Broad hundred shares proposed to increase the price of 25 million shares not less than 23.65 yuan

NetEase Finance July 23, a broad hundred shares Friday evening issued a notice said, the company intends to publish the number of not more than 25 million shares (including 25 million shares) of stock, the issue price is not less than 23.65 yuan/share, for the purchase of a new city square part of the property project, Big Lang Logistics Distribution Center project and Zhanjiang People's Big Shop project. Guang Hundred shares said the company intends to raise funds for the above projects 50,317.100,000 Yuan. If the actual collection of funds is less than 50,317.100,000 yuan, the insufficient part of the company to raise funds to solve their own, if the actual collection of funds more than 50,317 100,000 yuan, then the excess funds will be used to supplement the company's liquidity.　　This non-public offering has an important role in reducing project operating costs, expanding market share, perfecting the company's industrial chain, improving overall profitability, enhancing the company's ability to resist risks and continuously improve its competitiveness. The company plans to use 6,039 per cent of its current offering to buy the property of its large holdings, the company's controlling shareholder, which constitutes a related transaction, said Guang Bai. Prior to the release, the company held a 62.1% per cent stake in the company as a controlling shareholder. The maximum amount of this issue is 25 million shares, only 12.89% of the total amount of the company's equity after the completion of the issue.　　As a result, the share of the group may have fallen after the release, but its status as a controlling shareholder of the company will not change. The notice shows that the private issue of shares of the restricted period of 12 months, restricted period since the issuance of shares on the date of listing.