BRIEF-Elion Energy Plans To Buy Stakes In Two New Energy Firms For 723.3 Mln Yuan

Feb 27 (Reuters) - Elion Energy Co Ltd:

* SAYS IT PLANS TO BUY STAKES IN TWO NEW ENERGY FIRMS FROM CONTROLLING SHAREHOLDER FOR A COMBINED 723.3 MILLION YUAN ($103.14 million) Source text in Chinese: Further company coverage: ($1 = 7.0128 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)