BRIEF-Yunnan Energy New Material Plans To Raise Up To 5.0 Bln Yuan In Share Private Placement

March 23 (Reuters) - Yunnan Energy New Material Co Ltd :

* SAYS IT PLANS TO RAISE UP TO 5.0 BILLION YUAN ($704.03 million) IN SHARE PRIVATE PLACEMENT TO FUND PROJECTS, REPLENISH CAPITAL Source text in Chinese: https://bit.ly/2WCuWLy Further company coverage: ($1 = 7.1020 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)