Sinovel is expected to make tens of billions of wealthy Shing holding market capitalisation of 8 billion

Xinhua News (Reporter users) in the short twists and turns, Sinovel yesterday began the IPO. The country's largest and third-world wind-power manufacturer refreshed the board's IPO price with a price of 90 yuan.　　More appealing is that after the listing, the company may create 2 billionaires, including Shanghai Stock Exchange, the first general manager of Shing. Sinovel pricing range at 80 yuan-90 yuan/per share, this issue price is the highest issue of Shanghai and Shenzhen Board of the IPO record.　　This pricing also makes the threshold for retail purchase of this stock reached 90,000 yuan, the small amount of funds for the retail purchase rate may be smaller. Last March, Sinovel submitted a listing application to the SFC, which was scheduled to be audited on October 27, 2010, but a day before the review, the SFC stated that it had decided to cancel the audit of the company's issuance of the documents in view of the need for further verification of the relevant issues in Sinovel.　　Then Sinovel was again in December 2010 and passed. According to the prospectus, Han Junliang, chairman of the company, holds 120 million shares.　　Followed by the former general manager of the Shanghai Stock Exchange, Shing, its holding 85% of the new League of Tibet held 105 million shares before the IPO, Shing therefore indirect shareholding 89.25 million shares, in addition to the former Southern Securities President Geo Jidong also indirectly shares 11.7096 million shares. In accordance with the maximum price of 90 yuan, Han Junliang holds the market value of 10.8 billion yuan, Shing stock market value of more than 8 billion yuan, Geo Jidong also exceed 1 billion yuan.　　If Sinovel rises more than 25% after the IPO, it will create 2 billionaires. Sinovel 4 years of rapid wind power champion was founded in 2006 Sinovel Wind power, in 2008 years over the established wind turbine enterprise Goldwind, become China's largest fan manufacturer.　　2009 Its new wind power installed Capacity 3.51 Million-kilowatt, market share 25.3%, the industry ranked China first, the world's third.　　Tao Gang, vice president of Sinovel, said earlier that Sinovel's plan for offshore wind power projects would grow by more than 100% annually. At present, domestic wind turbine enterprises have not formed the scale of overseas exports, the overseas market mainly for the international wind power equipment giants control. November 12, 2010, Dongfang Electric and India KSK Energy Limited signed 166 sets of 1.5MW direct-drive wind power supply contract, the project contract amount of about 203 million U.S. dollars.　　For the first time for China's wind power equipment exports in large quantities.　　(Zhongjingjing) is wind power a second PV? In the field of new energy, there is no shortage of myth-making.　　Suntech has created the myth of the photovoltaic industry, and the subsequent stampede of photovoltaic projects has led to a rapid glut of the industry. Wind power is hot now. Sinovel is listed on the scale of the market, more than the previously listed Goldwind technology.　　In the NYSE, the 2010 Mingyang market became the most-funded Chinese company in the United States in 2010. And the development of wind power equipment and PV industry path is somewhat similar. "The industry price war has been playing for a big six months. "Great Wall securities researcher Zhou said. Wind turbine capacity andThe surplus between the annual wind power installed capacity is obvious.　　At the end of 2009, the NDRC announced that it would no longer approve new blower machine manufacturers. (users)