Post by Hot Christian Stocks on Mar 13, 2012 8:47:53 GMT -5
MY - China Ming Yang Wind Power Group Ltd.
About China Ming Yang Wind Power Group Limited
China Ming Yang Wind Power Group Limited (NYSE: MY) is a leading and fast-growing wind turbine manufacturer in China, focusing on designing, manufacturing, selling and servicing megawatt-class wind turbines. Ming Yang produces advanced, highly adaptable wind turbines with high energy output and low energy production costs and provides customers with comprehensive post-sales services. Ming Yang cooperates with aerodynEnergiesysteme, one of the world's leading wind turbine design firms based in Germany, to develop wind turbines and share intellectual property rights. Ming Yang's key customers include the five largest state-owned power producers in China, with an aggregate installed capacity accounting for more than 50% of China's newly installed capacity in 2010. For further information, please visit the Company's website: www.mywind.com.cn
Contact Info
Jianye Road
Mingyang Industry Park
National Hi-Tech Industrial Development Zone
Zhongshan, 528437
China
Phone: 86 760 2813 8666
Fax: 86 760 2813 8667
www.mywind.com.cn
investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=MY:US
Mr. Chuanwei Zhang Founded China Ming Yang Wind Power Group Limited in June 2006 and has been its Chairman, Chief Executive Officer and President since June 2006. Mr. Zhang founded Mingyang Electrical Appliances in 1993 and served as its general manager. He founded Mingyang Electrical in 1995 and served as its general manager until October 2007. Prior to founding Mingyang Electrical, Mr. Zhang served as a general manager in charge of the overall strategy, management and administration of Zhuhai Fengze Electrical Appliance Co., Ltd., a Sino-foreign joint venture that develops and sells high voltage switch cabinets, from 1990 to 1993. From 1988 to 1990, Mr. Zhang served as an assistant factory manager and office manager in charge of general operation at the General Factory of High Voltage Switches located in Xinyang City, Henan Province, China. Mr. Zhang has also served as the chairman of the board of directors of several related companies, including Mingyang Longyuan, a company thatmanufactures renewable energy equipment, since 2004, Mingyang Energy Investment since 2007, Mingyang New Energy since 2008 and REnergy since 2008. He serves as Chairman of Guangdong Mingyang Electric Group Co., Ltd. In addition, Mr. Zhang has served as a director at Guodian Zhongshan Natural Gas Power Generation Co., Ltd., a natural gas power producer, since August 2005. He serves as the executive chairman of Zhongshan Chamber of Industry & Commerce, chairman of Guangdong Electric Industry Association and vice director of Zhongshan Foreign Affair Association. Mr. Zhang received his bachelor’s degree from News College of Chongqing City in 1984 and a master’s degree in business administration from a joint program by Hong Kong Baptist University and Sun Yat-sen University in December 2002.
China Ming Yang Wind Power Group Limited, through its subsidiaries, engages in the design, manufacture, selling, and servicing of megawatt-class wind turbines in the People’s Republic of China. The company also provides related maintenance services. Products The company produces megawatt-class grid-connected horizontal-axis wind turbines, equipped with a double-fed constant frequency induction generator, which is a design of the generator that enables the generator to produce electric current of a constant frequency as the shaft rotates at varying speeds causing the generator rotor to rotate at varying speed. The company offers 1.5MW turbines specially designed and developed for the wind and weather conditions and power grids in China. Its MY1.5s model can be installed in the eastern and southern coastal regions of China. The company’s MY1.5se model can be installed in the northern regions of China to withstand cold weather during the winter months of temperatures as low as -40°C as well as frequent sandstorms during the spring months. The company’s 1.5MW wind turbines are equipped with rotor blades with a post-installation diameter of 77.1 meters and 82.6 meters. MY1.5s Model The company’s MY1.5s wind turbine model can survive high temperatures, frequent typhoons, salt mist and thunderstorm. They can operate under temperatures of approximately 40 °C and withstand temperatures as high as 50°C as a result of its selection of special materials, nacelle ventilation design and generator and water-air gearbox cooling system. The company’s patented nacelle design elevates the pressure inside the nacelle above the external barometric pressure, creating a ‘wind curtain’ that prevents small particles from entering the nacelle to ensure internal air quality and prolong the life span of the components housed inside. The company also applies special surface treatment to wind turbines to resist erosions from salty air. Its MY1.5s wind turbines have a level of protection against lightning through the use