The nominal amount of the filing is for $250 million and the company will take the proposed ticker "GU" on the NYSE.  Merrill Lynch has been tapped as the lead underwriter in the syndicate and co-managers are listed as CIBC World Markets and Piper Jaffray.  So, take a look at the description and you will see what the potential excitement is:

• China’s largest biodiesel producer as measured by annual production capacity in 2006 by Frost & Sullivan…..
• One of the first commercial biodiesel producers in China; commenced operations in 2001 predecessor company, Sichuan Gushan Vegetable Fat Chemistry Co., Ltd., or Sichuan Gushan).
• Aggregate annual biodiesel production capacity increased from 40,000 tons in 2004 to 70,000 tons, 170,000 tons and 190,000 tons as of 2005, 2006 and 2007, respectively.
• Produced and sold 36,045, 61,119 and 158,994 tons of biodiesel in 2004, 2005 and 2006, respectively, and 136,587 tons of biodiesel in the nine months ended September 30, 2007. REVENUES: revenues and net income increased substantially during the same period…. generated revenues of RMB172.2 million, RMB360.8 million and RMB824.5 million (US$110.0 million) in 2004, 2005 and 2006, respectively, representing a compound annual growth rate, or CAGR, of 118.8%, and generated revenues of RMB736.4 million (US$98.3 million) for the nine months ended on September 30, 2007.
• Net income of RMB74.2 million, RMB152.5 million and RMB332.8 million (US$44.4 million) in 2004, 2005 and 2006, respectively, representing a CAGR of 111.8%, and recorded net income of RMB250.1 million (US$33.4 million) for the nine months ended on September 30, 2007.
• TARGET: to increase annual production capacity to 400,000 tons by the end of 2008.

We frequently discuss more detailed and IPO previews with back door plays for our open email distribution list if you wish to join.

Jon C. Ogg
December 4, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he produces the 24/7 Wall St. Special Situation Investing Newsletter and he does not own securities in the companies he covers.