BRIEF-Konka Group, Partners Plan To Set Up Fund Worth Up To 500 Mln Yuan

March 27 (Reuters) - Konka Group Co Ltd:

* SAYS IT, PARTNERS PLAN TO SET UP INDUSTRY FUND WORTH UP TO 500 MILLION YUAN ($70.55 million) Source text in Chinese: Further company coverage: ($1 = 7.0874 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)