Gold Mantis raise capital 1.8 billion layout "big decoration"

Golden Mantis (002081) announced today, the company intends to not more than 10 of the specific objects of the non-public offering of no more than 29 million shares, the issue price is not less than 62.06 yuan/share, the total amount of funds collected not more than 1.8 billion yuan. Raise funds to be used for energy-saving curtain wall and door and window production line construction projects, building decoration wood products factory production projects and the acquisition of Suzhou US-Germany Building Decoration Co., Ltd. 40% Equity and increase capital and other 8 projects.　　Shares in the company also opened a duplicate today. For the background of the targeted additional, the gold Mantis said, China is currently in the urbanization, industrialization accelerated development period, benefiting from the sustained rapid growth of fixed asset investment and urbanization process, star hotel, high-speed railway, urban rail transit and other commercial and infrastructure construction to maintain high-speed development, will bring a large number of decorative needs.　　China's architectural decoration industry will continue to develop rapidly in the future for a long time. The object of this issue is the Securities Investment fund Management company, securities company, Investment and Trust Corporation, finance company, Insurance Institution investor, qualified overseas institutional investor (including the account of the above-mentioned investors ' proprietary account or the management of the invested product accounts), other domestic legal investors and natural persons (excluding the gold Mantis group,　　Jin Yuqian Company and its consistent action person, etc. no more than 10 specific objects.　　Capital raising projects in the building decoration wood products factory production projects, building decoration stone factory production project total investment of 258 million yuan, can enhance the part of parts of the self supporting capacity, stable upstream resource supply while better to meet the star hotel interior decoration and other high-end market. Energy-saving curtain wall and door and window production line construction project investment 389 million yuan. In recent years, the Golden Mantis curtain wall Business Rapid development, 2009 to achieve operating income of 480 million yuan, is expected to reach 2010 full year 650 million yuan, compared to 2009 growth of 35%. After the implementation of the project, curtain wall and door and window capacity will be further expanded, curtain wall and door and window products will be further to energy saving, environmental protection upgrades.　　Through the upgrading of existing capacity, will further promote the company's curtain wall and door and window business continued rapid growth. And the use of 657 million yuan to raise funds to buy the United States and Switzerland 40% of the equity and increase capital of the United States red, Gold Mantis landscape, Gold Mantis House, can expand the company in public building decoration, the overall housing decoration and landscape garden Business scale, enhance the project to undertake the gold mantis ability,　　Improve the gold mantis in the overall architectural decoration industry in all areas of the market share, enhance the company's continued growth of profitability and risk-resistant ability. Gold Mantis revealed that the company 2010 1-September Operating income growth of 53% year-on-year, the company is expected to continue to maintain a faster growth, the company's marketing network and operational management to put forward higher requirements, therefore,　　The fund-raising 440 million investment marketing network and engineering Construction Management Operation Center construction will lay the foundation for the future development of the company. At present, the Gold Mantis has been formed by building decoration engineering design, construction, landscape landscaping engineering design, construction, art, furniture, curtain wall design, production, building parts factory production components, etc.Decoration industry chain, forming a "big decoration" business model.