October 25, 2016 / 9:06 AM / 3 years ago

BRIEF-Shandong Chenming Paper's Q3 profit more than doubles, plans insurance firm with partners

Oct 25 (Reuters) - Shandong Chenming Paper Holdings Ltd

* Says Q3 net profit up 115.8 percent y/y

* Says it, partners plan to set up life insurance company with registered capital of 1.0 billion yuan ($147.60 million)

Source text in Chinese: bit.ly/2dRFIXK; bit.ly/2eEY7ai

Further company coverage: ($1 = 6.7750 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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