BRIEF-Dafeng Port Heshun Technology Co says unit enters equity transfer agreement with Shenzhen Zhengyi Enterprise Management

March 6 (Reuters) - Dafeng Port Heshun Technology Co Ltd

* Unit entered into equity transfer agreement with purchaser

* Company will, through its subsidiary, still hold 51%

equity interest in target company after completion

* Purchaser agreed to purchase 49% of equity interest in

target co in consideration of wu entering into deed of


* On same day march 6, parties to subscription agreement

entered into deed of termination

* Pursuant to termination co is released from its

obligations to allot new shares to wu under subscription

agreement upon completion

* Target co is Qianhai Mingtian supply chain (shenzhen),

purchaser Shenzhen Zhengyi Enterprise Management, seller Dafeng

Port Heshun International Investment

Source text for Eikon:

Further company coverage: