On January 13, 2011, Sinovel Wind Power Technology (Group) Co., Ltd. was listed on the Shanghai Stock Exchange, issuing 105.1 million shares at an issue price of 90.00 yuan per share, *** raising 945.9 million yuan.
Details are as follows:
Company name: Sinovel Wind Power Technology (Group) Co.
Industry: cleantech>new energy
Employer: non-public
Listing date: January 13, 2011
Listing location: main board of the Shanghai Stock Exchange
Issue price. RMB90.00
Amount raised:Amount undisclosed.
Number of shares issued:105.1 million shares
Stock code:601558
Is there any VC/PE backing:no.
Note:The above data are from Zero2IPO.
Introduction of Sinovel
Sinovel Wind Power Technology (Group) Co., Ltd. is the first specialized high-tech enterprise in China to independently research and develop, design, manufacture and sell large-scale onshore, marine and intertidal wind turbines adapted to different wind resources and environmental conditions around the world. Sinovel has realized a leapfrog development; in 2009, the installed capacity of wind power added 3,510MW, ranking the first in China and the second in the world.
Sinovel Wind Power Technology (Group) Co., Ltd. is a specialized high-tech enterprise that independently researches and develops, designs, manufactures and sells large-scale onshore, offshore and intertidal wind turbines adapted to different wind resources and environmental conditions around the world. Sinovel has achieved leapfrog development. 2008 wind power installed capacity of 1403MW, ranking first in China, the world's seventh. 2009 wind power installed capacity of 3510MW, China's first, the world's third. 2010 wind power installed capacity of 4386MW, China's first, the world's second.
Looking to the future, Sinovel will continue to meet the challenges, innovate and dare to go beyond, so as to make the company become the most competitive wind power equipment enterprise in the world, and realize the strategic goal of challenging the world's first in five years.
Corporate Performance
As a state-supported wind turbine manufacturer, Sinovel is actively undertaking key national construction projects while striving to develop the market. in November 2010, Hami, Xinjiang, won the bid for 800,000 kilowatts of 1.8 million kilowatts of wind power concessions. Hebei Zhangjiakou won the bid for 550,000 kilowatts of 1.5 million kilowatts of wind power concession. in October 2010, China won the first round of 1 million kilowatts of offshore wind power concession of 600,000 kilowatts. 2,400 1.5 megawatts of wind turbines and 50 3 megawatts of wind turbines were produced in 2009. in April 2009, Inner Mongolia and Hebei won the bid for 2 million kilowatts of 5.25 million kilowatts. in February 2009, Sinovel won the first round of 1 million kilowatts of offshore wind power concession of 600,000 kilowatts of wind power concession. In February 2009, Huadian Tongliao Beiqinghe project, the fifth national wind power concession, was constructed. 1,000 sets of 1.5 MW wind turbines and 1 set of 3 MW wind turbines were produced in 2008. in July 2008, Gansu won the bidding of 3.8 million kilowatts of wind power national concession of 1.8 million kilowatts.
In May 2008, it undertook the fifth national wind power concession -- Huadian Tongliao and Hebei Jiantou 450,000 kW project. 2007, it produced 500 sets of 1.5 MW wind turbines. 2007, in December, it undertook the first national offshore wind power demonstration project In December 2007, we undertook the first national offshore wind power demonstration project -- Shanghai Donghai Bridge 100,000 kW offshore wind farm project. in December 2007, we undertook the fourth phase of the national wind power concession in Huitengliangshan Inner Mongolia Ximeng -- the 300,000 kW project of the Northern United Power. in October 2007, we undertook the National Wind Power Concession Zhangbei Million Wind Farm 700,000 kW project. 2006, produced 100 sets of 1.5 MW wind turbines. 2006, December, undertook the national special project -- Huaneng Fuxin 500,000 kW wind power project. 2006, November, undertook the third phase of the national wind power concession project
In June 2006, it undertook the national wind power concession phase II -- Huaneng Jilin Tongyu 200,000 kW project.