Most popular CNR plans to issue no more than 3bill

2022-08-24
  • Detail

At the same time, CNR plans to issue no more than 3billion A shares from its IPO today

CNR plans to issue no more than 3billion A shares from its IPO today

the production of nylon parts is faster than the production of similar metal parts -11 China Construction machinery information

Guide: according to Shanghai Securities News, CNR Corporation Limited (hereinafter referred to as CNR) published a prospectus today, planning to issue no more than 3billion A shares and listed on the Shanghai Stock Exchange. According to the arrangement, the company will conduct inquiry and promotion from December 11 to December 16, and on December 18 and December 21

according to the Shanghai Securities News, china CNR Corporation Limited (hereinafter referred to as "CNR") published a prospectus today, which plans to issue more than 3billion A-shares with a thin layer of molybdenum disulfide grease on a regular basis, and to be listed on the Shanghai Stock Exchange. According to the arrangement, the company will conduct inquiry and promotion from December 11 to December 16, and make subscription and payment on December 18 and December 21. It is expected that the listing time on the Shanghai Stock Exchange will not be later than December 29

CNR's A-share issuance this time adopts a combination of inquiry placement from the inquiry object and subscription and issuance pricing from the upper capital. Before the callback mechanism is launched, the lower issuance will not exceed 1.2 billion shares, accounting for about 40% of the number of shares issued this time; The rest is issued upwards, with about 1.8 billion shares, accounting for about 60% of the number of shares issued this time

the funds raised by CNR this time are mainly used for high-speed EMUs, high-power electric power and diesel locomotive technology introduction, digestion, absorption, re innovation and localization technology transformation projects; Projects to meet the needs of railway transportation speed-up and heavy load, improve product quality, process and technology level and international competitiveness; Using core technology to develop relevant diversified product markets and improve the economic benefits of enterprises; Information system construction projects, and the remaining funds will supplement the company's working capital. It is estimated that the investment amount is significantly inferior to the stock capacity in terms of capital, totaling 6.436 billion yuan

the prospectus shows that CNR is the leading enterprise in the rail transit equipment manufacturing industry with the most complete product series, the most advanced technology and the strongest R & D and manufacturing capacity in China, and is also one of the largest rail transit equipment manufacturers in the world. The company's products and businesses cover all major products of the rail transit equipment industry, including locomotives, passenger cars, freight cars, high-speed multiple units, urban rail transit, engineering machinery and equipment, electromechanical equipment products and related services. At present, CRH3 high-speed EMUs with a speed of more than 300 kilometers per hour operating in the Beijing Tianjin intercity high-speed railway are all made by CNR. The new generation of high-speed EMUs with a speed of 380 kilometers per hour that it is developing represents the world's advanced level. In the field of urban rail metro vehicles, CNR is the only enterprise in the world that can develop and produce all types and varieties of urban rail metro vehicles. The first medium and low-speed maglev train with completely independent intellectual property rights developed by the company indicates that China has the manufacturing capacity of industrialization of medium and low-speed maglev trains. The company is also the largest manufacturer of rail transit equipment motors, oil field motors and wind power generators in China

Copyright © 2011 JIN SHI