Wangfujing proposed to expand the number of stores to 1.8 billion yuan

NetEase Finance December 7 News wangfujing Night Notice, the company intends to 41.51 yuan/share of the price directed additional 44.8 million shares, the company's non-public offerings of the total amount of capital raised is expected to be 1.86 billion yuan.　　The status of the cash-raising investment project is as follows: Chengdu is investing in the 13.51% stake in Chengdu Wangfujing, the private shares, Wangfujing International cash subscription, is expected to raise cash 1.237 billion yuan.　　The company said that after the release, the company's total assets and net asset will increase at the same time, the company's capital strength will be rapidly increased, the company's asset and liability ratio will be further reduced, and the flow ratio is conducive to reducing the company's financial risks for the company's sustainable development to provide good protection.　　The company said that the purchase of the shares of Chengdu Wangfujing has a good profitability, while the opening of new stores, renovation stores have a better development prospects, the future will further enhance the company's profitability. After the completion of this issue, in addition to the current period of corporate fund-raising activities cash inflow will increase significantly, new stores, renovation stores can be long-term for the company to bring stable operating cash flow.