BRIEF-Jiangsu Hongdou Industrial's unit wins land auction for 1.6 bln yuan

March 31 (Reuters) - Jiangsu Hongdou Industrial Co Ltd

* Says unit wins land auction for 1.56 billion yuan

($226.38 million) in Nanjing city

Source text in Chinese: http://bit.ly/2nmhru8

Further company coverage:

($1 = 6.8912 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)