November 29, 2017 / 5:16 AM / 19 days ago

BRIEF-Xdc Industries Shenzhen unit to bring in investor

Nov 29(Reuters) - Xdc Industries Shenzhen Ltd

* Says co’s Suzhou-based mechanical & electrical unit will bring in a Guangzhou-based limited partnership as new investor

* Says the limited partnership and the co will invest 15 million yuan and 5.1 million yuan in the unit respectively

* Says the limited partnership will hold 44 percent stake in the unit, up from 0 percent

* Says co will hold 30 percent stake in the unit, down from 51 percent

Source text in Chinese: goo.gl/VDMZWR

Further company coverage: (Beijing Headline News)

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