BRIEF-Songcheng Performance Development's unit to acquire mobile games developer

March 7 (Reuters) - Songcheng Performance Development Co Ltd

* Says unit signs agreement to buy mobile games developer

for 380 million yuan ($55.09 million) by cash

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

Further company coverage:

($1 = 6.8977 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)