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Huangshan Tourism Development Co Ltd (600054.SS)

600054.SS on Shanghai Stock Exchange

14.19CNY
13 Dec 2017
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Tue, Dec 5 2017

BRIEF-Huangshan Tourism Development to invest in tourism project for at least 1 bln yuan

* SAYS BOARD APPROVES TO SIGN AGREEMENT ON TOURISM PROJECT WITH INVESTMENT OF AT LEAST 1.0 BILLION YUAN ($151.23 million) IN ANHUI PROVINCE Source text in Chinese: http://bit.ly/2BA95qo Further company coverage: ($1 = 6.6126 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

BRIEF-Huangshan Tourism Development to boost investment in tourism development fund

* Says it plans to boost investment in tourism development fund by 240 million yuan ($36.15 million) from 200 million yuan

BRIEF-Huangshan Tourism Development signs strategic cooperation agreement with Jiangxi University of Finance and Economics

* Says it signed a strategic cooperation agreement with Jiangxi University of Finance and Economics, mainly regarding human resource construction

BRIEF-Huangshan Tourism Development signs strategic cooperation agreement with Shanghai National Accounting Institute

* Says it signed a strategic cooperation agreement with Shanghai National Accounting Institute, mainly regarding talent training and subject research area

BRIEF-Huangshan Tourism Development signs co-operate agreement with Huangshan airport

* Says it signed agreement with Huangshan airport to co-operate on increasing flights and ad promoting

BRIEF-Huangshan Tourism Development sells property firm for 224 mln yuan

* Says it sells property firm for 224.0 million yuan ($34.51 million)

BRIEF-Huangshan Tourism Development adopts new accounting policy

* Says it adopted new accounting policy disclosed by the Ministry of Finance on May 10, regarding subsidy

BRIEF-Huangshan Tourism Development to transfer real estate unit to controlling shareholder

* Says it will transfer 100 percent stake in Huangshan-based real estate unit to controlling shareholder, to avoid horizontal competition

BRIEF-Huangshan Tourism Development says dividend payment date on June 26 for A shares and July 10 for B shares

* Says it will pay cash dividend of 0.19 yuan per share (before tax) for 2016, to holders of A shares recorded on June 23 and cash dividend of $ 0.027657 per share (before tax) to holders of B shares recorded on June 28

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