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    <title>NewsnChina: Latest News</title>
    <link>http://newsnchina.com/</link>
    <description>Latest financial and sector news from China.</description>
    <language>en-us</language>
    <pubDate>2008-10-16</pubDate>
    <lastBuildDate>2008-10-16</lastBuildDate>
    <docs>http://newsnchina.com/</docs>
    <webMaster>webmaster@newsnchina.com</webMaster>
    <copyright>NewsnChina.com</copyright>
    <item>
<title><![CDATA[(600679) Stock Falls by 20% to 14 Oct 2008]]></title>
<description><![CDATA[<a href="http://newsnchina.com/customer/rssprofiles-600679.html" target="_blank">PHOENIX CO., LTD</a><br>The recent decrease in the closing price of the company's stock over three consecutive trading sessions on 10, 13 and 14 Oct 2008 represents a deviation of 20%, thus constituting an unusual price movement. <br>
<br>
Following consultation, the co ...]]></description>
<link>http://newsnchina.com/customer/article-12553535736.html</link>
<pubDate>Wed, 15 Oct 2008 10:00:00 GMT</pubDate>
<source>Shanghai Stock Exchange</source>
<guid>18894/CN01/NS/BT/KM</guid>
</item>
<item>
<title><![CDATA[(600452) Controlling Shareholder Schedules Restructuring]]></title>
<description><![CDATA[<a href="http://newsnchina.com/customer/rssprofiles-600452.html" target="_blank">CHONGQING FULING ELECTRIC POWER INDUSTRIAL CO.,LTD</a><br><p>
The company received a notice from Chongqing Chuandong Electric Power Group Co., Ltd., the controlling shareholder with 82,630,044 restricted shares, equal to a 51.64% stake, stating that, on 14 Oct 2008, the Fuling District People&rsquo;s Govern ...]]></description>
<link>http://newsnchina.com/customer/article-12553535732.html</link>
<pubDate>Wed, 15 Oct 2008 10:00:00 GMT</pubDate>
<source>Shanghai Stock Exchange</source>
<guid>18893/CN01/TW/SW/BT/KM</guid>
</item>
<item>
<title><![CDATA[(600281) 35.8 Mln Shares Released from Pledge]]></title>
<description><![CDATA[<a href="http://newsnchina.com/customer/rssprofiles-600281.html" target="_blank">TAIYUAI CHEMICAL INDUSTRY CO.,LTD</a><br>Pursuant to a relevant agreement, 35,831,250 restricted shares of the company, previously pledged to Taiyuan City Commercial Bank, Dayingpan branch, by Taiyuan Chemical Industry Group Co., Ltd., the company's controlling shareholder, were release ...]]></description>
<link>http://newsnchina.com/customer/article-12553535728.html</link>
<pubDate>Wed, 15 Oct 2008 10:00:00 GMT</pubDate>
<source>Shanghai Stock Exchange</source>
<guid>18892/CN01/NS/MR/BT/KM</guid>
</item>
<item>
<title><![CDATA[(600080) Stock Hits Minimum Intraday Limit]]></title>
<description><![CDATA[<a href="http://newsnchina.com/customer/rssprofiles-600080.html" target="_blank">GINWA ENTERPRISE (GROUP) CO.,LTD</a><br>The company's stock price reached its minimum intraday limit in three consecutive trading sessions on 10, 13 and 14 Oct 2008, thus constituting an unusual price movement.<br>
<br>
Following consultation, as of the date of this announcement, Ginwa ...]]></description>
<link>http://newsnchina.com/customer/article-12553535724.html</link>
<pubDate>Wed, 15 Oct 2008 10:00:00 GMT</pubDate>
<source>Shanghai Stock Exchange</source>
<guid>18891/CN01/AX/MR/BT/KM</guid>
</item>
<item>
<title><![CDATA[(002020) Company Gains Recognition as High-tech Enterprise]]></title>
<description><![CDATA[<a href="http://newsnchina.com/customer/rssprofiles-002020.html" target="_blank">ZHEJIANG JINGXIN PHARMACEUTICAL CO._LTD.</a><br><p>
