BRIEF-Guangxi Fenglin Wood Plans Production Project Worth 700 Mln Yuan

Nov 12 (Reuters) - Guangxi Fenglin Wood Industry Group Co Ltd:

* SAYS IT PLANS TO SET UP COMPANY FOR PRODUCTION PROJECT IN GUANGXI WITH INVESTMENT OF 700 MILLION YUAN ($100.08 million) Source text in Chinese: Further company coverage: ($1 = 6.9941 Chinese yuan renminbi) (Reporting by Hong Kong News Room)