On January 13, 2011, Sinovel Wind Power Technology (Group) Co., Ltd. was listed on the Shanghai Stock Exchange, issuing 105.1 million shares at the issue price of 90.00 yuan per share, raising a total of 945.9 million yuan.
Details are as follows:
Company Name: Sinovel Wind Power Technology (Group) Co., Ltd.
Industry: Clean Technology>News energies< /p>
Employer: Non-public
Listing date: January 13, 2011
Place of listing: Main Board of Shanghai Stock Exchange
Issue price: RMB 90.00
p>Amount raised: The amount was not disclosed.
Number of shares issued: 105.1 million shares
Stock code: 601558
Is there VC/PE support: No .
Note: The data above is all from Zero2IPO.
Sinovel Wind Power Overview
Sinovel Wind Power Technology (Group) Co., Ltd. is the first independent research and development companyent, design, manufacturing and sales in China which adapts to different winds. resources and environmental conditions around the world. A high-tech company specializing in onshore, ocean and intertidal wind turbines. Sinovel Wind Power has achieved rapid development. In 2009, the installed capacity of wind power increased by 3,510 MW, ranking first in China and second in the world.
Sinovel Wind Power Technology (Group) Co., Ltd. is a professional high-tech enterprise in China that independently develops, designs, manufactures and sells large-scale onshore, ocean and intertidal wind turbines that adapt to different wind resources and environmental conditions around the world. Sinovel Wind Power has achieved rapid development. In 2008, the installed capacity of wind power increased by 1,403 MW, ranking first in China and the sseventh place in the world. In 2009, the installed wind capacity was 3,510 MW, the first in China and the third in the world. In 2010, the installed wind capacity was 4,386 MW, ranking first in China and second in the world.
Looking to the future, Sinovel Wind Power will continue to meet challenges, pioneer and innovate, and dare to surpass itself, making the company the most successful wind power equipment enterprise. competitive in the world and achieving the strategic objective of challenging the world number one within five years.
Corporate Performance
As a state-supported wind turbine manufacturer, Sinovel Wind Power actively undertakes key national construction projects while striving to expand the market. In November 2010, Xinjiang Hami won the tender for a wind power concession of 800,000 kilowatts and 1.8 million kilowatts. Zhangjiakou, Hebei Province, won the tenderfor a wind energy concession of 550,000 kilowatts and 1.5 million kilowatts. In October 2010, China won the tender for the first round of offshore wind power concessions of one million kilowatts, or 600,000 kilowatts. In 2009, 2,400 1.5 MW wind turbines and 50 3 MW wind turbines were produced. In April 2009, Inner Mongolia and Hebei won the tender for 2 million kilowatts, with a price of 5.25 million kilowatts. In February 2009, we began construction of the fifth national wind power concession, the 300,000 kilowatt Huadian Tongliao Beiqinghe project. In 2008, 1,000 1.5 MW wind turbines and 1 3 MW wind turbine were produced. July 2008,Gansu won the bidding for 1.8 million kilowatts of national wind power concessions for 3.8 million kilowatts.
In May 2008, we began construction of the fifth national energy concessionwind turbine: the 450,000 kilowatt project of Huadian Tongliao and Hebei Construction Investment. In 2007, 500 1.5 MW wind turbines were produced. In December 2007, it undertook the first national offshore wind power demonstration project: the Shanghai Donghai Bridge 100,000-kilowatt offshore wind farm project. In December 2007, Huiteng Liangshan Inner Mongolia Ximeng undertook the fourth phase of the national wind power concession: the 300,000 kilowatt Northern United Power project. In October 2007, it undertook the 700,000 kilowatt Zhangbei Million Wind Farm Project under the national wind power concession. In 2006, 100 1.5 MW wind turbines were produced. In December 2006, it undertook the national special project: Huaneng Fuxin 500,000 kilowatt wind power generation project. In November 2006, it began construction of the third phase of the national energy concession project.wind energy – the 200,000 kilowatt Guohua Jiangsu Dongtai project. In June 2006, we began construction of the second phase of the national wind power concession - the 200,000 kilowatt Huaneng Jilin Tongyu project.