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BRIEF-Huang Xinhua stake in Ningbo Xinhai Electric to drop to 5.5 pct
August 22, 2016 / 3:21 AM / a year ago

BRIEF-Huang Xinhua stake in Ningbo Xinhai Electric to drop to 5.5 pct

Aug 22 (Reuters) - Ningbo Xinhai Electric Co., Ltd. :

* Says shareholder Huang Xinhua's stake in the co will decrease to 5.5 percent from 37.2 percent due to co's Yunda Express acquisition

* Says Huang Xinhua's still holding 55.9 million shares in the co

Source text in Chinese: goo.gl/E7ui7w

Further company coverage: (Beijing Headline News)

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