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    Gold Wind Technology H-Share Listed On A Stranded &Nbsp Refund Today; A Shares Resume Trading Limit

    2010/6/18 15:56:00 39

    Finance

      

    Gold wind technology H-share

    IPO shelved.

    In view of the deteriorating market environment and the recent sharp fluctuations in the market, Jin Feng Technology said that it is not wise to sell the global market at present.

    Today, subscription funds will be refunded without interest.


    Today, gold wind technology A shares resume trading, opening 3% lower, with the market in the afternoon.

    Plunge

    Jin Feng Technology, such as Chung Chung, closed at the closing limit, trading 960 million yuan a day, changing hands 5.04%.


    Jinfeng technology intends to issue 395 million H-shares in Hong Kong, with a price of 19.8-23 yuan and a maximum of 9 billion 92 million yuan, and is expected to be listed in Hong Kong in June 22nd.

    Although the city has Li Zhaoji and Zheng Yutong and other rich and powerful to subscribe for, but the golden wind.

    science and technology

    During the offering period, Hong Kong stocks were unsatisfactory and some of the public offerings were not fully fulfilled.


    It is reported that, taking into account the poor market conditions, Jin Feng Technology Management has lowered the issue price from 19.8 yuan to 18.1 yuan, but the market still does not buy it, the subscription is very light, the first day of public offering is only 10 million 300 thousand yuan.

    In this regard, Jinfeng technology is also reluctant to make the price, rather than postpone the listing plan.


    According to the "H-share prospectus" issued by Jin Feng Technology, Jinfeng technology originally planned to use about 40.2% of the funds raised to build production bases and optimize group business; about 14.6% were used to design and develop more advanced wind turbines and some related components; about 24.1% were used to expand the international market (mainly the United States, Australia and Europe) and promotion activities; another 11.1% of the funds were used to repay bank loans; about 10% were used as general operating funds.

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