BRIEF-Tongling Jingda Special Magnet Wire, affiliates set up micro-credit firm

March 20 (Reuters) - Tongling Jingda Special Magnet Wire Co

Ltd

* Says it and affiliates plan to invest 300 million yuan

($43.45 million) to set up micro-credit firm

Source text in Chinese: http://bit.ly/2nCIW7v

Further company coverage:

($1 = 6.9050 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)