GF Securities 18 billion directional additional proposal approved by shareholder meeting

NetEase Finance September 1 News Today, the general meeting of the shareholders to consider public-directed additional motion, at the meeting, the motion received high votes passed. The shareholder meeting of the General Assembly is 74.37% of the total voting shares of the company.　　A total of 6 bills, including the bill on the company's non-public offering of shares, were considered at the general meeting and all the votes were passed.　　The next step of the issue will be reported to the SFC, pending the approval of the SFC to be issued, but the process may be longer, some analysts believe that may be the end of the year or early next years to start. According to the earlier announcement of GF Securities, this will be to the specific object of the non-public issue of not more than 600 million shares, the price is not less than 27.41 yuan, the total amount of funds raised not more than 18 billion yuan in the stock.　　The funds raised will be used to increase the company's capital and replenish the company's operating capital to expand its business. Directional additional benefits the long-term development of the company Hongyuan Securities that the targeted issuance of fund-raising is conducive to enhance the competitiveness of the company.　　Suppose the issue price is 27.41 yuan, the number of shares issued for 600 million shares, raise funds for 16.45 billion yuan, the assumption that all funds for financing and margin, in accordance with the yield of 8% of the net profit can be 1.316 billion, according to the issuance of capital 3.1 billion calculation, can be thickened EPS0.18 yuan. Suspense and equity transfer puzzle companies but there is still uncertainty about the success of the issue, plus the Guangdong-China shares will be transferred, the future brokerage business income will be reduced by 15%, operating income reduced by 6%, the inevitable impact of brokerage business status and the overall competitiveness of the company, the National Yuan securities that Future equity transfer and additional suspense will become the two major problems in the future development of the company.