High-hung shares proposed to invest in additional 3G

Zhao High-hung shares proposed to the additional investment 3G High-hung shares announced today, will not more than 10 specific investors in the private issue of not more than 80 million shares to raise capital of not more than 463.5 million yuan, all objects are subscribed in cash. The company said that the issue price is not less than 6.46 yuan/share, the company's controlling shareholder of the Institute of Telecommunications Science and technology subscription is not less than the number of Non-public offering shares of 5%, not more than the number of non-public offerings of 12.42%. No more than 20 million shares in the number of individual corporate investors and natural persons and their associated persons outside the Institute of Telecommunication Science and technology. The project includes two projects including 3G Mobile Internet value-added service and Internet value-added service and it chain store expansion and 3G based mobile e-business system.