BRIEF-Ningbo Xusheng Auto Technology To Invest 100 Mln Yuan To Set Up Auto Parts Unit In Zhejiang

Jan 8 (Reuters) - Ningbo Xusheng Auto Technology Co Ltd :

* SAYS IT PLANS TO INVEST 100 MILLION YUAN ($14.59 million) TO SET UP AUTO PARTS UNIT IN ZHEJIANG Source text in Chinese: Further company coverage: ($1 = 6.8546 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)