At 9:25 a.m. on June 30, Guangdong Mingyang Electric Co., Ltd. (Hereinafter referred to as "Mingyang Electric") rang the listing bell on the Shenzhen Stock Exchange, announcing that Mingyang Electric had successfully landed on the A-share GEM and officially appeared in the capital market, marking a new stage of development for the company. Zhang Chuanwei, secretary and chairman of the Party Committee
of Mingyang Group, said in his speech that since its establishment, Yang Electric has always adhered to the principle of serving the country by industry and manufacturing high-end equipment, adhered to innovation and independent research and development, and has developed into a leading domestic and world-renowned supplier of electrical equipment and a leader of new energy electrical equipment. It has significant advantages such as high-end market, high-end customers, high-end products and high-end technology. Relying on model innovation, technological innovation and product creation, Mingyang Electric has achieved import substitution in the field of offshore wind power, broken the long-term monopoly of foreign brands, and enabled more Chinese creation in Mingyang Electric's manufacturing in China.
Mingyang Electric said that in the field of hydrogen energy, it will continue to invest, speed up the layout of hydrogen energy industry, build a hydrogen energy "production, storage and processing" industrial cluster, build a green hydrogen industry ecological chain, further expand the international market, and let Mingyang brand go to the world and become well-known in the international new energy market.
It is reported that Mingyang Electric was founded in 2015, mainly engaged in the research and development, production and sales of transmission and distribution and control equipment used in new energy, new infrastructure and other fields, the main products are box-type substations, complete sets of switchgear and transformers.