Extension of the state shares proposed 17 million shares raise 330 million yuan

NetEase Finance September 17 News Tuo State shares Friday evening issued a notice that the company intends to non-public offerings of not more than 17 million shares, the issue price is not less than 19.41 yuan/share, raise the amount of capital limit of 329.97 million yuan. The company's board of Directors considered the adoption of a motion on the company's compliance with the non-public issue of a A-share stock condition, the state shares said.　　This non-public issue does not exceed 10 designated investors, the number of issued shares not exceeding 17 million shares (including 17 million shares), the issue price is not less than 19.41 yuan/share, the maximum amount of funds raised is 329.97 million yuan.　　The announcement shows that the expansion of the state shares after deducting the issuance costs of all investment in Intelligent Controller capacity extension project, acquisition and increase of capital Shenzhen Yu Cheng Xin Power Technology Co., Ltd. to build lithium Power battery and battery management system project and Chongqing Tuo Bang Industrial Co., Ltd. Construction Operations Center project.　　Billiton shares said that in the issuance of funds before the launch of the company to invest in the project, to raise funds in place after the replacement; if the actual collection of funds below the total amount of project investment, the company will be through bank loans or other channels to solve. The notice indicates that the shares subscribed for this non-public offering shall not be transferable within 12 months from the date of the end of the issue.　　In addition, this non-public offering is subject to the approval of the Company's general meeting and the approval of the China Securities Regulatory Commission. This non-public issue shares raise the fund to deduct the issue expense to put into the project list