View ValuationGoldwind Science&Technology 将来の成長Future 基準チェック /26Goldwind Science&Technology利益と収益がそれぞれ年間25.3%と11.8%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に10.9% 24.2%なると予測されています。主要情報25.3%収益成長率24.23%EPS成長率Electrical 収益成長26.6%収益成長率11.8%将来の株主資本利益率10.87%アナリストカバレッジGood最終更新日18 May 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesBoard Change • May 20Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Dengqing Liu was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Apr 30Goldwind Science&Technology Co., Ltd. (SZSE:002202) announces an Equity Buyback for CNY 500 million worth of its shares.Goldwind Science And Technology Co., Ltd. (SZSE:002202) announces a share repurchase program. Under the program, the company will repurchase up to CNY 500 million worth of its shares. The shares will be purchased at a price not exceeding CNY 13.28 per share. The purpose of the program is to reduce the registered share capital of the company. The repurchased shares will be cancelled and the registered capital of the company will be reduced. The program will be funded from company's own funds. The repurchase program is subject to shareholder's approval. The program will be valid for 12 months from approval of shareholder's meeting.お知らせ • Apr 22Goldwind Science&Technology Co., Ltd., Annual General Meeting, Jun 16, 2026Goldwind Science&Technology Co., Ltd., Annual General Meeting, Jun 16, 2026, at 14:30 China Standard Time. Location: companys conference room, no. 8 boxing yi road, economic & technological development district, beijing Chinaお知らせ • Mar 31Goldwind Science&Technology Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Goldwind Science&Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026お知らせ • Mar 28Goldwind Science&Technology Co., Ltd. Proposes Final Dividend for the Year Ended 31 December 2025Goldwind Science&Technology Co., Ltd. proposed Final Dividend of RMB 0.2 per share for the year ended 31 December 2025.お知らせ • Dec 31Goldwind Science&Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 28, 2026Goldwind Science&Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 28, 2026お知らせ • Sep 30Goldwind Science&Technology Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025Goldwind Science&Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025お知らせ • Jul 10Goldwind Science&Technology Co., Ltd. Announces Board Changes and Composition of the Board CommitteesThe board of directors of Goldwind Science&Technology Co., Ltd. announced that the first meeting of the ninth session of the Board was held on 8 July 2025 and has considered and passed the following resolutions: During the first meeting of the ninth session of the Board, Mr. Wu Gang was elected as the chairman of the Board, Mr. Cao Zhigang was elected as the vice chairman of the Board. The term of office of Mr. Wu Gang and Mr. Cao Zhigang shall expire upon the expiry of the term of the ninth session of the Board. The Board further elected members for the Board committees and elected a chairman for each committee. Their term of office shall expire upon the expiry of the term of the ninth session of the Board. The composition of the Board committees is as follows: Committee Chairman: Mr. Wu Gang: Strategic Committee. Mr. Liu Dengqing: Remuneration and Assessment Committee. Mr. Tsang Hin Fun Anthony: Audit Committee. Mr. Miao Zhaoguang: Nomination Committee. Committee Members: Mr. Cao Zhigang; Mr. Gao Jianjun; Mr. Zhang Xudong; Mr. Miao Zhaoguang: Strategic Committee. Mr. Tsang Hin Fun Anthony and Mr. Miao Zhaoguang: Remuneration and Assessment Committee; Mr. Liu Dengqing and Ms. Yang Liying: Audit Committee. Mr. Tsang Hin Fun Anthony and Ms. Yang Liying: Nomination Committee.お知らせ • Jul 02Goldwind Science&Technology Co., Ltd. to Report First Half, 2025 Results on Aug 23, 2025Goldwind Science&Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 23, 2025お知らせ • Jun 29Goldwind Science &Technology Co., Ltd. Approves Final Dividend for Financial Year Ended 31 December 2024, Payable on 15 August 2025Goldwind Science&Technology Co., Ltd. approved final dividend of RMB 0.14 per share for the financial year ended 31 December 2024. Ex-dividend date is 30 June 2025. Record date is 09 July 2025. Payment date is 15 August 2025.お知らせ • Jun 26Goldwind Science&Technology Co., Ltd. Announces Executive and Committee ChangesGoldwind Science&Technology Co., Ltd. announced that the appointment of t Mr. Liu Dengqing and Mr. Miao Zhaoguang as independent non-executive Directors for the ninth session of the Board have been approved. Mr. Chang Qing, Mr. Luo Jun, Mr. Wang Yan, Mr. Lu Min and Ms. Ji Tian shall retire as the Supervisors of the Company after the conclusion of the AGM.お知らせ • Jun 20Goldwind Science&Technology Co., Ltd. Elects Yu Ning as the Employee Representative Director of the Ninth Session of the BoardGoldwind Science&Technology Co., Ltd. announced that, at the employee representative assembly of the Company convened on 20 June 2025, Ms. Yu Ning was elected as the employee representative Director of the ninth session of the Board. Upon the approval of the Resolution on the Amendments to the Articles of Association at the AGM, Ms. Yu, together and the non-employee representative Directors newly elected at the AGM will constitute the ninth session of the Board. Ms. Yu Ning, aged 50, holds a master's degree in civil and commercial law from Renmin University of China and is currently the head of the legal department of the Company. Ms. Yu joined the Company in 2012 and has served as the legal director and compliance director of the Office of Secretary of the Board, deputy director of the audit and legal department of the Company, deputy director and director of the legal department of the Company, and director of the legal and compliance department of the Company. She has served as the head of the legal department of the Company since March 2024.お知らせ • Jun 04Goldwind Science&Technology Co., Ltd., Annual General Meeting, Jun 26, 2025Goldwind Science&Technology Co., Ltd., Annual General Meeting, Jun 26, 2025, at 14:30 China Standard Time. Location: company`s conference room, no. 8 boxing yi road, economic & technological development district, beijing Chinaお知らせ • Apr 29Goldwind Science&Technology Co., Ltd., Annual General Meeting, May 20, 2025Goldwind Science&Technology Co., Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Location: companys conference room, no. 8, boxing yi road, economic & technological development district, beijing Chinaお知らせ • Apr 26Goldwind Science&Technology Co., Ltd. (SZSE:002202) announces an Equity Buyback for CNY 500 million worth of its shares.Goldwind Science And Technology Co., Ltd. (SZSE:002202) announces a share repurchase program. Under the program, the company will repurchase up to CNY 500 million worth of its shares. The shares will be purchased at a price not exceeding CNY 13.28 per share. The purpose of the program is to reduce the registered share capital of the company. The repurchased shares will be cancelled. The program will be funded from company's own funds. The repurchase program is subject to shareholder's approval. The program will be valid for 12 months from approval of shareholder's meeting.