August 15, 2017 / 10:50 AM / 2 years ago

BRIEF-Ningbo Shanshan's H1 profit up 51.5 pct, plans commercial paper issue, battery materials project

Aug 15 (Reuters) - Ningbo Shanshan Co Ltd

* Says H1 net profit up 51.5 percent y/y at 339.0 million yuan ($50.74 million)

* Says it plans to issue up to 2.0 billion yuan commercial paper

* Says it plans battery materials project with investment of 3.81 billion yuan

Source text in Chinese: bit.ly/2wZU9Q3; bit.ly/2uKbfkw; bit.ly/2uFjGkX

Further company coverage: ($1 = 6.6805 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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