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Aug 31 (Reuters) - Changzhou Shenli Electrical Machine Incorporated Co 603819.SS : * SAYS CONTROLLING SHAREHOLDER, PARTIES ACTING IN CONCERT SIGN AGREEMENT TO SELL A COMBINED 17.4 MILLION SHARES IN THE COMPANY FOR 270.8 MILLION YUAN ($39.50 million) Source text in Chinese: https://bit.ly/34NlY2j Further company coverage: 603819.SS ($1 = 6.8557 Chinese yuan renminbi) (Reporting by Hong Kong newsroom) ((twinnie.siu@tr.com; 852-3462 7715;))