Friday, June 01, 2007

Solar IPO Listed today- LDK Solar

LDK Solar Co., Ltd., (NYSE:LDK) a manufacturer of multicrystalline solar wafers, announced today that its initial public offering of 17,384,000 American Depository Shares ("ADSs") . The shares were priced at US $27.00 per ADS.

LDK Solar Co., Ltd. is a manufacturer of multicrystalline solar wafers, which are the principal raw material used to produce solar cells. LDK sells multicrystalline wafers globally to manufacturers of photovoltaic products, including solar cells and solar modules. In addition, the company provides wafer processing services to monocrystalline and multicrystalline solar cell and module manufacturers. LDK's headquarters and manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi province in the People's Republic of China. The company's office in the United States is located in Sunnyvale, California.

To read more about pending and new IPO's - read our columnist J Peter Lynch and his article on our site yesterday-The Solar IPO Wave Continues to Grow

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