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Hi Long Dragon Entrance Fee 1999 Yuan Per Share.

2008/6/25 0:00:00 10328

Xi De Long

Although the market is down repeatedly, the number of new shares is still "brave" and scheduled for listing. Hinterlong (0977), who is engaged in sports shoes and clothing installation, development and wholesale, held an investor promotion conference yesterday. According to preliminary prospectus, 500 million shares were issued, of which 80% were new shares. Market information indicates that the stock price is between 1.38-1.98 yuan and 990 million yuan. Goldman Sachs and Kai Ji capital are joint sponsors. According to the news, the admission fee per hand (1000 shares) is 1999.978 yuan, and is expected to be listed on the 11 day of next month. The documents show that the dividend payout ratio is 30%. The dividend rate is 30%, and about 33% of the net proceeds from the listing are about 33% for brand promotion and promotional activities, about 24% for expanding sales network, about 15% for expansion of production facilities and acquisition of production equipment, about 6% for upgrading information management system, about 15% for long-term R & D expenditure, and about 7% for operating expenses. In addition, the mainland private media advertising operator Jinqiao today held a press conference to restart the listing plan. Market information indicates that the scale of fund-raising has been reduced to 0.5-0.6 billion US dollars (about 3.9-4.7 billion yuan), nearly half of the total amount of funds raised before 780 million yuan, and the sponsor is Morgan Stanley and Jiacheng Asia. According to preliminary online prospectus, Chen Tianqiao, chairman of the CPPCC National Committee and chairman of Shanda group, is an independent non-executive director of CCTV Jinqiao. The paper points out that a maximum dividend of 20% will be allocated for net profit in the future. The company's profit in the 06 year was 61 million 319 thousand yuan (the same below), 1.47 times higher than that of the previous year, and the profit in 07 was 42 million 775 thousand yuan, down 30.2% compared to the same period. By the end of last year, the company had pre sold 08 advertising service contracts amounting to about 385 million yuan.
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