Declassified Southwest Securities 6 billion additional

Daily malaise in the market, the SME Board index to create a new high in the current, Southwest Securities (600369.　　SH September 1, the successful issuance of 420 million shares, a total of 6 billion yuan to raise funds, 8 placing objects to 14.33 yuan/share subscription for additional shares. Why do Southwest securities, which are not satisfactory in China, choose to issue shares this time? How will this amount of money be used after 6 billion dollars?　　Recently Southwest Securities Chairman Ongzhenjie accepted the "first financial daily" interview, the above issues to make an exclusive response.　　Low-level additional "sale" equity?　　Since the beginning of the fourth quarter of last year, brokerage fellows began to sing empty brokerage stocks, the general will be the stock market downgrade, into September, Galaxy Securities has been the overall rating of the securities industry to neutral, while the financial index has fallen by nearly 20%, the value of the downward shift is more logical.　　The South-West securities additional price 14.33 yuan/share, relative to the issue date (August 18, 2010) The first 20 trading days of the company's stock exchange 13.65 yuan/shares have 4.98% of the premium, relative to the southwest of the history of the high record 22.66 yuan has 36% discount. And for the issue of "sale" of the stake of the question, Ongzhenjie does not agree: "At present, the additional 6 billion yuan to make the net capital scale fully expanded, and the company to the ' full license ' brokerage is also a step closer." After all, the company's development is more important, the decision for the old shareholders is still relatively cost-effective for the new shareholders are more attractive. "The sale" is only one of the issues in the south-West Securities issue, another point of contention is the opposite: because of the additional price of 14.33 yuan/shares, compared with the current value of 12.91 yuan has a 9.9% premium.　　In other words, the new shareholder has just come in a few days and is about 10%. Ongzhenjie that: "The current issue price of 14.33 yuan/share, although higher than the market prices, but the Southwest securities to obtain 6 billion yuan refinancing, the company's capital strength has been greatly enhanced, the business base further tamping, the future value of confidence in a year or a few years after the new and old shareholders satisfied." "Foreign mergers and acquisitions in Hong Kong first day before the successful issuance, coincides with the Southwest Securities report." It shows that the company achieved a net profit of 161 million yuan in January-June, operating profit of 198 million yuan, operating income of 569 million yuan, the year-on-year decline of larger.　　As the last one to appear in the 2010-year listed securities companies, the end is also difficult to reverse the first half of the brokerage performance decline trend. The "Eclipse" of the newspaper has not stopped investors from the heat, 420 million shares by strategic investors dispelled, Southwest Securities will be successfully raised 6 billion yuan.　　In such a gloomy market situation, the Southwest securities How to do this, can not help to provoke the curiosity of the markets. For the trial of fund-raising, Ongzhenjie said it is mainly used in three aspects, one is the basic business, such as investment banking, brokerage, asset management, etc. one is innovative business, the company hopes to rely on innovative business to pull out of the growth of new space, such as self-employment, mergers and acquisitions, fund companies, futures companies investment;Business, seize the pulse of the market, there are overseas mergers and acquisitions. "Overseas, we tend to test water first in the Hong Kong market, mainland brokers such as Guotai, Haitong Securities already have Hong Kong market acquisition experience, while other overseas mergers and acquisitions to further, there is no specific plan." Of course, the whole offshore project must be negotiated with the regulatory authorities before they can be settled. "Ongzhenjie said.