BRIEF-Hubei Guochuang Hi-Tech Material To Issue Up To 500 Mln Yuan Worth Of Bonds

March 6 (Reuters) - Hubei Guochuang Hi-tech Material Co Ltd :

* SAYS IT PLANS TO ISSUE UP TO 500 MILLION YUAN ($72.21 million) WORTH OF BONDS TO REPLENISH CAPITAL, REPAY LOANS Source text in Chinese: Further company coverage: ($1 = 6.9241 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)