002202SZSE

Announcement on Providing Guarantee for Wholly-Owned Subsidiary Goldwind Energy Italy

✨ AI Summary

Goldwind Technology Co., Ltd. has signed a parent company guarantee agreement to secure the performance obligations of its wholly-owned subsidiary, Goldwind Energy Italy S.r.l., under a wind turbine supply and installation contract. The guarantee amount is €19,300,424, approximately RMB 159,253,588. The guarantee is effective from February 10, 2026, until the obligations are fulfilled or until November 8, 2029, whichever comes first.

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Full Translation

AI Translation· azure_openai

Special Reminder

The guaranteed party, Goldwind Energy Italy S.r.l., has a debt-to-asset ratio exceeding 70%. Investors should pay close attention to the guarantee risks.

Overview of the Guarantee

Goldwind Technology Co., Ltd. (hereinafter referred to as "the Company") has a wholly-owned subsidiary, Goldwind International Holdings (Hong Kong) Limited (hereinafter referred to as "Goldwind International"), which in turn has a wholly-owned subsidiary, Goldwind Energy Netherlands Limited, that wholly owns Goldwind Energy Italy S.r.l. (hereinafter referred to as "Goldwind Italy"). Goldwind Italy has signed a "Wind Turbine Supply and Installation Agreement" with Tempa dei Greci S.r.l., under which Goldwind Italy will provide wind turbine supply, installation, commissioning, trial operation, and defect liability services at the project site. The Company has signed a "Parent Company Guarantee Agreement" to guarantee Goldwind Italy's performance obligations under the aforementioned agreement, with a guarantee amount of €19,300,424, equivalent to approximately RMB 159,253,588. The signing date of this "Parent Company Guarantee Agreement" is February 10, 2026, and the signing location is Beijing.

Basic Information of the Guaranteed Party

  1. Company Name: Goldwind Energy Italy S.r.l.
  2. Establishment Date: September 12, 2023
  3. Registered Location: 40 Corso Vercelli, Milan, Italy
  4. Registered Capital: €10,000
  5. Main Business: Development, construction, operation, and after-sales service of wind farms
  6. Relationship with the Company: Goldwind Italy is a wholly-owned subsidiary of Goldwind International, which is a wholly-owned subsidiary of Goldwind Energy Netherlands Limited.
  7. Financial Status

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