Goldwind to divest Swancor New Material shares to enhance capital efficiency

Xinjiang Goldwind Science & Technology (Goldwind) announced on August 26, 2025, that its board approved the disposal of 2,400,821 shares in Swancor New Material Technology Company Limited (Swancor New Material). Goldwind's wholly-owned subsidiary, Goldwind Investment Holdings Co., Ltd., will conduct this divestment via block trades and centralized bidding over one year, starting from the board approval date. As of June 30, 2025, the book value of this portion of shares was RMB 11,905,535.66.

Goldwind Investment Holdings currently holds 20,168,087 shares in Swancor New Material, representing a 5.00% stake. Separately, on July 8, 2025, Goldwind Investment Holdings signed an agreement to transfer 17,767,266 shares, or 4.40% of Swancor New Material, to Shanghai Zhiyuan New Creation Technology Equipment Partnership (Limited Partnership). This transfer is pending regulatory approval and registration.

The proposed disposal aims to improve Goldwind's asset liquidity and utilization efficiency, while optimizing its asset structure. The company will determine the disposal price based on market conditions at the time of sale.