8.36
+0.12%
Close of 9 Nov 2026, in CNY
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About Ming Yang Smart Energy Group
Its shares trade on Shanghai under the ticker 601615.SS. It has been listed since 23 January 2019. In the fiscal year to 31 December 2025, it reported revenue of CN¥38.09bn and net income of CN¥659.9m. At that date it held total assets of CN¥96.85bn and shareholders' equity of CN¥26.32bn.
Ming Yang Smart Energy Group Co., Ltd. engages in the manufacture and distribution of industrial scale wind turbines. The company is headquartered in Zhongshan, Guangdong. The company went IPO on 2019-01-23. The New Energy High-end Equipment Manufacturing Business segment mainly includes large-scale wind turbine and its core components research and development, production, sales, intelligent operation and maintenance business. The Investment Operation and Intelligent Management Business of New Energy Power Plant segment mainly includes wind farm and photovoltaic power plant development, investment, construction and intelligent operation management business. The firm's products cover land units and large offshore units of normal temperature type, low temperature type, wide temperature type, plateau type and coastal type, which can adapt to different environments, wind conditions and power generation conditions in various regions. The firm mainly operates in China and overseas markets.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Electrical Equipment
- Listed since
- 23 Jan 2019
- Employees
- 11,475
- Website
- myse.com.cn ↗
Leadership
Pay as last reported
- Mr. Chuanwei ZhangChairman of the Board, Chief Executive Officer (General Manager), since 2006CN¥3.9m
- Mr. Changxin GeVice Chairman of the Board, since 2023CN¥867,800
- Mr. Meng FangChief Financial Officer
- Mr. Rui ZhangPresident - Photovoltaic Business Line, Director, since 2017CN¥1.0m
- Mr. Lianyu LiuPresident - Energy Services Business LineCN¥1.9m
- Mr. Dongdong WangChief Operating OfficerCN¥1.1m
- Mr. Qiying ZhangChief Technology Officer, Director, President - Intelligent Manufacturing Business Line, since 2019CN¥2.5m
- Mr. Jianjun LiuChief Risk Control OfficerCN¥1.2m
- Mr. Chengkui WangVice President, Secretary of the Board
- Mr. Bing HanVice PresidentCN¥508,300
- Mr. Fan YeVice PresidentCN¥441,800
- Ms. Lingna YiVice PresidentCN¥891,900
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 60
- Environment
- 83
- Social
- 74
- Governance
- 24
- Direct emissions (scope 1)
- 7,661.7 t
- Energy emissions (scope 2)
- 125,207.49 t
- Women in the workforce
- 15.42267%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Ming Yang Smart Energy Group employs 11,475 full-time employees in Zhongshan, China.
- The company's New Energy High-end Equipment Manufacturing segment covers land and offshore wind turbines for diverse environments.
- Ming Yang's products include normal temperature, low temperature, wide temperature, plateau, and coastal wind turbines adaptable to various regions.
Weaknesses
- Ming Yang's business is primarily focused on China and overseas markets with limited regional diversification.
- The company's wind turbine products require adaptation to different environments, increasing complexity.
- Ming Yang's operations are limited to wind and photovoltaic power plants without diversification into other energy sectors.
Opportunities
- Ming Yang can expand its offshore wind turbine business in overseas markets with growing renewable energy demand.
- The company can leverage its intelligent operation and maintenance services for wind farms in new regions.
- Ming Yang's product range includes specialized turbines for plateau and coastal regions, offering niche market opportunities.
Threats
- Ming Yang faces competition from other wind turbine manufacturers in the global market.
- The company's reliance on wind and photovoltaic power plants exposes it to regulatory changes in renewable energy policies.
- Ming Yang's operations in China may be affected by economic fluctuations in the country's industrial sector.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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