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BRIEF-Shanghai Guao Electronic Technology Plans To Raise Up To 450 Mln Yuan In A-Share Private Placement

April 30 (Reuters) - Shanghai Guao Electronic Technology Co Ltd:

* SAYS IT PLANS TO RAISE UP TO 450 MILLION YUAN ($63.73 million) IN A-SHARE PRIVATE PLACEMENT TO FUND TWO PROJECTS, REPLENISH WORKING CAPITAL Source text in Chinese: https://bit.ly/2VNj3lc Further company coverage: ($1 = 7.0610 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)