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    Song De Shares To Start The Gem Stock Market

    2011/1/14 10:59:00 34

    Song De Joint-Venture Gem

    Song de stock (300173)

    Release

    Announcement, will be officially launched on 14, the company intends to use the net to inquiry.

    object

    Placing issue and online

    capital

    The initial public offering does not exceed 17 million shares of RMB common stock in the way of pricing and issuance, of which no more than 3 million 400 thousand shares are issued under the net.


    The company is mainly engaged in R & D, production and sales of gravure press and its complete sets of equipment, and is a leading supplier of gravure printing machines and complete sets of equipment in China.

    The funds raised will be invested in high-speed multi-color printing equipment and R & D center projects, with a total investment of 158 million yuan.

    The rest of the funds will be used for other projects related to the main business.


    According to the time schedule, in from January 17th to 19th, the company and its sponsor will complete preliminary enquiry, on-site promotion and so on. In January 20th, the issue price will be determined, and the purchase will be started in January 24th.

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