BRIEF-Nanjing Quanxin Cable Technology plans asset acquisition, share private placement

April 5 (Reuters) - Nanjing Quanxin Cable Technology Co Ltd

* Says it plans to acquire a company for 726 million yuan

($105.30 million) via cash, share issue

* Says it plans to raise up to 271.4 million yuan in share

private placement to help fund the acquisition

Source text in Chinese:

Further company coverage:

($1 = 6.8945 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)