Net profitsfell to 24.7m yuan ($3.89m) in the first six months of 2012, while operatingincome dropped 42% year-on-year to 3.1bn yuan, the company told investors onthe Shanghai Stock Exchange.
Sinovelsaid changes to grid-connection and project-approval policies had reduced thescale of wind farms and the pace at which they are being built in China,exacerbating the competition for sales and market share.
It
