Jiangsu Sunshine (600220): No More Than 1 Billion Yuan To Raise Shares.
Jiangsu sunshine (600220) announced the public offering plan in the evening of June 19th. It will be allotted to all shareholders on the basis of the proportion of no more than 3 shares of each 10 shares. The total amount of funds raised will not exceed 1 billion yuan, all of which will be used to repay bank loans. The controlling shareholder of the company and its concerted action promise to fully subscribe for the allotment shares in the allotment scheme in cash.
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