A generous increase of nearly 3 billion to do digital marketing and other new businesses will receive a follow-up letter on Saturday
Less than two days after throwing nearly 3 billion yuan in fixed-income financing programs, Saturday (002291) received a letter of concern from the Shenzhen Stock Exchange, asking Saturday to explain the necessity of this financing.  In the enquiry letter, the Shenzhen Stock Exchange requires Saturday to divide the necessity and rationality of the construction of this fundraising project in detail based on the industry development characteristics, industry risks, company industry level, main characteristics, and main investment projects.The rationality of the investment amount of the fund-raising project and fully suggest the possible risks of the fund-raising project.  In addition, the Shenzhen Stock Exchange requires Saturday to use currency funds, cash flow, asset and liability conditions, and future investment and financing arrangements to explain the intended use8.The necessity, rationality, and impact on the company’s financial situation of 9 trillion of raised funds are used to supplement working capital and repay bank loans.  On the evening of April 7, the Air Force released a fixed-income financing plan of nearly 3 billion on Saturday. The amount of funds raised in this plan set a new high for the company’s initial public offering.Said on Saturday that the total amount of funds raised in this non-public offering does not exceed 29.7.2 billion US dollars, after deducting the issuance costs, it will be used to build the YOWANT digital marketing cloud platform construction project (9.0.6 billion), social e-commerce ecosystem construction project (7.9.1 billion yuan), Innovation Technology Research Institute Construction Project (3.8.5 billion yuan) and supplementary working capital to repay bank loans (8.900 million).  Specifically, the number of non-public offerings this Saturday is expected to not exceed 2.2.2 billion shares, which is 30% of the company ‘s total share capital before the issuance, issuance targets are securities investment fund management companies, securities companies, trust companies, financial companies, insurance institutional investors, and qualified foreign institutional investors that meet the requirements of the China Securities Regulatory Commission.As well as other institutional investors, natural persons, etc., no more than 35 specific objects.  The plan shows that at present, the price of this non-public issuance has not been determined. The pricing base date is the first day of the issuance period of this non-public offering. The issue price is not less than 80% of the average price of the company’s stock transactions 20 trading days before the pricing base date.  Earlier this year, Internet celebrity economic concept stocks caused frequent market turmoil. As the leading stock among them, Saturday began to soar in December last year.From the closing price of December 12 last year 7.200 million, soaring to the highest price on March 6 this year, the highest price of 36.49 yuan / share, expected to rise over 350% on Saturday.But then the company is expected to rise and fall until it closes on April 9 and falls 3 on Saturday.95%, reported 23.34 yuan / share.  Sauna, Ye Wang Zhang Zeyan editor Sun Yong proofreading Li Xiangling reporter email: zhangzeyan @ xjbnews.com