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Tangrenshen Group Co Ltd (002567.SZ)

002567.SZ on Shenzhen Stock Exchange

8.78CNY
18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Tangrenshen Group unit to set up food JV in Hunan with partner
Sunday, 13 Aug 2017 11:46pm EDT 

Aug 14 (Reuters) - Tangrenshen Group Co Ltd <002567.SZ> ::* Says its investment unit signs cooperation framework agreement with a Hunan-based culture industrial development group company, to jointly set up food JV in Hunan.* Co's unit and the partner will own a 40 percent stake and a 60 percent stake, respectively .  Full Article

Tangrenshen scraps asset acquisition as concerning parties failed to reach agreement
Thursday, 10 Aug 2017 04:16am EDT 

Aug 10 (Reuters) - Tangrenshen Group Co Ltd <002567.SZ>:Says it scraps asset acquisition as concerning parties failed to reach agreement.  Full Article

Tangrenshen Group sees Q1~Q3 FY 2017 net profit to up 50 pct to 70 pct
Tuesday, 8 Aug 2017 11:52pm EDT 

Aug 9 (Reuters) - Tangrenshen Group Co Ltd <002567.SZ> ::* Sees Q1~Q3 FY 2017 net profit to increase by 50 percent to 70 percent, or to be 202.3 million yuan to 229.3 million yuan.* Says Q1~Q3 FY 2016 net profit was 134.9 million yuan.* Says rapid growth in sale of feed and cost reduction as main reasons for the forecast.  Full Article

Tangrenshen Group says change of accounting policy
Tuesday, 8 Aug 2017 04:44am EDT 

Aug 8(Reuters) - Tangrenshen Group Co Ltd <002567.SZ>:Says it changes accounting policy regarding government subsidies, effective June 12.  Full Article

Tangrenshen Group announces investment between fodder units
Tuesday, 25 Jul 2017 05:22am EDT 

July 25(Reuters) - Tangrenshen Group Co Ltd <002567.SZ>:Says its Maoming-based fodder unit will invest 29.2 million yuan into Yulin-based fodder unit .Says stake in the Yulin-based unit will be diluted to 25.5 percent from 100 percent and the Maoming-based firm will increase stake in the Yulin-based firm to 74.5 percent from 0 percent.  Full Article

Tangrenshen Group announces investment between fodder units
Tuesday, 25 Jul 2017 05:22am EDT 

July 25(Reuters) - Tangrenshen Group Co Ltd <002567.SZ>:Says its Anhui-based fodder unit will invest 33.3 million yuan into Jingzhou-based fodder unit.Says stake in the Jingzhou-based unit will be diluted to 18.9 percent from 75 percent, and the Anhui-based will increase stake in the Jingzhou-based firm to 74.8 percent from 0 percent .  Full Article

Tangrenshen Group signs agreement to set up fund
Tuesday, 25 Jul 2017 05:21am EDT 

July 25(Reuters) - Tangrenshen Group Co Ltd <002567.SZ>:Says it signed a cooperation framework agreement with a Guangzhou-based investment management firm.Says the two firms will jointly set up a modern agriculture food industry fund, which will be invested in 200 million yuan during the first period.Says the company will invest 50 million yuan into the fund during the first period .  Full Article

Tangrenshen Group ups FY 2017 H1 net profit outlook
Friday, 2 Jun 2017 03:26am EDT 

June 2(Reuters) - Tangrenshen Group Co Ltd <002567.SZ> ::* Says net profit for FY 2017 H1 to increase by 100 percent to 130 percent, or to be 133.3 million yuan to 153.3 million yuan.* Says in the previous outlook, the company expected the net profit for FY 2017 H1 to be 113.3 million yuan to 133.3 million yuan.* Says the net profit of FY 2016 H1 was 66.6 million yuan.* Comments that increased 40 percent of sales amount is the main reason for the forecast.  Full Article

Tangrenshen Group to pay A shares annual div for FY 2016 on June 6
Wednesday, 24 May 2017 10:25pm EDT 

May 25 (Reuters) - Tangrenshen Group Co Ltd <002567.SZ> ::* Says it will pay cash dividend of 1.5 yuan(before tax)/10 shares and use additional paid-in capital to distribute 5 new shares for every 10 shares for 2016 to shareholders of record on June 5.* The company's shares will be traded ex-right and ex-dividend on June 6 and the dividend will be paid on June 6.  Full Article

Tangrenshen Group to pay annual div for FY 2016
Friday, 28 Apr 2017 02:34am EDT 

April 28(Reuters) - Tangrenshen Group Co Ltd <002567.SZ> : :* Says it plans to pay annual cash dividend as 1.5 yuan(pre-tax) per 10 shares and use additional paid-in capital to distribute 5 new shares for every 10 shares as FY 2016 div payment.  Full Article

BRIEF-Tangrenshen to set up food industry fund worth 2 bln yuan with partner

* Says it plans to set up food industry fund worth 2.0 billion yuan ($300.24 million)with partner