November 16, 2017 / 10:30 AM / a month ago

BRIEF-Shanghai Lianming Machinery to acquire 51 pct stake in Tianjin firm

Nov 16 (Reuters) - Shanghai Lianming Machinery Co Ltd

* Says it plans to invest 380 million yuan ($57.32 million) in a 51 percent stake in Tianjin firm

Source text in Chinese: bit.ly/2hvBJko

Further company coverage: ($1 = 6.6295 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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