お知らせ • Apr 01Goldwind Science&Technology Co., Ltd. Proposes Final Dividend for 2024Goldwind Science&Technology Co., Ltd. proposed final cash dividend of CNY 1.40000000 per 10 shares (tax included) for 2024.お知らせ • Mar 31Goldwind Science&Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Goldwind Science&Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025お知らせ • Dec 31Goldwind Science&Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025Goldwind Science&Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.095 (vs CN¥0.012 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.095 (up from CN¥0.012 in 3Q 2023). Revenue: CN¥15.6b (up 52% from 3Q 2023). Net income: CN¥445.8m (up CN¥383.4m from 3Q 2023). Profit margin: 2.9% (up from 0.6% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Oct 23Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥11.12, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 19x in the Electrical industry in China. Total loss to shareholders of 37% over the past three years.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥10.02, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Electrical industry in China. Total loss to shareholders of 40% over the past three years.お知らせ • Sep 30Goldwind Science And Technology Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024Goldwind Science And Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024お知らせ • Aug 26Goldwind Science And Technology Co., Ltd. (SZSE:002202) announces an Equity Buyback for 42,250,000 shares, representing 1% for CNY 500 million.Goldwind Science And Technology Co., Ltd. (SZSE:002202) announces a share repurchase program. Under the program, the company will repurchase up to 42,250,000 shares, representing 1% of it's issued share capital for CNY 500 million worth of its shares. The shares will be purchased at a price not exceeding CNY 11.40 per share. The purpose of the program is to improve the company's long-term incentive mechanism, fully mobilize the enthusiasm of the employees, and jointly promote the company's long-term development. The repurchased shares will be used for employee stock ownership plans or equity incentive plans, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded from company's own funds. The repurchase program is subject to shareholder's approval. The program will be valid for 12 months from approval of shareholder's meeting.Reported Earnings • Aug 24Second quarter 2024 earnings released: EPS: CN¥0.26 (vs CN¥0.009 loss in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.26 (up from CN¥0.009 loss in 2Q 2023). Revenue: CN¥13.2b (down 2.0% from 2Q 2023). Net income: CN¥1.05b (up CN¥1.09b from 2Q 2023). Profit margin: 8.0% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.お知らせ • Aug 23Goldwind Science and Technology Co., Ltd. Approves the Election of Chang Qing as the Chairman of the Supervisory CommitteeGoldwind Science And Technology Co., Ltd. announced that the 11th meeting of the eighth session of the supervisory committee was held on 23 August 2024 and has considered and approved the election of Mr. Chang Qing as the chairman of the Supervisory Committee. His term of office shall expire upon the expiry of the term of the eighth session of the Supervisory Committee.Declared Dividend • Aug 14Dividend reduced to CN¥0.10Dividend of CN¥0.10 is 17% lower than last year. Ex-date: 16th August 2024 Payment date: 16th August 2024 Dividend yield will be 1.3%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is not covered by earnings (136% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.0% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 52% to bring the payout ratio under control. EPS is expected to grow by 228% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.Buy Or Sell Opportunity • Jul 23Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at CN¥7.26. The fair value is estimated to be CN¥6.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.9% over the last 3 years. Earnings per share has declined by 44%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 832% in the next 2 years.お知らせ • Jun 29Goldwind Science And Technology Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024Goldwind Science And Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024お知らせ • May 12Goldwind Science And Technology Co., Ltd., Annual General Meeting, Jun 25, 2024Goldwind Science And Technology Co., Ltd., Annual General Meeting, Jun 25, 2024, at 14:30 China Standard Time. Location: conference room, no.8 boxing yi road, economic & technological development district, beijing ChinaReported Earnings • Apr 27First quarter 2024 earnings released: EPS: CN¥0.073 (vs CN¥0.29 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.073 (down from CN¥0.29 in 1Q 2023). Revenue: CN¥6.98b (up 25% from 1Q 2023). Net income: CN¥332.6m (down 73% from 1Q 2023). Profit margin: 4.8% (down from 22% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.お知らせ • Apr 27Goldwind Science and Technology Co., Ltd. Appoints Zhang Xudong, as Member of the Strategic CommitteeThe board of directors of GOLDWIND SCIENCE&TECHNOLOGY CO., LTD. announced that Mr. Zhang Xudong, a non-executive director of the Company, is elected as a member of the strategic committee of the Company. The term of office shall expire upon the expiry of the term of the eighth session of the Board.お知らせ • Mar 30Goldwind Science And Technology Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024Goldwind Science And Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024Reported Earnings • Mar 29Full year 2023 earnings released: EPS: CN¥0.29 (vs CN¥0.52 in FY 2022)Full year 2023 results: EPS: CN¥0.29 (down from CN¥0.52 in FY 2022). Revenue: CN¥50.2b (up 8.2% from FY 2022). Net income: CN¥1.33b (down 40% from FY 2022). Profit margin: 2.6% (down from 4.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.お知らせ • Mar 29Goldwind Science And Technology Co., Ltd. Proposes Final Ordinary Cash Dividend for the Year Ended 31 December 2023, Payable on 30 August 2024Goldwind Science And Technology Co., Ltd. proposed final ordinary cash dividend of RMB 0.1 per share for the year ended 31 December 2023, payable on 30 August 2024.お知らせ • Feb 27Goldwind Science and Technology Co., Ltd. Approves to Elect Mr. Zhang Xudong as Non-Executive DirectorGoldwind Science And Technology Co., Ltd. to elect Mr. Zhang Xudong ("Mr. Zhang") as the Company's non-executive director has been approved. Mr. Zhang will assume the position on the day after the EGM held on 27 February 2024. His tenure will be until the end of the term of the eighth session of the Board.お知らせ • Dec 29Goldwind Science And Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024Goldwind Science And Technology Co., Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024お知らせ • Dec 12Goldwind Science and Technology Co., Ltd. Announces Resignation Wang Yili as Non-Executive Director and A Member of the Strategic CommitteeGoldwind Science And Technology Co., Ltd. announces that on 12 December 2023, the Company received a resignation letter from Mr. Wang Yili resigning as a non-executive director and a member of the strategic committee of the Company due to other career developments.