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 Sina Finance

Whether the additional issue price of Wanye Enterprise is not less than 21.76 yuan is true

http://www.sina.com.cn 14:38, August 31, 2007 Sina Finance

Whether

   Sina netizen asked: Wanye Enterprise (600641) Is it true that the additional issue price is not less than 21.76 yuan/share? When will it be implemented?

Mr. Cai, Director Office of Wanye Enterprise, replied that the temporary meeting of the Board of Directors approved the price of private placement of no less than 21.76 yuan per share, which was calculated based on 90% of the average issuance price 20 days before the date of the announcement. The implementation time of private placement is still uncertain. On September 12, a general meeting of shareholders will be held to discuss and review matters related to private placement. After the review, it needs to be submitted to the China Securities Regulatory Commission for approval, which still needs a process. Wanye Enterprise Tel.: 021-50367718 (Song Zhenzhen/Wen)

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