Yangtze River Securities issuance scale shrinks two-thirds

Source: Internet
Author: User
Keywords Changjiang Securities
Tags accounting accounting for the total business business development company compared compared to the development
Changjiang Securities 8th Night issued a notice, the company issued the final issue number of 200 million shares, compared to the previous "no more than 600 million shares" of the target shrink two-thirds, the total amount of fund-raising for 2.534 billion yuan.  For the issue on the eve of a big single toss, the announcement that the action is individual investors.  Changjiang Securities said that the company's current business development, the February performance is more than market expectations, the issue of the issuance of the number and raise funds will not have a substantial impact on the development of the company. According to the additional online, online subscription statistics, the Internet to participate in the first subscription of the original A-share shareholder number of 12,150 households, all for the effective purchase, a total of 25,219,334 shares, accounting for the total amount of the distribution of 12.61%, online general social public investors to purchase the number of households for 3,916 households, All for the effective purchase, a total of 48,711,861 shares, accounting for the total amount of 24.36%, the net institutional investors to purchase 2, all for the effective purchase, a total of 16,000,000 shares, accounting for the total amount of the distribution of 8%. Underwriting Group Underwriting 110,068,805 shares, underwriting the amount of nearly 1.4 billion yuan, accounting for the total amount of 55.03%.  The main underwriter Oriental Securities said, will be in the Yangtze River Securities to consider the majority of shareholders and maintain the stability of the company market value of the premise, in the two-tier markets timing holdings held in the Yangtze River securities stocks.  Ma Yi, director of the Oriental Securities Investment Bank, said after preliminary understanding that the 8.85 million-share Sell-off was done by individual investors, but details and the motives for the investor's Sell-off also await a detailed investigation by regulators on the issue, according to the chief executive of the Yangtze River Securities market in the March 3. The Yangtze River Securities Dong Xu Jinwen said, the additional occurrence of the accident, the company timely and proactive reporting to the regulatory Department of Communication, and timely information to investors to disclose the initiative, all work to protect the interests of investors.  Although the issue of the number of issuance and raise funds than expected less, but the company's current business development, the company will take effective measures to improve the use of funds to raise the efficiency of the main business development. Market participants said that, although the fund-raising did not reach the expected, but the Yangtze River securities choose to reduce the size of the issue, to avoid the possible adverse impact on investors, but also conducive to protecting the interests of the broad masses of investors. Responsible Editor: NF045
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