BRIEF-Zheshang Development to boost supply chain management unit's capital

March 10 (Reuters) - Zheshang Development Group Co Ltd

* Says it plans to invest 200 million yuan ($28.92 million)

to set up electricity distribution firm

* Says it plans to boost supply chain management unit's

capital by 400 million yuan to 500 million yuan

Source text in Chinese: http://bit.ly/2ncNpdI;

http://bit.ly/2mssC7v

Further company coverage:

($1 = 6.9164 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)