The additional price is determined to be 5.01 yuan/share

Source: Internet
Author: User
Hippocampus shares (000572) announced the results of directional additional, according to the distribution plan and the purchase of bookkeeping, the company after consultation with the sponsor agencies, the final determination of the issue price of 5.01 yuan/share, the issue quantity of 598,802,390 shares. The total amount of money raised in this issue is about 3 billion yuan.  Zhengzhou Investment Holdings Limited and Zhengzhou Finance development company respectively subscribed for 99.8 million shares, Haitong Securities and Jiangsu Rui China Investment Development Co., Ltd. subscribed to 61 million and 60 million shares, the remaining four strategic investors subscribed to the remaining shares. The company raised funds will be to two projects, the first project is the hippocampus business 150,000 car technical renovation project. Project expansion of stamping, welding, painting, assembly, engine and other process production lines, as well as the public station room production and ancillary facilities. After the completion of the project, will be on the basis of the existing new capacity of 150,000 vehicles/year, engine capacity of 150,000 units/year. The project is expected to add a total investment of 2.745 billion yuan.  Among them, the new construction investment 2.389 billion yuan, new project liquidity 356 million yuan. Another project is the new product development project of the hippocampus Zhengzhou automobile. The project is expected to add a total investment of 734 million yuan. Among them, the new construction investment 549 million yuan, liquidity 185 million yuan.
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