of a lightning current arrester at both the nacelle and the rotor blades, an equipment to protect the power-supply system between the generator and transformer. MY1.5se Model In addition to features of the MY1.5s model, the company’s MY1.5se wind turbines have features designed to survive the cold climate of the northern regions in China with temperature as low as -40°C and to generate electricity at temperatures as low as -30°C and withstand frequent sand dusts. The company’s patented ‘wind curtain’ nacelle design and special surface treatment to wind turbines enable its MW1.5se wind turbines to resist erosions from sand dusts. Other MY1.5 Customized Models The company has developed the MY1.5su model, which is designed to be used in the extreme cold climate in China. It equips the wind turbines with heaters to pre-heat various important components and parts, including gearbox, generator, cabinet, and turbine tower. The company also applies special coating to blades in order to avoid ice coating. It has developed the MY1.5sl based on its MY1.5se models, which is particularly designed for inner areas in China where average wind speed is generally low. To install its 1.5MW wind turbine in tidal flat areas in coastal regions in China, the company developed MY1.5st models. The company has also developed MY1.5sh models for high altitude areas where air density and air pressure are generally lower. SCD Wind Turbines In addition to conventional 1.5MW wind turbines, the company obtained license rights under a license agreement from aerodyn Asia Co., Ltd. to manufacture and distribute 2.5/3.0MW SCD wind turbines and 6.0MW SCD wind turbines in China. Customers The company’s customers include Chinese electric power producers, namely, China Datang Corporation, China Huadian Corporation, China Guodian Corporation, China Power Investment Corporation, China Huaneng Group, China Longyuan Power Group Corporation Limited, and China Datang Corporation Renewable Power Co., Limited. The company sells wind turbines to regional alternative energy investment companies, regional electric power producers and wind far
About China Ming Yang Wind Power Group Limited
China Ming Yang Wind Power Group Limited (NYSE: MY) is a leading and fast-growing wind turbine manufacturer in China, focusing on designing, manufacturing, selling and servicing megawatt-class wind turbines. Ming Yang produces advanced, highly adaptable wind turbines with high energy output and low energy production costs and provides customers with comprehensive post-sales services. Ming Yang cooperates with aerodynEnergiesysteme, one of the world's leading wind turbine design firms based in Germany, to develop wind turbines and share intellectual property rights. Ming Yang's key customers include the five largest state-owned power producers in China, with an aggregate installed capacity accounting for more than 50% of China's newly installed capacity in 2010. For further information, please visit the Company's website: www.mywind.com.cn
Contact Info
Jianye Road
Mingyang Industry Park
National Hi-Tech Industrial Development Zone
Zhongshan, 528437
China
Phone: 86 760 2813 8666
Fax: 86 760 2813 8667
www.mywind.com.cn
investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=MY:US
Mr. Chuanwei Zhang Founded China Ming Yang Wind Power Group Limited in June 2006 and has been its Chairman, Chief Executive Officer and President since June 2006. Mr. Zhang founded Mingyang Electrical Appliances in 1993 and served as its general manager. He founded Mingyang Electrical in 1995 and served as its general manager until October 2007. Prior to founding Mingyang Electrical, Mr. Zhang served as a general manager in charge of the overall strategy, management and administration of Zhuhai Fengze Electrical Appliance Co., Ltd., a Sino-foreign joint venture that develops and sells high voltage switch cabinets, from 1990 to 1993. From 1988 to 1990, Mr. Zhang served as an assistant factory manager and office manager in charge of general operation at the General Factory of High Voltage Switches located in Xinyang City, Henan Province, China. Mr. Zhang has also served as the chairman of the board of directors of several related companies, including Mingyang Longyuan, a company thatmanufactures renewable energy equipment, since 2004, Mingyang Energy Investment since 2007, Mingyang New Energy since 2008 and REnergy since 2008. He serves as Chairman of Guangdong Mingyang Electric Group Co., Ltd. In addition, Mr. Zhang has served as a director at Guodian Zhongshan Natural Gas Power Generation Co., Ltd., a natural gas power producer, since August 2005. He serves as the executive chairman of Zhongshan Chamber of Industry & Commerce, chairman of Guangdong Electric Industry Association and vice director of Zhongshan Foreign Affair Association. Mr. Zhang received his bachelor’s degree from News College of Chongqing City in 1984 and a master’s degree in business administration from a joint program by Hong Kong Baptist University and Sun Yat-sen University in December 2002.
