China South car major shareholder to invest 1 billion to strengthen today's share price

NetEase Financial July 2 News China South Car evening announcement, the company's holding shareholder South Vehicle Group on July 1 through the SSE trading system to increase the company shares 2 million shares.　　News, China's south car today's shares rose, trading for half an hour, or more than 3%, turnover significantly enlarged, the turnover rate is only 0.37, visible funds involved in the obvious.　　It is announced that this increase in the former South Car Group Holdings of the company's shares of 6.422 billion shares, accounting for about 54.25% of the total shares issued by the company, this time the South Car group holding the company shares of 6.424 billion shares, about the company has issued the total shares of 54.26%. South Vehicle Group intends to continue in the next 12 months timing increase in the company's shares, the cumulative increase in the proportion does not exceed the company has issued total shares of 2%, the total amount of investment not more than 1 billion yuan. and committed to overweight during the period and the statutory period does not reduce its holdings of the company shares.