BRIEF-Zhejiang Jiahua Energy Chemical to acquire stake in new material firm

April 5 (Reuters) - Zhejiang Jiahua Energy Chemical Industry

Co Ltd

* Says it plans to acquire at least 67.4 percent stake in

new material firm for up to 290.1 million yuan ($42.07 million)

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

Further company coverage:

($1 = 6.8950 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)