NetEase Financial October 12 News of Air China yesterday evening announcement, the company's Non-public additional applications approved by the SFC. The company will make a separate announcement after receiving the approval. Air China has announced the launch of A, H-share targeted additional funds not more than 6.5 billion of the plan, it is reported that the air will be to include the holding shareholder AVIC Group, including not more than 10 specific objects targeted additional. of which AVIC group subscribe to a shares of not less than 1.5 billion yuan. According to additional plans, Air China intends to raise more than 5.6 billion yuan in the shares, and also to the Chinese Aviation (Group) Co., Ltd. issued H-shares raise not more than 1.04 billion Hong Kong dollars (equivalent to 915 million yuan), the total amount of capital raised not more than 6.5 billion yuan. Air China said the proposed additional funds would be used to supplement the company's working capital, of which 1.5 billion yuan was used by relevant national ministries to acquire a minority shareholder equity project, in view of the company's own funds to pay all the equity acquisition money, The $1.5 billion will also be used directly to replenish the company's liquidity. Air China A shares today continue to strong, early morning micro-open, fast on the attack, the largest increase in the plate more than 7%, closed, a a-share of the 13.8 yuan, the whole day deal 1.343 billion yuan, turnover rate of 1.26%, volume continued to enlarge. Related news: Air China's a-share of targeted additional fund-raising 5.6 billion approved by the SFC
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