Central shares proposed to raise additional funds 1.1 billion

Source: Internet
Author: User
Keywords Shares Central
Tags company development group no less than no more no more than not less notice
Central shares (002129) notice, the Company intends to be no less than 11.75 yuan/share price to include the central group, including not more than 10 objects in the private issue no more than 90 million shares, not less than 60 million shares, the fund-raising is not expected to be more than 1.1 billion yuan.  The subscription ratio of the central group is 10%-20% of the issued quantity. The fund will be put into a wholly-owned subsidiary of the "IGBT and optoelectronic devices area fused monocrystalline silicon materials development and industrialization project" and the Central European Company holding 80% of Inner Mongolia Central Photovoltaic Materials Co., Ltd.  Green Renewable Energy solar cell with monocrystalline silicon materials development and industrialization project. Non-public release plan said that the collection of funds to implement and build, will ensure that the company's leading position in the project, if the project to achieve the expected targets, the annual average income after the after-tax profit of 245 million yuan, which will greatly improve the profitability of the company, is expected to increase earnings per share of about 0.43 yuan
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