BRIEF-Henan Yicheng New Energy to purchase stake in new energy company

March 20 (Reuters) - Henan Yicheng New Energy Co Ltd

* Says it plans to purchase 50.2 percent stake in a Henan

new energy company for at least 301.2 million yuan ($43.63

million)

Source text in Chinese: http://bit.ly/2nCnrDR

Further company coverage:

($1 = 6.9040 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)