China Ming Yang (MY) Withdraws 15M ADS Shelf; OKs Share Repurchase Program

China Ming Yang Wind Power Group Limited (NYSE: MY) has withdrawn the registration statement on Form F-1 previously filed with the Securities and Exchange Commission relating to the proposed public offering of up to 15,000,000 American depositary shares ("ADS") of the Company by certain selling shareholders.

In light of current market conditions, Ming Yang's board of directors has approved that the Company consider implementing a share repurchase program.

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