New road bridge proposed to raise 660 million yuan

China Securities Regulatory Commission issued the Ministry of Supervision of the issuance of the 16th notice, the issue of the Audit committee scheduled for July 21, 2010 in 2010, the 110th issue of the Audit committee meeting to review the Chengdu New Road Bridge Machinery Co., Ltd. starting application. Pre-disclosure data show that Chengdu New Road Bridge Machinery Co., Ltd. before the release of the company's total share capital 105 million shares, the proposed release of not more than 35 million shares in circulation shares, issued after the total share capital 140 million shares.　　The raise funds to invest in three major projects: Bridge building earthquake-resistant functional Components Series products technical renovation project, set up a subsidiary to implement the bridge functional components Precision Billet manufacturing base Technical renovation project, Research and Development Test Center technical renovation project, the total proposed to use the amount of funds raised 660 million yuan investment. Since its inception in 2001, mainly engaged in bridge support, bridge expansion device, prestressed Anchorage and Other railway, highway bridge functional components business. The function of bridge is one of the key parts of bridge quality and safety.　　After years of accumulation, the company has in the area of bridge functional components from research and development, design, production, sales to after-sales service to provide the overall solution of the ability, at the same time the company is also engaged in road construction and maintenance equipment (including paver, excavators, etc.), concrete machinery and other product development, production, sales and service. After years of development, the company has become China's bridge functional components industry has the most complete varieties of CRCC certification products, product chain, one of the most complete, has grown into a can provide customers from product development, design, production to on-site after-sales service as a whole solution of the national industry well-known leading enterprises. Most of the company's product technology in the domestic first-class level, some products and technologies to reach the world's advanced level, in the industry with leading technical advantages. The company has become one of the most comprehensive strength of the domestic bridge functional components industry, and the company in the most profitable railway bridge bearing market share of 2007 years in the industry first, 2008 and 2009 years in the industry second (data source: According to the Ministry of Railways Project Trading Center open winning information statistics).