Movement Alert｜Goldwind Technology Falls 3.04% in Regular Trading, European Trade Barriers Escalation Pressures Overseas Growth Outlook

Market Focus06-04

On June 4, Goldwind Technology (02208.HK) declined 3.04% in regular trading, trading at HKD 12.76/share, with trading volume of HKD 152 million.

On the news front, German wind turbine manufacturer Nordex's CEO Jose Luis Blanco publicly called for extending \"Western origin\" standards to all new wind power capacity connected to European grids. Simultaneously, the European Commission has launched an investigation into Goldwind Technology over potentially unfair subsidies. In response, on June 3, Goldwind announced it had filed a lawsuit against the European Commission, seeking judicial determination on the scope of the FSR investigation.

Europe serves as a core high-margin overseas market for the company, and the escalation of trade barriers directly suppresses overseas growth expectations. Additionally, the green power sector has been undergoing a deep correction since mid-May, with industry-wide price wars compressing margins and the potential reduction of holdings by major shareholder China Three Gorges New Energy within the next three to six months further weighing on market sentiment. Despite the company initiating its first A-share and H-share buyback on May 29, the downward trend has not reversed.

(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.)

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