Hainan High-speed establishment of micro-loan company

Hainan high-speed (000886.　　SZ) announced today that it intends to invest 87.5 million yuan in the establishment of Haikou Sea control Micro-Loan Co., Ltd., accounting for 35% of the company's shares. According to the introduction, the proposed establishment of Haikou Sea control Micro-Loan Co., Ltd. registered capital is expected to be 250 million yuan, funded by three shareholders. Hainan high-speed and Hainan Province Development Holdings Limited tie major shareholders, each accounted for 35% of the shares. Hainan Development Holding Company is a wholly-owned subsidiary of Hainan Province Sasac, which belongs to the company of Hainan Province Sasac with the high speed of Hainan.　　The third shareholder holding 30% per cent is Hainan long letter investment Holdings Limited. The microfinance company will mainly operate all kinds of microfinance and bank funds into the business, as well as SME financial management consultancy and advisory services.　　Hainan Expressway Board of directors that participation in the establishment of the microfinance company, can enable listed companies to effectively intervene in the financial industry, broaden the company's source of funds, effective use of capital markets better and faster to achieve corporate development. Hainan High speed yesterday morning stock performance, the afternoon after two o'clock suddenly exerting force, pull out a straight line, the highest rise to 4.4%, by the close yesterday, still higher than the previous session of 1.86%.