On September 18, 2025, Mingyang Electric clarified on an interactive platform that its main product lineup comprises intelligent transformers, box-type substations, and intelligent complete switchgear. These products are predominantly utilized in renewable energy sectors (encompassing wind power, photovoltaic energy, and energy storage) as well as smart grid applications. While the company's technology for integrated photovoltaic inverter and step-up devices has attained internationally advanced standards, it is important to note that Mingyang Electric currently does not engage in the photovoltaic inverter business.