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The Historical Evolution of Fujian Shida Group Co., Ltd.
1March 994 15 was confirmed as a standardized joint-stock enterprise by Fujian provincial economic restructuring commission (1994) No.019, with a total share capital of 50 million shares;

1May, 1995, with the approval of the State-owned Assets Supervision and Administration Bureau of Fujian Province and the Economic Restructuring Commission of Fujian Province, the company absorbed the operating net assets of Fujian Foreign Machinery Factory by increasing capital and shares, and the total share capital increased to100,000 shares.

1In July 1996, China Securities Regulatory Commission issued documents (1996)1,1 12, which were approved by Shanghai Stock Exchange and the company's shares (A shares) were approved196. 00,000 shares, the issue price is 7.35 yuan per share, the raised funds are 204.86 million yuan, and the total share capital is increased to10.30 billion shares.

With the approval of the shareholders' meeting, in June, the capital reserve 1996 1 1 was converted into share capital, with the share conversion ratio of 10:5, and the total share capital of the company was increased to1950,000 shares.

In March 1997 and 10, the capital reserve was converted into share capital, and the ratio of the converted share capital was 10:5, and the total share capital of the company increased to 292.5 million shares.

1In July, 1997, with the approval of Zheng Min Wei Ban (1997) No.61,10 shares were allotted to all shareholders, with a total allotment of 39 million shares, with the allotment price of 6 yuan per share.

1April, 1999, with the approval of "Min Zheng Jian (1999) No.84" issued by Fuzhou Commissioner's Office of China Securities Regulatory Commission and No.82 of China Securities Regulatory Commission, shares were distributed to all shareholders at a ratio of 10:3, with a total share allotment of 99.

As of June 65438+February 3, 20061day, the company's total share capital was 35 1 558,394 shares.