BRIEF-China Shipbuilding Industry, affiliates to invest 3.8 bln yuan in diesel engine JV

April 5 (Reuters) - China Shipbuilding Industry Group Power

Co Ltd

* Says it and affiliates plan to invest a combined 3.8

billion yuan ($551.12 million) to set up diesel engine JV

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($1 = 6.8950 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)