The troubled Chinese wind turbine group has vowed to conductfrequent internal inspections and monitor inventory more effectively, whileproviding more intensive training for its mid-level managers.
In a series of Chinese-language statements to the Shanghai Stock Exchange, Sinovel also flaggedplans to introduce new methods for verifying key financial documents.
It has also chosen a new chief auditor.
The changes follow revelations that Sinovel’s 2011 earnings wereinflated by 22% due to accounting errors.
