BRIEF-Jiangsu Zhongnan Construction's 2016 profit up, to invest in Lian Chu Securities

April 24 (Reuters) - Jiangsu Zhongnan Construction Group Co


* Says 2016 net profit up 16.05 percent y/y at 407.7 million

yuan ($59.21 million)

* Says it signs agreement to invest 287.1 million yuan in

Lian Chu Securities

Source text in Chinese:;

Further company coverage:

($1 = 6.8857 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)