BRIEF-Pingdingshan Tianan Coal Mining's Q1 net profit up, plans debt-for-equity swap fund

April 24 (Reuters) - Pingdingshan Tianan Coal Mining Co Ltd

* Says Q1 net profit up 7,962.8 percent y/y at 317.1 million

yuan ($46.06 million)

* Says 2016 net profit at 753.3 million yuan versus net loss

of 2.1 billion yuan year ago

* Says it plans to set up debt-for-equity swap fund worth

2.5 billion yuan with partners including China Industrial

International Trust

Source text in Chinese: http://bit.ly/2oDn8EV;

http://bit.ly/2p9f1BG; http://bit.ly/2oDCavd

Further company coverage:

($1 = 6.8845 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)