BRIEF-Lingyi iTech (Guangdong) Q3 Net Profit Up 39.3% Y/Y

Reuters10-29

Oct 29 (Reuters) - Lingyi iTech (Guangdong) Co 002600.SZ:

Q3 NET PROFIT UP 39.3% Y/Y
SAYS CO PLANS TO SEEK HONG KONG LISTING
SAYS UNIT PLANS TO BUY 96.15% STAKE IN XIANGLONG MANUFACTURING FOR 2.4 BILLION YUAN ($336.94 million)

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Further company coverage: 002600.SZ

($1 = 7.1230 Chinese yuan renminbi)

(Reporting by Beijing Newsroom)

((Shi.Bu@thomsonreuters.com;))

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