China ships (600150) March 3 evening issued a notice said that the non-public offering of 60 million shares, the issue price is not more than 66.33 yuan/shares, raise funds not more than 4 billion yuan, will be used to acquire 100% stake in Dragon Point Shipbuilding, offshore wind power tower business, marine Low-speed diesel engine and ship repair business. The issue of non-public offerings include the holding shareholder of China Shipping Group, Baosteel Group, Chinese shipping and so on no more than 10 specific investors. The shipping group, Baosteel Group and China Shipping group have pledged to subscribe for no more than 600 million yuan, 300 million yuan and 300 million yuan. The collection of funds of about 2.8 billion yuan to acquire 100% stake in Dragon Cave Shipbuilding.
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