NetEase Financial March 8 north of the shares decided to not less than 16.79 yuan/share, directed additional 180 million shares, to raise the net amount of funds not exceeding 3 billion yuan. The proposed part of the fund is used to acquire the TDI (toluene diisocyanate) and the pump valve assets under the Chinese Ordnance Industry Group Corporation, partly for the expansion and technical renovation after the completion of the acquisition. In particular, the North will invest 328 million yuan to acquire the arms group of all subsidiaries of Gansu Silver Silver Poly Chemical Co., Ltd. 49.35% Equity, investment 619 million yuan to buy Gansu Yintai Chemical Co., Ltd. 100% Equity, Invest 192 million yuan to buy Liaoning North Brocade Polyurethane Co., Ltd. and other companies of 60% Equity, and invest 126 million yuan acquisition of the natural person held Xiangfan 525 Pump Co., Ltd. 29.93% equity. After the completion of the acquisition, the north will increase the company's chemical capital of 522 million yuan and the implementation of 50,000 tons/year TDI Technical Transformation Expansion Project, Silver Tatsu Chemical Industry in 2010 completed the production of TDI products 45,800 tons, sales of 45,800 tons of TDI products, achieve a net profit of 58.5467 million yuan, north of the stake will be increased to the north of Liaoning 1.11 billion yuan for 100,000 tons of TDI technology expansion Project, in addition, the 525 pump to increase the capital of 100 million yuan for upgrading projects. North of the shares, said the completion of the Non-public offering, in addition to Nitrocellulose manufacturing, the company's business areas will be extended to the TDI industry, and will have the industry's leading TDI production technology and advantages of the market position, the formation of new profit growth, conducive to enhancing the company's sustainable development capabilities. Affected by this news, the unit opened trading today. The volume is weak. Related news north of the shares issued 3 billion yuan to buy weapons group TDI assets
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