BRIEF-Beijing Miteno Communication to set up a buyout fund with partners

March 24 (Reuters) - Beijing Miteno Communication Technology

Co Ltd

* Says it plans to invest 300 million yuan ($43.58 million)

to set up a buyout fund worth up to 1 billion yuan with partners

Source text in Chinese:

Further company coverage:

($1 = 6.8840 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)