The China Securities Regulatory Commission announced on July 7 that the 96th meeting of the Audit Committee in 2008 was held on July 7, 2008. The initial application of Boshen Tools Co., Ltd. was approved.
Boshen Tools Co., Ltd. plans to issue 43.4 million shares of ordinary shares and list them on the Shenzhen Stock Exchange. The total issued share capital is 173.4 million shares. At present, the company has formed a main business structure with diamond tools as the mainstay and supplemented by electric tools and alloy tools. The product system covers more than 2,000 varieties including “cuttingâ€, “drilling†and “grindingâ€. A small number of domestic enterprises that develop and produce the above three types of tool products at the same time. The funds raised in this issuance plan are used for the technical transformation of high-performance laser welding professional diamond tools.
Boshen Tools Co., Ltd. plans to issue 43.4 million shares of ordinary shares and list them on the Shenzhen Stock Exchange. The total issued share capital is 173.4 million shares. At present, the company has formed a main business structure with diamond tools as the mainstay and supplemented by electric tools and alloy tools. The product system covers more than 2,000 varieties including “cuttingâ€, “drilling†and “grindingâ€. A small number of domestic enterprises that develop and produce the above three types of tool products at the same time. The funds raised in this issuance plan are used for the technical transformation of high-performance laser welding professional diamond tools.
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