お知らせ • Oct 27Goldwind Science and Technology Co., Ltd. Appoints Liu Rixin as Member of the Strategic CommitteeGoldwind Science And Technology Co., Ltd. announced that Mr. Liu Rixin, an executive director of the Company, is appointed as a member of the strategic committee of the Company. The term of office shall expire upon the expiry of the term of the eighth session of the Board.Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.012 (vs CN¥0.10 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.012 (down from CN¥0.10 in 3Q 2022). Revenue: CN¥10.3b (up 6.9% from 3Q 2022). Net income: CN¥62.4m (down 88% from 3Q 2022). Profit margin: 0.6% (down from 5.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.お知らせ • Sep 30Goldwind Science And Technology Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023Goldwind Science And Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023Reported Earnings • Aug 22Second quarter 2023 earnings released: EPS: CN¥0.004 (vs CN¥0.15 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.004 (down from CN¥0.15 in 2Q 2022). Revenue: CN¥13.4b (up 31% from 2Q 2022). Net income: CN¥16.6m (down 98% from 2Q 2022). Profit margin: 0.1% (down from 6.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 4% per year.お知らせ • Aug 15Goldwind Science And Technology Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 18 August 2023Goldwind Science And Technology Co., Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 1.20000000 for the year 2022, payable on 18 August 2023. Record date is 17 August 2023. Ex-date is 18 August 2023.お知らせ • Jul 21Goldwind Science And Technology Co., Ltd. Elects Liu Rixin as an Executive DirectorGoldwind Science And Technology Co., Ltd. announced that at its extraordinary general meeting held on 18 July 2023, approved the election of Mr. Liu Rixin as an executive director of the company. Mr. Liu will assume the position on the day after the EGM held on 18 July 2023. His tenure will be until the end of the term of the eighth session of the Board.お知らせ • Jul 01+ 1 more updateXinjiang Goldwind Science & Technology Co., Ltd. Announces Appointment of Yang Liying as Member of the Audit CommitteeXinjiang Goldwind Science & Technology Co., Ltd. announced that Ms. Yang Liying has been appointed as a member of the audit committee of the Board, with effect from the date of this announcement. Her tenure will be until the end of the term of the eighth session of the Board.お知らせ • Jun 21Xinjiang Goldwind Science & Technology Co., Ltd. Approves Appointment of Yang Liying as Non-Executive DirectorXinjiang Goldwind Science & Technology Co., Ltd. at its AGM held on June 20, 2023 approved the appointment of Ms. Yang Liying as a non-executive Director of the Company.お知らせ • May 06Xinjiang Goldwind Science & Technology Co., Ltd. Proposes Final Dividend for the Year Ended 31 December 2022, Payable on 30 August 2023Xinjiang Goldwind Science & Technology Co., Ltd. proposed final dividend of RMB 0.12 per share for the year ended 31 December 2022. Ex-dividend date is 26 June 2023, Record date is 27 June 2023 and Payment date is 30 August 2023. Date of shareholders' approval is 20 June 2023.お知らせ • May 05Xinjiang Goldwind Science & Technology Co., Ltd., Annual General Meeting, Jun 20, 2023Xinjiang Goldwind Science & Technology Co., Ltd., Annual General Meeting, Jun 20, 2023, at 14:30 China Standard Time. Location: Conference Room of No.8 Boxing Yi Road, Economic & Technological Development District, Beijing, PRC Beijing China Agenda: To consider and approve the issue of bonds and asset-backed securities inside or outside the PRC. Please refer to Appendix I for details; to consider and approve the proposed Change of Company Name. Please refer to the circular of the Company dated 4 May 2023 for details; to consider and approve the proposed Amendments to the Articles. Please refer to the circular of the Company dated 4 May 2023 for details; to consider and approve the report of the board of directors (the "Directors") of the Company for the year of 2022; to consider and approve the report of the supervisory committee of the Company for the year of 2022.Reported Earnings • Apr 28First quarter 2023 earnings released: EPS: CN¥0.29 (vs CN¥0.28 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.29. Revenue: CN¥5.56b (down 13% from 1Q 2022). Net income: CN¥1.23b (down 2.4% from 1Q 2022). Profit margin: 22% (up from 20% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in China.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Xianfen Zeng was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 27Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: CN¥9.65b (down 38% from 3Q 2021). Net income: CN¥525.6m (down 59% from 3Q 2021). Profit margin: 5.4% (down from 8.1% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 25Second quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.19 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.15 (down from CN¥0.19 in 2Q 2021). Revenue: CN¥10.1b (down 8.6% from 2Q 2021). Net income: CN¥654.5m (down 15% from 2Q 2021). Profit margin: 6.5% (down from 7.0% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 4.8%, compared to a 55% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-executive Director Wei Wei was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 29Full year 2021 earnings released: EPS: CN¥0.79 (vs CN¥0.67 in FY 2020)Full year 2021 results: EPS: CN¥0.79 (up from CN¥0.67 in FY 2020). Revenue: CN¥50.4b (down 10% from FY 2020). Net income: CN¥3.33b (up 17% from FY 2020). Profit margin: 6.6% (up from 5.1% in FY 2020). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 2.4%, compared to a 65% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.18 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥15.6b (down 11% from 3Q 2020). Net income: CN¥1.27b (up 50% from 3Q 2020). Profit margin: 8.1% (up from 4.8% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Sep 04Investor sentiment improved over the past weekAfter last week's 23% share price gain to CN¥17.15, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 30x in the Electrical industry in China. Total returns to shareholders of 67% over the past three years.Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.10 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥11.1b (down 21% from 2Q 2020). Net income: CN¥876.5m (up 131% from 2Q 2020). Profit margin: 7.9% (up from 2.7% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • Apr 28First quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.18 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥6.82b (up 25% from 1Q 2020). Net income: CN¥972.1m (up 8.6% from 1Q 2020). Profit margin: 14% (down from 16% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 11% per year.Executive Departure • Apr 14Non-Executive Director has left the companyOn the 12th of April, Zhenyu Dong's tenure in the role of Non-Executive Director ended. We don't have any record of a personal shareholding under Zhenyu's name. A total of 3 executives have left over the last 12 months.Reported Earnings • Mar 28Full year 2020 earnings released: EPS CN¥0.67 (vs CN¥0.51 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥56.3b (up 47% from FY 2019). Net income: CN¥2.96b (up 41% from FY 2019). Profit margin: 5.3% (down from 5.5% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Executive Departure • Mar 10Chief Financial Officer has left the companyOn the 9th of March, Chunzhi Liu's tenure as Chief Financial Officer ended after 2.5 years in the role. We don't have any record of a personal shareholding under Chunzhi's name. A total of 2 executives have left over the last 12 months.Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥13.18, the stock is trading at a trailing P/E ratio of 21.4x, down from the previous P/E ratio of 26.2x. This compares to an average P/E of 33x in the Electrical industry in China. Total return to shareholders over the past three years is a loss of 15%.お知らせ • Feb 24Xinjiang Goldwind Science & Technology Co., Ltd. to Report Fiscal Year 2020 Results on Mar 27, 2021Xinjiang Goldwind Science & Technology Co., Ltd. announced that they will report fiscal year 2020 results on Mar 27, 2021Is New 90 Day High Low • Jan 22New 90-day high: CN¥16.82The company is up 50% from its price of CN¥11.18 on 23 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.09 per share.Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥16.39, the stock is trading at a trailing P/E ratio of 26.6x, up from the previous P/E ratio of 23.1x. This compares to an average P/E of 36x in the Electrical industry in China. Total returns to shareholders over the past three years are 3.8%.Is New 90 Day High Low • Jan 04New 90-day high: CN¥15.30The company is up 50% from its price of CN¥10.23 on 30 September 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.15 per share.お知らせ • Dec 23Xinjiang Goldwind Science & Technology Co., Ltd. Appoints Dong Zhenyu as Non-Executive DirectorXinjiang Goldwind Science & Technology Co., Ltd. board of directors announced that Ms. Dong Zhenyu, a non-executive director of the Company, is appointed as a member of the strategic committee of the Company. The term of office shall expire upon the expiry of the term of the seventh session of the Board.Is New 90 Day High Low • Dec 18New 90-day high: CN¥13.10The company is up 27% from its price of CN¥10.34 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.05 per share.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥2.64b, up 16% from the prior year. Total revenue was CN¥50.5b over the last 12 months, up 42% from the prior year.Analyst Estimate Surprise Post Earnings • Oct 29Third-quarter earnings released: Revenue beats expectationsThird-quarter revenue exceeded analyst estimates by 59% at CN¥17.6b. Revenue is forecast to stay flat over the next year, compared to a 46% growth forecast for the Electrical industry in China.お知らせ • Oct 16Xinjiang Goldwind Science & Technology Co., Ltd. to Report Q3, 2020 Results on Oct 28, 2020Xinjiang Goldwind Science & Technology Co., Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020Valuation Update With 7 Day Price Move • Oct 14Market bids up stock over the past weekAfter last week's 17% share price gain to CN¥12.00, the stock is trading at a trailing P/E ratio of 23.5x, up from the previous P/E ratio of 20x. This compares to an average P/E of 42x in the Electrical industry in China. Total returns to shareholders over the past three years were flat.お知らせ • Sep 26+ 1 more updateXinjiang Goldwind Science & Technology Co., Ltd. announced that it expects to receive $50 million in funding from International Finance CorporationXinjiang Goldwind Science & Technology Co., Ltd. announced that it will raise $50 million of funding from new investor, International Finance Corporation on August 9, 2010.お知らせ • Aug 13+ 1 more updateTianjin Quanyechang (Group) Co.,Ltd. (SHSE:600821) completed the acquisition of CDB New Energy Technology Co., Ltd. from a group of sellers.Tianjin Quanyechang (Group) Co.,Ltd. (SHSE:600821) agreed to acquire CDB New Energy Technology Co., Ltd. from a group of sellers for CNY 2.8 billion on August 30, 2019. As per terms, Tianjin Quanyechang (Group) Co.,Ltd. will issue 680.35 million shares at CNY 3.57 per share. For the year ended December 31, 2018, CDB New Energy Technology Co., Ltd. reported total assets of CNY 6.1 billion, net assets of CNY 1.6 billion, total revenue of CNY 611.2 million, operating profit of CNY 129.3 million and net income of CNY 153.1 million. The Board of Directors of Xinjiang Goldwind Science & Technology Co.,Ltd has approved the transaction. Approval from the Board of Directors and shareholders of Tianjin Quanyechang (Group) Co.,Ltd., Tianjin SASAC, CSRC anf regulatory is still pending. Approval from the Tianjin State-owned Assets Supervision and Administration Commission is also pending. The transaction is approved by Tianjin Jincheng State-owned Capital Investment and Operations Co., Ltd. and sellers approving bodies on August 31, 2019. As on May 13, 2020, employee congress approved the resettlement plan, Board of Directors of Tianjin Cheng approved the transaction, asset placement and outgoing appraisal report involved in this transaction has been filed with the Tianjin State Council, Tianjin SASAC has approved the transaction, transaction plan has been reviewed and approved by the shareholders of Tianjin Quanyechang. The transaction is still pending for approval from China Securities Regulatory Commission and Other necessary prior approval, approval or consent required by laws and regulations and regulatory authorities. As on May 21, 2020, the transaction was approved by China Securities Regulatory Commission. As of August 11, 2020, CDB New Energy completed the industrial and commercial registration procedures for shareholder change and obtained the new "Business License" issued by the Beijing Economic and Technological Development Zone Market Supervision Administration. Wang Changqing, Cao Zhenyu, Meng Jing, Liu Xianfeng, Cao Rui, Li Ran, Li Shucun, Wang Baosheng and Liu Jie of China Securities Co., Ltd. acted as financial advisor for Tianjin Quanyechang (Group) Co.,Ltd. Liu Ji, Zhang Ran and Yao Jia of Grandall Lawyer (Beijing) Office acted as legal advisor for Tianjin Quanyechang (Group) Co.,Ltd. Hu Yonghua, He Zheng, Shen Wensheng, Zhang Xihai and Wang Qingbin of Wuyige Certified Public Accountants LLP acted as accountant for Tianjin Quanyechang (Group) Co.,Ltd. China United Assets Appraisal Group Co., Ltd. acted as asset evaluation agency in the transaction. Tianjin Quanyechang (Group) Co.,Ltd. (SHSE:600821) completed the acquisition of CDB New Energy Technology Co., Ltd. from a group of sellers on August 13, 2020.