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CHINA SOLAR IPO- Shenzhen Topraysolar Co., Ltd.
February 28,2008 - Renewableenergystocks.com reports on a new China Solar IPO debut on the Shenzhen Stock Exchange, Shenzhen Topraysolar Co., Ltd. The company, based in Nanshan District Shenzhen of China soared on its opening .
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Shenzhen Topraysolar Co., Ltd. is the first solar cell company to list its stock domestically in China's market.The stock beat expectations, closing up 378 percent from their IPO price of 10.79 yuan.
Shenzhen Topraysolar Co., Ltd.( SHE:002218) is a manufacturer of solar products. The Company is principally engaged in the research, development, manufacturer and sale of solar cells and solar panels, with types such as non-crystal silicon, mono-crystal silicon and multi-crystal silicon, as well as solar application terminal products. The Company's major products include solar cells, solar panels, solar chargers, solar lightings and solar power systems. The Company's products are distributed mainly to overseas markets, including North America, Europe, Africa, Oceania and Asia. As of December 31, 2007, the Company had one subsidiary: ASE Solar Energy Co., Limited and one branch. More info: http://www.topraysolar.com
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