St Country tipped Ladies application approved

Source: Internet
Author: User
Keywords Approved
St Countries (600187) notice, approved by the SSE, revocation of the company's stock trading other special treatment. Since August 26, the stock resumption of transactions, referred to as "state-China water service."  Company officials said that tipped ladies to eliminate the obstacles to the development of corporate finance, the company will accelerate to the industry's first camp. St in the country formerly known as the St Black Dragon, May 18, 2006, because of three consecutive years of losses were suspended listing. 2007 at the end of the country (Tianjin) Water Co., Ltd. to buy 420 million Yuan St Black Dragon 70.2% state-owned corporate shares, put into the water assets, restored St Black dragon profitability.  Resumed on the market since April 17, 2009. Due to the current operation of the three water assets of small volume, limited profitability, coupled with many institutions of "St" companies at a respectful distance to the St countries in the financing and development has brought a lot of difficulties.  After the company tipped ladies, will eliminate the company's financing obstacles, broaden the financing channels, for the company to accelerate the development opportunities. The company said that the company's targeted additional materials have already been submitted to the CSRC, is currently under review. The Non-public offering is completed, the company's water handling capacity will be increased by 495,000 tons/day, profit of nearly 50 million yuan, the company's net assets will be expanded to about 1 billion yuan, business capacity, performance and industry status will be greatly enhanced. The company strives to realize the daily processing capacity of 5 million tons within 3-5 years, and ranks among the water industry first camp will be around the corner.
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