Litu (HKG:1008) unit Litu Investment & Development agreed to sell a 31% stake in Changde Gold Roc Printing to Hunan Caixin Investment Holding Group for 142.5 million yuan, a Tuesday Hong Kong bourse filing said.
Following completion, the printing and packaging company will cease to hold any stake in the target firm.
Changde Gold Roc Printing engages mainly in the provision of cigarette printing package services.