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Last $0.20 HKD
Change Today 0.00 / 0.00%
Volume 0.0
8306 On Other Exchanges
Hong Kong
As of 4:01 AM 05/4/15 All times are local (Market data is delayed by at least 15 minutes).

china nonferrous metals co (8306) Snapshot

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05/26/14 - $0.37
52 Week Low
12/11/14 - $0.16
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china nonferrous metals co (8306) Details

China Nonferrous Metals Company Limited, an investment holding company, is engaged in the mining, processing, and trading nonferrous mineral resources in the People’s Republic of China. The company primarily explores for lead, zinc, and sulphur resources. It is also involved in the trading of derivative financial instruments. The company was formerly known as Sungreen International Holdings Limited and changed its name to China Nonferrous Metals Company Limited in September 2008. The company was founded in 2004 and is headquartered in Wanchai, Hong Kong. China Nonferrous Metals Company Limited is a subsidiary of Ruffy Investments Limited.

290 Employees
Last Reported Date: 03/31/15
Founded in 2004

china nonferrous metals co (8306) Top Compensated Officers

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Executives, Board Directors

china nonferrous metals co (8306) Key Developments

China Nonferrous Metals Company Limited Announces Resignation of Li Chi Chung as Company Secretary with Effect from June 1, 2015

The board of directors of China Nonferrous Metals Company Limited announced that Mr. Li Chi Chung has tendered his resignation as the company secretary of the Company with effect from June 1, 2015.

China Nonferrous Metals Company Limited Provides Update on Litigations Involving Subsidiaries of the Company

China Nonferrous Metals Company Limited informed the shareholders and potential investors on the updated progress of the Lawsuits and Arbitration Cases. On 6 March 2015, the plaintiff to the Arbitration Cases executed an undertaking in favour of First Create, pursuant to which the plaintiff to the Arbitration Cases agreed to release Jiashengpan as a guarantor under the guarantee documents, provided that First Create pays her RMB 20 million before 15 April 2015. As at the date of this announcement, First Create had not paid the plaintiff to the Arbitration Cases the RMB 20 million in accordance with the Undertaking. As informed by Mr. Mei Wei, he is negotiating with the plaintiff to resort to other means of settlement in respect of the Arbitration Cases to avoid any losses incurred by the company, the said settlement amount is remained outstanding at the date of this announcement. As at the date of this announcement, investigations in the Lawsuits and Arbitration Case are still ongoing.

China Nonferrous Metals Company Limited Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2014

China Nonferrous Metals Company Limited reported audited consolidated earnings results for the year ended December 31, 2014. For the period, the company reported revenue of RMB 126,076,000 against RMB 383,283,000 a year ago. The decrease in revenue was mainly attributable to the decrease in the metal trading business to RMB 2.0 million due to the adverse market conditions in 2014. Loss from operations was RMB 163,915,000 against RMB 282,466,000 a year ago. Loss before income tax was RMB 210,687,000 against RMB 328,569,000 a year ago. Loss for the year attributable to owners of the company was RMB 176,080,000 or 10.05 cents per basic and diluted share against RMB 259,140,000 or 14.80 cents per basic share a year ago. Net cash used in operating activities was RMB 143,986,000 compared to RMB 52,566,000 a year ago. Purchase of property, plant and equipment was RMB 7,471,000 compared to RMB 19,941,000 a year ago.


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