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China's top wind blade maker eyes U.S. growth, IPO

HONG KONG (Reuters) May 18 - ZhongHang Huiteng Windpower Equipment Co, China's largest maker of wind turbine blades, has targeted growth abroad, primarily in the United States, as it positions itself for a planned IPO in Shanghai, a top executive told Reuters.

HONG KONG (Reuters) May 18 - ZhongHang Huiteng Windpower Equipment Co, China's largest maker of wind turbine blades, has targeted growth abroad, primarily in the United States, as it positions itself for a planned IPO in Shanghai, a top executive told Reuters.

The Baoding-based manufacturer, which recorded about 3 billion yuan in revenue yearly ($439 million), aims to list shares on the Shanghai bourse, said Yih-Min Jan general manager at Tang Energy, a Dallas-based project developer which owns 25 percent of the wind company.

"We're looking at helping the company build its business in the U.S. and develop its network in the North American markets," Jan told Reuters, adding that the listing could help boost the company's profile.

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