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Inverter maker Ginlong pockets USD 79m from Shenzhen IPO

Chinese solar inverter maker Ginlong Technologies Co Ltd (SHE:300763) has raised CNY 532.8 million (USD 79.3m/EUR 70.3m) from its initial public offering (IPO) on the Shenzhen stock exchange last week. The manufacturer of the Solis inverters said in a press release it will use the funds to further expand its geographical presence and push the […]

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