Ming Yang Smart Energy Group Limited (GDR: MYSE), a Chinese joint stock company operating in the smart energy sector, has disclosed that three persons discharging managerial responsibilities (PDMRs) purchased ordinary A shares on the Shanghai Stock Exchange between 6 and 10 November 2026. The transactions, notified under Article 19 of the UK Market Abuse Regulation, involved the company's Chief Technology Officer, a Director and Vice President, and its Vice President and Board Secretary. Combined, the three executives spent a total of CNY 669,800 acquiring 80,000 A shares across the three separate dealings, a signal that investors may be watching closely for indications of insider sentiment.

Key Points

  • Ming Yang Smart Energy Group Limited (GDR: MYSE), a PRC-incorporated joint stock company listed on the Shanghai Stock Exchange under code 601615.SH
  • Three PDMRs purchased ordinary A shares on the Shanghai Stock Exchange on 6, 9 and 10 November 2026 respectively
  • Prices ranged from CNY 8.30 to CNY 8.50 per share; aggregate transaction value across all three dealings totalled CNY 669,800
  • Investors may watch for further PDMR activity or any accompanying strategic update from the company

CTO Xinyu Zhang Acquires 30,000 A Shares at CNY 8.36 on 6 November 2026

The first transaction disclosed involved Mr. Xinyu Zhang, the company's Chief Technology Officer, who purchased 30,000 ordinary A shares on 6 November 2026 at a price of CNY 8.36 per share. The total consideration for Mr. Zhang's purchase amounted to CNY 250,800. The transaction was conducted on the Shanghai Stock Exchange and is recorded under share identification code 601615.SH. This represents an initial PDMR notification filed in accordance with Article 19 of the UK Market Abuse Regulation, which requires senior insiders to disclose dealings in their company's securities in a timely manner.

Director Lingna Yi and Board Secretary Chengkui Wang Complete Further Purchases on 9 and 10 November

Ms. Lingna Yi, serving as Director and Vice President, acquired 20,000 A shares on 9 November 2026 at CNY 8.50 per share, representing a total outlay of CNY 170,000. The following day, Mr. Chengkui Wang, Vice President and Board Secretary, purchased 30,000 A shares at CNY 8.30 each, for a total of CNY 249,000. Both transactions were executed on the Shanghai Stock Exchange. All three notifications were filed as initial disclosures, confirming no prior amendments existed for these particular dealings. The concentration of purchases across three consecutive trading days distinguishes this cluster of PDMR activity.

Disclosure Made Under UK Market Abuse Regulation Despite PRC Incorporation

Ming Yang Smart Energy Group is incorporated as a joint stock company under the laws of the People's Republic of China with limited liability, yet its Global Depositary Receipts trade under the symbol MYSE, bringing it within scope of the UK Market Abuse Regulation. The company's LEI is recorded as 300300W76R6UJHEZL847. The requirement to notify under Article 19 reflects the dual-market nature of the company's securities structure, with A shares listed in Shanghai and GDRs accessible to international investors. The announcement states these are purely transactional disclosures, with no accompanying strategic commentary or financial guidance provided by the company.