Goldwind continues asset optimization with Swancor New Material stake sale

Goldwind Investment Holdings, a wholly-owned subsidiary of Xinjiang Goldwind Science & Technology, has agreed to transfer 17,767,266 shares of Swancor New Material Technology Company Limited to Shanghai Zhiyuan Xinchuang Technology Equipment Partnership. This represents 4.40% of Swancor New Material's total share capital and is subject to Shanghai Stock Exchange approval and transfer registration.

This disposal aligns with Goldwind's strategy to optimize its asset structure and improve liquidity. Goldwind Investment Holdings has already cumulatively reduced its holding in Swancor New Material by 8,067,234 shares over the past 12 months. Following this, Goldwind Investment Holdings still retains 17,767,266 shares, or 4.40%, of Swancor New Material's total share capital.

The company anticipates an estimated investment gain of approximately 26,669 million yuan (pre-tax) for 2025 from the disposal of 8,057,301 shares, which is expected to positively impact its 2025 performance. For 2024, the disposal of 9,933 shares has already yielded an investment gain of approximately 3 million yuan (pre-tax). The total pre-tax investment income of 26,672 million yuan represents about 14% of Goldwind's audited net profit for 2024.