Guangdong Electric Power Directional additional completion

Yue electricity a announced last night that Yue electric A to its controlling shareholder Guangdong province Yue Electric Group Co., Ltd. non-public issue 138.047 million shares, the shares had been registered in the Shenzhen branch of the company in May 12 registration procedures, and will be listed on 25th, the stock exchange of the day the company does not set a price limit. It is understood that the directional additional price for 5.94 yuan per share, raise capital scale of 820 million yuan.　　Last week, Guangdong Electric Power a closed at 6.30 yuan, the plate fell to the vicinity of the additional price, a recent low of 6.00 yuan.　　The Guangdong Electric Power directional additional process began last April, as of this non-public offering, Guangdong Electric power group total holding 1.331 billion shares, accounting for 50.05%, directional additional increase after the increase to 1.469 billion shares, the total share capital of 52.51%, still for the company's controlling shareholders. The announcement said that the Guangdong Electric Power Project raised funds,　　will be 450 million yuan to invest in the prestige cloud of Tashi Energy Co., Ltd. to increase capital, dedicated to the Yunnan Prestige Tashi Coal-electricity integration project Kwan-Yin Shan coal Mine Two well project construction, will be 120 million yuan to Guangdong and Guangzhou electric Zhanjiang Wind Power Co., Ltd. to increase capital, build Xuwen Warriors wind power project, 250 million yuan for repayment of corporate loans. According to the source, because the additional target is the actual holding company major shareholders, under normal circumstances, controlling shareholders for the holding needs, the sale of such restricted stocks will be relatively low, and the current and the price of the issue price difference is not high. Therefore, the shares are expected to be listed on the sale of the market pressure is not big, future expected to follow the market further rebound.