No more than 26.5 million shares approved by SFC

Source: Internet
Author: User
NetEase Finance January 20 News of the Public and electrical late issued a notice that the company does not issue more than 26.5 million shares of new shares approved by the SFC.  The public and electrical prior to the release of the notice shows that this is intended to be no less than 15.99 yuan/share of the distribution of more than 40 million shares, investment in rail traffic. The electrical and mechanical indicated that, after deducting the issue fee, this non-public issue raises the capital limit to 591 million yuan, the raise funds will all use in three projects: Supplementary rail Transit Project Operation Fund Project, the Rail Traffic signal control system development project and Huaneng Hunan Yueyang Power Generation Limited Liability company three period 2x  600MW Unit flue Gas desulfurization Project franchise project. As of January 20 closed, the public telegraph 23.04 Yuan, down 2.17%.

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