On August 8, 2012, Shuguang announced the non-public offering of stocks. The company plans to issue no more than 180 million shares at a price of not less than RMB 5.50 per share to a specific target of not more than 10, including Shuguang Group. Shares, the total amount of funds raised does not exceed 990 million yuan. Among them, the subscription amount of Shuguang Group is not less than RMB 200 million and not more than RMB 210 million. Funds were raised for Liaoning Shuguang high-end light axle construction project, Dandong Shuguang heavy axle construction project, supplementary liquidity and repayment of some bank loans. background: As of the end of June 2012, the total number of motor vehicles in China reached 233 million, of which 114 million were automobiles; the number of motorists in the country reached 247 million, of which 186 million were motorists. According to the forecast of the auto industry of the China Association of Automobile Manufacturers on July 26, 2012, the sales volume of China's autos was about 20 million in 2012, an increase of about 8% year-on-year. China's auto manufacturing industry has entered a relatively stable new stage of development. Shuguang Co., Ltd. is one of the few independent suppliers of axle components in China. The main products are all kinds of light axles. In addition, it also produces heavy-duty axles for passenger cars and heavy trucks. All achieved independent production. In the lightweight drive axle segmentation market, the company has had the largest market share in the domestic market for more than ten consecutive years. influences: After the above projects are completed and put into production, Shuguang will increase the production capacity of 300,000 light-duty drive axles and 300,000 suspension bridges and 40,000 heavy-duty axles annually, which will optimize the company’s axle product structure and improve The company's auto parts business is centered on axle products. At the same time, the total sales revenue of the project will reach 2.18 billion yuan, equivalent to 35% of Shuguang's 2011 main business. At the end of 2010 and at the end of 2011, the asset-liability ratio of Shuguang Co., Ltd. was all around 67%, which was much higher than the average level of the industry. The fund-raising will use 220 million yuan for replenishing liquidity and repay some bank loans, which will reduce the company's financial expenses. The stock of Shuguang Co., Ltd. was suspended on August 2. The stock price closed before trading was closed at 6.31 yuan, which was 14.7% higher than the reserve price of the issue. The success of a Fushan print depends partly on design and partly on printing. For an excellent print design or product packaging, printed color will bring perfect image quality and convey the value of the final product. Customized Certificate Card, Paper Business Card,Greeting Card Fushan Color Print Co., Ltd , https://www.jsfushanprinting.com
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