BRIEF-Zhejiang Crystal Optech to raise up to 1.6 bln yuan in private placement

March 6 (Reuters) - Zhejiang Crystal Optech Co Ltd

* Says it plans to raise up to 1.64 billion yuan ($237.85

million) in private placement of shares to fund projects,

replenish capital

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($1 = 6.8950 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)