As a result of the continuous plunge in share prices, Anhui Vigau today disclosed that the company's board of Directors has been reviewed through the revision of targeted additional programs, which, in the direction of additional prices have been slashed. The company said that the targeted additional prices were determined to be no less than the board resolution notice Day (March 12, 2010) The first 20 trading days of the company's stock average price of 90%, that is, not less than 11.31 yuan/share, however, due to the securities market has undergone a great change, The company will adjust the directional additional price to no less than five session of the Board of directors resolution of two days (June 4, 2010) The first 20 trading day of the company's stock average price of 90%, that is, not less than 7.96 yuan/share, the prices than the original price discount to nearly 30%. Since April 9, the company's share price fell all the way, yesterday reported close to 8.10 yuan, has already broken below the original additional price, if the price is still launched by the targeted additional, will make the subscription of the object just to face floating losses, it is bound to affect the company's distribution plan. It is understood that Anhui Vigau encounter embarrassment is not an example, up to now, dozens of listed companies have fallen below the price, especially the banking, chemical and real estate industry, such as Salt Lake Potash, the company intends to issue more than 70 yuan price, And yesterday close only 43.28 yuan, discount 40% or more, Huaxia Bank has just announced to 11.17 Yuan of the price of targeted additional fund-raising 20.767 billion yuan, there will be a continuous plunge, yesterday closed also only 10.68 yuan. In addition, on the real development, Suning global real estate units of the latest closing price is much lower than the proposed to the lower limit. Some analysts said that many listed companies are close to the statutory time, if the market continues to be depressed, listed companies either give up the issue, or adjust the issue price. The Anhui Vigau only adjusted the additional price, did not adjust the number of additional shares, if the lower limit of 7.96 yuan/share, the company's targeted additional than 100 million shares of the fund-raising amount of about 796 million yuan, greatly lower than the original no more than 1.7 billion yuan.
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