Zaozongshen 10 million yuan to increase the power of Zong Shen

Zaozongshen another shot.　　After a series of storms from the end of last year, Zongshen Power (001696, closing price 10.28 Yuan) Chairman Zaozongshen recently increased its share of 1 million shares, the funds spent 10 million yuan.　　The use of funds 10 million Yuan Zongshen Power 22nd announced that the company's chairman Zaozongshen from May 19 to 20th, through the SSE securities trading system to increase the company shares 1 million shares, accounting for 0.1% of the company's total equity. Zaozongshen originally owned 23.205 million shares of the company, accounting for 2.27% of the company's total equity.　　After this overweight, Mr. Zaozongshen and his concerted action people Chongqing Zongshen high-speed boat Development Co., Ltd. ended May 20, a total of 254 million shares of the company's shares, accounting for the company's total share capital of 24.92%. Previously, Zaozongshen also increased the company's shares. July 11, 2008 Zongshen Power release announced that as of July 10, 2008 Close, the company's chairman Zaozongshen through the SSE trading system to increase the company's shares 500,000 shares, accounting for the company's total equity of 0.11%.　　Overweight price range of 10.78 yuan ~11.45 yuan, the total amount of more than 5.39 million yuan. Compared with two years ago, Zaozongshen is much more generous.　　The two trading days mentioned in the 22nd announcement Zongshen Power Two-level market turnover of 10.16 yuan/share calculation, the Zaozongshen overweight capital of 10.16 million yuan. Or hope to repair the company's image for the chairman of the reasons for overweight, Zongshen power in the announcement, is based on the long-term stable development of the listed company identity.　　However, some market analyst, perhaps Zaozongshen also have a deeper level of expectations. The person said, from the Zongshen power stock performance, the April 27 in addition to the right to date, the company's shares in the two-tier market generally maintained a platform consolidation posture, there is no broken down. So it's not like two years ago that the Chairman of the board needs to be seen to reassure investors. On the contrary, since the end of last year, Zongshen Power has repeatedly sparked market controversy. The first is the end of last year in the company announced to overseas lithium battery production enterprises for battery procurement, and with a Shanghai company to set up an electric power project group, the company director,　　Zaozongshen daughter Zooying through the two market early buy company shares 34,400 shares, the use of funds nearly 600,000 yuan; the Zooying held a short quilt, but as the company's share price rose quickly returns to the positive. Then came this year's tumultuous "Zaozongshen meet Buffett" incident.　　The claim, though ultimately unproven, is a bad impression in investors ' minds. A matter of time, the company executives in advance to buy stocks before the release of the phenomenon in the Zongshen dynamic again.　　Although the matter was finally testifiedthat by the company as a non insider trading, but zongshen power in the minds of investors down a lot. The aforementioned Personage said, after all, the company's industrial investment also in advance, Zaozongshen may have to take this to save the company's reputation. The company this year and next two years have 300 million yuan capital demand, do not rule out will passCapital market refinancing solution.