Seven Wolves Directional Private Placement, Terminal Shop Financing To Optimize Sales Network

As the favorite of the capital market, some Quanzhou listed companies also share the financing feast through the form of private placement or bonds.

Private placement terminal shop

"Seven wolves intend to raise funds for private placement."

Mr. Shi, a longstanding investor in local stocks, said that private placement is now the most important means of refinancing for listed companies.

The seven wolves stopped trading and issued a preplan for the non-public offering of shares. It is proposed that the public offering will not exceed 53 million shares, and the issuing price will not exceed 34.27 yuan / share. The total fund-raising will be 1 billion 800 million yuan for the construction of the "marketing network optimization project".

It is understood that after the completion of the project, the new business area of 180 thousand square meters, the new year after the project sales scale of about 1 billion 400 million yuan.

"The growth of seven wolves is only a microcosm of the refinancing of the listed companies this year."

Shi said that in the first three quarters of this year, the market center of gravity continued to move down in the atmosphere, the two level market "bulk" refinancing is difficult for investors to accept, even in this round of market, seven wolves closed before the 40.70 yuan / share, yesterday to 40 yuan / share opened, and then fell to 38.65 yuan / share, a decline in the A share market decline in the forefront.

After 14:00 in the afternoon, the stock price rebounded and the closing price was 39.85 yuan.

Issuing short-term corporate bonds and replenishing capital

Mr. Liu, a well researched investor in Hong Kong stock, said that in the third quarter, he announced that he had completed the issuance of convertible bonds of 30 million US dollars (about HK $233 million) to the investment fund issued by CITIC Capital Holdings Limited, Affiliated Companies, in conjunction with R & D, production and sale of nonwovens and recycled fiber.

"Issuing convertible bonds will enrich the capital to capture business opportunities in the new material industry."

Chief executive officer Nian Weicheng said.

The issuance of bonds is no stranger to Quanzhou listed companies. Many listed companies have announced the payment of short-term financing bills since the beginning of this year. For example, the crown Fu household and phoenix bamboo textile respectively pay 45 million yuan short-term financing coupons and 50 million yuan short-term financing certificates last year, and interest rate bond interest rate is 4.2%.

In this regard, insiders estimate that the financing cost of short-term financing bills is relatively low and the amount of financing is relatively large, and the issuance of short-term financing bills can enhance corporate reputation and reputation.

A shares refinancing has exceeded three hundred billion yuan

Refinancing refers to the direct financing of listed companies through the rights issue, issuance and issuance of convertible bonds.

According to the insiders, under the background of monetary tightening, the demand for refinancing of listed companies has increased, and management has always encouraged increasing direct financing.

The official said that the way of private placement has a significant effect on improving corporate profits and improving corporate governance. For example, Guan Fu family used to sell shares of not more than 60 million shares at a price of not less than 5.78 yuan / share. The net proceeds of the non-public offering are not more than 300 million yuan, of which 252 million 900 thousand yuan will be used for household chain stores, and another 47 million 100 thousand yuan will be used to supplement company liquidity.

Previously, Xun Xing shares also issued a 350 million yuan plan for private placement. In the first three quarters, the company made a profit of 62 million 240 thousand and 700 yuan, an increase of 54.65% compared with the same period last year and a profit of 0.402 yuan per share.

Relevant data show that from 1 to September this year, the listed companies raised funds raised by fixed investment up to 330 billion yuan.

According to the insiders, whether the issuance, rights issue or issue of convertible bonds will be diverted to market funds.