BRIEF-Ronshine China's unit and Hailiang Metal Trading Group enter property deal

April 11 (Reuters) - Ronshine China Holdings Ltd

* Rongxin (Fujian) Investment entered into a letter of

intent with Hailiang Metal Trading Group

* Rongxin Investment agreed to enter into further

negotiation regarding a potential cooperation between Rongxin

Investment And Hailiang Metal

* Potential cooperation between Rongxin Investment and

Hailiang Metal regarding certain property projects located in

PRC indirectly held by Hailiang Metal

* A refundable deposit of RMB200 million shall be payable by

Rongxin Investment within 5 business days upon signing of letter

of intent

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