Lijiang Tourism Cloud Travel Investment directed additional 17 million shares

Source: Internet
Author: User
Keywords Tourism industry tourism industry Lijiang Tourism
Every reporter Li Wenyi lijiang Tourism (002033, closing price 13.95 Yuan) recently announced that the private offering to raise 202 million yuan, all for repayment of loans and supplementary liquidity, the industry as a financial chain, and emergency is the Yunnan provincial government in the tourism industry important investment and financing platform-  --Yunnan Province Tourism Investment Co., Ltd. (hereinafter referred to as the Cloud Brigade investment). In the last three years, the rate of tourism assets and liabilities in Lijiang rose from 15.29% in late 2006 to the end of the first quarter of this year, while the average asset-liability ratio of the listed companies in the first quarter was 42.69%. Lijiang Tourism said that as the asset-liability ratio climbed continuously, by March 31 this year, the company's loan balance as high as 365 million yuan, which directly led to a sharp increase in financial costs, profits were swallowed.  The Non-public offering is mainly used to repay 160 million yuan bank loans, so that the company's assets and liabilities rate reduced to about 31.66%.  According to the company's non-public offering plan, Lijiang tourism is intended to 11.91 yuan/share price Cloud Brigade investment issue 17 million shares, raise funds 202 million yuan, the non-public offering completed, Cloud Brigade investment will become the third largest Lijiang tourism shareholder, shareholding ratio of 14.61%. Wanguo Chen Haiming In an interview, said that cloud travel investment is Yunnan province tourism "two pioneering" the important investment strength, according to Yunnan province Sasac to the Cloud Brigade investment positioning, future cloud Brigade investment may put some mature high-quality assets through capital operation into the listed companies.
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