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BRIEF-China CYTS Tours' unit to receive subsidies worth 796.6 mln yuan

Nov 16 (Reuters) - China CYTS Tours Holding Co Ltd

* Says its unit to receive subsidies worth 796.6 million yuan ($120.16 million)

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

Further company coverage: ($1 = 6.6295 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)