Ming Yang Intelligence

Company Profile

Founded in 2006 and headquartered in Zhongshan, Guangdong, China, Ming Yang Intelligent Energy Group Corporation (hereinafter referred to as Ming Yang Intelligent, stock code: 601615.SH, MYSE.L) focuses on the research, development and manufacturing of new energy high-end equipment, with its business covering the development and operation of wind, light, storage and hydrogen clean energy, the research, development and manufacturing of high-end equipment and engineering services, ranking among the top 500 Chinese enterprises and the top 500 global new energy enterprises. MYSE.L, founded in 2006 and headquartered in Zhongshan, Guangdong, China, specializes in R&D and manufacturing of new energy high-end equipment, with business covering clean energy development and operation of wind, light, storage, hydrogen and other clean energy, R&D and manufacturing of high-end equipment, as well as engineering and technical services.

Milestones

• Founding and Early Development: Ming Yang Intelligent was founded in June 2006, formerly known as Guangdong Ming Yang Wind Power Industry Group Co. At the early stage of its establishment, the company showed remarkable growth speed, and in the third year of its establishment (2008), its revenue exceeded 500 million yuan.
• U.S. stock listing and privatization: In October 2010, Ming Yang Intelligence successfully landed on the New York Stock Exchange in the U.S., becoming the first domestic wind power manufacturing company listed in the U.S. In July 2016, the company completed privatization and delisting.
• A-share listing and accelerated growth: In 2017, Ming Yang Intelligence changed its name to Ming Yang Intelligent Energy Group Joint Stock Company, and in January 2019, it successfully landed on the A-share market. Since then, the company has entered an accelerated development phase, with rapid growth in both revenue and profit.
• Globalization strategyIn recent years, Ming Yang Intelligence has put forward the strategic plan of "accelerating the globalization strategy", although the main revenue still comes from the domestic market, but the company is actively expanding foreign markets.

Products & Services

• offerings: Ming Yang Intelligence focuses on the innovative R&D and manufacturing of offshore and land megawatt wind turbines, and has built a wind power industry cluster for the manufacturing of complete machines and core components such as blades, gearboxes, inverter systems, control systems, boosting systems, and flexible DC output systems. The company's product line is complete and adapts to various wind conditions around the world, including MySE series offshore wind turbines and so on.
• service: The company provides intelligent energy storage system solutions with full life cycle management, intelligent operation and intelligent scheduling, covering various application scenarios on the power supply side, grid side and user side. In addition, the company also provides energy services, including intelligent power plant, intelligent operation and digital platform.

core technology

• Independent research and development: Ming Yang Intelligence insists on independent innovation of core technology, with 5000+ scientific and technological talents and 2000+ patents and software copyrights. The company has constructed a national-level innovation and R&D platform, and is committed to promoting the innovation and development of new energy technology.
• Intelligent Wind Turbine Technology: The company's smart turbines are bigger, smarter and greener, leading a new journey for sea and land big turbines. By integrating big data AI+ intelligent system, the wind turbine can realize self-learning, smarter and friendlier operation.
• Energy storage technologyMing Yang Intelligent has developed core equipment such as energy storage converter (PCS), energy management system (EMS), battery management system (BMS), etc., providing "energy storage +" system solutions. The company's energy storage products are characterized by long life, strong safety, high reliability, high integration and high intelligence.
• Offshore wind technology: The company has significant advantages in the field of offshore wind power, and has won the awards of the world's best offshore wind turbine, the world's best blade, and the world's best transmission chain for many years in a row. The company's MySE series offshore wind turbine is a customized design for different sea areas in China, and a completely self-developed offshore typhoon-resistant mega wind turbine.