The company intends to issue shares of 1.23 billion yuan for investment in the construction of fish pond photovoltaic power plants and supplementary liquidity

A week's suspension of the billion-crystal photoelectric (600537, closing price of 11.76 Yuan) yesterday (September 18) issued a plan, the company intends to issue shares of 1.23 billion yuan to raise funds for the construction of fish pond photovoltaic power plants and supplementary liquidity.

However, the reporter noted that the overall recovery in the PV industry in the background, the company's shares yesterday after the rebound fell to a halt, the final decline reached 9.47%.

Billion crystal photoelectric yesterday issued a plan to increase the show, the company intends to be no less than 10.3 yuan/share price to not more than 10 specific investors non-public issue 119 million shares, raise funds not exceeding 1.23 billion yuan, raise the net amount of funds will be used for 100MW "Yue Guang integrated" photovoltaic power generation projects and replenish liquidity, The price discount is 20.65% before the suspension. Among them, 100MW "fishing light One" photovoltaic power generation project to raise investment amount of 860 million yuan, the remaining 360 million yuan supplementary liquidity.

Reporter noted that billion-crystal photoelectric in the plan also made a special note, pointed out that according to the company's 2012 general meeting of shareholders in the "Kang Jianhua with shareholders to change the way of compensation and the dissolution of the original profit compensation agreement," and other motions, Kang Jianhua and other people promise, The total of 26.197 million shares shall be transferred free of charge to the other shareholders of the company other than the undertaking in accordance with the total number of shares held by the 262 million shares per 10 shares sent to 1 shares. The object of this increase does not participate in the above unpaid Tianquan.

The analyst said that, Kang Jianhua and other people as the company's major shareholders, in the previous reorganization of assets to change the performance compensation commitment plan, investors are very controversial, large shareholders change performance compensation commitments will naturally let the market worry about the authenticity of the growth of the company's performance recovery.

Therefore, although the increase is thrown out, but market investors are not buying, have to vote with their feet. If the implementation of the performance compensation signed at the time of the reorganization, the billion-crystal photovoltaic major shareholder Kang Jianhua to cancel or send out shares of about 165 million shares, the proportion of its shareholding will be reduced from 46.08% to 18.28%.

April 27 This year, the company's board of Directors Resolution announced that the major shareholders will negotiate changes in the way of profit compensation and the dissolution of the assets of the profit compensation agreement, The scheme of the free transfer to share the contents of: In accordance with the company chairman of the total number of Kang Jianhua shareholding 262 million shares per 10 shares to send 1 shares to the total 26.197 million shares.