Aeolon Plans To Enter IPO

Recently, the IPO application of Aeolon Technology Co., Ltd. (hereinafter referred to as “Aeolon”) was accepted by China Securities Regulatory Commission. Aeolon plans to log on the main board of Shanghai Stock Exchange. According to the prospectus, Aeolon plans to raise about 2 billion RMB, of which 1.3 billion RMB is invested in the expansion project with an annual output of 1,000 MW wind power blades, and 700 million RMB is used to supplement working capital.

Source: Aeolon

Edited and translated: Following The Wind