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IPO Application of List in Integrity of CFHI is approved

IPO Application of List in Integrity of CFHI is approved

Write: Yasmin [2011-05-20]

On December 16th, 2009, the Issuance Examination Committee of China Securities Regulatory Commission held the No. 146 Working Meeting of 2009 and reviewed and approved the IPO application of list in integrity of CFHI.

CFHI plans to issue not exceeding 2 billion shares. The total share capital doesn t exceed 6.538 billion shares after the issuance. The raised funds from this issuance will be mainly invested in the large petrochemical pressure vessel and mega watt nuclear power primary loop equipment fabrication projects, steel casting and forging manufacture base and large casting and forging self reliance revamping project, CFHI Binhai manufacturing base project and the compensation of circulating funds of CFHI.

CFHI will strictly comply with the requirement of securities regulation to promote the preparations for the list and issuance, such as the media disclose and road show etc.