490 million dollars for a heavy state bank.

Source: Internet
Author: User
Shanshan shares (600884) bulletin, the company's six board of directors 26 meeting to consider the adoption of investment in Zhejiang Heavy State Commercial Bank Co., Ltd. 's motion.  Companies to subscribe to the price of 6 yuan per share of heavy State Bank issued shares of 82.42 million shares, a total of 494.52 million yuan, accounting for heavy state banks to increase the shares after the registered capital of 6.87%. The company said the foreign investment funds for self-financing. The investment in the thick State bank, after Ningbo Bank again for the company to allocate high-quality financial equity assets, further promote the company's investment in the financial sector, is conducive to enhancing the value of the company's assets, in line with the company's investment planning and long-term interests. A strong State bank's good asset status and profitability is expected to bring the company a reasonable return on investment.

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