China Ming Yang Wind Power Group Limited, through its subsidiaries, engages in the design, manufacture, selling, and servicing of megawatt-class wind turbines in the People’s Republic of China. The company also provides related maintenance services. Products The company produces megawatt-class grid-connected horizontal-axis wind turbines, equipped with a double-fed constant frequency induction generator, which is a design of the generator that enables the generator to produce electric current of a constant frequency as the shaft rotates at varying speeds causing the generator rotor to rotate at varying speed. The company offers 1.5MW turbines specially designed and developed for the wind and weather conditions and power grids in China. Its MY1.5s model can be installed in the eastern and southern coastal regions of China. The company’s MY1.5se model can be installed in the northern regions of China to withstand cold weather during the winter months of temperatures as low as -40°C as well as frequent sandstorms during the spring months. The company’s 1.5MW wind turbines are equipped with rotor blades with a post-installation diameter of 77.1 meters and 82.6 meters. MY1.5s Model The company’s MY1.5s wind turbine model can survive high temperatures, frequent typhoons, salt mist and thunderstorm. They can operate under temperatures of approximately 40 °C and withstand temperatures as high as 50°C as a result of its selection of special materials, nacelle ventilation design and generator and water-air gearbox cooling system. The company’s patented nacelle design elevates the pressure inside the nacelle above the external barometric pressure, creating a ‘wind curtain’ that prevents small particles from entering the nacelle to ensure internal air quality and prolong the life span of the components housed inside. The company also applies special surface treatment to wind turbines to resist erosions from salty air. Its MY1.5s wind turbines have a level of protection against lightning through the use of a lightning current arrester at both the nacelle and the rotor blades, an equipment to protect the power-supply system between the generator and transformer. MY1.5se Model In addition to features of the MY1.5s model, the company’s MY1.5se wind turbines have features designed to survive the cold climate of the northern regions in China with temperature as low as -40°C and to generate electricity at temperatures as low as -30°C and withstand frequent sand dusts. The company’s patented ‘wind curtain’ nacelle design and special surface treatment to wind turbines enable its MW1.5se wind turbines to resist erosions from sand dusts. Other MY1.5 Customized Models The company has developed the MY1.5su model, which is designed to be used in the extreme cold climate in China. It equips the wind turbines with heaters to pre-heat various important components and parts, including gearbox, generator, cabinet, and turbine tower. The company also applies special coating to blades in order to avoid ice coating. It has developed the MY1.5sl based on its MY1.5se models, which is particularly designed for inner areas in China where average wind speed is generally low. To install its 1.5MW wind turbine in tidal flat areas in coastal regions in China, the company developed MY1.5st models. The company has also developed MY1.5sh models for high altitude areas where air density and air pressure are generally lower. SCD Wind Turbines In addition to conventional 1.5MW wind turbines, the company obtained license rights under a license agreement from aerodyn Asia Co., Ltd. to manufacture and distribute 2.5/3.0MW SCD wind turbines and 6.0MW SCD wind turbines in China. Customers The company’s customers include Chinese electric power producers, namely, China Datang Corporation, China Huadian Corporation, China Guodian Corporation, China Power Investment Corporation, China Huaneng Group, China Longyuan Power Group Corporation Limited, and China Datang Corporation Renewable Power Co., Limited. The company sells wind turbines to regional alternative energy investment companies, regional electric power producers and wind far