BRIEF-Xinfengming Group's Energy Unit To Invest 13 Bln Yuan In Chemical Fibre Projects

March 22 (Reuters) - Xinfengming Group Co Ltd:

* SAYS ITS ENERGY UNIT PLANS TO INVEST 13 BILLION YUAN ($1.83 billion) IN CHEMICAL FIBRE PROJECTS IN ZHEJIANG PROVINCE Source text in Chinese: Further company coverage: ($1 = 7.0950 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)