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Ankai Bus Issues Non-public Offerings

[2011-10-11]

Ankai Bus Issues Non-public Offerings

Recently, Anhui Ankai Automobile Co., Ltd. (Ankai Bus for short) has announced that it has issued 45 million new non-public shares (issue price of 10.18 Yuan), which have been registered in Shenzhen branch of China Securities Depository and Clearing Company Limited on 6th September, according to the procedure of registration and safekeeping of shares, about to listing on Shenzhen Stock Exchange on 30th September.

Based on the related regulations, the first issuing date of new shares is the next business day when the shares have been published in “Statement about Securities Issuing and Listed Securities” (namely, 30th September 2011). The restricted stock trade period is 12 months and the circulation on Stock Market is predicted to start on 30th September 2012.


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