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    New Energy In Wanzhou District Is Listed On The New York Stock Exchange.

    2010/10/8 17:22:00 47

    New Energy In Wanzhou District

    Following

    Rural base

    After that, second Chongqing enterprises landed on the US main board.

    Last night,

    Wanzhou District

    Of

    New energy

    (code DQ) listed on the New York stock exchange, issued 8 million depositary shares (ADS), each 9.5 US dollars, corresponding to 5 shares, financing 76 million US dollars, equivalent to 509 million yuan.

    At 9:30 a.m. Eastern time on October 7th, the new energy opened at $9.98, and the market price was $10.42, up 9.68%.


    The head is 67 years old.


    Statistics show that Daquan new energy Co., Ltd. was incorporated in the Cayman Islands in November 2007. The main asset is Chongqing Daquan new energy limited company in Wanzhou district. It occupies 1000 mu and has more than 500 employees. It is one of the leading enterprises of polysilicon production in China. Its high quality polycrystalline silicon is used for processing photovoltaic solar products such as silicon ingot, silicon wafer, battery and component.

    The proceeds from the financing are used to expand business.

    Daquan new energy parent company is a 67 year old Xu Guangfu founded by Daquan Group Co., Ltd., formerly known as township enterprise, Jiangsu Yangzhong new dam comprehensive plant. It has become a diversified and large national enterprise group, with 22 subsidiaries.


    The birth of 6 executives rich


    After the listing, 7 people, such as Xu Guangfu and Xu Xiang, hold 58.9% of the total new energy. Among them, the chairman of the board, Xu Guangfu, holds 39 million 225 thousand shares, accounting for 23.1% of the total share capital, and is the largest shareholder. According to the issue price of each share, it is 1.9 US dollars, and the market value is 74 million 527 thousand and 500 US dollars, which is equivalent to RMB 499 million yuan.


    Xu Xiang, a 39 year old vice chairman of his son's board of directors, has 14 million 970 thousand shares and a market capitalization of 190 million yuan.

    Four directors of new energy, Zhuo Fumin, Ge Fei, Shi Dafeng and Ye Weigang each share their own holdings, ranging from 10 million 80 thousand shares to 14 million 40 thousand shares, with a market value of 128 million yuan to 179 million yuan.

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