March 24, 2017 / 3:05 PM / 4 months ago

BRIEF-China ITS says units entered into equity transfer agreement

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March 24 (Reuters) - China Its Holdings Co Ltd-

* Jiangsu Zhongzhi and Beijing Zhixun, both of which are indirectly wholly-owned subsidiaries of company, entered into equity transfer agreement

* Entered into equity transfer agreement with beijing guangwei, target company and founders

* Jiangsu Zhongzhi agreed to acquire and Beijing Guangwei agreed to transfer interest in target company for rmb92 million Source text (bit.ly/2nvHva8) Further company coverage:

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