Goldwind yet to begin A and H share buyback programs

Xinjiang Goldwind Science & Technology (Goldwind) reported on September 2, 2025, that it has not yet repurchased any A or H shares as of August 31, 2025, despite previously approved plans.

The company's A share repurchase plan, approved on April 25, 2025, and subsequently by shareholders on May 20, 2025, involves buying back A shares through the Shenzhen Stock Exchange. This plan has a 12-month implementation period from the approval date, with an intended total repurchase amount of not less than RMB300 million and not exceeding RMB500 million. Based on a maximum repurchase price of RMB13.28 per share, Goldwind anticipates repurchasing between 22.5904 million and 37.6506 million A shares, representing 0.53% to 0.89% of its current total share capital.

Similarly, Goldwind's general mandate to repurchase H shares was approved on May 30, 2025, and by shareholders on June 26, 2025. This authorization allows the company to repurchase up to 10% of its issued H shares (excluding treasury shares), with the repurchase price not exceeding 105% of the average closing price for the five trading days preceding the repurchase. These repurchased H shares are intended for cancellation or retention as treasury shares.

Goldwind confirmed that further details of both repurchase plans are available on the Shenzhen Stock Exchange and Hong Kong Stock Exchange websites. The company will continue to monitor market conditions and implement the repurchase plans within the specified timeframe, adhering to all disclosure requirements.