Hualian shares proposed to raise funds not exceeding 1.65 billion

Hualian shares (000882) announced the Non-public offering plan today. According to the plan, Hualian shares will not more than 10 specific objects issued not more than 245 million shares, the issue price is not less than 6.75 yuan/share.　　Among them, the controlling shareholder of Beijing Hualian Group Investment Holdings Limited and its controlled enterprises are not involved in the non-public offering, and all the issuers subscribe to this non-public offering in cash.　　According to the plan, Hualian shares of the Non-public offering is expected to raise the total amount of funds not exceeding 1.65 billion yuan, after deducting the issuance fee after the net amount of fund-raising is not expected to exceed 1.61 billion yuan. The collection of funds is mainly used for the acquisition of Hualian Group held Beijing million trade limited liability company 60% of the equity, and through the holding million-trade home to win the million Willow shopping center property assets, construction and renovation of 3 private shopping center assets, construction and renovation of 6 rental shopping centers. The non-public offering of shares and equity acquisitions and the completion of the property alteration, the company operates a shopping center will reach 21, including its own property 8, leasing 13 of the property.