Rongsheng Petrochemical And Jiangsu Ding Ding First Application Is About To Be Audited
The China Securities Regulatory Commission announced on Monday that the Commission is scheduled to hold its 132nd working conference in 2010 in August 20th to examine the first application of Rongsheng Formosa Petrochemical Co and Jiangsu Tong Ding Au Optronics Co.
Rongsheng Formosa Petrochemical Co plans to issue 56 million shares in Shenzhen Stock Exchange after issue.
Total capital stock
Not yet 556 million shares.
The company is mainly engaged in the production and sale of PTA and polyester fiber related products. The main products are PTA and polyester drafting yarn (FDY), polyester preoriented yarn (POY), polyester filament and elastic yarn (DTY) three series, polyester filaments of various specifications and PET chips.
The company is a large country.
Polyester fiber
Filament production enterprises.
The proceeds from the offering will be invested in Yat Shanda's annual output of 1 million 200 thousand tons PTA project and Shengyuan chemical fiber annual output of 100 thousand tons of environmental health multifunctional fiber technology pformation project, with a total investment of 4 billion 236 million yuan, and it will be invested 949 million yuan in raising funds.
Jiangsu Tong Ding Au Optronics Co plans to issue more than 67 million shares in Shenzhen Stock Exchange, and the total share capital after issuance is no more than 267 million 800 thousand shares.
The company specializes in communication cables in the city.
optical cable
One of the well-known enterprises of R & D, production and sales of railway signal and cable is one of the important suppliers of China Mobile, China Telecom, China Unicom's three major telecom operators and the Ministry of railways.
The proceeds will be used in the annual production of optical fiber 7 million core KM project, with a total investment of 368 million yuan.
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