MYSE(SH:601615) Zhong Guo Jing Ji Wang·2025-10-13 07:57Core Viewpoint - Mingyang Smart Energy plans to invest £1.5 billion (approximately ¥142.10 billion) to establish the UK's first integrated wind turbine manufacturing base in Scotland, pending approvals from relevant authorities [1][2] Investment Plan - The investment will be allocated to build offshore and floating wind turbine manufacturing facilities, divided into three phases: - Phase 1: Establish advanced manufacturing plants for wind turbine nacelles and blades, with the first production expected by the end of 2028 - Phase 2: Expand production lines to accelerate the commercialization of floating wind technology - Phase 3: Further expand to include production of control systems, electronic devices, and other key components [1] Government and Business Engagement - The company has engaged in extensive discussions with the UK and Scottish governments, as well as various entities including Great British Energy and the Scottish National Investment Bank, to facilitate the investment [2] Technological Advancement - The investment aims to introduce advanced offshore wind technology to the North Sea region, promoting the commercialization of floating wind technology and establishing a complete production and service system in the UK [2] Financial Overview - Mingyang Smart Energy was listed on the Shanghai Stock Exchange on January 23, 2019, with an initial offering price of ¥4.75 per share, raising a total of ¥1.31 billion [2]