April 16, 2018 / 8:14 AM / 3 months ago

REFILE-BRIEF-Weifu High-Technology's 2017 Net Profit Up, Unit Scraps Plan To Set Up Fund With Partner

(Refiles with links)

April 16 (Reuters) - Weifu High-Technology Group Co Ltd :

* SAYS 2017 NET PROFIT UP 53.8 PERCENT Y/Y AT 2.6 BILLION YUAN ($414.12 million)

* SAYS UNIT SCRAPS PLAN TO SET UP BUYOUT FUND WITH PARTNER Source text in Chinese: bit.ly/2H3aY6c; bit.ly/2IYjz6Q Further company coverage: ($1 = 6.2784 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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