Home >

YOUNGOR Increased Its Subscription To &Nbsp Again, And Received 2.1% Equity Interest.

2011/3/16 10:04:00 81

YOUNGOR Shares Of CITIC Securities

On the morning of March 14th,

Youngor Group

On the evening of 11, it announced that the company invested 98 million yuan to subscribe for the 4 million shares of the widely issued shares of the company, at the price of 24.5 yuan per share.

Number of shares listed above

Guang Bai shares

After 2.10% of the total share capital of the non-public offering, the investment amount accounted for 0.68% of the latest audited net assets of YOUNGOR, and promised not to pfer these shares within 12 months after the subscription was completed.


Rough statistics, since last year, YOUNGOR and its controlling subsidiaries have participated in the private placement of 12 companies, especially since August, with a total investment of more than 5 billion 800 million yuan.

It is called by the outside world "subscribe".


As a textile and garment enterprise, YOUNGOR group has now crossed three major fields: textile, clothing, real estate and equity investment, and has become a typical investment company in the A share market.

Industry analysts believe that the reason why YOUNGOR is so focused on subscriptions for private placement of listed companies is likely to be related to CITIC Securities's contribution to its earnings.


As we all know, in 1999, YOUNGOR invested 320 million yuan to get 9.61% of CITIC Securities.

citic securities

The second largest shareholder.

After the lifting of the equity ban, YOUNGOR began selling its stake in CITIC Securities.

By the end of January 27th this year, YOUNGOR had sold more than 284 million shares of the company, exceeding 4% of the total share capital of CITIC Securities.

Between 2007 and 2009, most of YOUNGOR's investment income came from CITIC Securities, which accounted for more than 90% of all securities investment returns.

  • Related reading

Leo Dick: Millionaire Born Here

Company news
|
2011/3/14 13:49:00
105

Dyeing And Weaving In Good Times: Environmental Protection And Energy Saving Play An Important Role In Promoting Cooperation.

Company news
|
2011/3/3 16:22:00
49

Xin Shen Linen 315 Declaration: Integrity And Responsibility

Company news
|
2011/3/1 17:04:00
87

Shin Shen Group: Make The World Flax More Exciting.

Company news
|
2011/3/1 10:11:00
58

江苏金飞达服装股份有限公司发布公告

Company news
|
2011/2/24 9:00:00
93
Read the next article

Four Logistics Survey: Express &Nbsp; How Fast Are You?

At present, express delivery is being paid attention to because of the prosperity of online shopping. After the "express express" and the express "violent sorting" have come into sight, are there any problems in other services of express delivery? What is the difference between the whole process of each express company? In fact, which company has better quality and better price and which company has more market competitiveness, the reporter conducted a small survey to solve these