BRIEF-Fujian Longking's prelim 2016 profit up, company's ownership expects to change

April 18 (Reuters) - Fujian Longking Co Ltd

* Says preliminary 2016 net profit up 18.5 percent y/y at

663.9 million yuan ($96.44 million)

* Says biggest shareholder in deal to be sold for up to 3.8

billion yuan, which will lead to ownership change of the company

Source text in Chinese:;

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($1 = 6.8841 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)