BRIEF-Changchun Faway Automobile to pay annual div for FY 2016 and set up new branches

March 24 (Reuters) - Changchun Faway Automobile :

* Says it will pay annual cash dividend as 5 yuan(pre-tax)/10 shares to shareholders for FY 2016

* Says it will set up three branches in Qingdao and Tianjin

Source text in Chinese: https://goo.gl/S5KC4V

Further company coverage: (Beijing Headline News)