According to a notice received on 13 Oct 2008 from the Science and Technology Department of Zhejiang Province, the company has been recognized as one of the first 242 High-tech Enterprise in Zhejiang in 2008; the recognition is valid for three ye ...]]></description>
<link>http://newsnchina.com/customer/article-12553535720.html</link>
<pubDate>Wed, 15 Oct 2008 10:00:00 GMT</pubDate>
<source>Securities Times</source>
<guid>18890/CN01/CJ/JL/BT/KM</guid>
</item>
<item>
<title><![CDATA[(600816) 1100% Net Profit Increase Projected for 1Q-3Q 2008]]></title>
<description><![CDATA[<a href="http://newsnchina.com/customer/rssprofiles-600816.html" target="_blank">AnXin Trust_Investment Co.,Ltd</a><br>According to preliminary data released by its finance department, the company's net profit for the first three quarters of 2008 is estimated to have increased by 400%, compared to its retrospectively adjusted net profit of RMB 5,365,500 for the s ...]]></description>
<link>http://newsnchina.com/customer/article-12553534956.html</link>
<pubDate>Wed, 15 Oct 2008 10:00:00 GMT</pubDate>
<source>Shanghai Stock Exchange</source>
<guid>18879/CN01/NS/MR/BT/KM</guid>
</item>
<item>
<title><![CDATA[(000930) RMB 469.9 Mln Entrusted Loan Proposal Approved]]></title>
<description><![CDATA[<a href="http://newsnchina.com/customer/rssprofiles-000930.html" target="_blank">ANHUI BBCA BIOCHEMICAL CO., LTD</a><br>At the 9th Meeting of the 4th Board of Directors, held on 14 Oct 2008, a proposal was examined and approved to apply for a one-year RMB 469.9 mln entrusted loan from COFCO Limited, of which RMB 269.9 mln will be loaned via Industrial and Commercial B ...]]></description>
<link>http://newsnchina.com/customer/article-12553534152.html</link>
<pubDate>Wed, 15 Oct 2008 10:00:00 GMT</pubDate>
<source>Securities Times</source>
<guid>18858/CN01/IS/LZ/JE/KM</guid>
</item>
<item>
<title><![CDATA[(000748) Compliance Officer Resigns]]></title>
<description><![CDATA[<a href="http://newsnchina.com/customer/rssprofiles-000748.html" target="_blank">GREATWALL INFORMATION INDUSTRY CO.,LTD.</a><br><p>
Jian Jing's resignation as compliance officer was accepted by the board of directors. The company hereby expresses its gratitude for her contributions during her term of office. </p>
<p>
Board of Directors<br>
15 Oct 2008<br>
<br>
]]></description>
<link>http://newsnchina.com/customer/article-12553534148.html</link>
<pubDate>Wed, 15 Oct 2008 10:00:00 GMT</pubDate>
<source>Securities Times</source>
<guid>18857/CN01/ZZ/SW/BT/KM</guid>
</item>
<item>
<title><![CDATA[(000049) Unusual Price Movement]]></title>
<description><![CDATA[<a href="http://newsnchina.com/customer/rssprofiles-000049.html" target="_blank">Shenzhen Desay Battery Technology Co., Ltd.</a><br>The closing price of the company's stock in the previous trading session, 14 Oct 2008, represents an
atypical
deviation, thus constituting an unusual price movement.<br>
<br>
Following consultation with its management team, the controlling shareh ...]]></description>
<link>http://newsnchina.com/customer/article-12553534144.html</link>
<pubDate>Wed, 15 Oct 2008 10:00:00 GMT</pubDate>
<source>Securities Times</source>
<guid>18856/CN01/RL/MR/BT/KM</guid>
</item>
<item>
<title><![CDATA[(000061) Progress in Equity Transfer]]></title>
<description><![CDATA[<a href="http://newsnchina.com/customer/rssprofiles-000061.html" target="_blank">SHENZHEN AGRICULTURAL PRODUCTS CO., LTD</a><br>On 27 Sept 2008, the company announced its progress in the transfer of a 42% in Shenzhen Shenbao Industrial Co., Ltd., jointly held by the company and Shenzhen Investment Holding Co., Ltd., to Huike System (Hong Kong) Co., Ltd. As the company receive ...]]></description>
<link>http://newsnchina.com/customer/article-12553534140.html</link>
