BRIEF-Guangdong Baolihua New Energy's Q1 profit up, sells entire stake in Guangdong Nanyue Bank

April 21 (Reuters) - Guangdong Baolihua New Energy Stock Co

Ltd

* Says 2016 net profit up 4.7 percent y/y at 674.6 million

yuan ($97.99 million)

* Says it signs agreements to sell entire 9.3 percent stake

in Guangdong Nanyue Bank for a combined 1.22 billion yuan

* Says Q1 net profit down 83.6 percent y/y at 26.26 million

yuan

Source text in Chinese: http://bit.ly/2plM3l3;

http://bit.ly/2otuJX9; http://bit.ly/2obGvJP

Further company coverage:

($1 = 6.8845 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)