Chengdu high-speed Monday evening issued a notice to determine the issue price range of 3.25 yuan-3.6 yuan. According to the arrangement, Chengdu high-speed will be held on July 14 afternoon online Roadshow, and July 15 online distribution, the code for 780107. The issue of the number of not more than 500 million shares, including the issuance of the mechanism before the launch of the network under the issue of shares not exceeding 150 million shares, accounting for the number of the issue of 30%, online funds to purchase a portion of not more than 350 million shares, accounting for the number of this issue 70%. Issue Interval 3.25-3.6 yuan Issuer and sponsor (main underwriter) Galaxy Securities according to the initial inquiry of the price, and taking into account the issuer's fundamental, H share price, comparable company valuation level and market situation, to determine the issue price range of 3.25 yuan/share-3.6 yuan/ Shares (with the upper and lower limits), corresponding to the P/E ratio (calculated after the total issuance of shares) is 18.06 times times to 20 times times. Chengdu Express July 10, 2009 (Preliminary inquiry deadline) The H shares closed at HK $3.22, according to the PBoC July 10, 2009 announced the RMB exchange rate of 1 Hong Kong dollar = 0.88141 yuan, the equivalent of RMB 2.84 yuan. Under the net oversubscribed 272 times times the initial inquiry period, a total of 172 inquiry object Management 578 placing objects to participate in the preliminary quotation. Among them, the provision of effective quotations (refers to the declared price is not lower than the price interval of 3.25 yuan/shares) of the placing of 570 of the objects, corresponding to the number of subscriptions and 40.7612 billion shares. Preliminary quotation for a valid quotation for the placing of the target can be through the Shanghai Stock Exchange network under the purchase of electronic platform to inquire its participation in the online purchase of the upper and lower limits. (This source: NetEase Financial Author: Chen Bin)
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