BRIEF-Zhongshan Broad-Ocean Motor's unit, partners plan industry fund worth up to 1 bln yuan

May 2 (Reuters) - Zhongshan Broad-Ocean Motor Co Ltd

* Says unit and partners plan to set up new energy car

innovation industry fund worth up to 1.0 billion yuan ($144.99

million)

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

Further company coverage:

($1 = 6.8970 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)