CHINA BULLETIN: China-U.S. Rapprochement Continues with Xi-Biden Call, Yellen Visit
In this week’s issue Xi and Biden talk, car loans get easier and a major EV listing restarts. On a scale of 1 to 100, we give the week a…
Goldwind’s profit tumbles as China sales start to deflate
The leading wind turbine maker’s profit fell 83% in the second half of last year, as revenue from its core China market started to contract Key Takeaways: Goldwind’s revenue growth…
Big depreciation nips Goldwind in disposal plan for self-developed wind farm
The wind power equipment giant said it will raise 881 million yuan by spinning off a wind farm it built in Jiangxi province, far less than the facility’s assessed value…
FAST NEWS: Goldwind drops ‘Xinjiang’ from company name
The Latest: Wind power equipment maker Xinjiang Goldwind Science & Technology Co. Ltd. (2208.HK; 002202.SZ) announced on Thursday that its shareholders approved a motion to drop “Xinjiang” from its company name. Going…
Breeze may be turning in Goldwind’s favor, but global investors remain cautious
The world’s biggest wind power equipment maker, once China's ‘green rush’ darling, is being abandoned by many of its big-name western investors Key Takeaways: Goldwind’s sales fell 13% in the…
Xinjiang Goldwind Sees Lull in Latest Quarter on Maturing Wind Power
China’s leading provider of wind power equipment reported revenue and profit declines in the second quarter Key Takeaways • Xinjiang Goldwind reported second quarter revenue of $1.48 billion, down 9%…
Goldwind Diversifies with $3 Billion Deep-Sea Wind Power Investment
Leading maker of wind power generation equipment announces major strategic framework agreement with coastal city of Wenzhou Key Takeaways: Xinjiang Goldwind has announced a new tie-up worth nearly $3 billion…
