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BAIC bluevale's proposal to raise no more than 5.5 billion yuan of capital is supported by the controlling shareholders

202008月05日

BAIC bluevale's proposal to raise no more than 5.5 billion yuan of capital is supported by the controlling shareholders

(0} the Shanghai Securities News (reporter Kong Ziyuan) announced that BAIC Blue Valley (zoqing 600733, stock diagnosis) announced that the company planned to develop a mobile phone Kuai San betting website for non-public use, with no more than 35 specific objects including the controlling shareholders of BAIC group and its restricted parties, BAIC Guangzhou and Bohai motor (CEQ 600960, diagnosis shares). Among them, the number of shares to be subscribed by BAIC group is not less than 29.57% of the actual number of shares issued in this fixed increase; the number of shares to be subscribed by BAIC Guangzhou is not less than 6.25% of the actual number of shares issued in this fixed increase; the number of shares to be subscribed by Bohai motor is not less than 3.01% of the actual number of shares issued this time. The remaining shares shall be subscribed by other issuers in cash. The fixed increase will raise no more than 5500 million yuan. The net amount after deducting the cost of distribution will be invested in the arcfox brand high-end vehicle development and network construction project, 5g intelligent network connection system promotion project, power exchange business system development project and supplementary fluctuation fund.

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