MYSE(601615)2024-11-15 07:35Group 1: Project Updates - The Mingyang BASF Zhanjiang offshore wind power demonstration project received approval on May 24, 2024, marking it as the first Sino-German cooperative offshore wind project approved in China [3] - The project has a total installed capacity of 1,500 MW, divided into two phases, located in the eastern sea area of Hainan Province [5] Group 2: Financial and Operational Insights - The REITs launched on July 23, 2024, successfully listed on the Shanghai Stock Exchange, with underlying assets including the Huanghua Old Town Wind Farm (100 MW) and the Keshiketengqi Hongtu Jingzi Wind Farm (50 MW) [4] - Sales expenses increased significantly due to the rise in wind turbine capacity under warranty and enhanced market expansion efforts, leading to higher marketing-related costs [6]