British force special proposed to raise 1.7 billion debt repayment two shareholders taking the opportunity to reduce in advance

British force (000635, before the closing price of 16.40 Yuan) disclosure of Non-public offering plans, the company intends to raise 1.714 billion yuan for repayment of loans and supplementary liquidity.　　This is not any investment for "circle money" of the directional issue of additional announcements obviously let the people surprised, and the company's second largest shareholder Yinchuan Xinyuan seems to "insight into the opportunity", in the issuance of additional suspension has been reduced by 2.66 million shares. Today (December 18), the British special release of the public offering program, the company intends to issue 124 million shares, the issue price of 13.80 yuan/share, raise 1.714 billion yuan. Among them, the holding shareholder, Anglo Group, has commissioned a loan of $1.187 billion to the company and 389 million yuan in cash to subscribe to 114 million shares, and strategic investor Xiangyu Group has subscribed 10 million shares to 138 million yuan in cash.　　Anglo Group Subscribe to the company's current issue of shares constitute a related transaction. The announcement showed that, as the company's scale continued to expand in recent years, the company's capital demand has increased, the ratio of asset-liability has remained high in recent three years and the end of the period of 80.8%, 80.69%, 75.82% and 78.03% respectively. In order to support the company's continued operation, the British group has given the company financial support.　　As of September 30, 2010, the British power group through the Commission of loans to provide corporate capital balance of 1.187 billion yuan.　　The company said that the Non-public offering to repay the Anglo-Rand group's commissioned loans, the company's capital and net assets will increase, financial security, financial cost reduction, asset and liability ratio will be effectively reduced, investment and financing ability to be promoted.　　Before the suspension of the company's latest closing price of 16.40 yuan/share, compared with the targeted distribution of prices (13.80 yuan/shares) higher than 18.84%. On the other hand, December 14, the company issued a notice of suspension, but also issued a notice of shareholder reduction. The company's second largest shareholder Yinchuan New from October 27 to December 10 through the collection of auction transactions accumulated reduce the company 2.656 million shares, accounting for 1.5% of the company's shares.　　Before the reduction, Makawa source held 8.5402 million shares, accounting for the proportion of total equity 4.82%, after the reduction, Makawa source holds 4.2025 million shares, accounting for 2.37% of the total equity. Industry insiders pointed out that the British force to give the directional additional program is disappointing, do not invest in expanding the business, and in order to offset the large shareholder debt and supplementary liquidity, no wonder two of shareholders before the "escape" ahead.