On November 10, 2010, Titan Wind Energy (Suzhou) Co., Ltd. obtained approval from the China Securities Regulatory Commission for its initial public offering (IPO) and listing on the main board of the Shenzhen Stock Exchange.
Zhong Lun Law Firm acted as the issuer’s legal counsel for the IPO and listing and provided full services. Participating lawyers included Zhang Zhong, Lu Hongda, Fang Lu, Sun Hong and Liu Zhiyong. The underwriter was CITIC Securities Co., Ltd.
Titan Wind Energy (Suzhou) Co., Ltd., a wind tower manufacturer, intends to issue 52 million shares in its IPO. The funds raised will be used on three projects, including a three megawatt (MW) wind tower construction project and a wind pylon construction project.