March 26, 2018 / 8:11 AM / 9 months ago

BRIEF-Yonyou Network Technology to raise stake in insurance agent firm to 80 pct

March 26(Reuters) - Yonyou Network Technology Co Ltd

* Says it plans to acquire 20 percent stake in a Shenzhen-based insurance agent firm (target firm), at the price of 19.9 million yuan

* Says it will hold 80 percent stake in target firm, up from 60 percent

Source text in Chinese: goo.gl/erTYkL

Further company coverage: (Beijing Headline News)

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