Movement Alert|GOLDWIND Rises 5.54% in Regular Trading, Renewable Energy 15th Five-Year Plan Boosts Wind Power Sector

Market Focus07-23

On July 23, GOLDWIND rose 5.54% in regular trading, trading at HK$10.29/share, with turnover of HK$219 million. The broader HK-listed power equipment sector rallied in tandem, with Dongfang Electric up over 5% and Harbin Electric up over 4%.

On the news front, China officially released its Renewable Energy Development 15th Five-Year Plan, signaling clear policy support for clean energy and directly boosting expectations across the wind power value chain. Domestic wind power installations are expected to enter a peak season under the new planning framework. The company disclosed that as of March 31, its total backlog stood at 53,934.25MW, representing a 5.56% year-over-year increase, including 41,192.82MW in external pending orders, 9,506.97MW in awarded but unsigned orders, and 3,234.46MW in internal orders — providing solid support for future earnings delivery.

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