BRIEF-Baofeng Modern International updates on 2016 annual results

April 18 (Reuters) - Baofeng Modern International Holdings

Co Ltd :

* Still in process of providing information to auditor to

complete audit procedures in respect of 2016 annual results

* Information related to going concern issue of group and

valuation of intangible assets of group as at 31 december 2016

* Say trading in shares of company will remain suspended

until further notice

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