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United States

Hailun Piano Co Ltd (300329.SZ)

300329.SZ on Shenzhen Stock Exchange

7.54CNY
23 Feb 2018
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Thu, Jan 25 2018

BRIEF-Hailun Piano sees 2017 net profit up 12 pct to 40 pct

* Sees 2017 net profit to increase by 12 percent to 40 percent, or to be 37.3 million yuan to 46.6 million yuan

BRIEF-Hailun Piano obtains high-tech enterprise recognition again and to enjoy tax preference

* Says it was recognized as high-tech enterprise again, and to enjoy a tax preference of 15 percent for three years from 2017 to 2019

BRIEF-Hailun Piano unit to buy 38.9 pct stake in culture development firm for 26.4 mln yuan

* Says art education investment unit will buy 38.9 percent stake in Ningbo-based culture development firm for 26.4 million yuan and raise stake to 49 percent from 10.1 percent after transaction

BRIEF-Hailun Piano sees Q1 to Q3 of FY 2017 net profit up 5 pct to 35 pct

* Sees net profit for FY 2017 Q1 to Q3 to increase 5 percent to 35 percent, or to be 27.6 million yuan to 35.5 million yuan

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