業績と収益の成長予測XSEC:002202 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2028111,4096,342N/A13,704812/31/2027102,9435,37920,4749,9421512/31/202696,6934,5541,2284,811123/31/202679,0363,003-4,3753,633N/A12/31/202573,0232,664-3,9353,543N/A9/30/202569,0072,566298,190N/A6/30/202565,0341,858-3227,517N/A3/31/202559,1922,009-9176,734N/A12/31/202456,6991,774-5,3552,316N/A9/30/202456,9771,748-6,27169N/A6/30/202451,6591,364-4,5681,775N/A3/31/202451,872314-2,8953,337N/A12/31/202350,4571,217-4,9221,854N/A9/30/202349,5931,094-1,8086,179N/A6/30/202348,7741,558-6,4141,637N/A3/31/202345,6182,168-6,1022,092N/A12/31/202246,4372,198-3,1445,881N/A9/30/202243,2422,729-8,8992,178N/A6/30/202249,5253,574-5,8775,229N/A3/31/202250,3263,774-6,5084,902N/A12/31/202150,9013,607-5,7214,968N/A9/30/202153,0564,018-8,143828N/A6/30/202154,8793,491-9,150-380N/A3/31/202157,7563,047-6,7381,468N/A12/31/202056,2652,844-2,2835,377N/A9/30/202050,5412,5873067,833N/A6/30/202041,9372,1491,97410,770N/A3/31/202038,3162,775-2,2638,260N/A12/31/201938,2452,109N/A5,929N/A9/30/201935,6502,317N/A4,593N/A6/30/201933,4342,800N/A2,634N/A3/31/201930,2673,134N/A2,600N/A12/31/201828,7313,145N/A3,125N/A9/30/201825,9383,107N/A3,054N/A6/30/201826,3203,381N/A1,951N/A3/31/201825,4053,043N/A3,745N/A12/31/201725,1292,984N/A3,081N/A9/30/201726,4383,121N/A3,145N/A6/30/201725,3152,648N/A3,652N/A3/31/201725,9962,776N/A3,648N/A12/31/201626,3962,966N/A3,103N/A9/30/201628,4832,882N/A1,803N/A6/30/201631,5543,054N/A2,466N/A3/31/201631,4942,971N/A3,423N/A12/31/201530,0622,849N/A4,776N/A9/30/201525,6282,743N/A4,793N/A6/30/201522,6622,744N/A5,751N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 002202の予測収益成長率 (年間25.3% ) は 貯蓄率 ( 2.4% ) を上回っています。収益対市場: 002202の収益 ( 25.3% ) CN市場 ( 27.2% ) よりも低い成長が予測されています。高成長収益: 002202の収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: 002202の収益 ( 11.8% ) CN市場 ( 16.2% ) よりも低い成長が予測されています。高い収益成長: 002202の収益 ( 11.8% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 002202の 自己資本利益率 は、3年後には低くなると予測されています ( 10.9 %)。成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 15:34終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Goldwind Science&Technology Co., Ltd. 15 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。46 アナリスト機関Victoria LiBarclaysLu WangBernsteinGary TsangBofA Global Research43 その他のアナリストを表示
Board Change • May 20Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Dengqing Liu was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Apr 30Goldwind Science&Technology Co., Ltd. (SZSE:002202) announces an Equity Buyback for CNY 500 million worth of its shares.Goldwind Science And Technology Co., Ltd. (SZSE:002202) announces a share repurchase program. Under the program, the company will repurchase up to CNY 500 million worth of its shares. The shares will be purchased at a price not exceeding CNY 13.28 per share. The purpose of the program is to reduce the registered share capital of the company. The repurchased shares will be cancelled and the registered capital of the company will be reduced. The program will be funded from company's own funds. The repurchase program is subject to shareholder's approval. The program will be valid for 12 months from approval of shareholder's meeting.
お知らせ • Apr 22Goldwind Science&Technology Co., Ltd., Annual General Meeting, Jun 16, 2026Goldwind Science&Technology Co., Ltd., Annual General Meeting, Jun 16, 2026, at 14:30 China Standard Time. Location: companys conference room, no. 8 boxing yi road, economic & technological development district, beijing China
お知らせ • Mar 31Goldwind Science&Technology Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Goldwind Science&Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026
お知らせ • Mar 28Goldwind Science&Technology Co., Ltd. Proposes Final Dividend for the Year Ended 31 December 2025Goldwind Science&Technology Co., Ltd. proposed Final Dividend of RMB 0.2 per share for the year ended 31 December 2025.
お知らせ • Dec 31Goldwind Science&Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 28, 2026Goldwind Science&Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 28, 2026
お知らせ • Sep 30Goldwind Science&Technology Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025Goldwind Science&Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025
お知らせ • Jul 10Goldwind Science&Technology Co., Ltd. Announces Board Changes and Composition of the Board CommitteesThe board of directors of Goldwind Science&Technology Co., Ltd. announced that the first meeting of the ninth session of the Board was held on 8 July 2025 and has considered and passed the following resolutions: During the first meeting of the ninth session of the Board, Mr. Wu Gang was elected as the chairman of the Board, Mr. Cao Zhigang was elected as the vice chairman of the Board. The term of office of Mr. Wu Gang and Mr. Cao Zhigang shall expire upon the expiry of the term of the ninth session of the Board. The Board further elected members for the Board committees and elected a chairman for each committee. Their term of office shall expire upon the expiry of the term of the ninth session of the Board. The composition of the Board committees is as follows: Committee Chairman: Mr. Wu Gang: Strategic Committee. Mr. Liu Dengqing: Remuneration and Assessment Committee. Mr. Tsang Hin Fun Anthony: Audit Committee. Mr. Miao Zhaoguang: Nomination Committee. Committee Members: Mr. Cao Zhigang; Mr. Gao Jianjun; Mr. Zhang Xudong; Mr. Miao Zhaoguang: Strategic Committee. Mr. Tsang Hin Fun Anthony and Mr. Miao Zhaoguang: Remuneration and Assessment Committee; Mr. Liu Dengqing and Ms. Yang Liying: Audit Committee. Mr. Tsang Hin Fun Anthony and Ms. Yang Liying: Nomination Committee.
お知らせ • Jul 02Goldwind Science&Technology Co., Ltd. to Report First Half, 2025 Results on Aug 23, 2025Goldwind Science&Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 23, 2025
お知らせ • Jun 29Goldwind Science &Technology Co., Ltd. Approves Final Dividend for Financial Year Ended 31 December 2024, Payable on 15 August 2025Goldwind Science&Technology Co., Ltd. approved final dividend of RMB 0.14 per share for the financial year ended 31 December 2024. Ex-dividend date is 30 June 2025. Record date is 09 July 2025. Payment date is 15 August 2025.
お知らせ • Jun 26Goldwind Science&Technology Co., Ltd. Announces Executive and Committee ChangesGoldwind Science&Technology Co., Ltd. announced that the appointment of t Mr. Liu Dengqing and Mr. Miao Zhaoguang as independent non-executive Directors for the ninth session of the Board have been approved. Mr. Chang Qing, Mr. Luo Jun, Mr. Wang Yan, Mr. Lu Min and Ms. Ji Tian shall retire as the Supervisors of the Company after the conclusion of the AGM.
お知らせ • Jun 20Goldwind Science&Technology Co., Ltd. Elects Yu Ning as the Employee Representative Director of the Ninth Session of the BoardGoldwind Science&Technology Co., Ltd. announced that, at the employee representative assembly of the Company convened on 20 June 2025, Ms. Yu Ning was elected as the employee representative Director of the ninth session of the Board. Upon the approval of the Resolution on the Amendments to the Articles of Association at the AGM, Ms. Yu, together and the non-employee representative Directors newly elected at the AGM will constitute the ninth session of the Board. Ms. Yu Ning, aged 50, holds a master's degree in civil and commercial law from Renmin University of China and is currently the head of the legal department of the Company. Ms. Yu joined the Company in 2012 and has served as the legal director and compliance director of the Office of Secretary of the Board, deputy director of the audit and legal department of the Company, deputy director and director of the legal department of the Company, and director of the legal and compliance department of the Company. She has served as the head of the legal department of the Company since March 2024.
