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weiqiao textile co ltd-h (2698) Details

Weiqiao Textile Company Limited, together with its subsidiaries, manufactures, sells, and distributes cotton yarns, grey fabrics, and denims primarily in Mainland China, Southeast Asia, Hong Kong, East Asia, and internationally. The company’s products include carded, combed, and open-ended spun cotton yarns; grey fabrics, such as plain fabrics, twill weave fabrics, tribute silk series, jacquard series, and khaki drills; and denims comprising cotton, cotton spandex elasticity, cotton dacron elasticity, cotton and bamboo blend, bamboo joint, cotton regenerated cellulose fibers blend, and other denims. It also produces and sells polyester yarn and related products; and trades textile raw materials and products. The company is based in Zouping County, the People’s Republic of China. Weiqiao Textile Company Limited is a subsidiary of Shandong Weiqiao Chuangye Group Company Limited.

69,000 Employees
Last Reported Date: 04/14/16

weiqiao textile co ltd-h (2698) Top Compensated Officers

General Manager
Total Annual Compensation: CNY677.0K
Chairman, Chairman of Nomination Committee an...
Total Annual Compensation: CNY80.0K
Chief Financial Officer and Executive Directo...
Total Annual Compensation: CNY70.0K
Executive Director
Total Annual Compensation: CNY68.0K
Head of the Production Technical Department a...
Total Annual Compensation: CNY56.0K
Compensation as of Fiscal Year 2015.
weiqiao textile co ltd-h
Weiqiao Textile Co. Ltd., Special/Extraordinary Shareholders Meeting, Dec 28, 2016

Weiqiao Textile Co. Ltd., Special/Extraordinary Shareholders Meeting, Dec 28, 2016, at 09:00 China Standard Time. Location: conference hall 401 on the Fourth Floor Company Office Building, No. 1 Wei Fang Road, Economic Development Zone, Zouping County Shandong Province China Agenda: To consider company's entering into of the supply of excess electricity agreement with Shandong Weiqiao Chuangye Group Company Limited on 26 October 2016; to consider the the estimated annual maximum transaction value of the supply of excess electricity by the Company and its subsidiaries to Holding Company and its subsidiaries for each of the three years ending 31 December 2019; and to consider any director of the company be and is hereby authorised to do further acts and things, enter into all such transactions and arrangements, execute such other documents and/or deeds and/or take all such steps, which in their opinion may be necessary, desirable or expedient to implement the Supply of Excess Electricity Agreement and the transactions contemplated there under, and the Annual Caps, with such changes as the Directors may consider necessary, desirable or expedient.

Weiqiao Textile Co. Ltd., Board Meeting, Aug 08, 2016

Weiqiao Textile Co. Ltd., Board Meeting, Aug 08, 2016.

Weiqiao Textile Co. Ltd. Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2016

Weiqiao Textile Co. Ltd. announced unaudited consolidated earnings results for the six months ended June 30, 2016. For the period, the company reported revenue of RMB 4,380,098,000 against RMB 4,859,384,000 a year ago. Profit before taxation was RMB 599,536,000 against RMB 433,206,000 a year ago. Profit attributable to owners of the company was RMB 343,264,000 or RMB 0.29 basic and diluted per share against RMB 313,510,000 or RMB 0.26 basic and diluted per share a year ago. Net cash flows from operating activities were RMB 1,146,278,000 against RMB 1,858,037,000 a year ago. Purchases of items of property, plant and equipment and additions to prepaid land lease payments were RMB 4,041,006,000 against RMB 37,299,000 a year ago.


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