Informed sources said that 60,000 tons of spandex Chongqing Huafeng Spandex new capacity 30,000 tons a project to be commissioned in October.

Fears, Huafeng Spandex be added as the project did not go well the project will affect the company in Chongqing. The source said that Chongqing Huafeng Group overall project planning, even given increased smoothly, the listed company has a variety of channels to raise funds, Chongqing two projects would not be fundamentally affected.

As of June 25, Huafeng Spandex price at 8.4 yuan / share hovering around, below the company fixed the issue price of 9.13 yuan increase / share. Company's private placement stock approvals expire in October. Huafeng Spandex interactive platform on investors that the company additional time to look at the success of the stock.

Insiders said that Huafeng Spandex additional shares from the price gap is not large, at a daily limit range, the company stock is still "catching up" space.

Huafeng Spandex 30,000 tons of spandex project goes into operation, making the company a total capacity of 87,000 tons, representing 52.6% of upgrade now. Currently, the market is still maintained spandex business cycle, price stability, industry inventory maintained for several days in 20 days or so, while the main raw material prices remain PTMEG decline, new capacity will be greatly thickened Huafeng Spandex performance.

Macro side, in March 2014, the State confirmed that the first batch of five private banks were piloted in Tianjin, Shanghai, Zhejiang and Guangdong. Huafeng Group shares the success of the business entity into the column. Sources told the News Agency of great wisdom, before the end of the relevant business or progress breakthroughs related companies may choose to hold a press conference to announce related matters.