BRIEF-Jiangsu Hongdou Industrial's shareholder uses 556.7 mln shares as collateral

March 9 (Reuters) - Jiangsu Hongdou Industrial Co Ltd

* Says controlling shareholder has used 556.7 million shares

in the company as collateral, representing 33.8 percent of total

issued share capital

Source text in Chinese: http://bit.ly/2m1EYQM

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(Reporting by Hong Kong newsroom)