CHENGDU, Dec.16 (NBD) -- BBK announced its actual investment from non-public offering of stock on Thursday. 

It plans to invest the 1.23 billion yuan (about 176.77 million US dollars) raised by non-public offering of stock in paying back 800 million yuan (about 115.16 US dollars) bank loans and developing franchised stores worth 428 million yuan (61.61 million US dollars).

NBD noticed that the original plan was to raise 2.5 billion yuan (about 359.88 million US dollars), and the financial plan for Yunhou e-commerce platform project was not realized.

A personnel from BBK said Yunhou e-commerce platform project “may apply to the company's own fund or other bank loans in the future, now everything is as scheduled”.

Editor: Zeng Yunheng