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
