Yu-Tong passenger car proposed to raise 2.5 billion yuan

Source: Internet
Author: User
Keywords Bus
Yutong Bus (600066) announcement, the company intends to December 31, 2010 the company's total share capital of 519,891,723 shares as the base, to all shareholders 10 shares placing 3 shares, the number of shares can be allotment 155,967,516, the total amount of funds collected not more than 2.5 billion yuan, For investment in energy-saving and new Energy bus production base project.  The company's controlling shareholder Zhengzhou Yutong Group Co., Ltd. pledged to subscribe in full cash to its shares. The project is planned to build 6,000 vehicles/year and 4,000 new energy passenger cars per year. Before raising funds in place, the company will invest in a self-financing basis according to the actual situation of the project schedule. The company expects that the future passenger demand growth in the next 7% or so, the proportion of new energy passenger cars will grow rapidly, the market prospects are broad. Project to achieve the design capacity, annual tax-included sales income of 8.315 billion yuan, excluding tax sales revenue of 7.107 billion yuan.  Project up to the postpartum, normal production average annual profit of 670 million yuan, after-tax profit of 502 million yuan. So far, the company has developed 12 hybrid bus and 4 pure electric vehicles, products covered 10~18 meters city bus. Among them, has already obtained the national Bulletin the product to have 12, is approving in the 2 paragraph, is declaring the 2 section. In the domestic city demonstration operation process, these products all reflect the good fuel economy and the environmental protection performance.
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