2.5 billion yuan plan approved by the SFC

NetEase Finance April 15, the announcement of the shares today, according to the China Securities Regulatory Commission issued the audit results, the company's non-public issue a-share application was approved. Company announced earlier, the company intends to include the company's controlling shareholder in Xinjiang Kwong Hui Industrial Investment (group) Limited liability company in no more than 10 specific objects issued no more than 100 million shares, the issue of the reserve price of 27.49 yuan/share.　　No more than 2.5 billion yuan. The company has previously said that, due to the state of coal chemical industry and the real estate industry dual regulatory policy, the company's 2.5 billion-yuan Non-public offering of shares lasted a long time, in order to ensure that the project "annual output of 1.2 million tons of methanol/800,000 tons of dimethyl ether (coal-based) project" smoothly,　　In order to promote the company's energy industry strategic transformation of the rapid realization of the goal, the company advance use of self-financing investment projects to invest, accumulated 360 million yuan, so the total amount of the non-public offering of shares will be reduced to less than 2.14 billion yuan. There have been several adjustments to the directional issuance scheme for the shares. June 2009, the company issued plans to 11.47 Yuan/unit, issued 100 million to 300 million shares.　　Due to the failure to obtain the CSRC's approval, in June 2010, the company will extend the issue of directional issuance for 12 months, at the same time adjusted the open price and the number of non-public offerings, to be no less than 27.49 yuan/share issued no more than 100 million shares, the funds raised no more than 2.5 billion yuan. The company closed its shares at 27.08 Yuan today. Responsible Editor: NF058