Thin-film solar factory in Shenzhen, China Trony Solar Holdings. Co., Ltd. Published on December 7 week listing price of 9-11 U.S. dollars per share, issued between 19.5 million shares, the load-lock manufacturers to JP Morgan, Credit Suisse. Trony Solar 20 in submission to the United States Securities and Exchange Commission (SEC) documents, said the company decided to fund-raising the size of the planned IPO of 200 million U.S. dollars from the original raised to 241.5 million U.S. dollars. Trony Solar plans to the New York Stock Exchange (NYSE) to conduct IPO, stock, code-named "TRO".
According to the paper, Trony Solar will sell 1,500 million units of the ADS, each ADS unit price range of 9-11 U.S. dollars. In addition, the current total of Trony Solar 11.9% stake in JP Morgan Special Situations (Mauritius) Limited, Intel's venture capital unit of Intel Capital Corp. Will sell half of their stake, equivalent to 4.5 million units of ADS.
Trony Solar in 2009 Q3 (July-September) revenues rose 44.8% to 254.6 million yuan (37.1 million U.S. dollars), while the surplus rose 61.5% to RMB 72.5 million yuan. Trony Solar is headquartered in Shenzhen, China, was established in 2003, employs 603 people. Last year, turnover of 79 million U.S. dollars, net profit of 24 million U.S. dollars, with a total market value of about 453 million U.S. dollars.
Nov. 25, 2009
Photovoltaic power generation project in China 20 billion yuan subsidy
Chinese Ministry of Finance last Friday that in order to accelerate the implementation of the "Golden Sun" demonstration projects to speed up the industrialization of the domestic photovoltaic power generation and large-scale development, and will arrange for 294 photovoltaic power generation demonstration projects, a preliminary estimate total project investment of nearly 20 billion yuan yuan (about 3 billion U.S. dollars).
Chinese Ministry of Finance said earlier that China's grid-connected photovoltaic power generation project in principle, by photovoltaic power generation system and its supporting transmission and distribution projects 50% of the total investment to give grants to accelerate the industrialization of China's domestic photovoltaic power generation and scale development . This will be by the Chinese Ministry of Finance, Science and Technology, National Energy Board launched a joint program called "Golden Sun" demonstration project.
Chinese Ministry of Finance Web site Friday, said publication of the notice of this grant the project the total size of installed generating 642 MW, generating about 1 billion kwh year, plans to use 2-3 years to complete.
Nov. 16, 2009
Chinese Ministry of Finance said earlier that China's grid-connected photovoltaic power generation project in principle, by photovoltaic power generation system and its supporting transmission and distribution projects 50% of the total investment to give grants to accelerate the industrialization of China's domestic photovoltaic power generation and scale development . This will be by the Chinese Ministry of Finance, Science and Technology, National Energy Board launched a joint program called "Golden Sun" demonstration project.
Chinese Ministry of Finance Web site Friday, said publication of the notice of this grant the project the total size of installed generating 642 MW, generating about 1 billion kwh year, plans to use 2-3 years to complete.
Nov. 16, 2009
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