Ming Yang Smart Energy Group Limited (GDR: MYSE), a Chinese renewable energy company, has disclosed that two persons discharging managerial responsibilities (PDMRs) purchased ordinary A shares on 2 November 2026. Employee Representative Director Mr. Libing Zou acquired 40,000 shares at CNY7.46 each, while Director and Vice President Ms. Lingna Yi purchased 50,000 shares at CNY7.63 each. The transactions, both conducted on the Shanghai Stock Exchange, are disclosed in accordance with Article 19 of the UK Market Abuse Regulation, underscoring the company's dual regulatory obligations across Chinese and UK markets.

Key Points

  • Ming Yang Smart Energy Group Limited (GDR: MYSE), a joint stock company established under the laws of the People's Republic of China
  • Two PDMRs purchased ordinary A shares (601615.SH) on the Shanghai Stock Exchange on 2 November 2026
  • Mr. Libing Zou bought 40,000 shares at CNY7.46 (total CNY298,400); Ms. Lingna Yi bought 50,000 shares at CNY7.63 (total CNY381,500)
  • Investors may watch for further insider transaction disclosures and any subsequent regulatory filings from the company

Mr. Libing Zou Acquires 40,000 A Shares at CNY7.46 Per Share

Mr. Libing Zou, serving as Employee Representative Director at Ming Yang Smart Energy Group Limited, purchased 40,000 ordinary A shares in the company on 2 November 2026 at a price of CNY7.46 per share. The aggregate value of his transaction totalled CNY298,400. The shares are listed under identification code 601615.SH and the purchase was executed on the Shanghai Stock Exchange. This constitutes an initial notification under Article 19 of the UK Market Abuse Regulation, reflecting the company's obligations as a GDR issuer with securities accessible to UK-regulated markets.

Ms. Lingna Yi Purchases 50,000 A Shares at CNY7.63 as Director and Vice President

Ms. Lingna Yi, holding the dual role of Director and Vice President at Ming Yang Smart Energy, also transacted on 2 November 2026, acquiring 50,000 ordinary A shares at CNY7.63 per share. Her total transaction value amounted to CNY381,500, also executed on the Shanghai Stock Exchange under the same share identification code, 601615.SH. Like Mr. Zou's filing, this is recorded as an initial notification. Combined, the two PDMRs purchased 90,000 shares with a total aggregate value of CNY679,900, according to the announcement.

UK Market Abuse Regulation Obligations for a China-Listed Renewable Energy GDR Issuer

Ming Yang Smart Energy is a joint stock company established under the laws of the People's Republic of China with limited liability, and its Global Depositary Receipts trade under the symbol MYSE. The company operates in the smart energy sector, which encompasses wind power and broader renewable energy development in China. Its LEI is recorded as 300300W76R6UJHEZL847. As a GDR issuer, it is subject to UK regulatory disclosure requirements, meaning PDMR transactions must be reported publicly. Investors may monitor subsequent filings for further director activity or strategic corporate announcements from the company.