The development of Saint-Agriculture developed 52 million shares to raise 1.5 billion yuan

NetEase Finance November 9, the development of the Tuesday night, said the announcement, the company proposed to increase not more than 52 million shares, the total amount of funds collected not more than 1.5 billion yuan, for "the annual new 96 million feather Broiler project and ancillary project construction." The 52 million-share San-Nong Development said that the issue adopted to a specific object of non-public distribution, in the CSRC approved this issue within 6 months after the release of not more than 10 specific objects. The total number of shares issued is not more than 52 million shares (including 52 million shares), the final issue amount by the company and the sponsor (the main underwriter) according to the purchase situation and the company to raise funds demand for consultation to determine.　　All issues are subscribed in cash. The issue price is not less than 29.23 yuan/share announcement, after the discussion of the St.　　The company shares in the Board resolution notice day to the issue date, if dividend, Shang, capital accumulation to increase equity, such as the right to remove the interest, the issue will be adjusted accordingly.　　The issue of the issuance of shares in the restricted period is one year of the development of the agriculture, said that the non-public issue of shares after the issue, the specific target subscription of the shares, from the end of the issue within 12 months of not listed transactions or transfer.　　Raising 1.5 billion yuan for the broiler project the total amount of capital raised (including the issue fee) does not exceed 1.5 billion yuan, the non-public offering of funds (after deducting the issue fee) will be all put into "the new 96 million feather broiler project and supporting construction projects." The announcement indicated that the total investment of the project was 237,466.540,000 Yuan.　　Among them, construction investment 225,909.60,000 yuan, bedding liquidity 4,777.950,000 Yuan.　　Saint-Agriculture development, said that if the actual fund-raising project investment needs, the company will be self-financing way to make up for the shortfall; if the actual raise funds appear surplus, the remainder will be used to supplement the company's liquidity. The non-public offering to raise funds in place before the company will be in accordance with the actual situation of the project progress of self-financing first input, and in place after the collection of funds to be replaced.