BRIEF-China Financial International Investments Says Co Executed Agreement In Relation To Formation Of Two JVs

March 16 (Reuters) - China Financial International Investments Ltd:

* EXECUTED AGREEMENT WITH GOVERNMENT. OF NANYANG, SINOPEC MARKETING CO AND SOUTH SOUTH ASIA- PACIFIC BIOENERGY

* AGREEMENT IN RELATION TO FORMATION OF TWO JOINT VENTURE COMPANIES

* REGISTERED SHARE CAPITAL OF JVCO I WILL BE RMB150 MILLION

* REGISTERED SHARE CAPITAL OF JV CO II WILL BE RMB150.0 MILLION

* EXPECTED THAT JV CO I WILL ACQUIRE ASSETS FROM TIANGUAN ETHANOL FOR PRODUCTION AND SALES OF FUEL ETHANOL

* UNDER AGREEMENT JV CO II WILL SETUP AND OPERATE GASOLINE STATIONS TO OFFER GASOLINE PRODUCTS Source text for Eikon: Further company coverage: