Movement Alert｜GOLDWIND Rises 5.03% in Regular Trading, South Africa Phase 1 Wind Project Enters Commercial Operation Amid Sector Strength

Market Focus08-03

On August 3, GOLDWIND rose 5.03% in regular trading, trading at 10.27 HKD/share, with turnover of approximately 91.82 million HKD.

On the news front, GOLDWIND announced that the Ummbila Emoyeni Phase 1 wind power project in South Africa officially entered commercial operation. The project has an installed capacity of 155MW, equipped with 25 units of GWH182-6.2MW intelligent wind turbines featuring a rotor diameter of 183.5 meters, making it the largest rotor diameter wind project currently operating in South Africa. The project is expected to generate 480 million kWh annually, serving approximately 500,000 households and reducing carbon emissions by roughly 400,000 tons per year.

The Heavy Electrical Equipment sector rallied broadly, with DONGFANG ELEC up 7.43%, HARBIN ELECTRIC up 6.66%, SH ELECTRIC up 4.97%, and GUOXIA TECH up 8.28%. As of end-Q1, GOLDWIND reported backlog orders totaling 53,934.25MW, up 5.56% year-over-year, reflecting continued expansion of overseas business.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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