Goldwind updates on A and H share buyback plans

Xinjiang Goldwind Science & Technology (Goldwind) announced on October 10, 2025, the progress of its share repurchase plans. The A-share buyback, approved on April 25, 2025, and subsequently by shareholders on May 20, 2025, aims to repurchase A-shares via centralized bidding on the Shenzhen Stock Exchange. The buyback period will not exceed 12 months from the approval date, with a total fund amount between RMB300m (inclusive) and RMB500m (inclusive). Based on the upper limit of RMB500m and a maximum price of RMB13.28 per share, Goldwind expects to repurchase up to 37.6506m shares, representing 0.89% of its current total share capital. As of September 30, 2025, no A-shares have been repurchased.

For H-shares, Goldwind received approval on May 30, 2025, for a general mandate to repurchase H-shares using its own funds. This mandate, approved by the annual general meeting and class meetings on June 26, 2025, allows for the repurchase of up to 10% of the company's issued H-share capital. The repurchase price cannot exceed 105% of the average closing price of H-shares on the Hong Kong Stock Exchange for the five trading days preceding the repurchase date. As of September 30, 2025, Goldwind has not yet repurchased any H-shares. The authorization for H-share buybacks remains valid until the earlier of the 2025 annual general meeting or revocation by special resolution.