BRIEF-Orient Victory China entered into a non-legally binding term sheet

April 19 (Reuters) - Orient Victory China Holdings Ltd

:

* Company entered into a non-legally binding term sheet with

haitong international investment fund spc

* Deal in relation to possible cooperation where both

parties will invest total of not more than about us$50 million

* Haitong SPC would subscribe for preferred shares of a

limited company to be set up by company

Source text: [http://bit.ly/2on3JJ8]

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