The first time stock issue after ERG technology listing on China Neeq
On June 6, ERG Company held the 2nd extraordinary shareholders meeting and made one approval of stock issue. This plan will allow to sell 1.60 million shares to institutional investors at RMB5.40 per unit and getting 8.64 million capital supplement. After deliberate negotiation, ERG have choosed four companies as new investors. They are Shenwan Hongyuan Securities, Century Securities, Jinyuan Securities and Shanghai Zhongzhen wealth.