BRIEF-Beijing jingcheng machinery electric says unit entered into share transfer agreement with vendors

April 6 (Reuters) - Beijing Jingcheng Machinery Electric

Co Ltd

* Tianhai industrial, a wholly-owned subsidiary of company,

entered into share transfer agreement with vendors

* Beijing jingcheng machinery electric co ltd- deal at an

aggregate consideration of us$3.4 million

* Vendors to sell and tianhai industrial to purchase 49% of

shares of bac, an indirect non-wholly owned unit of co

* Vendor a is bill zheng, vendor b is susan guo

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