December 26, 2017 / 9:48 AM / 6 months ago

BRIEF-Jinyu Bio-Technology to raise stake in animal vaccine firm to 47 pct

* Says co signs agreement to invest in animal vaccine firm Liaoning Yikang Biological (target firm) in exchange for 40 million shares and to acquire 14 million shares from its shareholders, with transaction amount of 403 million yuan in total

* Says co will hold 47 percent stake (54 million shares) in target firm, up from 0 percent

Source text in Chinese: goo.gl/amLdNF

Further company coverage: (Beijing Headline News)

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