BRIEF-Pengqi's shareholder, parties acting in concert plan to increase shareholdings

April 19 (Reuters) - Pengqi Technology Development Co Ltd

* Says shareholder Song Xueyun, parties acting in concert

plan to invest up to 470 million yuan ($68.25 million) to

increase shareholdings in the company in next six months

Source text in Chinese: http://bit.ly/2pBTnG2

Further company coverage:

($1 = 6.8861 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)