Dalian Friendship withdraws non-public issue application approved by SFC

NetEase Finance March 9 News Dalian Friendship 9th Evening issued a notice, withdrew the application for Non-public offering has been approved by the SFC. Dalian Friendship said that the company and the sponsoring agencies had submitted to the CSRC on March 2, 2011 the report of the Dalian Friendship (Group) Co., Ltd. on the withdrawal of the application for the non-public issue of administrative license.　　This application was approved by CSRC documents on March 8, 2011. Dalian Friendship said that in the process of non-public offering of stock options, the security market environment has undergone a great change, and the company intends to implement two projects through directional issuance of "one product • Tiancheng" project, Suzhou "Sea-Shang-yi" late project is currently in progress,　　Therefore, the decision to abandon the implementation of the company's 2009 Non-public offerings, the company and the sponsor decided to voluntarily withdraw the application of the private issue. Prior to that, in July 2009, Dalian Friendship issued a notice, the number of non-public offering of shares not more than 60 million shares (including 60 million shares), the issue price is not less than 15.24 yuan/share.　　The net amount of funds raised does not exceed 800 million yuan.　　Dalian Friendship 9th opened a lower, closed down 0.47%, the report closed at 14.71 Yuan. Responsible Editor: NF054