According to foreign sources citing people familiar with the matter on September 5, China's wind power equipment manufacturer Xinjiang Goldwind Technology will restart its IPO that was postponed in July and plans to raise about US $ 800 million.

In August, it was reported that the amount of IPO funds raised after the restart was US $ 1 billion.

Goldwind Technology was originally scheduled to land on H shares on June 22, and plans to complete a fundraising of about 8 billion yuan; however, the public sale only obtained 80% of the subscriptions, and the company canceled the issuance of H shares on June 14 due to poor market conditions .

Goldwind Technology announced on the evening of September 2 that the general meeting of shareholders had agreed to extend the validity period of its H-share issuance by 18 months, that is, within 18 months from September 25, 2010.

As of 9:45, Goldwind Technology reported 19.58 yuan, up 1.35%.

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