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Ming Yang Wind Power Group
Native name
明阳风电集团有限公司
Type
Public
Traded as NYSE: MY
Industry Wind power
Predecessor Guangdong Mingyang Wind Power Technology
Founded 2006 (2006)
Headquarters Zhongshan, Guangdong, China
Key people
Chuanwei Zhang (Chairman & CEO)
Products Wind turbines
Number of employees
5000
Subsidiaries

Jilin Mingyang Datong Wind Power Technology
Tianjin Mingyang Wind Power Blade Technology

Zhongshan Mingyang Wind Power Blade Technology
Website Ming Yang Global
Ming Yang China

Jilin Mingyang Datong Wind Power Technology
Tianjin Mingyang Wind Power Blade Technology

Ming Yang Wind Power Group Limited ("Ming Yang", Chinese: 明阳风电) is the largest private wind turbine manufacturer in China and the fifth largest overall in the country. Since 1 October 2010, the company was listed on the New York Stock Exchange until 2016, June 22.

The company is focusing on designing, manufacturing, selling and servicing megawatt-class wind turbines. Ming Yang cooperates with aerodyn Energiesysteme, a leading wind turbine design firm based in Germany. Ming Yang's key customers include the five largest state-owned power producers in China, with an aggregate installed capacity accounting for more than 5.5% of China's newly installed capacity in 2010.

The company started wind turbine production in 2007, with a prototype of 1.5MW designed by aerodyn Energiesysteme.

In 2010 Ming Yang started SCD production (2.75MW and 3.0MW). The SCD (Super Compact Drive) is an innovative two blade turbine by aerodyn (Husum WindEnergy AWARD 2009). In 2013, the new offshore wind turbine SCD 6.5 was presented. A two bladed downwind offshore turbine with helicopter deck. The first was connected to the grid in 2015. Larger models are expected, and 12 MW is under development.

In 2011, Ming Yang ranks among top 4 of wind turbine supplier in China and Top 10 of wind turbine worldwide.

Mingyang won a bid for 87 MW (29 * 3 MW) two-bladed offshore wind turbines near Zhuhai in 2013.


Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2011-06-03 Downgrade Maxim Group Buy to Hold
2011-06-03 Downgrade Maxim Group Buy to Hold

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Funds

In MY 4 funds of 2213 total. Show all

Fund name Ticker shares
NEWQUEST CAPITAL MANAGEMENT (CAYMAN) Ltd 2.95M
AYM CAPITAL, LLC 0.32M
Seamans Capital Management, LLC 0.15M
RUSSELL FRANK CO/ 0.12M

Major Shareholders

Name Relationship Total Shares Holding stocks