BRIEF-Hunan Baili Engineering Sci & Tech plans buyout fund

April 10 (Reuters) - Hunan Baili Engineering Sci & Tech Co

Ltd

* Says it plans to invest 200 million yuan ($28.98 million)

to help set up buyout fund

Source text in Chinese:http://bit.ly/2oR7dHE

Further company coverage:

($1 = 6.9021 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)