BRIEF-Greenland Holdings' 2016, Q1 profit up, unit to invest in industrial firm

April 24 (Reuters) - Greenland Holdings Corp Ltd

* Says 2016 net profit up 4.7 percent y/y at 7.2 billion

yuan ($1.05 billion)

* Says Q1 net profit up 18.9 percent y/y at 2.7 billion yuan

* Says unit plans to invest 5.0 billion yuan in

Chongqing-based industrial firm for 40 percent stake

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

http://bit.ly/2q6MLPp; http://bit.ly/2pWzKsL

Further company coverage:

($1 = 6.8844 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)