BRIEF-Shenwu Environmental Technology's 2016 net profit surges, sees Q1 rise

March 24 (Reuters) - Shenwu Environmental Technology Co Ltd

* Says its 2016 net profit up 289.5 percent y/y at 705.8

million yuan ($102.53 million)

* Says it sees Q1 net profit up 1-11 percent y/y

Source text in Chinese: http://bit.ly/2mYx3Uu;

http://bit.ly/2nezWma

Further company coverage:

($1 = 6.8840 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)