BRIEF-YUNDA's Q1 net profit up, plans share issue to fund projects

April 24 (Reuters) - YUNDA Holding Co Ltd

* Says Q1 net profit up 35.4 percent y/y at 278.9 million

yuan ($40.51 million)

* Says it aims to raise up to 4.5 billion yuan in private

placement of shares to fund projects

Source text in Chinese:;

Further company coverage:

($1 = 6.8844 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)