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【Hong Kong Stock Connect】Goldwind Science& Technology (02208) sells wind farm operator for 99.3 million Australian Dollar.
Goldwind Science & Technology (02208) announced the sale of its wholly-owned subsidiary Muniushan Holdings to Atmos for 99.3 million Australian Dollars. Muniushan Holdings is engaged in wind farm operations, among other activities. According to the announcement, the sale includes the repayment of shareholder loans of 39.468 million Australian Dollars, 100% equity of Muniushan Holdings, and adjustments to the Operational and Maintenance Agreement signed between Goldwind International's wholly-owned subsidiary Goldwind Tasmania and the project company in which Muniushan Holdings holds a 20% stake, concerning the terms of guaranteed power generation, and will continue to provide operational and maintenance services for the project.
Goldwind Science& Technology (02208.HK) sold a 20% stake in the Mu Niu Shan project for 99.3 million Australian Dollar.
Goldwind Science& Technology (02208.HK) announced the transfer of 100% equity of Muniushan Holdings to Atmos Cwt Pty Ltd, which holds 20% equity of the Muniushan project, for a cash consideration of 99.3 million Australian Dollar. The proceeds will be used to repay loans and replenish working capital.
Goldwind Science& Technology (002202.SZ): Goldwind Muniushan Hong Kong Company intends to transfer 100% equity of Muniushan Holdings Company to Australia's Atmos Company.
On December 19, Gelonghui reported that Goldwind Science & Technology (002202.SZ) announced that on December 17, 2024, the second meeting of the eighth Board of Directors reviewed and approved the proposal regarding Goldwind's subsidiary in Hong Kong transferring 100% equity of Wild Cattle Hill Holding Company to Atmos Company in Australia. It was agreed that Goldwind International Holdings (Hong Kong) Limited, a wholly-owned subsidiary of Goldwind Science & Technology, would collaborate with Atmos Cwt Pty Ltd.
Hong Kong stock movement | Goldwind Science & Technology (02208) rises over 3% with sufficient Orders supporting market share increase. The trend of wind turbine gross margin recovery is expected to accelerate.
Goldwind Science& Technology (02208) rose over 3%, as of the time of writing, it increased by 2.98%, reported at 7.25 Hong Kong dollars, with a transaction amount of 7.3177 million Hong Kong dollars.
Goldwind Science& Technology (002202.SZ) granted 39.4 million restricted stocks to 460 first-time incentive recipients.
Goldwind Science& Technology (002202.SZ) released an announcement regarding the restrictions set forth by the restricted stock incentive plan for 2024...
Research Reports Goldmine | The Pacific Securities: Goldwind Science& Technology's performance is expected to achieve rapid growth, initiating a "Buy" rating.
Pacific Securities Research Reports indicate that with the recovery of profitability in the turbine Business, combined with the contributions from wind farm investment and development, as well as wind power service Business, Goldwind Science& Technology (002202.SZ) is expected to achieve rapid growth in performance. The initial coverage gives a 'Buy' rating. Goldwind Science& Technology has maintained the top market share in the domestic wind power market for 13 consecutive years since 2011; however, in recent years, its market share has declined under the strong competitive pressure from emerging second-tier turbine companies. As market concentration increases in the future, Goldwind Science& Technology, as a leader, is expected to increase its share. By the end of the third quarter of 2024, the company has external Orders of 41.38GW and is well-prepared.