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weiqiao textile co ltd-h (2698) Details

Weiqiao Textile Company Limited, together with its subsidiaries, manufactures, distributes, and sells cotton yarns, grey fabrics, and denims primarily in Mainland China, Southeast Asia, Hong Kong, East Asia, and internationally. The company operates through Textile Products; and Electricity and Steam segments. Its products include carded, combed, compact, 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. The company also produces and sells polyester yarn and related products; and trades in textile raw materials and products. In addition, it is involved in the generation and sale of electricity and steam. The company is based in Zouping, the People’s Republic of China. Weiqiao Textile Company Limited is a subsidiary of Shandong Weiqiao Chuangye Group Company Limited.

52,000 Employees
Last Reported Date: 04/15/19

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

Chief Executive & GM
Total Annual Compensation: CNY1.9M
Chairman
Total Annual Compensation: CNY3.7M
CFO & Executive Director
Total Annual Compensation: CNY1.9M
Company Secretary & Executive Director
Total Annual Compensation: CNY1.0M
Deputy GM of Sales Department & Non-Executive...
Total Annual Compensation: CNY196.0K
Compensation as of Fiscal Year 2018.
weiqiao textile co ltd-h
Weiqiao Textile Company Limited Approves Amendments to Articles of Association

Weiqiao Textile Company Limited at its annual general meeting held on May 30, 2019 approved amendments to the articles of association of the Company.

Weiqiao Textile Company Limited Approves Final Dividend for the Year Ended 31 December 2018, Payable on 28 June 2019

Weiqiao Textile Company Limited approved that it will pay the final dividends of RMB 0.1656 (tax inclusive) per share for the year ended 31 December 2018. The payment shall be made to the Shareholders whose names appear on the register of members of the company at the close of business on 14 June 2019. The company will pay to Bank of China (Hong Kong) Trustees Limited the final dividends declared for payment to shareholders of H Shares of the company. Such final dividends will be paid by the Receiving Agent and will be mailed by Computershare Hong Kong Investor Services Limited to the holders of H Shares who are entitled to receive the same by ordinary post at their own risk on 28 June 2019.

Weiqiao Textile Company Limited Announces Demise of Zhang Shiping, Non-Executive Director

Weiqiao Textile Company Limited announced Mr. Zhang Shiping ("Mr. Zhang"), aged 73, a non-executive director of the Company, passed away on 23 May 2019.

 

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Valuation 2698 Industry Range
Price/Earnings 4.0x
Price/Sales 0.2x
Price/Book 0.1x
Price/Cash Flow 4.0x
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