BRIEF-Suzhou Chunxing Precision to acquire stake in Avy Precision's Dongguan subsidiary

May 3 (Reuters) - Suzhou Chunxing Precision Mechanical

* Says unit signs agreement to buy 30 percent stake in Avy

Precision's Dongguan-based subsidiary for 144.2 million yuan

($20.92 million)

Source text in Chinese:

Further company coverage:

($1 = 6.8915 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)