The turbine manufacturer’s Houston, Texas-based subsidiary waslast week indicted by a grand jury along with two senior executives on chargesof conspiracy to steal trade secrets.

Those charges relate to claims by power technology group AMSC,which alleges Sinovel illegally used its software code in some of its turbines.

Today Sinovel told the Shanghai stock exchange that following ameeting of its board, it would cancel international subsidiaries in the US, Canada,Belgium and Italy.

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