Most of U have no clue as to what the Shenyang Power Alliance is but China and APWR are building a green dragon and about to unleash the green power dragon on the rest of the world. Thanks to InvestForth for writing up the following post/link for the financial manuever that 99.99999999% of all Americans have NO CLUE about and is coming to APWR:

In previous posts regarding “A-Power and Liaoning Equipment Investment & Operation Reach Strategic Cooperation Agreement,” some asked what does going public mean. According to the original Chinese version Shenyang Government Meeting Minutes, dated June 8, 2009, Shenyang Power Group is to aim for public listing in 2010. (I still think 2010 seems a bit “rushed,” but there is such a plan all along.)

Below is one of my old posts. I just checked, the links are no longer there, and the stock price and investment returns numbers will need to be updated, but the points I wanted to make across remain the same.

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APWR 2009-06-19 Shenyang Power Group to Aim for public listing in 2010

When Comparing the English version press release (link 1 below) and original Chinese version Shenyang Government Meeting Minutes (link 2 below, from Liaoning Hi-Tech, or GaoKe, Energy Group website) regarding Shenyang Power Group, I found that 2 important points outlined in the Chinese document were not in the brief English press release:

http://finance.yahoo.com/news/APower-Ene…

http://www.lngkny.org/gnly-show.asp?colu…?????????A-Power????

(1) To aim for Shenyang Power Group to complete public listing in 2010
(2) [Shenyang] Government to provide guaranty for projects undertaken by the Group

Basically, APWR will subsequently own (a) 60% of a public-listed company with strong government backing and guaranty (and preferential funding supports), (b) 100% of a DG business consisting of projects of up to $100M per project, (3) 100% of a high-quality, premium wind turbine business (with Fuhrlander, Norwin, and GE as partners), and (4) a few JVs. [It is conceivable that wind business can be carved out and public-listed in the future as well.]

Of course, it will all depend on execution. (And 2010 seems a bit “rushed.”) But there is no reason to believe that as a holding company APWR, currently having a market cap of about $340M ($8.42 * 39.96M shares, which is 34.7M + 5.26M shares, taking into account converts and warrants), can not be a $4B to $10B company in A FEW YEARS. It could potentially be a 12 to 29-bagger investment. (Note: APWR’s Wind turbine competitor Goldwind currently sports a market cap of about $4.5B, downed from about $10B in early 2008.)

Mr. Lu, a shrewd businessman, has not sold a single share of his vast holding going back to Jan. 2008. http://finance.yahoo.com/q/it?s=APWR I bet his vision of APWR one day becoming a premium alternative energy company internationally, not just in China, will become a high-probability outcome. (You should do your own DD before placing your bet.)