Chinalco has 70 million tons of iron ore per year for domestic

Chinalco (601600) 29th entered into a binding agreement with Rio Tinto on the establishment of a joint venture to develop and operate the Simao du Pont project in Guinea.  The two sides expect to produce more than 70 million tonnes of high-grade iron ore each year, once fully operational, and give priority to China's market demand. Under the agreement, Rio Tinto's 95% per cent stake in the SIMAO project will be held by the newly established joint venture company. Chinalco will invest a total of 1.35 billion dollars in the project capital expenditure in the next 2-3 years, and eventually gain a 47% per cent stake in the JV company. Once ...

869 million yuan for West Water stock subscription

West Water shares (600291) announced today to continue to increase investment in Tian an Insurance Co., Ltd.  The fourth session of the Board was considered at the fifth provisional meeting of 2010 and agreed to continue to subscribe to the 1 Yuan/unit price for the day insurance shares, from 336 million to 869 million shares, the total purchase price of 869 million yuan, the subscription ratio from the original 7.73% increase to 20%. According to the previous arrangements, Cheonan insurance This new issue shares 2.172 billion shares, the subscription price of 1 yuan/share, after the increase in shares, days of insurance total equity from about 2.172 billion shares increased to about ...

The investigation of the hanging small property right house

Wrestling with the people's livelihood and law this newspaper reporter Guotao Tao and the central government only spent 2 months on the crackdown on urban real estate speculators in the control of the magic is different, in the past 3 years, the Ministry of Housing and Urban and rural Ministries of construction, land and resources, as well as local authorities on the distribution of small property in the suburbs of the renovation work, but fell into a kind of "hanging"  Type of forced demolition of the mire. May 31, 2010, Beijing Huairou Yangsong Town, known as the "Water Shore Jiangnan" of the 32 antique small property rights in 3 days was razed, this and 3 years ago in Beijing Fangshan District Tsing Lung Lake Town Green ...

Green-View real estate is still to be reorganized

The real estate industry seems to be no longer the focus of the green-view property that awaits the Hna hotel assets.  Although there are 3 items in the first half of the sale, but 30.07 million yuan last year's operating income of 117 million yuan or a significant decline of more than 70%, net profit-27.63 million yuan, also from the surplus to loss. Half a year net loss 27.63 million first half, the green scene real estate has including Guangzhou, Shunde, Nanning and so on 3 items to be sold, realizes the operating income 30.07 million yuan, net profit only then-27.63 million yuan, falls 194.5%, each share earnings-0.1495 yuan, also falls 1.

Three departments to inform a group of companies for manipulating agricultural prices were investigated

BEIJING, July 1 (reporter Zhu Jianhong) The National Development and Reform Commission price Supervision and Inspection Department, Ministry of Commerce Market Order division, the State Administration of industry and Commerce, the Department of Market regulation today jointly convened a news conference, to inform the recent legal investigation of a group of operators malicious hoarding, collusion prices, driving up prices of illegal cases The relevant departments of the State will further improve the price monitoring system reflecting market volatility, establish a more sensitive system of price monitoring and early warning, explore the establishment of the early warning mechanism of abnormal fluctuation of commodity prices, improve the work plan for the abnormal fluctuation price of market price, and further improve the legal law of regulating the behavior of markets '

Guang-ji Pharmaceutical riboflavin production line discontinued January

Canton Pharmaceutical Industry (000952) bulletin, due to the hot weather is not conducive to the production of fermentation and weak market demand, the company decided since August 1 to the Department of Riboflavin production line for the production of maintenance, the company will be based on weather and market conditions timing recovery, the expected cut-off time of not more than 30 days. The company says the production line will not produce a significant impact on the company's sales of riboflavin products. The company's holding subsidiary, Guang Ji Pharmaceutical (Mengzhou) Co., Ltd. Riboflavin production line is currently producing normally. In view of the current inability to determine the riboflavin production line to restore the specific time, the shutdown of the company 201 ...

