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The Group non-public offerings for const
Date:2010-03-10     clicks:6494

               Company News 1: Company five of six board of directors meeting examined and adopted "on the company wether complies with the conditions of non-public offerings of stock motion", the number of shares outstanding this time will not exceed 300,000,000 shares, aimed to raise funds to be 3.6 billion, capital will used to invest in a Northern Town development (Phase I) project and the construction of a boundless expanse of farmland. The move will accelerate the process of urbanization in Changzhou, and further improve the company's profitability.

(Contributor:Zhang Jinping Translator:He Wei Edior:Ding Jie)

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