ZHONGSHAN, China, June 5, 2014
/PRNewswire/ -- China Ming Yang Wind
Power (NYSE: MY) ("Ming Yang"
or the "Company"), today announced its subsidiary, Jiangsu Mingyang
Wind Power Technology Limited, ("Jiangsu Mingyang"), has been
approved by Rudong Energy Bureau in Jiangsu Province, China, to exclusively
develop and operate a 300MW off-shore wind power project off the
coast of Rudong in Jiangsu
Province, China, subject to certain conditions.
"This marks an important milestone in Ming Yang's off-shore strategy in China," commented Mr. Chuanwei Zhang, Chairman and Chief Executive
Officer of Ming Yang. "Ming Yang expects to continue to leverage the
off-shore opportunity in China and
deliver our innovative Super Compact Drive ("SCD") wind turbine
generators as an effective solution for off-shore wind power
projects in China and beyond."
Safe Harbor Statement
This press release contains forward-looking statements. These
statements constitute "forward-looking" statements within the
meaning of Section 21E of the Securities Exchange Act of 1934, as
amended, and as defined in the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "will," "to be," "expects,"
"anticipates," "future," "intends," "plans," "believes,"
"estimates," "target," "goal," "strategy" and similar statements.
Such statements are based upon management's current expectations
and current market and operating conditions, and relate to events
that involve known or unknown risks, uncertainties and other
factors, all of which are difficult to predict and many of which
are beyond Ming Yang's control,
which may cause Ming Yang's actual
results, performance or achievements to differ materially from
those in the forward-looking statements. Actual results or events
may differ from those anticipated or predicted in this press
release, and the differences may be material. Further information
regarding these and other risks, uncertainties or factors is
included in Ming Yang's filings with
the U.S. Securities and Exchange Commission. Ming Yang does not undertake any obligation to
update any forward-looking statement as a result of new
information, future events or otherwise, except as required under
applicable law.
About China Ming Yang Wind Power Group Limited
China Ming Yang Wind Power Group Limited (NYSE: MY) is a leading
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 provides customers with
comprehensive post-sales services. Ming
Yang cooperates with aerodyne Energiesysteme, one of the
world's leading wind turbine design firms based in Germany, to co-develop wind turbines. In terms
of newly installed capacity, Ming
Yang was a top 10 wind turbine manufacturer worldwide and
the largest non-state owned wind turbine manufacturer in
China in 2013.
For further information, please visit the Company's website:
ir.mywind.com.cn
For investor and media inquiries, please contact:
China Ming Yang Wind Power Group Limited
Beatrice Li
+86-760-2813-8898
ir.mywind.com.cn
SOURCE China Ming Yang Wind Power Group Limited