Hua Bao Xingye Contrarian, Northwest Chemical industry

Net profit burst 11.8 times times in the first half of the year, the bulk of raw materials prices continued to rise sharply, but did not hinder the northwest chemical net profits growth 11.8 times times year-on-year, the main business performance also enhance the fund to hold confidence.  Warburg Societe Generale two quarter in the northwest chemical shares plunged nearly 38% of the situation, still bucking the trend of 4.11 million shares, among the second largest circulating shareholders. The main business growth hedging cost pressure yesterday, the northwest Chemical Industry announced that the first half of the company to achieve business income of 130 million yuan, an increase of 23.49%, to achieve the parent company's net profit of 2.257 million yuan, year-on-year growth ...

The construction Bank each 10 shares sends the RMB 2.02 yuan

China Construction Bank announced today that the bank's implementation of the 2009 a-share profit distribution scheme is: 2.02 yuan per 10 shares (including tax), the registration date is July 7, 2010;

$400 million for three companies

First Open shares (600376) announcement, to invest in the establishment of Guiyang first Kai Tai Real Estate Development Co., Ltd., Mianyang first Kai Hing Thai Property Limited and Mianyang Rong Tai Property Co.  Long Tai Real estate investment 200 million yuan, the first open occupies 100% shares, mainly engaged in the new competition in Guiyang city, LongDong area three plots of residential construction and ancillary commercial project development and operation; Xingtai property investment 200 million yuan, the first open to occupy 100% shares, the new company will actively participate in Mianyang local land open market operation. Rongtai Real Estate registered capital of 10 million yuan, of which the first open contribution of 5.1 million yuan, Jin Wenchen ...

Nhwa pharmaceutical Industry in the interim net profit of 42.77 million yuan year-on-year growth of 44%

NetEase Finance July 30 News Nhwa Pharmaceutical Industry released 2010.5 annual report in late Thursday.  In the first half of 2010, the Nhwa pharmaceutical industry realized sales revenue of 636 million yuan, an increase of 15.61%, the total profit of 479.216 billion yuan, the growth of 40.76%, the realization of net profit (attributable to the shareholders of listed companies) 42.7671 million yuan, an increase of 44.2%. Nhwa pharmaceutical industry, said that the report period of the main business overall gross profit margin is basically stable, the gross profit margin of the API is larger, mainly the product structure changes caused by the sale of nerve agents, gross profit margin ...

Space Trek black Box finds three big mysteries to solve

East Oct Scenic Area outside the "Space Trek" amusement project. Xinhua News agency, Shenzhen News reporter July 1 night from Shenzhen Yantian District propaganda department learned that Shenzhen eastern Oct "6 29" Safety Accident Investigation team has mastered the record of the accident equipment "space Trek" operation of the "black box."  The accident investigation team initially identified "space Trek" is a simulation of space flight amusement facilities, high technology content, only the production of this Taiwan. June 29 16:45, Shenzhen Eastern Oct Space Trek Entertainment Project occurred a security incident, killing 6 people, 1 ...

Differentiated positioning companies stand out

China Securities Daily: In the increasingly fierce market competition, the Bank of Beijing can achieve such an astonishing development, can you talk about your experience and the pressure? Shang Bamboo: Beijing Bank reform and development process, is always in the gap between survival, innovation in seeking breakthroughs. At the beginning of the establishment, the development of the Bank of Beijing is very weak, and burdened with heavy historical baggage, poor brand image, customer identity, business development by various restrictions and discrimination. Facing the fierce market competition and difficult living environment, Beijing Bank insists on "serving the local economy, serving the small and medium sized enterprises, serving the people".

Day-run crankshaft net profit of 91.38 million yuan year-on-year growth of 46%

NetEase Finance July 30 day run crankshaft Thursday Evening released 2010.5 Annual report. In the first half of 2010, the day run crankshaft to achieve total operating income of 61,294 340,000 yuan, increased 66.66% from the same period last year, the main business income of 59,174 820,000 yuan, compared with the same period last year 64.46%, to achieve the net profit attributable to the listed companies 9,137.560,000 Yuan,  Compared with the same period last year, the 46.24% increase, which is attributable to the listed companies deducted Non-recurrent profit and loss after the net profit of 9,177 90,000 yuan, an increase of 47.58%. ...

Real estate business Self exposure profiteering Insider: 2 million earn back 200 million

In the pre-sale system, developers are almost "zero input" high housing prices "government and developers are winners" Canton has a real estate business said "profiteering more and more difficult" five years ago, spent about 2 million yuan to buy land, five years later, built a commercial housing sales, the net profit of 200 million yuan.  A hundredfold's profit comes from soaring house prices, and behind it is a house slave. Liu (a pseudonym), a real estate businessman from a southern city, has been involved in the property industry for more than 20 years. It is he, the developers of the project, recently told reporters this near empty gloves White Wolf's profiteering story, there are little known ...

