BRIEF-Zhejiang Longsheng's 2016 net profit down 24.4 percent y/y

April 17 (Reuters) - Zhejiang Longsheng Group Co Ltd

* Says 2016 net profit down 24.4 percent y/y at 2.0 billion

yuan ($290.55 million)

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

Further company coverage:

($1 = 6.8835 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)