Jan 18 (Reuters) - China Yongda Automobiles Services Holdings Ltd 3669.HK :
* Shanghai Yongda investment holding group limited entered into a binding framework agreement
* Agreement with a company whose shares are listed on the Shenzhen stock exchange
* The relevant parties have not entered into any definitive agreement as at the date hereof
* Deal in respect of transfer of certain assets by group in exchange for equity interests in a-share listco
* Expects upon completion of proposed spin-off, a-share listco will become indirect non-wholly owned subsidiary of co
* Source text for Eikon ID:nHKS6y43vm
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