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BRIEF-NanJi E-Commerce unit cancels stake transfer agreement and to dissolve target company
December 2, 2016 / 3:36 AM / a year ago

BRIEF-NanJi E-Commerce unit cancels stake transfer agreement and to dissolve target company

Dec 2 (Reuters) - NanJi E-Commerce :

* Says its Shanghai-based wholly owned subsidiary signed an agreement with individual Zhang Yuxiang on Aug. 11 that to transfer 60 percent stake in a Shanghai-based quality information consultation company to the individual at 300,000 yuan

* Says the subsidiary cancels the agreement

* Says the target company will be dissolved

Source text in Chinese: goo.gl/cyZ3iB

Further company coverage: (Beijing Headline News)

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