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    YOUNGOR'S Subscription Increased By 2.1%.

    2011/3/17 8:52:00 43

    YOUNGOR 2.1% Stake In Guangzhou 100 Shares

     


    On the morning of March 14th,

    Youngor Group

    On Friday night, it announced that the company invested 98 million yuan to subscribe for 4 million shares of the 100 shares of non-public offering at the price of 24.5 yuan per share.

    The above shares account for 2.10% of the total share capital of the 100 shares after non-public offering, and the investment accounts for 0.68% of YOUNGOR's latest audited net assets. It also promises to not pfer these shares within 12 months after the subscription is completed.

      


    Rough statistics, since last year,

    YOUNGOR and its holding subsidiary

    It has participated in the private placement of 12 companies, especially since August, with a total investment of more than 5 billion 800 million yuan.

    It is called by the outside world "subscribe".

      


    As a family

    Textile and garment enterprises

    The YOUNGOR group has now crossed.

    Textile and clothing

    Three major areas of real estate and equity investment, and become a typical example of investment companies in the A share market.

    Industry analysts believe that

    Youngor

    It is likely that CITIC Securities will contribute to its earnings because it is so dedicated to subscribe to the private placement of listed companies.

      


    As we all know, 1999.

    Youngor

    Invested 320 million yuan to get 9.61% of CITIC Securities, and became the second largest shareholder of CITIC Securities in one fell swoop.

    After the lifting of the equity ban, YOUNGOR began selling its stake in CITIC Securities.

    By the end of January 27th, YOUNGOR had sold more than 284 million shares of the company's stock, more than 4% of the total equity of CITIC Securities.

    From 2007 to 2009,

    Youngor

    Most of the investment gains came from CITIC Securities, which accounted for more than 90% of all securities investment returns.

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