January 12, 2018 / 9:21 AM / a year ago

BRIEF-Baoding Tianwei Baobian Electric Revises Share Private Placement, Plans To Obtain Financing

Jan 12 (Reuters) - Baoding Tianwei Baobian Electric Co Ltd :

* SAYS IT REVISES SHARE PRIVATE PLACEMENT PLAN, TO RAISE UP TO 1.13 BILLION YUAN ($174.98 million)

* SAYS IT AIMS FINANCING OF UP TO 15 BILLION YUAN IN 2018

* SAYS IT AIMS TO OBTAIN CREDIT OF 30.5 BILLION YUAN IN 2018 Source text in Chinese: bit.ly/2mnCXQZ; bit.ly/2DmUHE9 Further company coverage: ($1 = 6.4580 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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