China Wind Power Expands into City of Ganzhou

China Ming Yang Wind Power Group Limited MY is continuing its expansion into China's largest cities with its recently announced move into Ganzhou, the second largest city in China's Jiangxi Province, with its wind power solutions.

China Ming Yang Wind Power Group Limited (“Ming Yang” or the “Company”) MY announced today that the Company has entered into a strategic framework cooperation agreement with the Municipal government of Ganzhou, the second largest city of China's Jiangxi Province. Under the framework agreement, the Ganzhou government will give priority to provide rare earth resources to Ming Yang, grant Ming Yang exclusive rights to operate wind farms in Ganzhou, and give priority use to Ming Yang's wind turbines in Jiangxi province.

In addition, under the framework agreement, the Ganzhou government grants Ming Yang the right to invest, as the promoter, in Ganzhou Rare Earth Mineral Industry Group. Ganzhou Rare Earth Mineral Industry Group is a state-owned company formed by Ganzhou municipal government with rare earth resources development rights in eight counties in Ganzhou. Based on the framework agreement, the Company will invest in the projects of research and development, and production of wind turbine generators (“WTGs”) and core components, such as permanent magnetic generators, magnetic materials, etc., with funds committed in various stages according to the construction schedule.

Mr. Zhang Chuanwei, Chairman and CEO of Ming Yang remarked, “Building a wind power upstream supply chain is a core part of Ming Yang's strategic development at this stage. The strategic cooperation with the municipal government of Ganzhou will allow the Company to be the first Chinese wind turbine manufacturer to gain access to rare earth resources, which will enable the Company to accomplish the strategic goal to develop permanent magnetic generators for high-capacity WTGs. This is also imperative to the production of the core components of SCD WTGs and the optimization of cost. Ming Yang will continue to expand in upstream supply chain, to further enhance the Company's integrated capabilities in the wind turbine core component supply chain. We believe solid execution of this strategy will enhance our profitability, and help further expand our market share.”

About China Ming Yang Wind Power Group Limited

China Ming Yang Wind Power Group Limited MY is a leading and fast-growing wind turbine manufacturer in China, focusing on designing, manufacturing, selling and servicing megawatt-class wind turbines. Ming Yang produces advanced, highly adaptable wind turbines with high energy output and low energy production costs and provides customers with comprehensive post-sales services.  Ming Yang cooperates with aerodyn Energiesysteme, one of the world's leading wind turbine design firms based in Germany, to develop wind turbines and share intellectual property rights. Ming Yang's key customers include the five largest state-owned power producers in China, with an aggregate installed capacity accounting for more than 50% of China's newly installed capacity in 2009. For further information, please visit the Company's website: www.mywind.com.cn

Safe Harbor Statement

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