Fook Yiu Glass to issue H-shares

Fu Yiu Glass today announced that in order to meet the company's business development on the capital needs, the company intends to issue foreign-listed overseas shares and applications in the Hong Kong Stock Exchange motherboard listing. It is announced that the shares of the company issued are common shares, with a nominal value of RMB 1 per share, issued in the form of public offerings and international placements in Hong Kong. Subject to the minimum liquidity ratio stipulated in the regulatory requirements of the H-share listing, the share of the shares issued by the company does not exceed 18% per cent of the total number of stocks issued after the issuance, and the company has granted the bookkeeping Manager no more than 15% of the share of the shares in this issue. Detailed view, Fu Yiu Glass This issue of the issuance of H-share funds after deducting the issue fee, to be used in Russia, the United States or Europe, the Americas and other regions to build automotive glass and float glass production base, marketing and service network, expand production capacity, increase international market development, spread market risk, Accelerate the implementation of corporate internationalization strategy, in Russia, the United States or Europe, the Americas and other regions to establish international research and development and design platform, improve research and development system, improve research and development, promote long-term sustainable development of enterprises.