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BRIEF-Guangxi Fenglin Wood Industry To Set Up Unit With Registered Capital Of 500 Mln Yuan

Dec 5 (Reuters) - Guangxi Fenglin Wood Industry Group Co Ltd :

* SAYS IT PLANS TO SET UP UNIT WITH REGISTERED CAPITAL OF 500 MILLION YUAN ($72.89 million) Source text in Chinese: Further company coverage: ($1 = 6.8594 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)