BRIEF-Sanan Optoelectronics Plans To Raise Up To 7 Bln Yuan In Share Private Placement

Nov 11 (Reuters) - Sanan Optoelectronics Co Ltd:

* SAYS IT PLANS TO RAISE UP TO 7.0 BILLION YUAN ($1.00 billion) IN SHARE PRIVATE PLACEMENT TO FUND SEMICONDUCTOR-RELATED PROJECT

* SAYS GREE ELECTRIC APPLIANCES PLANS TO INVEST 2.0 BILLION YUAN IN THE SHARE PRIVATE PLACEMENT, WHILE THE OTHER COMPANY TO INVEST 5.0 BILLION YUAN Source text in Chinese: https://bit.ly/2X4InlD Further company coverage: ($1 = 6.9941 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)