Goldwind yet to begin A-share buyback despite halfway mark

Goldwind Technology (SZSE:002202) has announced that over half of its authorized A-share buyback period has expired, with no shares purchased to date. The buyback plan, approved on May 20, 2025, aimed to repurchase A-shares using proprietary funds via the Shenzhen Stock Exchange. The company plans to cancel all repurchased shares to reduce its registered capital.

The buyback mandate allows for purchases of A-shares totaling between RMB300 million and RMB500 million over a period not exceeding 12 months from the date of shareholder approval. As of this announcement, the company cited "considering secondary market dynamics, the company's buyback plan, and related work arrangements" as reasons for the delay.

Following a dividend distribution announced on August 9, 2025, the maximum buyback price for A-shares was adjusted from RMB13.28 per share to RMB13.14 per share, effective August 15, 2025. Goldwind intends to proceed with the buyback within the remaining timeframe, subject to market conditions and its financial arrangements, and will comply with all disclosure requirements.