BRIEF-Shanghai NAR Industrial Plans To Raise Up To 305.2 Mln Yuan In Share Private Placement

March 26 (Reuters) - Shanghai NAR Industrial Co Ltd :

* SAYS IT PLANS TO RAISE UP TO 305.2 MILLION YUAN ($43.11 million) IN SHARE PRIVATE PLACEMENT TO FUND PROJECTS Source text in Chinese: Further company coverage: ($1 = 7.0799 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)