November 26, 2010, the Dragon Pipe (002,457, stock it) held its second session of the third meeting of the Board, the meeting passed the "super-raised funds on the use of part of the capital increase of subsidiary motion" and other three motions . Among them, the dragon raised funds management industry in the program will exceed 1000 million for the construction of long pipeline owned subsidiary of Baotou, limited liability companies to raise capital, to ease the surge in the company's volume of business brought about by the operating fund shortage problems, improve its operational capability, the ability to undertake business and market competitiveness; The company also plans to use 3,980 million acquisition of office properties in the Beijing area, for networking and marketing segment, building components such as the establishment of new R & D departments. In addition, the meeting also passed the "investment in the establishment of sales subsidiaries on the motion," plans to use its own funds 3,000 million in Yinchuan Economic and Technological Development Zone, set up a wholly owned subsidiary of Technology Park in order to further integration of marketing resources, improve sales efficiency, enhance marketing efforts.

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