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Goldwind Announces Capital Adjustment and Article Amendments

Story Highlights
  • Goldwind plans to adjust its registered capital due to changes in its share incentive scheme.
  • The company will amend its Articles of Association following a decrease in total share capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Goldwind Announces Capital Adjustment and Article Amendments

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Xinjiang Goldwind Science & Technology Co ( (HK:2208) ) has shared an announcement.

Goldwind Science & Technology Co., Ltd. has announced a change in its registered capital and proposed amendments to its Articles of Association. This decision follows the resignation of 15 participants and the failure of 2 participants in the performance appraisal under the company’s 2024 Restricted Share Incentive Scheme, leading to the repurchase and cancellation of 1,279,000 restricted shares. Consequently, the company’s total share capital will decrease, necessitating amendments to its Articles of Association. These changes are subject to shareholder approval, and the company plans to issue a circular for the upcoming general meeting.

The most recent analyst rating on (HK:2208) stock is a Hold with a HK$12.00 price target. To see the full list of analyst forecasts on Xinjiang Goldwind Science & Technology Co stock, see the HK:2208 Stock Forecast page.

More about Xinjiang Goldwind Science & Technology Co

Xinjiang Goldwind Science & Technology Co., Ltd. is a leading company in the renewable energy sector, primarily focusing on the development and manufacturing of wind turbines. The company is known for its innovative solutions in wind power technology and has a significant market presence both domestically in China and internationally.

Average Trading Volume: 24,000,375

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$65.85B

Learn more about 2208 stock on TipRanks’ Stock Analysis page.

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