Not exceeding 70 million strands of pearl River beer

The Pearl River Beer (002461.SZ) today announced that the company intends to issue no more than 70 million shares, issued after the total share capital of not more than 680 million shares.　　The unit will be implemented on August 4 online, net purchase, and will be listed in Shenzhen stock market.　　The issue adopts the method of combining the placing of the quotation to the stock placing object and the online pricing issue to the social public investor, in which the number of the issued shares under the net does not exceed 14 million shares, that is, no more than 20% of the total number of shares issued.　　The main business of the Pearl River Beer is beer production and sales, is a well-known beer production enterprises in southern China, is also the leading beer industry, pure beer has been the leading position, competitive advantage is obvious. This issue raises funds to be used in Hunan Beads beer Annual output of 201,000-liter brewery project and Guangxi Pearl Beer annual output of 201,000-liter beer project, total investment of 1.067 billion yuan.