BRIEF-Shunfa Hengye's 2019 Net Profit Down 40.8% Y/Y, Plans Share Buyback

March 25 (Reuters) - Shunfa Hengye Corp:

* SAYS 2019 NET PROFIT DOWN 40.8% Y/Y AT 608.4 MILLION YUAN

* SAYS IT PLANS TO BUY BACK COMPANY SHARES WITHIN 12 MONTHS Source text in Chinese: https://bit.ly/2UCyvii; https://bit.ly/33IO38x Further company coverage: (Reporting by Hong Kong newsroom)