December 25, 2017 / 11:59 AM / 2 months ago

BRIEF-Zhejiang Wanfeng Auto Wheel to sell stake in new energy firm

Dec 25 (Reuters) - Zhejiang Wanfeng Auto Wheel Co Ltd :

* Says it plans to sell 15 million yuan worth of equity of a Shanghai-based new energy firm at price of 47.3 million yuan

* Co will own 14.85 percent stake in new energy firm, lowering from 18.57 percent stake, after transaction

Source text in Chinese: goo.gl/akfr5S

Further company coverage: (Beijing Headline News)

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