BRIEF-Jiangsu Yawei Machine Tool Says Strategic Investor To Invest 195 Mln Yuan For 6.43% Stake

March 22 (Reuters) - Jiangsu Yawei Machine Tool Co Ltd :

* SAYS IT PLANS TO BRING IN STRATEGIC INVESTOR VIA PRIVATE SHARE PLACEMENT INVOLVING UP TO 195 MILLION YUAN ($27.48 million), OR UP TO 6.43% STAKE IN THE COMPANY Source text in Chinese: https://bit.ly/3beG3OY Further company coverage: ($1 = 7.0950 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)