Mingyang lists on London bourse, to expand in Europe

Mingyang Smart Energy Group Co Ltd, a Chinese wind turbine manufacturer and clean energy integrated solutions provider, will continue to grow its market footprint in the international offshore wind sector, especially in the European market

BEIJING: Mingyang Smart Energy Group Co Ltd, a Chinese wind turbine manufacturer and clean energy integrated solutions provider, will continue to grow its market footprint in the international offshore wind sector, especially in the European market, according to company executives.In the latest development, the company, headquartered in Zhongshan, Guangdong province, announced its public listing on the London Stock Exchange and issued global depository receipts in mid-July, a move seen as a major breakthrough in Mingyang’s exploration of the international capital and business markets.

It was the first global depositary receipt (GDR) issuance in China’s high-end clean energy equipment industry since the Shanghai-London Stock Connect scheme took effect in June 2019. Early in December, Mingyang also issued green bonds in Macau.