Chinese Dragon discount of 18% of the allotment of new energy shares fell 2.06%

Chinese Dragon New Energy (0395) announced that entered into the Placing Agreement pursuant to the Placing Agent with a price of 0.4 yuan per share, placing no more than 125 million new shares to not less than six independent placees. The Placing Shares will represent approximately the existing issued share capital of 5.09%; and the proportion of the enlarged share capital of approximately 4.85%. ...Chinese Dragon discount of 18% of the allotment of new energy shares fell 2.06%