BRIEF-Qingdao Hengshun Zhongsheng sees Q1 net profit up 30-40 pct

April 7 (Reuters) - Qingdao Hengshun Zhongsheng Group Co Ltd

* Says it sees Q1 net profit up 30-40 percent y/y at 112-121

million yuan ($16.23-$17.54 million)

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

Further company coverage:

($1 = 6.8998 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)