China Ming Yang Wind Power Grou (NYSE:MY)

Monday, April 18, 2016 | Web News
Fourth Quarter 2015 Financial Results: Total revenue was RMB2,160.3 million (US$333.5 million), compared to RMB1,996.0...
Wednesday, February 3, 2016 | Web News
ZHONGSHAN, China, Feb. 3, 2016 /PRNewswire/ -- China Ming Yang Wind Power Group Limited ("Ming Yang" or the "...
Thursday, December 3, 2015 | Web News
ZHONGSHAN, China, December 3, 2015 /PRNewswire/ -- China Ming Yang Wind Power Group Limited ("Ming Yang" or the "Company"...
See All Research...

We are a leading and fast-growing wind turbine manufacturer in China, focusing on designing, manufacturing, selling and servicing megawatt-class wind turbines. We were the largest non-state owned or controlled wind turbine manufacturer in China, as measured by installed capacity of wind turbines at the end of 2009, with a 4.1% market share in terms of newly installed capacity in 2009, according to BTM Consult ApS, or BTM, an independent consulting firm specializing in renewable energy. We were also among the five largest domestic branded wind turbine manufacturers in China as measured by newly installed capacity in 2009, according to BTM. Also according to BTM, China had advanced to first place in the world in terms of newly installed capacity of wind turbines, with 13,750 megawatts, or MW, in 2009, and second place in the world in terms of cumulative installed capacity, with 25,853MW by the end of 2009. We believe that we are well-positioned to benefit from the projected significant growth in China’s wind power equipment industry.

Our customers include the five largest Chinese state-owned power producers: China Datang Corporation, or China Datang; China Huadian Corporation, or Huadian; China Guodian Corporation, or Guodian; China Power Investment Corporation, or CPIC; and China Huaneng Group, or Huaneng; or their alternative energy subsidiaries, such as China Longyuan Power Group Corporation Limited, or Longyuan, which is a subsidiary of Guodian and a company listed on the Hong Kong Stock Exchange. According to the Chinese Wind Energy Association, a member of the World Wind Energy Association, these customers were among the top wind farm operators in China as measured by newly installed wind capacity in 2009, with an aggregate installed capacity

Last updated September 17, 2010