002202SZSE
🚨 Material Event

Announcement on Providing Guarantees for Wholly-Owned Subsidiaries Goldwind International and Goldwind Turkey

✨ AI Summary

Goldwind Technology Co., Ltd. plans to provide guarantees totaling up to $20 million for its wholly-owned subsidiaries, Goldwind International and Goldwind Turkey, in relation to a supply and installation agreement with Ege Antalya Enerji A.Ş. The guarantees are intended to cover performance obligations under the contract. The board has approved this decision, and the guarantees are within the limits set by the shareholders' meeting.

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Full Translation

AI Translation· azure_openai

Stock Code: 002202
Stock Abbreviation: Goldwind Technology
Announcement Number: 2026-057

Announcement on Providing Guarantees for Wholly-Owned Subsidiaries Goldwind International and Goldwind Turkey

Special Reminder: The guaranteed party, Goldwind Turkey Enerji Anonim Şirketi, has a debt-to-asset ratio exceeding 70%. Investors are advised to pay close attention to the guarantee risks.

I. Overview of the Guarantee Situation

Goldwind Technology Co., Ltd. (hereinafter referred to as "the Company") plans to provide guarantees for its wholly-owned subsidiary, Goldwind International Holdings (Hong Kong) Limited (hereinafter referred to as "Goldwind International"), and Goldwind Turkey Enerji Anonim Şirketi (hereinafter referred to as "Goldwind Turkey"). They are joint suppliers that have signed a "Supply and Installation Agreement" with Ege Antalya Enerji A.Ş. (hereinafter referred to as "Ege"). Goldwind International will act as the offshore supplier responsible for the supply of units and the collection and shipping work at Chinese ports, while Goldwind Turkey will act as the onshore supplier responsible for receiving goods at Turkish ports, inland transportation, installation, hoisting, and commissioning.

The Company has signed a "Supply and Installation Guarantee Agreement" with Ege to guarantee the performance obligations of Goldwind International and Goldwind Turkey under the "Supply and Installation Agreement." The guarantee amount for Goldwind International is $18,000,000 (approximately RMB 122,765,400), and for Goldwind Turkey, it is $2,000,000 (approximately RMB 13,640,600), totaling no more than $20,000,000 (approximately RMB 136,406,000). The guarantee period is from the date of submission of the advance payment guarantee as stipulated in the "Supply and Installation Agreement" until the performance obligations of Goldwind International and Goldwind Turkey are fulfilled. The signing date of the "Supply and Installation Guarantee Agreement" is June 4, 2026, and the signing locations are Beijing and Turkey.

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