The proposed H-share Xu Machinery 10 send 10 send 1.2 yuan record

Source: Internet
Author: User
2011 The first high transfer program released!  Although the report has not yet opened the curtain, but in 2011, the second day, Xu Machinery (000425, the former closing price of 57.20 yuan) on the opening of a high transfer of good head--each 10 shares to send 10 shares of 1.20 yuan in cash, the company's listing since the profit distribution record. No more than 258 million shares of H-shares were proposed yesterday (January 4), the Xugong machinery emergency suspension, said that the occurrence of the share price may have a greater impact on the lack of public disclosure of major issues. Today, the company issued a resolution of the board of directors, the board agreed to issue H shares and listed, the issue of the number of H shares does not exceed the issuance of the company's total share capital of 20%, and the joint bookkeeping manager does not exceed the issue of the number of H shares 15% of the excess placement rights.  According to the current 1.03 billion shares of the company's total equity, the company will issue no more than 258 million shares of H shares.  Xu Machinery said that the company issued H-share shares and listed funds to be used for the construction of domestic and foreign research and development system, expand the company's international business, industrial upgrading and parts supporting, construction and improvement of marketing network at home and abroad, service system, supplementary liquidity and so on.  This is the Xu machinery in September 2010 after the issuance of additional 4.9 billion yuan, again to seek financing from the capital market.  The introduction of a high dividend program in the introduction of the financing plan, Xu Machinery also launched a dividend scheme to stabilize investors confidence. Xu Machinery in the bulletin, said that the company issued a share of shares in the stock before the distribution, the company intends to December 31, 2010 of the total share capital of 1.031 billion shares, to all shareholders 10 shares to send Red shares 10 shares, 10 shares of cash distribution 1.20 yuan (including tax).  If the company completed the issuance of the H-share shares and listed before December 31, 2011, after the implementation of the profit distribution scheme, the company's accumulated profits will be shared by the new and old shareholders after the issuance of H shares and the listing.  Xu Machinery of this distribution scheme has become the listed company in 2011, the first high transfer dividend scheme, but also the company since the 1996 listing of the highest distribution plan. Xu Machinery is the domestic lifting machinery and compaction machinery of the leading enterprises, September 2010 the company completed Non-public offerings, to raise 4.9 billion yuan to invest in research and development, host class, parts and components, such as the four types of projects.  According to the plan, these projects will make the company sales 2012 years later than the current expansion of about 80%. The industry is also very optimistic about the rapid development of xugong machinery. Oriental Securities said that the company's domestic market share of lifting machinery has reached more than 50% for 3 consecutive years, 2010 as a result of capacity restrictions on the market share has declined, the year-on-year growth of only about 15%, but after the expansion of the next 3 years, the company is expected to increase the annual growth rate will be significantly more than At the same time, under the large-scale foundation construction pull, the company's compacting machinery brand superiority will be fully reflected, anticipates its next 3 year annual growth rate in 30% toOn。

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.