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| Home > About us > Corporate Milestones |
03/2008 - Shareholders approved the acquisition of thermal power assets from Holding Company for a consideration of RMB 2,210,000,000. 03/2006 - Weiqiao Textile placed a total of 68,936,500 new H shares of the Company at a price of HK$12.05 per share. The net proceeds of the placing amounted to approximately HK$829,237,000. 06/2004 - Weiqiao Textile finished a placement of 57,477,000 shares of new H-shares at 11.6 Hong Kong dollars per share. The total amount raised was 653,000,000 Hong Kong dollars. 09/2003 - The Third Production Area and Industrial Park operated in full capacity; the Company expanded its product portfolio to have more high value-added cotton textile products by using more new materials, as well as to further enhance its product structure. 09/2003 - Weiqiao Textile Company Limited made sucessful IPOs at Hong Kong Stock Exchange and raised 244,100,000,000 Hong Kong dollars. 09/2002 - Acquired the Second and Third Production Areas and the Industrial Park and established Luteng Textile to further enhance the production capacity and achieved business development. 05/2001 - Acquired the fabric weaving business of the First Production Area; set up Weihai Weiqiao to serve the South Korea market and strengthen its tight with the overseas market. |
