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Last $0.18 SGD
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HYNG On Other Exchanges
As of 10:45 PM 08/2/15 All times are local (Market data is delayed by at least 15 minutes).

hengyang petrochemical logis (HYNG) Snapshot

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hengyang petrochemical logis (HYNG) Details

Hengyang Petrochemical Logistics Limited, an investment holding company, provides logistics services to the petrochemical industry in the People’s Republic of China. It operates through Service, Transportation, and Development Stage segments. The company offers storage and transportation services for various liquid and gas petrochemicals products, such as acetic acid, phenol, acetone, styrene, methanol, monoethylene glycol, propane, butane, butadiene, fuel oil, and base oil. It has approximately 49 storage tanks with an aggregate storage capacity of 139,600 cubic meters. In addition, the company engages in the storage, dispatch, and drumming of liquid petrochemical products; land transportation of petrochemical products; and management of ports terminals. The company was founded in 2002 and is based in Jiangyin, the People’s Republic of China. Hengyang Petrochemical Logistics Limited is a subsidiary of Foreversun Holdings Co., Ltd.

Founded in 2002

hengyang petrochemical logis (HYNG) Top Compensated Officers

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hengyang petrochemical logis (HYNG) Key Developments

Hengyang Petrochemical Logistics Limited Appoints Wang Weizhong as Chief Operating Officer

Hengyang Petrochemical Logistics Limited appointed Wang Weizhong as Chief Operating Officer. The management of the group decided to appoint Mr. Wang Weizhong as the Chief Operating Officer of the group after reviewing his extensive experience, qualifications and knowledge particularly in the petrochemical logistics industry in China. The Board, after taking into consideration the management's recommendation on Mr. Wang Weizhong's appointment, is of the view that Mr. Wang Weizhong will contribute to the growth of the group’s business and to the well-being of the group. Mr. Wang Weizhong will be responsible for the day-to-day operations and sales and marketing of the group. He was Deputy General Manager of High Hope Zhongding Corporation from 2012 to 2014 and was Chief Operating Officer of Hengyang Petrochemical Logistics Limited from 2009 to 2011. The effective date is June 19, 2015.

Hengyang Petrochemical Logistics Limited Reports Unaudited Group Earnings Results for the First Quarter Ended March 31, 2015

Hengyang Petrochemical Logistics Limited reported unaudited group earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenue of RMB 47,715,000 against RMB 53,047,000 a year ago. Loss before income tax was RMB 7,041,000 against profit before income tax of RMB 2,549,000 a year ago. Loss attributable to owners of the parent was RMB 5,506,000 or 2.71 cents per basic and diluted share against profit attributable to owners of the parent of RMB 44,000 or 0.02 cents per basic and diluted share a year ago. Net cash from operating activities was RMB 4,696,000 against net cash out flow from operating activities of RMB 1,095,000 a year ago. Acquisition of property, plant and equipment were RMB 28,218,000 against RMB 144,915,000 a year ago. Net asset value per ordinary share was 201.1 cents against 203.8 cents a year ago.

Hengyang Petrochemical Logistics Limited, Annual General Meeting, Apr 22, 2015

Hengyang Petrochemical Logistics Limited, Annual General Meeting, Apr 22, 2015., at 10:00 Singapore Standard Time. Location: Tulip Room, Level 1. Agenda: To receive and adopt the audited financial statements of the company for the financial year ended 31 December 2014, together with the reports of the directors and auditors thereon; to re-elect the directors; to approve the payment of director’s fees of SGD 255,700 for the year ending December 31, 2015; to re-appoint BDO LLP as auditor of the company for the financial year ending 31 December 2015 and to authorize the directors of the company to fix their remuneration; to consider share issue mandate; to consider shareholders' mandate for interested person transactions; and to transact any other ordinary business that may properly be transacted at an Annual General Meeting.


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