BRIEF-Jiangsu Changhai Composite Materials' controlling shareholder to cut stake

March 7 (Reuters) - Jiangsu Changhai Composite Materials Co

Ltd

* Says controlling shareholder plans to reduce up to 15.0

million shares in the company within six months, representing

7.1 percent of total issued share capital

Source text in Chinese: http://bit.ly/2mAbBZV

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(Reporting by Hong Kong newsroom)