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BRIEF-Jiangsu Sihuan Bioengineering to divest stake in Xinjiang-based new energy firm
September 30, 2016 / 3:21 PM / a year ago

BRIEF-Jiangsu Sihuan Bioengineering to divest stake in Xinjiang-based new energy firm

Sept 30 (Reuters) - Jiangsu Sihuan Bioengineering Co Ltd :

* Says co and co's unit plans to sell 44.12 percent and 26.85 percent stake in a Xinjiang-based new energy technology firm to a Jiangsu-based investment, for totaling 11 million yuan

* Says co and unit will hold no stake in the Xinjiang-based new energy firm after the transaction

Source text in Chinese: goo.gl/7p7ENz

Further company coverage: (Beijing Headline News)

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