Even After Rising 9.2% This Past Week, Guangzhou Pearl River Piano GroupLtd (SZSE:002678) Shareholders Are Still Down 42% Over the Past Five Years

Ideally, your overall portfolio should beat the market average. But the main game is to find enough winners to more than offset the losers At this point some shareholders may be questioning their

Simply Wall StJul 12 21:56 ET

Guangzhou Pearl River Piano Group: 2024 Interim Performance Forecast

Sensex a shareJul 10 12:00 ET · Announcements

Pearl River Piano (002678.SZ): Proposed joint venture Guangzhou Pearl River Rui Feng Cultural Tourism Development Co., Ltd.

Gelonghui, May 21丨Pearl River Piano (002678.SZ) announced that in order to further implement the contents of the agreement, according to the company's strategic development direction and future business layout, the company plans to sign a “joint venture agreement” with Guangzhou Ruifeng Culture Communication Co., Ltd. (“Future Performing Arts Company”) and Guangzhou Future Performing Arts Engineering Co., Ltd. (“Future Performing Arts Company”) to jointly establish a joint venture company, Guangzhou Zhujiang Ruifeng Cultural Tourism Development Co., Ltd. The registered capital of the joint venture is RMB 10,000 million, of which Pearl River Piano plans to invest RMB 48 million, accounting for 48% of the registered capital; Rui Feng Culture plans to invest RMB 48 million

Gelonghui FinanceMay 21 04:18 ET

Pearl River Piano (002678.SZ) and Rui Feng Technology establish a strategic partnership in the field of cultural industry

Zhitong Finance App News, Pearl River Piano (002678.SZ) issued an announcement. On May 15, 2024, the company signed a “Strategic Cooperation Agreement” with Guangzhou Rui Feng Audio Technology Co., Ltd. (“Rui Feng Technology”). Based on the principles of equality and voluntariness, compliance with the law, and win-win cooperation, the two parties to the agreement give full play to their respective advantages, jointly promote cooperation in the field of cultural industry, and establish a strategic cooperative relationship. This cooperation includes: 1. Cultural industry cooperation: The two sides will carry out in-depth cooperation in the field of cultural industry to jointly invest, develop and operate cultural industry projects to promote the development and growth of the cultural industry. 2. Cultural items

Zhitong FinanceMay 16 04:28 ET

Pearl River Piano (002678.SZ): Proposed transfer of property owned by a Hong Kong company

On May 7, Ge Longhui Piano (002678.SZ) announced that in order to revitalize the company's existing assets and improve asset operation efficiency, Guangzhou Pearl River Piano Group Co., Ltd. held the 26th meeting of the 4th board of directors on May 7, 2024 to review and pass the “Proposal on Asset Disposal”. The company plans to transfer the property owned by its wholly-owned subsidiary Hong Kong Music Trading Co., Ltd. (hereinafter referred to as the “Hong Kong Company”). The property is located in real estate (“Hong Kong Property” or “underlying asset”) in Room 2FD, Meiyamei Building, 13-15 Kanning Street, Causeway Bay, Hong Kong. The company plans to exchange property rights in Guangzhou

Gelonghui FinanceMay 7 06:24 ET

Investor Optimism Abounds Guangzhou Pearl River Piano Group Co.,Ltd (SZSE:002678) But Growth Is Lacking

When close to half the companies in the Leisure industry in China have price-to-sales ratios (or "P/S") below 3x, you may consider Guangzhou Pearl River Piano Group Co.,Ltd (SZSE:002678) as a stock to

Simply Wall StMay 3 18:44 ET