Into the flying integration of 1.7 billion to enter lithium battery continuous six trading

NetEase Financial July 12 News recently repeatedly trading into the fly integration attracted the eyes of investors, since the company announced the new energy, investment in lithium batteries 1.7 billion yuan since the stock price repeatedly trading, today again trading, has been the sixth trading board.　　Into the fly integrated early morning after a large, rapidly sealed trading volume, today still enlarge the turnover rate up to 10:55 points has been as high as 19%, visible trading enthusiastically. Into the fly integrated July 6 announced the non-public issue of stock options, will be through private additional 106 million shares, raise not more than 1.02 billion yuan of funds.　　The net amount after deducting the issue fee will be used to increase the lithium-ion power Battery (Luoyang) Co., Ltd. According to the announcement, the total investment of the project is 1.7 billion yuan, of which the construction investment of 1.5 billion yuan, bedding liquidity 200 million yuan. After completion of the project will form 680 million AH high-capacity lithium-ion power battery production capacity. The construction period of the project is 38 months. After the project is completed and put into production, the average annual net profit is 374 million yuan, project investment financial internal rate of return of 23.1%, the project investment recovery period of 7.8 years, into the fly integration to China Airlines lithium increase of 1.02 billion yuan, to achieve China Airlines lithium absolute Holding, is expected to account for the completion of the total increase in the lithium battery about 60% of the equity.