Hyper 4 Billion 800 Million Raised 80 Million Yuan To Repay Loans.

For the newly released listed companies after the reform of the issuing system, the high price earnings ratio of the listed companies has greatly raised them, but the next question is how to use the over raised funds.

Especially for the 002399.SZ who raised over 4 billion 852 million yuan, it is a difficult problem before the company.

However, Hai Rui has begun to deal with this problem.

The company said today that the company intends to apply for 480 million yuan of funds from over raised funds to repay bank loans and supplement permanent liquidity to purchase raw materials for heparin.

Specifically, the 80 million yuan loan of Limited by Share Ltd new era branch of Limited by Share Ltd, China Merchants Bank, will be returned in advance. The loan will expire in June 22, 2010. At the same time, due to the continuous growth of the company's business and the rising price of heparin raw materials, the company will continue to purchase raw crude heparin crude products to meet the market demand.

To this end, the company needs to increase liquidity to maintain the company's reasonable inventory of raw materials and finished products, which needs to add 400 million yuan of liquidity.

For this part of the use of ultra raised funds, hyper believes that the use of part of the excess fund to repay loans, supplementary liquidity, help reduce the company's financial costs, meet the needs of the company's business development, and raise the efficiency of the use of funds raised.

Li Li, chairman of the company, said that the company's IPO fundraising would be used in the main industry the day before yesterday.

According to his prediction, after the completion of the expansion project, it is estimated that the annual raw material supply will be 10 trillion units, and the proportion of pigs required will be 36.79%.

The project, which is invested by 865 million yuan, is an annual production of 5 trillion units, which conforms to the US FDA certification and the European Union CEP certification standard.

After the above raised funds were identified, the remaining 4 billion 372 million yuan is still 5 times the above investment projects.

Therefore, how to use this huge sum of money does not seem to be simple for Hei Rui.

Although compared with the gem, he does not need to determine the use plan of the over raise fund in 6 months, but it should be used in 5 years. For such a large sum of money, it may be used for M & A, a Shenzhen investment bank believes.

Guo Du securities industry researcher Zhang Xiang also believes that M & A is a good way to think of at present, but it is not so easy to merge and operate.