consider the proposal of applying for bank loan of 2017; and to consider the proposal of appointing Chen Fengming deputy general manager.

Shanghai New World Co., Ltd Provides Earnings Guidance for the Full Year of 2016

Shanghai New World Co. Ltd. provided earnings guidance for the full year of 2016. The company predicts an increase of between 350% and 400% in its net profit belonging to shareholders of the listed company in 2016 compared with that of RMB 52,207,500 in the same period of the year before. The net profit belonging to shareholders of the listed company in 2016 after excluding extraordinary profit and loss will be roughly flat compared with that of RMB 5,145,500 in the same period of the year before.

Shanghai New World Co., Ltd, Board Meeting, Jan 03, 2017

Shanghai New World Co., Ltd, Board Meeting, Jan 03, 2017. Agenda: To discuss and approve issues including the proposal of outward investment and cooperation establishment of investment management company and establishing investment enterprise (Limited Partnership) by wholly-owned subsidiary; to consider the proposal of newly opening special account for raised funds; and to consider the proposal of changing some directors.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 29, 2016
Shanghai New Nandong Project Management Company
Private Placement
April 13, 2016
Shanghai New World Investment Advisory Co., Ltd.
 

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