BRIEF-Beijing Oriental Yuhong Waterproof plans project worth up to 1 bln yuan

March 21 (Reuters) - Beijing Oriental Yuhong Waterproof

Technology Co Ltd

* Says it plans to set up project company for new building

material project worth up to 1.0 billion yuan ($144.96 million)

Source text in Chinese:

Further company coverage:

($1 = 6.8983 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)