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Financials

BRIEF-Yantai Xinchao to acquire Blue Whale Energy North America

Dec 18 (Reuters) - Yantai Xinchao Industry Co Ltd

* Says signs agreement to acquire Blue Whale Energy North America for 200 million yuan ($30.86 million)

Source text in Chinese: bit.ly/1IcJhD1

Further company coverage: ($1 = 6.4800 Chinese yuan renminbi) (Reporting by Hong Kong and Singapore newsrooms)

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