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Runong water saving 148 million yuan fixed increase termination

Runong water saving 148 million yuan fixed increase termination

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2018-09-12 01:51
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(Summary description)Yesterday, the New Third Board listed company Runrun Water Savings (830964) issued a statement that the company's six-month 148 million yuan increase will be terminated on January 4. It is understood

Runong water saving 148 million yuan fixed increase termination

(Summary description)Yesterday, the New Third Board listed company Runrun Water Savings (830964) issued a statement that the company's six-month 148 million yuan increase will be terminated on January 4.

It is understood

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2018-09-12 01:51
  • Views:
Information
Yesterday, the New Third Board listed company Runrun Water Savings (830964) issued a statement that the company's six-month 148 million yuan increase will be terminated on January 4.
 
It is understood that Runnong Water Savings has established a plan for filing IPO materials after the completion of the fixed increase. As of January 5, the number of shareholders of Runnong Water Savings reached 486, and the plan was terminated.
 
Run Nong Water Conservation said that the termination of the stock issue will not affect the normal operation of the company.
 
According to reports, in June 2016, Runnong Water Savings issued a stock issuance announcement, and it is planned to issue 18 million shares (including 18 million shares) at an issue price of 7.6-8.2 yuan per share. The total amount of funds raised is expected to be only 148 million yuan (including 1.48). 100 million yuan). Run Nong Water said that the fundraising will be used to expand the production capacity of the headquarters, supplement the company's working capital, build factories outside the domain, and increase R&D investment, thereby further supporting the further development of the company's main business.
 
Runong Water Savings focuses on water-saving irrigation industry, is committed to the research and development, manufacturing and sales of water-saving irrigation materials and equipment, as well as providing water-saving irrigation materials and equipment from engineering, construction, installation, commissioning, Supported services.
 
In the first half of 2016, the operating income of Runnong Water Savings was 165 million yuan, 70.51% over the same period of last year; the net profit was 21.384 million yuan, compared with 58.22% in the same period of last year.

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