Sub-star anchor chain to be issued 90 million shares

Sub-star Chain (601890) issued a letter of intent in late Monday. The company plans to issue 90 million shares, issued after the total share capital of 360 million shares.　　The unit will implement an online subscription on December 15 and will be listed on the Shanghai Stock Exchange. The issue of the use of the network to the request for inquiry to the object of the allocation and online funds to purchase and distribute the way the combination.　　Among them, the network issued 18 million shares, accounting for the number of the issue of 20%;　　According to the issue schedule, the inquiry time is December 8-December 10, December 14 published "Preliminary inquiry results and issue price Interval Bulletin", the net subscription time for the December 14-December 15, online release time for December 15. Jiangsu star Anchor Chain Co., Ltd. is the world's largest chain cable industry, specializing in marine chain and ocean mooring chain of production enterprises, is China's marine anchor chain and offshore platform mooring chain production and export base.　　About 60% of the company's products are exported to Japan, Korea, Europe, the United States and many other countries and regions. This issue raises funds to invest in the following three projects: annual output of 30,000 tons of large size high-strength R4 Marine Mooring chain construction project, an annual output of 30,000 tons of ultra-high strength R5 Marine mooring chain Technology project, Jiangsu star anchor chain Research and Development Center construction project, the total investment of 717 million yuan.