Autochina Intl (PINK:AUTC)

GUANGZHOU, China, July 1, 2011 /PRNewswire-Asia-FirstCall/ -- 7 Days Group Holdings Limited (NYSE: SVN) ("7 Days" or the "Company"), a leading economy hotel chain based in China, announced today that it has entered into a definitive agreement on July 1, 2011 (the "Agreement") with Huatian Hotel Group Co. Ltd. ("Huatian Group"), a large hotel group incorporated in the PRC whose shares are listed on the Shenzhen stock Exchange (Stock Code: 000428), to acquire 100% ownership of Hunan Huatian Star Hotel Management Limited ("Huatian Star") (the "Transaction").