China Ming Yang Wind Power Group Limited has announced that through its subsidiary, Ming Yang Wind Power (International) Co., Ltd., the company had sold all of its shares of Huadian Fuxin Energy Corporation Limited (Huadian Fuxin) for an aggregate consideration of approximately US$ 35.5 million as of April 12.
The shares were acquired for an aggregate consideration of approximately US$ 30.0 million in connection with Huadian Fuxin's initial public offering (IPO) in Hong Kong and listing on the Hong Kong Stock Exchange in June 2012.
