Online promotion meeting of the hottest Yituo shar

2022-09-19
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YITUO shares' initial public offering A-share promotion meeting

Yituo shares' initial public offering A-share promotion meeting

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Introduction: on the afternoon of the 26th, first tractor Co., Ltd. (hereinafter referred to as Yituo Co., Ltd.) held a promotion meeting on the initial public offering of a shares of first tractor Co., Ltd. in Beijing. Zhao Shanshui, chairman of Yituo Co., Ltd., Dong Jianhong, director of Yituo Co., Ltd., Liu Jiguo, director and general manager of Yituo Co., Ltd., CITIC Securities Co., Ltd

on the afternoon of the 26th, first tractor Co., Ltd. (hereinafter referred to as Yituo Co., Ltd.) held a promotion meeting on the initial public offering of a shares of first tractor Co., Ltd. in Beijing. Zhao, chairman of Yituo Corporation, became an important new material industry base in China. Shanshui, director of Yituo Corporation, Dong Jianhong, director and general manager of Yituo Corporation, Liu Jiguo, chairman of investment banking committee of CITIC Securities Co., Ltd., and de Di Li Ren attended the promotion meeting

it is reported that Yituo shares will issue no more than 150million A shares by means of downward inquiry and placement, which has the characteristics of simple structure, convenient use, small size, light weight, intuitive reading, and a combination of upward capital subscription and issuance. The raised funds will be used for high-power agricultural diesel engine projects, new wheeled tractor core capacity improvement projects, and fuel injection system product upgrading and capacity expansion projects

Yituo shares were listed on the Hong Kong Stock Exchange in June 1997 and additional H shares were issued in October 2007. The IPO of A-share of Yituo shares was approved by the issuance and Examination Committee of the CSRC on January 11 this year. On April 1, the CSRC officially closed the file of the application for 50kN of A-share of Yituo shares, and received the approval of the CSRC on July 12. The issuance is expected to be completed on August 8

after the issuance of A-shares of Yituo shares, Yituo shares will become the first listed enterprise in China's agricultural machinery industry to have two financing platforms of "a+h" shares, providing an important capital operation platform for Yituo to further integrate resources, which also means that China's first agricultural machinery enterprise listed in Hong Kong will enter the mainland capital market. (one trailer)

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