<pubDate>Wed, 15 Oct 2008 10:00:00 GMT</pubDate>
<source>Securities Times</source>
<guid>18855/CN01/IS/LZ/BT/KM</guid>
</item>
<item>
<title><![CDATA[(002133) Wang Yilei Purchases 667,700 Company Shares]]></title>
<description><![CDATA[<a href="http://newsnchina.com/customer/rssprofiles-002133.html" target="_blank">COSMOS GROUP CO.  LTD.</a><br>According to a rectification report, on 13 Oct 2008, Wang Yilei, a person acting in concert with Wang Heming, the controlling shareholder of the company, purchased 667,700 shares of the company, equal to a 0.134% stake, in the secondary market. <br>
 ...]]></description>
<link>http://newsnchina.com/customer/article-12553534136.html</link>
<pubDate>Wed, 15 Oct 2008 10:00:00 GMT</pubDate>
<source>Securities Times</source>
<guid>18854/CN01/SS/MR/BT/KM</guid>
</item>
<item>
<title><![CDATA[(000565) 2008 Semiannual Report Revised]]></title>
<description><![CDATA[<a href="http://newsnchina.com/customer/rssprofiles-000565.html" target="_blank">CHONGQING SANXIA PAINTS CO.,LTD</a><br>In the company's 2008 Semiannual Report, disclosed on 19 Aug 2008, "Total number of shareholders: 14,992" under item 3.2 of section 2 is hereby revised to "Total number of shareholders: 20,176".<br>
<br>
Board of Directors<br>
14 Oct 2008<br>
<br ...]]></description>
<link>http://newsnchina.com/customer/article-12553534132.html</link>
<pubDate>Wed, 15 Oct 2008 10:00:00 GMT</pubDate>
<source>Securities Times</source>
<guid>18853/CN01/ZZ/SW/BT/KM</guid>
</item>
<item>
<title><![CDATA[(000006) 3Q 2008 Total Assets Hits RMB 6.12 Bln]]></title>
<description><![CDATA[<a href="http://newsnchina.com/customer/rssprofiles-000006.html" target="_blank">SHENZHEN ZHENYE(GROUP) CO.,LTD</a><br>Total assets: RMB 6,120,101,935<br>
Shareholders' equity: RMB 1,703,227,762<br>
Net assets per share: RMB 3.36<br>
<br>
Revenue: RMB 73,120,833<br>
Net profit (loss): RMB (213,627)<br>
Basic EPS: RMB 0.00<br>
Basic EPS after deducting non-recurri ...]]></description>
<link>http://newsnchina.com/customer/article-12553534128.html</link>
<pubDate>Wed, 15 Oct 2008 10:00:00 GMT</pubDate>
<source>Securities Times</source>
<guid>18852/CN01/RL/MR/BT/KM</guid>
</item>
<item>
<title><![CDATA[(600890) Further Loss Estimated for 3Q 2008]]></title>
<description><![CDATA[<a href="http://newsnchina.com/customer/rssprofiles-600890.html" target="_blank">CRED HOLDING CO., LTD</a><br><p>
According to preliminary data released by the company's finance department, it is estimated that the company has suffered a loss for 3Q 2008, following the net profit (loss) of RMB (11.77 mln) during the same period in 2007. </p>
<p>
Detailed ...]]></description>
<link>http://newsnchina.com/customer/article-12553534124.html</link>
<pubDate>Wed, 15 Oct 2008 10:00:00 GMT</pubDate>
<source>Shanghai Stock Exchange</source>
<guid>18851/CN01/SS/MR/BT/KM</guid>
</item>
<item>
<title><![CDATA[(600808) 3Q 2008 Net Profit Exceeds RMB 786 Mln]]></title>
<description><![CDATA[<a href="http://newsnchina.com/customer/rssprofiles-600808.html" target="_blank">MAANSHAN IRON & STEEL CO.,LTD</a><br>Total assets: RMB 75,143,880,605<br>
Shareholder's equity: RMB 25,160,304,174<br>
Net asset value per share: RMB 3.72<br>
<br>
Net profit: RMB 786,695,127<br>
Basic EPS: RMB 0.1164<br>
Diluted EPS: RMB 0.113 <br>
Diluted return on equity: 3.13%<b ...]]></description>
<link>http://newsnchina.com/customer/article-12553534120.html</link>
<pubDate>Wed, 15 Oct 2008 10:00:00 GMT</pubDate>
<source>Shanghai Stock Exchange</source>
<guid>18850/CN01/TW/SW/BT/KM</guid>
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