Goldwind unlocks first batch of restricted stock for incentive plan

Xinjiang Goldwind Science & Technology has approved the first unblocking period of its 2024 restricted stock incentive plan, affecting 443 eligible incentive recipients. A total of 11,409,000 restricted shares, representing 0.27% of the company's current total share capital, are now eligible for release. The first restricted period began on December 27, 2024, and concluded on December 26, 2025.

The unlocking is contingent on the company meeting specific performance targets. For 2024, the company's net profit increased by 39.78% to 1,860,446,163.08 yuan, and its operating revenue grew by 12.37% to 56,699,162,790.54 yuan, both exceeding 2023 base figures. These achievements fulfill the performance assessment requirements for the first unblocking period.

Initially, 480 incentive recipients were granted 40,150,000 restricted shares at 4.09 yuan per share. Following adjustments due to renunciations, ineligible participants, and the 2024 annual equity distribution, the number of recipients was reduced to 460, the granted shares adjusted to 39,400,000, and the grant price changed to 3.95 yuan per share. Additionally, 15 recipients departed, and 2 did not meet performance targets, leading to the buyback and cancellation of 1,279,000 shares.