BRIEF-Meihua's Q1 net profit up 54 pct y/y

April 19 (Reuters) - Meihua Holdings Group Co Ltd

* Says Q1 net profit up 54.0 percent y/y at 341.4 million

yuan ($49.57 million)

Source text in Chinese: http://bit.ly/2oru1c7

Further company coverage:

($1 = 6.8868 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)