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Goldwind guarantees Australian subsidiary's performance obligations

October 20, 2025 at 05:15 PM UTCBy FilingReader AI

Goldwind will provide a performance guarantee for its wholly-owned subsidiary, Goldwind Australia Pty Ltd (Goldwind Australia). This guarantee is in connection with Goldwind Australia's obligations under a Quality Assurance, Operations, and Maintenance Agreement with Zenith Energy Operations Pty Ltd. The agreement covers the quality assurance, operations, and maintenance of wind turbines. The guarantee amount is A$13,345,995.62.

The guarantee period extends from the signing date of the Parent Company Guarantee Agreement, estimated to be October 20, 2025, until six months after the final defect liability period under the Quality Assurance, Operations, and Maintenance Agreement ends, projected to be September 20, 2043. Goldwind Australia's asset-liability ratio is over 70%.

Following this guarantee, Goldwind and its controlled subsidiaries' total external guarantees will amount to RMB 1.054 bn, or 2.74% of its most recently audited net assets. Guarantees to entities outside the consolidated statements total RMB 286m, or 0.74% of net assets. As of now, there are no overdue or litigation-related guarantees.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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