Jan 14 (Reuters) - Tianjin Lisheng Pharmaceutical Co Ltd :
* SAYS UNIT PLANS TO SET UP COMPANY FOR PRODUCTION PROJECT WITH INITIAL INVESTMENT OF 154.2 MILLION YUAN ($23.87 million) Source text in Chinese: bit.ly/2AZJhmO Further company coverage: ($1 = 6.4607 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)