As the Supply Chain Management as to reduce pressure on the stock market refinancing

 December 11, Supply Chain Management's Board of Directors announcement shows the company at 10, held on the sixth   XI Board of Directors considered and adopted the Use motion matters. and other channels to solve. In the current pressure on the stock market much huge refinancing troubled circumstances, Supply Chain Management refinancing amount of this reduction is no doubt commendable.
, of course, Supply Chain Management to reduce the amount of 175 million refinancing number and placement of shares of the company by the market's doubts about the program. Originally, in June of this year, Supply Chain Management on the proposed funding amount to 6.2 billion allotment program. but three months later, the company based on the original allotment program 175 million were added to the amount of financing to complement the company's liquidity. but Supply Chain Management of the three quarterly show not only the end of the third quarter the company had cash and cash equivalents balance of 8.6469 billion yuan, and the company has not spent more than 300 million yuan in heavily in the stock market article, that the multi-turn Wuhanzhongbai 1.75 billion. It is because with such a background, so the Supply Chain Management This has been amended on the allotment program again. but nevertheless, I still allotment program for Supply Chain Management shrinkage of applause.
First,cheap UGG boots, Supply Chain Management allotment program shrinking the issue that the company is able to open to public opinion. In the current market environment, grabbing the money has become the common choice in many listed companies. some listed companies easily refinance billions, billions. According to statistics,UGG boots, the first 11 months of this year, A-share market refinancing amount has reached 250 billion yuan is huge. the face of such huge refinancing, Supply Chain Management 800 million yuan Refinancing is nothing, more than 175 million is a fraction of the financing. And Supply Chain Management to adhere to the 800 million yuan of financing, then, the same can be successful. but Supply Chain Management did not do so, but take the acceptance of public opinion approach. This is very encouraging, it is worth to learn many of the listed companies.
Second,UGG bailey button, Supply Chain Management allotment program shrinking, help protect the interests of shareholders. effectiveness of the company remain the same in the case of placement of shares of listed companies the ratio the greater the profit the greater the degree of dilution. On the contrary, placing the lower the proportion, the extent of corporate earnings is less diluted. And Supply Chain Management of the allotment program shrinking with the financing amount, the proportion of its allotment also from the original placement of not more than 10 shares for every 3 shares reduced to 2.2 shares for every 10 shares placement. the company reduced the number of placement, profit by a corresponding reduction in the degree of dilution, so the new program is more conducive to protecting the company of the original shareholders.
In addition, Supply Chain Management practice of shrinking allotment program will help reduce the pressure on the market to refinance for other companies and set a good example. refinancing of the current stock market is facing great pressure. According to statistics, has been the re- implementation of the financing plan but not listed companies, the amount of its fund-raising involved up to 255.5 billion yuan. such a huge IPO, together with the refinancing of financing,Discount UGG boots, the size of a form of non-cash stock market three big mountains. Although the reduction of 175 million refinancing of Supply Chain Management amount of pressure to reduce the impact of refinancing is limited. However, if other companies are able to as Supply Chain Management as the deletion of the unreasonable amount of the corporate finance part of the refinancing, which is obviously beneficial to refinance to reduce pressure on the stock market. Therefore, Supply Chain Management approach is in terms of reducing pressure on the stock market refinancing to set an example for other companies.