BRIEF-Guangdong Qunxing Toys to acquire battery firm for about 2.9 bln yuan
March 31 Guangdong Qunxing Toys Joint-Stock Co Ltd
* Says it plans to acquire electric vehicle power battery firm for about 2.9 billion yuan ($421.24 million) via share issue
* Says it plans to raise up to 1.0 billion yuan to fund projects, acquisition
Source text in Chinese: bit.ly/2ogNEI8
Further company coverage: ($1 = 6.8845 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)