Goldwind adjusts capital structure after share buyback

Xinjiang Goldwind Science & Technology announced amendments to its Articles of Association, reflecting a change in its registered capital following the repurchase and cancellation of restricted shares. The company’s total share capital will decrease from RMB 4,225,067,647 to RMB 4,223,788,647. This change stems from the repurchase and cancellation of 1,279,000 restricted shares under its 2024 Restricted Stock Incentive Plan due to employee departures and performance shortfalls.

The repurchased shares, totaling RMB 5,054,310.10, were funded by Goldwind's own capital. The adjustment impacts the share structure, with limited sales shares decreasing from 99,021,242 to 97,742,242, while unlimited sales shares remain unchanged. The company confirms that this change will not affect its control structure or its listing eligibility.

The proposed amendments to the Articles of Association are pending approval at the company's General Meeting and Class Shareholder Meetings. The company will also seek authorization for its management to complete the necessary industrial and commercial registration procedures.