Jiangshan chemical set to increase 82.5 million shares fell more than 7% today

NetEase Financial January 18, Jiangshan Chemical announced yesterday evening issued a notice that the company intends to non-public offerings of not more than 82.5 million shares, the issue price is not less than 10.92 yuan/share, the total amount of fund-raising not more than 900 million yuan. Jiangshan Chemical said that the private issue of the number of shares does not exceed 82.5 million shares.　　Among them, the company holding shareholder, the actual control of Zhejiang Railway Investment Group Co., Ltd. to invest in the amount of shares is not less than 200 million yuan, and the number of subscription shares not more than 18.5 million shares. Jiangshan Chemical said that the company intends to deduct the issuance costs after the full fund-raising for 80,000 tons/year maleic anhydride and derivative integration projects.　　After the implementation of the project, can further expand the company's industrial chain layout, enrich the company's product structure, promote the company's product upgrades, improve the company's ability to resist risks, strengthen the company's industry position, enhance the company's continued profitability.　　Jiangshan chemical at the same time announced that the wholly-owned subsidiary of Ningbo Jiangning Chemical Company to Ningbo Land and resources bureau to buy about 203,000 square meters of land, the land transfer of about 95 million yuan, the funds required by its own funds borrowed to Jiangning chemical. Affected by this, Jiangshan chemical industry opened today. Since then the stock price shocks rebounded, closing the closing report 11.50 yuan, plunged 7.48%.