The year 2006 saw over 10 Chinese businesses begin their trading on the London Stock Exchange AIM market. China Bio-Diesel Fuel International Holding Co. Ltd. was one of them, and the first Chinese renewable energy source company to trade on the AIM market. It began trading on the AIM market on June 30, 2006, issuing 9.41 million shares of common stock, and raising 8 million pounds, taking the company's value to nearly 40 million pounds.
Ye Huodong currently holds the post of the Chairman of the Board of China Bio-Diesel Fuel International Holding Co. Ltd. But the post doesn't nearly begin to describe the man, who went from climbing mountains in search of spice seed to spearheading IPOs.
"The IPO indicates that the company's development will be entering the fast lane," Ye stated after the successful IPO. "Borrowing from the strength of the capital market, we will become the global leader in the bio-diesel fuel industry."
Ye's story is a compelling drama of one man who, against all odds, rose to become an industry icon. It's a story worth reading for any blossoming entrepreneur.