Goldwind announces H-share repurchase plan, board changes proposed

Xinjiang Goldwind Science & Technology (HKEX:2208) announced a plan to repurchase up to 10% of its issued H-shares (excluding treasury shares) with self-owned funds, subject to shareholder approval at the upcoming AGM and Class Meetings. The repurchase price will not exceed 105% of the average closing price of H Shares on the Stock Exchange for the five trading days before each repurchase. H-shares repurchased by the Company will be cancelled or held as treasury shares.