February 4, 2018 / 9:39 AM / 6 months ago

BRIEF-Shanxi Xinghuacun Fen Wine's Controlling Shareholder Signs Deal To Sell Stake

Feb 4 (Reuters) - Shanxi Xinghuacun Fen Wine Factory Co Ltd :

* SAYS CONTROLLING SHAREHOLDER FEN JIU GROUP SIGNS AGREEMENT TO SELL 11.45 PERCENT STAKE TO CHINA RESOURCES’ AFFILIATE

* SAYS FENJIU GROUP STILL THE COMPANY’S LARGEST SHAREHOLER AFTER TRANSACTION

* SAYS FENJIU GROUP TO SELL THE STAKE FOR 5.16 BILLION YUAN ($819.26 million) Source text in Chinese: bit.ly/2ECwVVi Further company coverage: ($1 = 6.2984 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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