BRIEF-Zhejiang Sanhua Intelligent Controls plans asset acquisition

April 11 (Reuters) - Zhejiang Sanhua Intelligent Controls Co

Ltd

* Says it plans to buy auto parts firm for 2.15 billion yuan

($311.62 million) via share issue

* Says it aims to raise up to 1.3 billion yuan in private

placement of shares to fund projects

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

Further company coverage:

($1 = 6.8994 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)