On February 25th, 2014, Fujian Qingshan Paper Industry Co.,
Ltd. released a fund-raising plan of the non-public issue of no
more than 650 million shares to Fujian Textile (Holdings) Co.,
Ltd. and other customers with per share not less than RMB 2.08.
The raised fund will be less than RMB 1.32 billion, and will be
used exclusively for dissolving wood pulp project in Putian. |