Haining Leather City Will Be Located In Harbin

Haining Leather City announced in August 31st that the company and the Harbin Municipal People's government and the Harbin people's government were in Harbin Haining.

Urban construction projects reached a cooperation agreement, the contract period of 5 years, planning land area of about 200 mu, with a total investment of about 1 billion yuan.

Kaiser shares increased by 560 million yuan to expand sales network

In August 22nd, Kaiser shareholders' meeting was announced through a notice of non-public offering.

According to Kaiser's non-public offering plan, the company intends to issue no more than 75 million shares to more than 10 specific investors, with a floor price of 7.47 yuan / share, and raise no more than 560 million yuan, and the proceeds will be used for domestic sales network.

Project, and Kaiser (China) share capital Limited Hong Kong Company project.

Among them, Kaiser group, a controlling shareholder, promised to subscribe for 10% of the actual issue shares of the non-public offering.

Huafang textile intends to increase 100 million yuan spinning company

According to the recent announcement of Huafang textile, according to the company's strategic investment and development plan, the company intends to increase its capital to 100 million yuan for its wholly owned subsidiary, Huafang Xiajin Textile Co., Ltd., so as to enhance its operation scale and business strength.

After the capital increase is completed, the company still owns 100% stake in Xiajin textile.

The company said that in order to enhance the company's operation scale and business strength, optimize the company's financial structure and ease the pressure of operating capital, the company's strategic investment is intended to Xiajin.

Xiajin textile is still a wholly-owned subsidiary of the company after its capital increase and the completion of its capital increase.