FilingReader Intelligence

Goldwind yet to begin A-share and H-share buybacks

November 4, 2025 at 09:22 AM UTCBy FilingReader AI

Xinjiang Goldwind Science & Technology Co., Ltd. (Goldwind) announced on November 4, 2025, the progress of its A-share and H-share repurchase plans. The company's A-share buyback, approved by shareholders on May 20, 2025, involves repurchasing A-shares via the Shenzhen Stock Exchange with a total capital of not less than RMB300 million and not exceeding RMB500 million. Based on the upper limit of RMB500 million and a maximum price of RMB13.28 per share, Goldwind estimated repurchasing up to 37.6506 million shares, representing 0.89% of its total share capital. As of October 31, 2025, the company had not yet repurchased any A-shares.

For H-shares, Goldwind's general mandate to repurchase H-shares was approved on June 26, 2025. This allows the company to buy back up to 10% of its total issued H-shares, excluding any treasury shares, within a 12-month period. The repurchase price cannot exceed 105% of the average closing price for the five trading days preceding the repurchase. As of October 31, 2025, no H-shares had been repurchased.

Goldwind will continue to implement its repurchase plans within the validity period and will adhere to information disclosure requirements, urging investors to be aware of investment risks. The repurchased shares are intended for cancellation, which would reduce the company's registered capital.

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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