Commercial vehicle transmission manufacturer Wan Liyang plans to issue no more than 42.5 million A shares in its initial public offering
Wanliyang plans to issue an initial public offering of not more than 42.5 million A shares, of which no more than 8.5 million shares will be issued under the net; the number of online issuance will be 34 million shares. The online and offline subscription payment date was June 2. The total share capital after the issuance was 170 million shares.
Wan Liyang issued a letter of intent for initial public offering of stocks on May 25, showing that the company intends to issue an initial public offering of not more than 42.5 million A shares. This issue uses online offline pricing to target placements and online pricing to public investors. In combination, the number of shares issued under the Internet was 8.5 million shares, accounting for 20% of the number of shares issued; the number of shares issued online was 34 million shares, accounting for 80% of the number of shares issued.
The preliminary inquiry time of this issuance is from May 26, 2010 to May 28, 2010, and the online and offline subscription payment date is June 2, 2010. The date of the online auction result is June 7, 2010. After the issuance, the total share capital of the company was 170 million shares.
Wanliyang Company specializes in the production and sales of commercial vehicle transmissions. It mainly provides support for domestic large and medium-sized commercial automobile manufacturers such as Beiqi Futian, Dongfeng Automobile, Chengdu Trump, Ziyang Nanjun, etc. It has formed an annual output of about 300,000 commercial vehicle transmissions. Production scale. The company is a top 500 Chinese machinery enterprise and a leading enterprise in Zhejiang Province. It has passed ISO9001:2000 quality management system certification, ISO/TS16949:2002 international automotive industry quality system certification, and ISO14001:2004 environmental management system certification; AAA enterprise standardization Good Code of Practice Certification.
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