July 6, 2015 / 5:02 AM / 2 years ago

BRIEF-Baofeng Technology plans to acquire stakes in technology firm for 135 mln yuan

July 6 (Reuters) - Beijing Baofeng Technology Co Ltd

* Says plans to acquire 30.37 percent stake in a technology firm in Shenzhen for 135 million yuan ($21.75 million)

Source text in Chinese: bit.ly/1giAmmF

Further company coverage: ($1 = 6.2070 Chinese yuan renminbi) (Reporting By Hong Kong newsroom)

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