On the 26th, Chongqing Sokon Industry Group Stock Co.Ltd(601127) disclosed the plan for non-public offering of a shares, which plans to issue no more than 163191889 shares (including) to no more than 35 specific investors. This non-public offering will not lead to changes in the controlling shareholders and actual controllers of the company.
According to the plan, Chongqing Sokon Industry Group Stock Co.Ltd(601127) the total amount of funds raised in this non-public offering will not exceed 7.130 billion yuan (including this amount). The net amount of funds raised after deducting the issuance expenses will be used for the development of electric vehicle models and the technical upgrading of product platforms, the intelligent upgrading of factories and the construction of electric drive production lines, the construction of user centers and the replenishment of working capital.
Source: Chongqing Sokon Industry Group Stock Co.Ltd(601127) announcement
Chongqing Sokon Industry Group Stock Co.Ltd(601127) said that the purpose of this fixed increase is to continue R & D investment and build core competitiveness; Improve production process and process quality; Seize market opportunities and create high-quality services; Improve the company's asset structure and financial situation, and enhance its solvency and capital strength.
On the same day, Chongqing Sokon Industry Group Stock Co.Ltd(601127) announced that due to changes in the global economy and capital market conditions, after careful consideration, it was decided to suspend the process of H-share issuance and listing, and the subsequent arrangements should be determined according to the market conditions.
Previously, the 18th meeting of the 4th board of directors was held on October 18, 2021, Chongqing Sokon Industry Group Stock Co.Ltd(601127) and the 5th extraordinary general meeting of shareholders in 2021 was held on November 5, 2021, The proposal on the company's issuance of H shares and listing in Hong Kong and conversion into an overseas offering company limited by shares, the proposal on the company's issuance of H shares and listing in Hong Kong, the proposal on the validity period of the resolution on the company's issuance of H shares and listing in Hong Kong, and Proposals such as the proposal on requesting the general meeting of shareholders to authorize the board of directors and its authorized persons to deal with matters related to the issuance and listing of H shares in Hong Kong. It is proposed to apply for the issuance of overseas listed shares (H shares) and listing on the main board of the stock exchange of Hong Kong Limited.
On the secondary market, as of the closing on January 26, Chongqing Sokon Industry Group Stock Co.Ltd(601127) was reported at 48.58 yuan, a slight decrease of 0.80%, with a total market value of 66.07 billion yuan. The share price was 42.05% lower than the record high of 83.83 yuan on June 22, 2021.
