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Sailun Jinyu Group Co Ltd (601058.SS)

601058.SS on Shanghai Stock Exchange

3.15CNY
14 Feb 2018
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Tue, Feb 13 2018

BRIEF-Sailun Jinyu Group to buy back up to 300 mln yuan worth of company shares

* Says it plans to buy back up to 300 million yuan worth of company shares at up to 3.6 yuan per share

BRIEF-Cooper Tire Announces Offtake Agreement With Sailun Vietnam

* COOPER TIRE ANNOUNCES OFFTAKE AGREEMENT WITH SAILUN VIETNAM FOR PRODUCTION OF TRUCK AND BUS RADIAL (TBR) TIRES; ANNOUNCES NEW NORTH AMERICA TBR WAREHOUSE

BRIEF-Sailun Jinyu Group expects to return to net profit for FY 2018 Q1

* Says it expects FY 2018 Q1 to return to net profit of 100 million yuan to 120 million yuan from net loss of 50.7 million yuan year ago Source text in Chinese: https://goo.gl/1zUNN1 Further company coverage: (Beijing Headline News)

BRIEF-Sailun Jinyu Group unit to sell tire sales firm for 500,000 pounds

* Says Luxembourg-based tire unit will sell 100 percent stake in tire sales firm to KRT Holdings Limited, for 500,000 pounds

BRIEF-Sailun Jinyu Group sets up charity foundation

* Says it sets up charity foundation in Qingdao city, with registered capital of 2 million yuan

BRIEF-Sailun Jinyu gets regulatory approval for share private placement

* Says it gets securities regulator's approval for share private placement

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