February 21, 2017 / 3:59 AM / 7 months ago

BRIEF-Tongyu Communication plans industry buyout fund with partners

Feb 21 (Reuters) - Tongyu Communication Inc

* Says it plans to set up industry buyout fund worth 1.0 billion yuan ($145.26 million) with partners

Source text in Chinese: bit.ly/2lANb1z

Further company coverage: ($1 = 6.8841 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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