BRIEF-Jiangsu Hongdou Industrial announces FY 2016 dividend payment
March 29Jiangsu Hongdou Industrial Co Ltd :
* To use undistributed profits to pay a cash dividend of 1 yuan (pre-tax) per 10 shares to shareholders for FY 2016
* To use additional paid-in capital to distribute 1 new shares for every 10 shares
Source text in Chinese: goo.gl/DnOfuj
Further company coverage: (Beijing Headline News)