Youngor: 120 Million To Subscribe Xinjiang Zhonghe

Youngor announced that the company and Xinjiang Zhonghe signed the Subscription Contract for Non public Offering Shares of Xinjiang Zhonghe Co., Ltd., and planned to invest 120 million yuan to subscribe 6 million non-public offering shares of Xinjiang Zhonghe at the price of 20.05 yuan per share, accounting for 1.46% of the total capital stock of Xinjiang Zhonghe after the non-public offering. The amount of this investment comes from the company's own funds, accounting for 0.86% of the company's latest audited net assets.

In the first three months of this year, Xinjiangzhong achieved an operating income of 460 million yuan.

　　 Youngor Said that from the perspective of business scope, the company's investment is intended to strengthen Metallic materials Import of electronic devices, commodities and technologies. The company believes that Xinjiang Zhonghe's business scale, growth and other major business indicators are at the leading level in the industry, and the investment is expected to have no impact on the company's profits this year.

Xinjiang Public harmony The share price has gone up for many days, closing at 25.99 yuan per share in the 5th daily report.