Oriental zirconium industry to raise the price of 166%

The Oriental Zirconium industry (002167) today, announced that the proposed last year, the issue of the issuance of Non-public shares of all completed, the company to Changzhou Investment Group Co., Ltd. and other eight specific objects issued 19.12 million shares, the total amount of fund-raising 306 million yuan. At the end of last year, the Oriental zirconium industry developed a directional additional program, the company will be to the controlling shareholder Chen Chao Dian, such as not more than 10 of the specific objects of private offerings not more than 30 million shares, the issue price is not less than 9.63 yuan/share. According to the result of the final issuance, the issue price is 16 yuan/share, equivalent to the original set of 9.63 yuan/share of the release of 166%. (Lee)