お知らせ • Jun 04Goldwind Science&Technology Co., Ltd., Annual General Meeting, Jun 26, 2025Goldwind Science&Technology Co., Ltd., Annual General Meeting, Jun 26, 2025, at 14:30 China Standard Time. Location: company`s conference room, no. 8 boxing yi road, economic & technological development district, beijing China
お知らせ • Apr 29Goldwind Science&Technology Co., Ltd., Annual General Meeting, May 20, 2025Goldwind Science&Technology Co., Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Location: companys conference room, no. 8, boxing yi road, economic & technological development district, beijing China
お知らせ • Apr 26Goldwind Science&Technology Co., Ltd. (SZSE:002202) announces an Equity Buyback for CNY 500 million worth of its shares.Goldwind Science And Technology Co., Ltd. (SZSE:002202) announces a share repurchase program. Under the program, the company will repurchase up to CNY 500 million worth of its shares. The shares will be purchased at a price not exceeding CNY 13.28 per share. The purpose of the program is to reduce the registered share capital of the company. The repurchased shares will be cancelled. The program will be funded from company's own funds. The repurchase program is subject to shareholder's approval. The program will be valid for 12 months from approval of shareholder's meeting.
お知らせ • Apr 01Goldwind Science&Technology Co., Ltd. Proposes Final Dividend for 2024Goldwind Science&Technology Co., Ltd. proposed final cash dividend of CNY 1.40000000 per 10 shares (tax included) for 2024.
お知らせ • Mar 31Goldwind Science&Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Goldwind Science&Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025
お知らせ • Dec 31Goldwind Science&Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025Goldwind Science&Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.095 (vs CN¥0.012 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.095 (up from CN¥0.012 in 3Q 2023). Revenue: CN¥15.6b (up 52% from 3Q 2023). Net income: CN¥445.8m (up CN¥383.4m from 3Q 2023). Profit margin: 2.9% (up from 0.6% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Oct 23Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥11.12, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 19x in the Electrical industry in China. Total loss to shareholders of 37% over the past three years.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥10.02, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Electrical industry in China. Total loss to shareholders of 40% over the past three years.
お知らせ • Sep 30Goldwind Science And Technology Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024Goldwind Science And Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024
お知らせ • Aug 26Goldwind Science And Technology Co., Ltd. (SZSE:002202) announces an Equity Buyback for 42,250,000 shares, representing 1% for CNY 500 million.Goldwind Science And Technology Co., Ltd. (SZSE:002202) announces a share repurchase program. Under the program, the company will repurchase up to 42,250,000 shares, representing 1% of it's issued share capital for CNY 500 million worth of its shares. The shares will be purchased at a price not exceeding CNY 11.40 per share. The purpose of the program is to improve the company's long-term incentive mechanism, fully mobilize the enthusiasm of the employees, and jointly promote the company's long-term development. The repurchased shares will be used for employee stock ownership plans or equity incentive plans, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded from company's own funds. The repurchase program is subject to shareholder's approval. The program will be valid for 12 months from approval of shareholder's meeting.
Reported Earnings • Aug 24Second quarter 2024 earnings released: EPS: CN¥0.26 (vs CN¥0.009 loss in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.26 (up from CN¥0.009 loss in 2Q 2023). Revenue: CN¥13.2b (down 2.0% from 2Q 2023). Net income: CN¥1.05b (up CN¥1.09b from 2Q 2023). Profit margin: 8.0% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
お知らせ • Aug 23Goldwind Science and Technology Co., Ltd. Approves the Election of Chang Qing as the Chairman of the Supervisory CommitteeGoldwind Science And Technology Co., Ltd. announced that the 11th meeting of the eighth session of the supervisory committee was held on 23 August 2024 and has considered and approved the election of Mr. Chang Qing as the chairman of the Supervisory Committee. His term of office shall expire upon the expiry of the term of the eighth session of the Supervisory Committee.
Declared Dividend • Aug 14Dividend reduced to CN¥0.10Dividend of CN¥0.10 is 17% lower than last year. Ex-date: 16th August 2024 Payment date: 16th August 2024 Dividend yield will be 1.3%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is not covered by earnings (136% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.0% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 52% to bring the payout ratio under control. EPS is expected to grow by 228% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
Buy Or Sell Opportunity • Jul 23Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at CN¥7.26. The fair value is estimated to be CN¥6.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.9% over the last 3 years. Earnings per share has declined by 44%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 832% in the next 2 years.
お知らせ • Jun 29Goldwind Science And Technology Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024Goldwind Science And Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024
お知らせ • May 12Goldwind Science And Technology Co., Ltd., Annual General Meeting, Jun 25, 2024Goldwind Science And Technology Co., Ltd., Annual General Meeting, Jun 25, 2024, at 14:30 China Standard Time. Location: conference room, no.8 boxing yi road, economic & technological development district, beijing China
Reported Earnings • Apr 27First quarter 2024 earnings released: EPS: CN¥0.073 (vs CN¥0.29 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.073 (down from CN¥0.29 in 1Q 2023). Revenue: CN¥6.98b (up 25% from 1Q 2023). Net income: CN¥332.6m (down 73% from 1Q 2023). Profit margin: 4.8% (down from 22% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 27Goldwind Science and Technology Co., Ltd. Appoints Zhang Xudong, as Member of the Strategic CommitteeThe board of directors of GOLDWIND SCIENCE&TECHNOLOGY CO., LTD. announced that Mr. Zhang Xudong, a non-executive director of the Company, is elected as a member of the strategic committee of the Company. The term of office shall expire upon the expiry of the term of the eighth session of the Board.
お知らせ • Mar 30Goldwind Science And Technology Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024Goldwind Science And Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024
Reported Earnings • Mar 29Full year 2023 earnings released: EPS: CN¥0.29 (vs CN¥0.52 in FY 2022)Full year 2023 results: EPS: CN¥0.29 (down from CN¥0.52 in FY 2022). Revenue: CN¥50.2b (up 8.2% from FY 2022). Net income: CN¥1.33b (down 40% from FY 2022). Profit margin: 2.6% (down from 4.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 29Goldwind Science And Technology Co., Ltd. Proposes Final Ordinary Cash Dividend for the Year Ended 31 December 2023, Payable on 30 August 2024Goldwind Science And Technology Co., Ltd. proposed final ordinary cash dividend of RMB 0.1 per share for the year ended 31 December 2023, payable on 30 August 2024.
