Xi’an Shaangu Power Co., Ltd. (SPC), a sub-company of Shaanxi Blower (Group) Co., Ltd. (Shaangu Group in short) was established based on operating activities and high quality assets of Shaangu Group in June, 1999. SPC is a joint-stock company, in which Shaangu Group has 98.624% share. Through increased investment and extended shares in recent years, SPC has had 7 strategic investors including Lengend Holdings Ltd. and Shanghai Fusun High Technology Company. On April 28, 2010, SPC successfully went into IPO, in Shanghai Stock Exchange. The stock code is 601369. Up to date, Shaangu Group has 61.575 % shares of SPC. SPC is a professional company who provides systematic solutions and services for turbo-machinery in the fields of metallurgical industry, petrol-chemical industry, air separation, environmental protection, national defense, etc. Traditional products include axial compressors, energy recovery turbo-expanders, centrifugal compressors, centrifugal blowers, large ventilators and steam turbines. Wherein, the axial compressor and the turbo-expander are a kind of environmental protection products. Main competitors in the domestic market are international companies. Both of the two products won second awards of national S&T advancement for three times. In particular，the axial compressor and the energy recovery equipment were awarded “Chinese Famous Product” in 2004 and 2005 respectively. SPC passed ISO9001 Quality System Certificate in 1994, ISO 14001 Environmental Management System Certificate in 2001 and OHSM18000 Occupation Health & Safety Management System Certificate in 2004. By the end of May, 2010, SPC has 2571 employees, in which more than 1000 people are technical engineers. Since being built, SPC has been keeping on the way of continuous development. Especially since the year of 2001, SPC has got many opportunities in the markets and has made great achievements under the national economic rapid development. The scale was increased to 4.571 billion RMB Yuan in 2008 from 0.337 billion RMB Yuan in 2001. Productivity per head is about 380 thousand RMB, 4 times the average of his peers in China. It makes a solid foundation for SPC future development. With rapid enhancement of comprehensive strength, social and industrial influences of SPC are increasing with times. Since 2002, the economic index has taken the leading position in China among main competitors. In 2006, the trademark “Shaangu” was awarded as “China Excellent Trademark” by the national industrial and commercial department and also by the department of national judicial examination. “Shaangu” brand was entitled as the most competitive brand in the market in 2006” by the Commercial Bureau. In 2009, Shaangu Brand was evaluated as 18.57 billion RMB by related authority, compared with 11.56 billion RMB in 2008. On October 26, 2009, SPC won “National Quality Award”, who becomes the first company in Shaanxi Province and in the blower industry to have such reputation. While harvesting significant economic benefits, SPC has made it in the operation management which has been approved by people from all walls of life. In recent years, SPC has won more than 100 honors such as Top 10 Excellent Management Enterprises in Shaanxi Province, National Model Enterprises to Create a Harmonious Labor Relations, The Excellent Enterprise in National Machinery Quality Management Groups, Machinery Industry Quality Management Award, 2007 Credit Company, Advanced Group to Revitalize the Equipment Manufacturing, Shaanxi Civilization Enterprise, National Labor Medal and Top 10 Charitable Enterprises in Shaanxi Province. Letter of intention for stock offering is fully issued at Shanghai Stock Exchange Website