Gome Electrical Appliances Holding Ltd (HKG: 0493), China's second largest chain store by revenue, posted ¥13.68 billion in revenues and ¥552 million in net profits for Q1 2011, up 16.1% and 65.8% respectively from a year earlier. It opened 37 new stores and closed seven stores over the period, bringing the total number to 856 by March 31, 2011.
Source: http://finance.qq.com/a/20110527/000134.htm

Lenovo Group Ltd (HKG: 0992) posted $21.59 billion in revenues and $273 million in net profits for the fiscal year ended March 31, 2011, up 30% and 112% respectively from a year earlier.
Source: http://tech.qq.com/a/20110526/000387.htm

CSR Corp (SHA: 601766, HKG: 1766), a leading Chinese rail transport equipment manufacturer, won a ¥1.5 billion contract to make trains for the subway network in Yunnan provincial capital Kunming.
Source: http://finance.qq.com/a/20110527/002101.htm

HBMC (SHE: 300027), a Chinese movie maker, said it will work with the Suzhou government to build its first theme park in the city. HBMC will be responsible for 35% of the ¥3 billion project that is expected to open by 2015.
Source: http://finance.qq.com/a/20110527/003476.htm

Poly Real Estate Group Co (SHA: 600048) will start the global sale in June of its first seaside resort that will cost ¥6 billion to build in Yangjiang, Guangdong province.
Source: http://www.yicai.com/news/2011/05/817907.html

Sinoma International Engineering Co (SHA: 600970), a leading Chinese cement maker with global ambition, won two construction contracts with Malaysian companies valued at a combined $200 million.
Source: http://www.caijing.com.cn/2011-05-27/110730444.html

TEBA Co (SHA: 600089), a Chinese manufacturer and distributor of electric power transmission and transformer equipment, has been approved by the National Development and Reform Commission for a ¥15.52 billion photovoltaic project in Xinjiang.
Source: http://www.caijing.com.cn/2011-05-27/110730442.html

$1 = ¥6.49

 

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