BRIEF-China Fortune Land to invest in 10 units, units win land auctions

March 7 (Reuters) - China Fortune Land Development Co Ltd

* Says units win land auctions for a combined 2.1 billion

yuan ($304.46 million)

* Says it plans to invest about 700 million yuan to set up

10 units

Source text in Chinese:;

Further company coverage:

($1 = 6.8974 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)