China Ming Yang Wind Power Group

Ming Yang Smart Energy completed the third tranche of its “2026 Green Sci‑Tech Innovation Bonds” with a size of 500 million RMB. The three‑year bonds were issued at a par value of 100 RMB with a coupon of 1.85%; repayment is scheduled for 27 August 2029. The issuance was made under an approved medium‑term note program (up to 3 billion RMB) with China CITIC Bank as bookrunner and lead underwriter. » Más en de.investing.com

Ming Yang Smart Energy Group says due diligence, valuation and legal review for the proposed 100% acquisition of Uniwatt Technology are ongoing. The takeover is planned to be effected through an issuance of shares and a cash payment with accompanying financing and is considered a related‑party transaction, but is not expected to be classified as a major asset restructuring. No formal transaction agreement has been signed yet, and several consents and approvals are still pending, so completion of the transaction remains uncertain. » Más en de.investing.com

Ming Yang Smart Energy announces it will not convene the general meeting on the planned acquisition of Uniwatt within the prescribed six‑month period. The plan envisages acquiring 100% of Uniwatt’s shares by share issuance and cash payment; audit, valuation and legal due diligence work are not yet completed and no formal transaction agreement has been signed. The transaction is considered a related‑party deal, is subject to further approvals and disclosure obligations, and will be pursued in accordance with the requirements of the China Securities Regulatory Commission and the Shanghai Stock Exchange. » Más en de.investing.com