Mingyang Smart: The company has noted relevant media reports and has not yet received an official response from the UK government regarding the company's investment and factory construction plans.

MetaMuskRat · 2026-03-27T06:21:09+00:00

Mingyang Smart announced that the UK government has rejected its plan to establish a wind turbine manufacturing base in Scotland due to national security reasons. The company has not yet received an official response and will continue to communicate with the UK and disclose progress. Investment risks include increased costs and project delays.

MetaMuskRat

2026-03-27 06:21:09

Abstract generation in progress

People’s Financial News, March 27 - Mingyang Smart (601615) announced on the morning of March 27 that, according to related media reports, the UK government has rejected the company’s plan to build the UK’s first fully integrated wind turbine manufacturing base in Scotland on the grounds of national security. After taking note of related media reports, the company actively verified the relevant situation. As of now, the company has not received an official response from the UK government regarding the company’s investment plan for the factory. The company will maintain ongoing communication with the UK government on related issues and will disclose relevant progress in a timely manner. As of the date of this announcement, the company has not invested funds in the aforementioned project; this investment plan involves a long construction period and a large investment amount, and the impact on the company’s profits cannot be accurately estimated. There may be risks such as increased construction costs and delays in construction progress during the project’s construction.

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