BRIEF-Tongwei's 2016 net profit up 39.1 pct, plans medium-term notes, commercial paper

April 14 (Reuters) - Tongwei Co Ltd

* Says 2016 net profit up 39.1 percent y/y at 1.0 billion

yuan ($145.21 million)

* Says it plans to issue up to 2.0 billion yuan medium-term

notes, up to 2.0 billion yuan commercial paper

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

http://bit.ly/2nLRXvl

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($1 = 6.8865 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)