New issuance plan for Central shares

Central shares (002129) announced that the company intends to terminate the 2010 non-public offering of the stock option, and also proposed the 2011 annual Non-public offering shares program. The company's new directional add-add scheme shows that, to include the controlling shareholder Tianjin Central Electronic Information Group Co., Ltd., including the private issue of shares, not more than 100 million shares (including 100 million shares), not less than 60 million shares (including 60 million shares), the issue price is not less than 23.91 yuan/share. Among them, the Central group signed the proposed subscription company for the private issue of the shares of 10%-20%.　　Total of the company raised 2.4 billion yuan.　　and the company 2010 directional additional plan shows, to 11.75 yuan/share non-public issue 60 million-90 million shares, raise capital no more than 1.1 billion yuan.　　The company explained that the company's 2010 Non-public offering of shares in the preparatory work involved in some government approval documents have been delayed compared with the original plan, and central PV in solar cells in the monocrystalline silicon materials industry, the comparative advantage of the market for central PV products demand for a significant increase. Central shares in 2011 Non-public offerings are mainly used for the following projects: The company's wholly-owned subsidiary of Tianjin Rim Semiconductor Materials Technology Co., Ltd., "IGBT and optoelectronic devices used in the area of fused silicon wafer development and industrialization project", The project is intended to invest a total of 120 million yuan, of which the funds proposed to invest 100 million yuan.　　Central European Company holding 80% of the Inner Mongolia Central Photovoltaic Materials Co., Ltd., "Green Renewable energy solar cell with monocrystalline silicon materials industrialization Project two phase project", the project is to invest a total of 1.049 billion yuan, of which the fund-raising funds to invest 800 million yuan.　　The above two projects are also the company to raise funds to invest in 2010 project, in addition to the new program also added to the project, the central photovoltaic "green renewable energy solar cells with monocrystalline silicon materials industrialization Project phase Two expansion project", the project to invest a total of 2.211 billion yuan, which raise funds to invest 1.5 billion yuan. Company said that after collecting funds in place, in order to maintain the sustainable development of the Central European Company and central PV, the shares of the Central European Company will increase the capital by 2.4 billion yuan to the Central European Company, and the companies in the ring Europe can realize the investment of the above funds by the way of the 2.3 billion yuan to the central PV.