BRIEF-Sheng Ye Capital Says Khorgos Yong Zhuo Factoring To Dispose Of Accounts Receivable

Aug 16 (Reuters) - Sheng Ye Capital Ltd:

* KHORGOS YONG ZHUO FACTORING TO DISPOSE OF ACCOUNTS RECEIVABLE FOR RMB 65.4 MILLION

* BOARD EXPECTS COMPANY WILL RECORD A GAIN OF ABOUT RMB 3.7 MILLION FOR DISPOSAL AGREEMENT Source text for Eikon: Further company coverage: