The development of GF Securities to raise funds not more than 18 billion yuan

NetEase Finance August 2 News of the Monday evening issued a notice, the company's board of directors to consider and passed the "on the company's non-public offering of shares program," The proposed price is not less than 27.41 yuan/share, the total amount of fund-raising not more than 18 billion yuan. Bulletin shows that the non-public offering of GF Securities is not more than 10 investors who comply with laws and regulations, including Securities Investment fund Management company, securities company, Investment Trust Corporation (with its own funds subscription), finance company, insurance Institution, qualified overseas institutional investor and other institutional investors, natural persons, etc. not exceeding 10　　The specified object for the name. GF Securities said that the current issue of the pricing benchmark date for the board resolution Notice Day, the issue price is not lower than the benchmark date of 20 trading days of the company's stock trading average price of 90%, that is, the issue prices not less than 27.41 yuan/share. If the company shares in the pricing base date to the date of issue dividend, Shang, Capital Provident Fund to increase equity, etc.　　The final issue price will be determined by the company's board of directors and the sponsoring Agency (the main underwriter) after the company obtains the approval approval issued by the CSRC.　　This non-public offering shares the total amount of money raised not more than 18 billion yuan, will be used to increase the company Capital, supplement the company's operating capital, expand the company's business. The total number of shares in Non-public offerings to a particular target is not more than 600 million shares, and the maximum amount of such issuance is increased in the same proportion when the total amount of equity increases as a result of the Shang and transfer of equity. In the above scope, the Board of Directors shall authorize the boards to determine the final issue quantity in consultation with the sponsor (principal underwriter) according to the actual subscription.