Sunshine Paper landed Hong Kong Stock Exchange Board of 100 million shares of HK $600 million

Source: Internet
Author: User
Keywords Paper Hong Kong dollar SEHK shares fundraising
December 12 10:08 A.M., China Sunshine Paper Holdings Co., Ltd. was successfully listed on the main board of the Hong Kong Stock Exchange, becoming the second listed company after St Pharmaceutical Co., Changle County. The company issued 100 million shares at a price of HK $6 per share and successfully pooled HK $600 million. On the first trading day, Sunshine paper closed at noon a share of HK $6.16, trading shares of more than 30 million shares, the total turnover of about HK $190 million. It is understood that century Sunshine Paper Co., Ltd. was founded in 2001, is from China far Bo Paper Co., Ltd. and Changle Weidong Paper Chemical Co., Ltd. Investment in the formation of Sino-Foreign equity joint ventures. After 7 years of development, the company from a staff of more than 400 people, insolvency, the brink of failure of enterprises, developed into now has fixed assets of 1.1 billion yuan, more than 1000 employees, with four holding and wholly-owned subsidiaries of large enterprises, corporate assets of more than 1.1 billion yuan, annual sales income of 1.5 billion yuan. Its leading products are mainly high-grade consumer packaging paper, is the country's largest flour cattle card, light coated flour Cattle card manufacturers, the country's three major paper tube manufacturer one of the original paper.
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