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YOUNGOR To Spend 1 Billion 200 Million Yuan To Participate In Xugong Machinery Private Placement

2010/10/12 15:56:00 70

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Xugong Construction Machinery

Today, the company's private placement has been completed. The 164 million new shares will be listed on the Shenzhen Stock Exchange in October 13th. On the same day, the company's share price will not be excluded and stock trading will not be set up.

Reporters noted that in the Xugong machinery, the 8 issue of objects, YOUNGOR is once again the list, the company's wholly-owned subsidiary YOUNGOR Investment Co., Ltd. subscribe for 39 million 300 thousand shares, accounting for 3.81% of the total share capital, thus becoming the second largest shareholder of Xugong machinery, with Xugong machinery issue price 30.5 yuan, YOUNGOR pulled out about 1 billion 200 million yuan.

As the leader of the domestic garment industry, YOUNGOR has been regarded as a typical example of "not being honest". In September 17th, the company announced that YOUNGOR Investment Co., Ltd. invested 253 million yuan, and subscribed 14 million shares of Futian motor's private placement stock at a price of 18.06 yuan / share, accounting for 1.33% of the total share capital issued.

Further, YOUNGOR announced that it would invest 89 million 600 thousand yuan to subscribe for 7 million shares of Dongli pmission in the price of 12.80 yuan / share.

Data show that at present

Youngor

A total of 19 shares of listed companies are held.

Investment amount

A total of about 6 billion 400 million yuan, financial companies are YOUNGOR's investment hot spots, the company holds a total of Pudong Development Bank, Ningbo bank, Haitong Securities and CITIC Securities shares, accounting for 1.2% of the total share capital of these companies, 7.16%, 0.12% and 1.66% respectively.

Among them, the initial amount of investment in Shanghai Pudong Development Bank reached 1 billion 759 million yuan.

In addition to YOUNGOR, Xugong machinery's 7 other objects are also hidden in the dragon. Among them, CF Ming Yuan subscribes for 32 million 800 thousand shares, Shenzhen Ping An Innovation Capital Investment Co., Ltd. subscribes for 32 million 700 thousand shares, Shanghai Chuangxin Industrial Investment Co., Ltd. subscribes for 16 million 400 thousand shares, Jiangsu High Hope International Group Corporation Limited subscribes 13 million shares, new world strategy (Beijing) investment consultant Co., Ltd. and China Aerospace Science and Technology Group Aerospace Technology Finance Co., Ltd. subscribes 10 million shares respectively, and arms finance limited liability company subscribes 9 million 734 thousand shares. "Beijing"