Business News (reporter Cui Lvping) Dong'e Ejiao (000423) obtained the approval of the CSRC before the application for issuing warrants.
According to the plan, Dong'e Ejiao will distribute Bermuda style warrants free of charge to all shareholders registered on the registration date of the issuance of warrants at a ratio of 10:2.5. Each warrant can subscribe for one newly issued share of the company at a price of 5.5 yuan on the exercise date. The warrant issue raised 720 million yuan, which will be invested in 7 upstream and downstream integration projects of donkey hide gelatin industry chain.
