BRIEF-Zhejiang JIULI Hi-tech Metals Plans To Invest 199.8 Mln Yuan In Project

Jan 22 (Reuters) - Zhejiang JIULI Hi-tech Metals Co Ltd :

* SAYS IT PLANS TO INVEST 199.8 MILLION YUAN ($28.94 million) TO SET UP ALLOY PIPE-RELATED PROJECT Source text in Chinese: Further company coverage: ($1 = 6.9029 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)