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Hailun Piano Co Ltd (300329.SZ)

300329.SZ on Shenzhen Stock Exchange

19 Apr 2018
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Fri, Apr 13 2018

BRIEF-Hailun Piano to pay cash dividend of 0.29 yuan per 10 shares (before tax) for 2017

* Says it plans to pay cash dividend of 0.29 yuan per 10 shares (before tax) to shareholders for 2017

BRIEF-Hailun Piano to buy 49 pct stake in piano firm and jointly invest 30 mln yuan for production expansion

* Says it plans to buy 49 percent stake in a piano firm and will jointly invest 30 million yuan in target company for production expansion after transaction

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

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