ZHONGSHAN, China, Oct. 10,
2014 /PRNewswire/ -- China Ming Yang Wind Power Group
Limited ("Ming Yang" or "the
Company") (NYSE: MY), a leading wind turbine manufacturer
in China, today announced the appointment of Mr. Jinfa Wang as a member of the board of
directors. He will succeed Mr. Xueyong
Zhao who has served on the board of directors since
April 2013. Mr. Xueyong Zhao has resigned as a member of the
Company's board of directors for personal reasons. Mr. Zhao has
also at the same time resigned as the president of the Company. All
committee and management changes are with immediate effect.
Mr. Jinfa Wang has over 20 years of management experience
in the electrical machinery equipment industry. He joined
Ming Yang in 2008 and has served as
senior vice president in charge of general administration, human
resource and government resources since February 2012 and was in charge of SCD
industrialization and government resources from January 2011 to February
2012.
"We would like to thank Mr. Zhao for his valuable contributions
to Ming Yang," commented Mr. Chuanwei Zhang, Chairman and
Chief Executive Officer of Ming Yang. "On behalf of the board
of directors, I would like to take this opportunity to express our
sincere gratitude to Mr. Zhao and wish him the best in his future
pursuits and endeavors."
Mr. Zhang continued, "We welcome the addition of Mr.
Jinfa Wang to the board, he has been
with Ming Yang since 2008. Mr. Wang's strong capabilities
and rich experience in wind power industry will help strengthen the
board of directors by providing valuable insight and guidance."
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:
Investor and Media Contacts:
China Ming Yang Wind Power Group Limited
Beatrice Li
+86-760-2813-8898
ir@mywind.com.cn
http://ir.mywind.com.cn
SOURCE China Ming Yang Wind Power Group Limited