East Haven shares open additional 20 million shares

Source: Internet
Author: User
Keywords Shares
East Haven shares (002117) issued a notice that the company's public offerings not more than 20 million shares by the CSRC approved.  The company's additional fund-raising will be used for personalized color printing, smart card manufacturing and personalization processing and integrated financial services outsourcing business three projects, estimated total investment of about 345 million yuan.  The additional three projects, the smart card project to point to EMV migration (bank card from the magnetic stripe card to the IC card transfer) opportunities, personalized color printing for the bank's internal color printing needs, and integrated financial services outsourcing projects are mainly used to provide value-added services to customers. It is noteworthy that the Bank of China card IC is still in the initial stage, the future development of a broad space.  East Haven shares through long-term commercial paper printing business has established a certain customer base, the company is expected to rely on this additional opportunity to become the Bank IC card and bank card size manufacturers. It is reported that the company's additional projects will be completed during the year. After the completion of the project, will further improve the company's production lines, expand capacity, develop new business, enhance the company's competitiveness.
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