China-Italy compression issued by SASAC approved stock price was once lower than the additional price

Hua Yi compression (000404.　　SZ) announced today, the company received the controlling shareholder Sichuan Changhong Electric Co., Ltd. (hereinafter referred to as "Sichuan Changhong") forwarded the relevant documents, the Sichuan provincial government's state-owned Assets Supervision and Administration Committee approved the approval of the Chinese-Italian compression of non-public offerings, including Sichuan Changhong to 300 million yuan cash to participate in the subscription of this Chinese-Italian Earlier, the company announced that the proposed 100 million ~2 billion shares, the issue price is not less than 7.85 yuan/share.　　But after the company announced, the company's share price fell below 7.85 yuan, after the continuous increase in the market, the company's share price can be again over the issue of additional prices, but the current price is only 8.45 yuan, if the market again fall, do not rule out the company's share price has not yet issued, on the　　A beijing-based brokerage investment banking sponsor told reporters that in general, companies in the decision to direct the issue of additional, according to the need to either pull up the price or depress the price. The raise capital of not more than 1.1 billion yuan, for the new annual output of 5 million units of ultra-high efficiency and frequency conversion compressor production line project (322 million yuan), a new annual output of 6 million efficient and commercial compressor production line project (raise input of 400 million yuan), Huayi Compression Technology Research Institute construction project (raise investment 78 million yuan), supplementary liquidity (raise investment 300 million yuan).