BRIEF-Shanghai Shibei Hi-Tech's unit wins land auction for 1.06 bln yuan

March 24 (Reuters) - Shanghai Shibei Hi-Tech Co Ltd

* Says unit wins land auction for 1.06 billion yuan

($153.91 million) in Shanghai

Source text in Chinese: http://bit.ly/2n0LZm5

Further company coverage:

($1 = 6.8871 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)