BRIEF-Bestsun Energy's 2016 profit up, to invest in energy investment fund, unit

(Corrects figure in second bullet point to $10,000 instead of

$100 million)

March 14 (Reuters) - Bestsun Energy Co Ltd

* Says 2016 net profit up 35.2 percent y/y at 551.2 million

yuan ($79.74 million)

* Says it plans to invest $10,000 to set up unit Bestsun

Investment Holdings in Hong Kong

* Says it plans to invest up to 190 million yuan to set up

energy investment fund worth 2.0 billion yuan

Source text in Chinese: http://bit.ly/2niJIXd;

http://bit.ly/2niKEuu; http://bit.ly/2mV5cs6

Further company coverage:

($1 = 6.9125 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)