Hundred Li Electric 800 million yuan to invest in the smart grid

Hundred Li Electric (600468) notice, the company intends to be not less than 16.39 yuan price, directional additional no more than 65 million shares. No more than 1 billion yuan of funds raised, 800 million yuan for Smart Grid project investment. The superconducting current limiter project and the GIS project invested 300 million yuan respectively, the electronic transformer project and the VW60 project invested 100 million yuan respectively. According to the bulletin, the superconducting current limiter project to achieve industrialization, the company's electrical equipment business profitability will be greatly improved. Another 400 million yuan to raise funds, will be used for deep processing of rare metals projects. This part of the money will bring the company into the value-added ...

2 cents determines the status of four major banks

ABC listed after the listing of market value or: ICBC, CCB, ABC, BOC newspaper reporter Hejiang in Beijing, as at the end of the first half, "Huaxia times" reporter through the calculation that The total market value of the four major state-owned commercial banks is 1.433 trillion, ranked first, the total market value of CCB is 1.285 trillion, the second is stable, the Bank of agriculture if the price per share of 2.68 yuan, the total market value of 870.4 billion yuan (do not calculate the H shares premium), BOC's total market value of 866.1 billion If ABC lowers its offering price by 2 cents to 2.66 yuan, the total market value will be BOC ...

Developer Money tight emergency rescue real Estate Trust

The first half of the 35 billion Yuan trust financing over last year, our correspondent Wang Haichun Shanghai Report regulation and control policy tightening, house prices deadlocked at the time of sales close to frozen, ready to need a lot of money turnover developers into the June real feel "money tight."  "Huaxia Times," the reporter found in the interview, developers in the sale of stocks through the rapid return of funds hopeless background, is seeking other ways to solve the urgent, which is the most favored real estate trust. Reporter learned that the Jiangsu Xincheng Real Estate Company (hereinafter referred to as the Jiangsu Xincheng) announced on June 28, the company will plan to pass the real estate ...

Million horse cable in the interim net profit of 49.74 million yuan year-on-year growth of 10.63%

NetEase Finance July 30 news million horse cable Thursday Evening released 2010.5 Annual report. In the first half of 2010, the million-horse cable to achieve operating income of 92,486 550,000 yuan, increased by 58.14% over the same period a year earlier, of which the ultra-high pressure portion of the operating income reached 181 million yuan, increased by 125.07% over a year earlier; During the reporting period, the company achieved net profit of 4,974 120,000 yuan,  Rose 10.63% from a year earlier. Million horse Cable said that during the reporting period, the company's operating income growth of 58.14% year-on-year, on the one hand, because of product sales compared to the same period last year ...

Jilin Enterprise Fried Mung bean fined million shandong garlic business fined 100,000

Source: According to Xinhua news agency, Beijing, July 1, Jilin a company "fried" green bean was fined millions of NDRC regulation of agricultural market order, a garlic distributor in Shandong also received 100,000-yuan ticket October 17, 2009, Jilin Corn Center Wholesale Market Co., Ltd. and many other enterprises, called 16 provinces (district, city) 109 Mung bean distribution enterprises in Jilin Province Zhaonan Kinta Hotel held "the first national mung bean market production and Marketing market seminar." After the meeting, announced that "2009 Mung bean main production area output fell 64.05%", and "China Food Yearbook" in the domestic green ...

CITIC Construction Investment Equity transfer Buyer determination

Citic Securities (600030) announcement, July 29, the company received the Beijing financial assets Exchange on CITIC Construction stock Equity of the results of the notice.  45% of the intention of the party is the Beijing state-owned Capital Management Center, the price is 7.29 billion yuan, 8% of the intention of the assignee is the Century Jinyuan Investment Group Co., Ltd., the price of 1.296 billion yuan. Citic Securities had previously held 60% per cent of Citic's investment securities, and Citic Securities only retained a 7% per cent stake in CITIC Construction securities after the transfer.  The transfer is subject to approval by the SFC. Citic Securities ...

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