BRIEF-China ITS says units entered into equity transfer agreement

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 (http://bit.ly/2nvHva8)

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