Goldwind Tech to cut capital with restricted share buyback

Xinjiang Goldwind Science & Technology (Goldwind Tech) announced plans to repurchase and cancel 1.279 million restricted shares from its 2024 incentive plan. This follows board and shareholder approvals in late 2025. The action stems from 15 incentive recipients leaving the company and two failing their 2024 performance assessments.

The repurchase and cancellation will reduce the company’s total share capital from 4,225,067,647 shares to 4,223,788,647 shares. Consequently, Goldwind Tech's registered capital will decrease from RMB 4,225,067,647 to RMB 4,223,788,647.

Creditors of Goldwind Tech have 45 days from December 19, 2025, to declare their claims if they wish to request debt settlement or guarantees, as per relevant laws and regulations. The company assures that non-exercise of this right will not affect the validity of existing creditor claims.