April 5, 2018 / 5:19 AM / 8 months ago

BRIEF-Xinjiang Sailing Information Technology unit to invest 10.2 mln yuan to set up Hangzhou-based information technology company with partner

April 5(Reuters) - Xinjiang Sailing Information Technology Co Ltd :

* Says its unit will invest 10.2 million yuan to set up a Hangzhou-based information technology company with partner

* Says its unit will hold 51 percent stake in the target company

Source text in Chinese: goo.gl/u2yzN4

Further company coverage: (Beijing Headline News)

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