Sinovel will be canceled behind the scenes: the company lacks actual control.

Wang You Domestic fan boss-sinovel Wind Power Technology (Group) Co., Ltd. (hereinafter referred to as "Sinovel") of the listing of the road recently encountered resistance.　　The commission, originally scheduled for October 27, was temporarily cancelled by the SFC because it needed to explain to the authorities the issue of "no actual Control".　　However, Sinovel staff are aware that the company's chairman and President Han Junliang is actually the real "power people." In the domestic wind power industry rapid expansion of the background, Han Junliang skipped the low-end models of research and development, directly focus on cutting-edge products, and the introduction of talent, bold borrowing equity companies.　　This series of actions not only makes Goldwind will be the position of the industry boss to the Sinovel wind power, and Han Junliang personal book Wealth has also been 100 times times the value-added.　　Sinovel predecessor is Dalian Heavy industry and lifting Group (hereinafter referred to as "big heavy lifting") holdings of Dalian Heavy industry electrical and Mechanical Equipment Co., Ltd. (hereinafter referred to as "big heavy Sets"), its legal representative is Han Junliang. Home is Yancheng, Jiangsu Province, he graduated from Taiyuan University of Science and Technology, has been a group under the dean of the Institute, heavy lifting deputy general manager. 2001 set up a large package, the main production materials handling machinery, lifting and port machinery, environmental protection equipment, hydraulic equipment. Through the study of the wind turbine industry, Han Junliang decided to enter into a license agreement with Flanders (Fuhrlander) in 2004 to make the large-weight set capable of producing 1.5 MW of wind turbine products.　　The product is the largest domestic wind turbine company Goldwind main products (600-kilowatt fan) power generation capacity of 1.5 times times.　　In buying technology at the same time, Han Junliang also did two things: attracting wind, looking for talent.　　At that time, the domestic wind power policy is not clear, megawatt-scale products investment, high risk, so Han Junliang through the Dalian Sasac Matchmaking and Geo Jidong and other people clicked, set up a separate fan production enterprises-sinovel wind power. In the case of Sinovel, the real turnaround period is 2008 years. At that time, Goldwind technology has been listed, and the domestic market share of up to 33%.　　But two companies took a completely different route.　　2008, Sinovel made a major technical transformation, unwilling to 750-kilowatt and other small power wind turbine market, but the 1.5 MW as a research and development focus, and in the year to achieve mass production. Han Junliang my bold style, and sinovel wind energy in 5 years to rise also has a connection. In 2006, when the main axis of the fan was sufficient, he decided to buy 1500 sets of spindles as a reserve. As a result, the product was in short supply for the second year. While everyone is still immersed in the 1.5-megawatt development and production, Han Junliang asked his subordinates to hurry to find the dock resources in order to facilitate the next 3 MW large fan transport.　　He personally served as 3 MW, 5 MW wind turbine development team leader. Han Junliang's boldness is also embodied in its use of financial technology. March 2008, Han Junliang and five management to set up the "Days of central Thailand," to Sinovel to increase capital shares, of which Han Junliang shares than the largest. That December,Days of China and Thailand will be its holding Sinovel 3.33% equity transfer to another enterprise Huafeng (shareholders for sinovel other managers, etc.), Han Junliang also bought back Liu Zhenghi and other four people in the days of central China Thai holdings of 12% Equity.　　Although Han Junliang pioneered the Sinovel wind power, it is necessary to have enough shares to get a real say. Therefore, Han Junliang to invest 75 million yuan, so that the days of central Thailand can occupy Sinovel 16.67% of the shares, become the second largest shareholder after Dalian Sasac. He took out his savings and borrowed from some friends, filling up more than 20 million of dollars and injecting the company as a new registered capital.　　A large sum of 50 million dollars is borrowed from the credit. "Because Sinovel in 2008 has a more than 4 billion yuan main revenue, plus South Korea's stake in the company about 16%, so the trust companies will also believe that Korea's credit, dare to lend private." A brokerage analyst told reporters.　　According to the company's public information, by October 2010, the money has been fully returned. According to the motherboard average P/e 30 times times, sinovel 2009 diluted earnings per share of 1.88 yuan, if the enterprise listed, then the company's share price will be about 56 yuan. Han Junliang himself owns 120 million shares in the company, and his personal book assets may reach nearly 7 billion yuan. Referring to the 2010 Forbes list of China's richest people, Han Junliang's personal assets will surpass Mr Yu, Citic Pacific, the new Oriental, with 120 digits.