BRIEF-GCL System Integration Tech's Shareholder To Increase Holdings, Co Plans JV

March 26 (Reuters) - GCL System Integration Technology Co Ltd:

* SAYS IT SIGNS LETTER OF INTENT TO SET UP ENERGY STORAGE TECH JV WITH REGISTERED CAPITAL OF 200 MILLION YUAN ($28.13 million) WITH PARTNER

* SAYS CONTROLLING SHAREHOLDER PLANS TO INCREASE HOLDINGS IN THE COMPANY BY 500-1,000 MILLION YUAN WITHIN 12 MONTHS Source text in Chinese: https://bit.ly/3akKUht; https://bit.ly/39klEa3 Further company coverage: ($1 = 7.1099 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)