BRIEF-Zhejiang Jiecang Linear Motion Technology Plans Private Placement Of Shares

May 10 (Reuters) - Zhejiang Jiecang Linear Motion Technology Co Ltd:

* SAYS IT AIMS TO RAISE UP TO 1.5 BILLION YUAN ($212.07 million) IN PRIVATE PLACEMENT OF SHARES TO FUND PROJECTS, BOOST CAPITAL Source text in Chinese: https://bit.ly/2LssalD Further company coverage: ($1 = 7.0732 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)