BRIEF-GCL System Integration Technology swings to net loss in 2016, Q1

April 21 (Reuters) - GCL System Integration Technology Co

Ltd

* Says it swings to net loss of 26.9 million yuan ($3.91

million) in 2016 versus net profit of 638.5 million yuan year

ago

* Says Q1 net loss at 125.5 million yuan versus net profit

of 102.0 million yuan year ago

* Says it scraps A-share private placement proposal

Source text in Chinese: http://bit.ly/2pKIWA9; ;

http://bit.ly/2obDitH; http://bit.ly/2otxrMj

Further company coverage:

($1 = 6.8845 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)