Chi-High air conditioning landing HKEx opening price 2.92 Hong Kong dollar rose 28.6%

July 13 Morning News, Chi-Gao Holdings Limited landed in Hong Kong motherboard today, the listing opened up 28.6% reported 2.92.　　On the issue price of HK $2.27, the value of the shares held by the Chairman and Chief Executive Officer Li Xinghao will be at least HK $773 million after listing. Chi-Gao Air-conditioning this issue 72.5 million shares, raise capital of HK $120 million. The previously established IPO price of HK $2.27 per share is the limit for the scope of the prospectus.　　This morning, Chi-Gao air-conditioning IPO public offering enthusiastic response, the first day of the listing of the trading of Chi-high Holdings opened 2.92 Hong Kong dollar, more than the initial price of HK $2.27 rose 28.63%, also higher than yesterday dark closed to the market value of HK $2.87, trading 11.68 million shares. Before the listing, the Chairman and chief executive officer of Li Xinghao in the interview with NetEase Technology, the financing of the small, Absalom Li Longyi and other issues have responded. In response to the small amount of financing, Li Xinghao said that the amount of fund-raising is mainly based on the development needs of the company, the company's funds are abundant, the size of the distribution coincides with the development needs, the listing does not need a lot of money. "In addition, Li Longyi The fact that I Absalom Li Xingji's son. "The financial crisis under the Chi-Gao air-conditioning counter city listing," Li Xinghao said, "2009 is the key year, the air-conditioning industry's positive news repeatedly issued, including ' energy-saving products Huimin project ', ' home appliances to the countryside ', ' export tax rebate ' and ' old for new ', will rewrite the air-conditioning industry pattern, and for Zhi Gao is a turning point. In addition, recent financial market conditions have stabilized, and investors generally value the impact of policies on the industry. Li Xinghao in answer to the listing purpose, revealed that the main to Hong Kong listed in order to cooperate with Zhi Gao's future strategic development plan, to provide more financing channels for the company to increase corporate visibility. On the small scale of financing, Li Xinghao said, "The amount of money is based on the company's development needs, and at present our development is mainly aimed at upgrading the size and capacity of commercial air-conditioning, as well as the promotion of high visibility."　　"Prior to the listing, media reports earlier Li Xinghao said that the overall first half of the domestic and foreign market situation, the annual sales are expected to maintain 10% growth, to 4 million units, is expected to surpass Haier, into the national air-conditioning industry before three." Li Xinghao in an interview with NetEase Science and technology to change their own statement, "I have always thought: Zhi Gao no competitor, the opponent is the teacher." We have to continue to learn it, beyond it, our goal is to surpass Haier. "(Gouffont)