China’s largest wind power equipment maker Goldwind Science & Technology plans an A-share listing and possible overseas listing to fund wind power projects in the mainland, China Venture reported. Goldwind has already taken strategic investors on board to raise capital, including Xinjiang Wind Energy Company,  China Water Resources, and four venture capital firms. The company has also been widely rumored to be planning an offshore IPO. Sources close to the situation told China Venture the company had been in talks with investment bank Goldman Sachs as early as the end of 2005. In June 2006, Reuters reported that Goldwind was planning a US IPO, while a media report last month said the company planned to raise 500 million yuan (US$64.1 million) by selling 50 million shares in Hong Kong in 2009. With assets of just 600 million yuan, Goldwind produced 27% of the wind-power generators sold in China in 2005.  It can currently make generators as big as 1.5 megawatts (MW) but is working with Germany's Vensys to produce 2.5-MW generators and is aiming to produce 2000 and 2500 kilowatt generators with a view to establishing a wind power field on the sea. Goldwind has a 40% market share in the Chinese-made wind turbines market.