The price of Chinese cable shares is 36 yuan

Panoramic Network October 25 Sino-Cable shares (002498) The announcement of the Monday evening announced that the IPO price of the company's initial public offering was set at 36.00 yuan/share, with a corresponding P/e ratio of 58.06 times times.　　The unit will be implemented on October 27, 2010 (Wednesday) online, web-based purchase. The total number of shares issued by the company is 50 million shares, accounting for the total share capital after the issuance of 10.64%. Among them, under the net issue quantity is 10 million shares, accounts for this issue quantity 20%, the online issue quantity is 40 million shares, occupies the present issue quantity 80%, this issue stock purchase is referred to as "the Han Cable shares", the purchase code is "002498",　　The application for short and the purchase code is also used for this distribution network under the Internet purchase. The online purchase time for October 27 9:30~11:30, 13:00~15:00. Participating in this online purchase of a single securities account for the purchase of the Commission not less than 500 shares, more than 500 shares must be 500 shares of the integral times, but not more than 40,000 shares.　　The issuance of subscription time for the network under the 9:30~15:00 October 27. Qingdao Han Cable Co., Ltd. main wire and cable and cable accessories research and development, production, sales and installation Services, is committed to providing customers with cable and accessories of a full range of solutions.　　The company is the original Ministry of Electricity and machinery fixed-point production of wire and cable professional manufacturers, state economic first recommended the national urban and rural power grid construction and transformation of the necessary equipment products manufacturers, China wire and cable industry, the backbone of large-scale enterprises. This issue raises funds to invest in the following five projects: EHV XLPE insulated Intelligent Energy-saving cable and accessory products complete sets of production and construction projects, an annual output of 1500km marine cable construction projects, an annual output of 22500T special wire construction projects, high-pressure and ultra-high voltage cable engineering Technology Research Center construction project, Supplementary liquidity project, the total investment of 1.01 billion yuan. (Panorama net/Chen Danyong)