Sunday, May 13, 2007

China's LDK Solar files with U.S. SEC for IPO

WASHINGTON, May 11 (Reuters) - China's LDK Solar Co. Ltd. filed with U.S. regulators on Friday for an initial public offering of up to $400 million in American Depositary Shares.

The company, which manufactures solar wafers used to produce solar cells, said in a filing with the U.S. Securities and Exchange Commission that Morgan Stanley, UBS Investment Bank, Piper Jaffray, CIBC World Markets, and CLSA Asia-Pacific Markets are underwriting the IPO.

LDK Solar plans to list its ADSs on the New York Stock Exchange under the symbol "LDK".

Top Solar Water Heater Manufacturers in China

China is the biggest solar water heater production country and the biggest solar water heater market in the world. It is said that there are over 3000 solar water heater manufacturers in China, and here I would like to name the top 10 solar water heater suppliers in China for your reference. They are Himin Solar Energy, Tsinghua Solar, Jiangsu Huayang Solar Energy, Aucma Solar, Tianpu, Xin Sang Pu, Sangle Solar Energy, Jiangsu Huaiyin Huihuang Solar Energy, Guangdong Macro Gas Appliance, Sijimicoe.

If you would like to know more about the solar water heater industry in China, please feel free to contact me at solar-in-china@hotmail.com