BRIEF-China Zhongwang Holdings Says Cred Holding To Sell And Zhongwang Fabrication To Buy Xinjiang Cred Holding Co

March 17 (Reuters) - China Zhongwang Holdings Ltd:

* CRED HOLDING TO SELL AND ZHONGWANG FABRICATION TO BUY XINJIANG CRED HOLDING CO

* ZHONGWANG FABRICATION AGREED TO SELL ABOUT 96.55% EQUITY INTERESTS IN LIAONING ZHONGWANG TO CRED HOLDING Source text for Eikon: Further company coverage: