BRIEF-Zhejiang Dafeng Industrial sets IPO pricing

April 7 (Reuters) - Zhejiang Dafeng Industrial Co Ltd

* Says it plans to issue 51.80 million shares at 10.42 yuan

($1.51) per share to raise 539.76 million yuan for its Shanghai

IPO

Source text in Chinese: http://bit.ly/2niRssL

($1 = 6.9029 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)