お知らせ • Feb 27Goldwind Science and Technology Co., Ltd. Approves to Elect Mr. Zhang Xudong as Non-Executive DirectorGoldwind Science And Technology Co., Ltd. to elect Mr. Zhang Xudong ("Mr. Zhang") as the Company's non-executive director has been approved. Mr. Zhang will assume the position on the day after the EGM held on 27 February 2024. His tenure will be until the end of the term of the eighth session of the Board.
お知らせ • Dec 29Goldwind Science And Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024Goldwind Science And Technology Co., Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024
お知らせ • Dec 12Goldwind Science and Technology Co., Ltd. Announces Resignation Wang Yili as Non-Executive Director and A Member of the Strategic CommitteeGoldwind Science And Technology Co., Ltd. announces that on 12 December 2023, the Company received a resignation letter from Mr. Wang Yili resigning as a non-executive director and a member of the strategic committee of the Company due to other career developments.
お知らせ • Oct 27Goldwind Science and Technology Co., Ltd. Appoints Liu Rixin as Member of the Strategic CommitteeGoldwind Science And Technology Co., Ltd. announced that Mr. Liu Rixin, an executive director of the Company, is appointed as a member of the strategic committee of the Company. The term of office shall expire upon the expiry of the term of the eighth session of the Board.
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.012 (vs CN¥0.10 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.012 (down from CN¥0.10 in 3Q 2022). Revenue: CN¥10.3b (up 6.9% from 3Q 2022). Net income: CN¥62.4m (down 88% from 3Q 2022). Profit margin: 0.6% (down from 5.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
お知らせ • Sep 30Goldwind Science And Technology Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023Goldwind Science And Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023
Reported Earnings • Aug 22Second quarter 2023 earnings released: EPS: CN¥0.004 (vs CN¥0.15 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.004 (down from CN¥0.15 in 2Q 2022). Revenue: CN¥13.4b (up 31% from 2Q 2022). Net income: CN¥16.6m (down 98% from 2Q 2022). Profit margin: 0.1% (down from 6.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 4% per year.
お知らせ • Aug 15Goldwind Science And Technology Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 18 August 2023Goldwind Science And Technology Co., Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 1.20000000 for the year 2022, payable on 18 August 2023. Record date is 17 August 2023. Ex-date is 18 August 2023.
お知らせ • Jul 21Goldwind Science And Technology Co., Ltd. Elects Liu Rixin as an Executive DirectorGoldwind Science And Technology Co., Ltd. announced that at its extraordinary general meeting held on 18 July 2023, approved the election of Mr. Liu Rixin as an executive director of the company. Mr. Liu will assume the position on the day after the EGM held on 18 July 2023. His tenure will be until the end of the term of the eighth session of the Board.
お知らせ • Jul 01+ 1 more updateXinjiang Goldwind Science & Technology Co., Ltd. Announces Appointment of Yang Liying as Member of the Audit CommitteeXinjiang Goldwind Science & Technology Co., Ltd. announced that Ms. Yang Liying has been appointed as a member of the audit committee of the Board, with effect from the date of this announcement. Her tenure will be until the end of the term of the eighth session of the Board.
お知らせ • Jun 21Xinjiang Goldwind Science & Technology Co., Ltd. Approves Appointment of Yang Liying as Non-Executive DirectorXinjiang Goldwind Science & Technology Co., Ltd. at its AGM held on June 20, 2023 approved the appointment of Ms. Yang Liying as a non-executive Director of the Company.
お知らせ • May 06Xinjiang Goldwind Science & Technology Co., Ltd. Proposes Final Dividend for the Year Ended 31 December 2022, Payable on 30 August 2023Xinjiang Goldwind Science & Technology Co., Ltd. proposed final dividend of RMB 0.12 per share for the year ended 31 December 2022. Ex-dividend date is 26 June 2023, Record date is 27 June 2023 and Payment date is 30 August 2023. Date of shareholders' approval is 20 June 2023.
お知らせ • May 05Xinjiang Goldwind Science & Technology Co., Ltd., Annual General Meeting, Jun 20, 2023Xinjiang Goldwind Science & Technology Co., Ltd., Annual General Meeting, Jun 20, 2023, at 14:30 China Standard Time. Location: Conference Room of No.8 Boxing Yi Road, Economic & Technological Development District, Beijing, PRC Beijing China Agenda: To consider and approve the issue of bonds and asset-backed securities inside or outside the PRC. Please refer to Appendix I for details; to consider and approve the proposed Change of Company Name. Please refer to the circular of the Company dated 4 May 2023 for details; to consider and approve the proposed Amendments to the Articles. Please refer to the circular of the Company dated 4 May 2023 for details; to consider and approve the report of the board of directors (the "Directors") of the Company for the year of 2022; to consider and approve the report of the supervisory committee of the Company for the year of 2022.
Reported Earnings • Apr 28First quarter 2023 earnings released: EPS: CN¥0.29 (vs CN¥0.28 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.29. Revenue: CN¥5.56b (down 13% from 1Q 2022). Net income: CN¥1.23b (down 2.4% from 1Q 2022). Profit margin: 22% (up from 20% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in China.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Xianfen Zeng was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 27Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: CN¥9.65b (down 38% from 3Q 2021). Net income: CN¥525.6m (down 59% from 3Q 2021). Profit margin: 5.4% (down from 8.1% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 25Second quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.19 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.15 (down from CN¥0.19 in 2Q 2021). Revenue: CN¥10.1b (down 8.6% from 2Q 2021). Net income: CN¥654.5m (down 15% from 2Q 2021). Profit margin: 6.5% (down from 7.0% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 4.8%, compared to a 55% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-executive Director Wei Wei was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 29Full year 2021 earnings released: EPS: CN¥0.79 (vs CN¥0.67 in FY 2020)Full year 2021 results: EPS: CN¥0.79 (up from CN¥0.67 in FY 2020). Revenue: CN¥50.4b (down 10% from FY 2020). Net income: CN¥3.33b (up 17% from FY 2020). Profit margin: 6.6% (up from 5.1% in FY 2020). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 2.4%, compared to a 65% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.18 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥15.6b (down 11% from 3Q 2020). Net income: CN¥1.27b (up 50% from 3Q 2020). Profit margin: 8.1% (up from 4.8% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Sep 04Investor sentiment improved over the past weekAfter last week's 23% share price gain to CN¥17.15, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 30x in the Electrical industry in China. Total returns to shareholders of 67% over the past three years.
Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.10 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥11.1b (down 21% from 2Q 2020). Net income: CN¥876.5m (up 131% from 2Q 2020). Profit margin: 7.9% (up from 2.7% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 28First quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.18 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥6.82b (up 25% from 1Q 2020). Net income: CN¥972.1m (up 8.6% from 1Q 2020). Profit margin: 14% (down from 16% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 11% per year.
Executive Departure • Apr 14Non-Executive Director has left the companyOn the 12th of April, Zhenyu Dong's tenure in the role of Non-Executive Director ended. We don't have any record of a personal shareholding under Zhenyu's name. A total of 3 executives have left over the last 12 months.
Reported Earnings • Mar 28Full year 2020 earnings released: EPS CN¥0.67 (vs CN¥0.51 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥56.3b (up 47% from FY 2019). Net income: CN¥2.96b (up 41% from FY 2019). Profit margin: 5.3% (down from 5.5% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Executive Departure • Mar 10Chief Financial Officer has left the companyOn the 9th of March, Chunzhi Liu's tenure as Chief Financial Officer ended after 2.5 years in the role. We don't have any record of a personal shareholding under Chunzhi's name. A total of 2 executives have left over the last 12 months.
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥13.18, the stock is trading at a trailing P/E ratio of 21.4x, down from the previous P/E ratio of 26.2x. This compares to an average P/E of 33x in the Electrical industry in China. Total return to shareholders over the past three years is a loss of 15%.
お知らせ • Feb 24Xinjiang Goldwind Science & Technology Co., Ltd. to Report Fiscal Year 2020 Results on Mar 27, 2021Xinjiang Goldwind Science & Technology Co., Ltd. announced that they will report fiscal year 2020 results on Mar 27, 2021
Is New 90 Day High Low • Jan 22New 90-day high: CN¥16.82The company is up 50% from its price of CN¥11.18 on 23 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.09 per share.
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥16.39, the stock is trading at a trailing P/E ratio of 26.6x, up from the previous P/E ratio of 23.1x. This compares to an average P/E of 36x in the Electrical industry in China. Total returns to shareholders over the past three years are 3.8%.
Is New 90 Day High Low • Jan 04New 90-day high: CN¥15.30The company is up 50% from its price of CN¥10.23 on 30 September 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.15 per share.
お知らせ • Dec 23Xinjiang Goldwind Science & Technology Co., Ltd. Appoints Dong Zhenyu as Non-Executive DirectorXinjiang Goldwind Science & Technology Co., Ltd. board of directors announced that Ms. Dong Zhenyu, a non-executive director of the Company, is appointed as a member of the strategic committee of the Company. The term of office shall expire upon the expiry of the term of the seventh session of the Board.
Is New 90 Day High Low • Dec 18New 90-day high: CN¥13.10The company is up 27% from its price of CN¥10.34 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.05 per share.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥2.64b, up 16% from the prior year. Total revenue was CN¥50.5b over the last 12 months, up 42% from the prior year.
Analyst Estimate Surprise Post Earnings • Oct 29Third-quarter earnings released: Revenue beats expectationsThird-quarter revenue exceeded analyst estimates by 59% at CN¥17.6b. Revenue is forecast to stay flat over the next year, compared to a 46% growth forecast for the Electrical industry in China.
お知らせ • Oct 16Xinjiang Goldwind Science & Technology Co., Ltd. to Report Q3, 2020 Results on Oct 28, 2020Xinjiang Goldwind Science & Technology Co., Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020
Valuation Update With 7 Day Price Move • Oct 14Market bids up stock over the past weekAfter last week's 17% share price gain to CN¥12.00, the stock is trading at a trailing P/E ratio of 23.5x, up from the previous P/E ratio of 20x. This compares to an average P/E of 42x in the Electrical industry in China. Total returns to shareholders over the past three years were flat.
お知らせ • Sep 26+ 1 more updateXinjiang Goldwind Science & Technology Co., Ltd. announced that it expects to receive $50 million in funding from International Finance CorporationXinjiang Goldwind Science & Technology Co., Ltd. announced that it will raise $50 million of funding from new investor, International Finance Corporation on August 9, 2010.
お知らせ • Aug 13+ 1 more updateTianjin Quanyechang (Group) Co.,Ltd. (SHSE:600821) completed the acquisition of CDB New Energy Technology Co., Ltd. from a group of sellers.Tianjin Quanyechang (Group) Co.,Ltd. (SHSE:600821) agreed to acquire CDB New Energy Technology Co., Ltd. from a group of sellers for CNY 2.8 billion on August 30, 2019. As per terms, Tianjin Quanyechang (Group) Co.,Ltd. will issue 680.35 million shares at CNY 3.57 per share. For the year ended December 31, 2018, CDB New Energy Technology Co., Ltd. reported total assets of CNY 6.1 billion, net assets of CNY 1.6 billion, total revenue of CNY 611.2 million, operating profit of CNY 129.3 million and net income of CNY 153.1 million. The Board of Directors of Xinjiang Goldwind Science & Technology Co.,Ltd has approved the transaction. Approval from the Board of Directors and shareholders of Tianjin Quanyechang (Group) Co.,Ltd., Tianjin SASAC, CSRC anf regulatory is still pending. Approval from the Tianjin State-owned Assets Supervision and Administration Commission is also pending. The transaction is approved by Tianjin Jincheng State-owned Capital Investment and Operations Co., Ltd. and sellers approving bodies on August 31, 2019. As on May 13, 2020, employee congress approved the resettlement plan, Board of Directors of Tianjin Cheng approved the transaction, asset placement and outgoing appraisal report involved in this transaction has been filed with the Tianjin State Council, Tianjin SASAC has approved the transaction, transaction plan has been reviewed and approved by the shareholders of Tianjin Quanyechang. The transaction is still pending for approval from China Securities Regulatory Commission and Other necessary prior approval, approval or consent required by laws and regulations and regulatory authorities. As on May 21, 2020, the transaction was approved by China Securities Regulatory Commission. As of August 11, 2020, CDB New Energy completed the industrial and commercial registration procedures for shareholder change and obtained the new "Business License" issued by the Beijing Economic and Technological Development Zone Market Supervision Administration. Wang Changqing, Cao Zhenyu, Meng Jing, Liu Xianfeng, Cao Rui, Li Ran, Li Shucun, Wang Baosheng and Liu Jie of China Securities Co., Ltd. acted as financial advisor for Tianjin Quanyechang (Group) Co.,Ltd. Liu Ji, Zhang Ran and Yao Jia of Grandall Lawyer (Beijing) Office acted as legal advisor for Tianjin Quanyechang (Group) Co.,Ltd. Hu Yonghua, He Zheng, Shen Wensheng, Zhang Xihai and Wang Qingbin of Wuyige Certified Public Accountants LLP acted as accountant for Tianjin Quanyechang (Group) Co.,Ltd. China United Assets Appraisal Group Co., Ltd. acted as asset evaluation agency in the transaction. Tianjin Quanyechang (Group) Co.,Ltd. (SHSE:600821) completed the acquisition of CDB New Energy Technology Co., Ltd. from a group of sellers on August 13, 2020.