Goldwind Proposes Increase in Related Party Transactions' 2026 Quota; Shares Down 3%

MT Newswires Live10-26

Goldwind Science & Technology (SHE:002202, HKG:2208) proposed to raise the estimated quota for related-party transactions for the year, according to a Saturday filing with the Shenzhen bourse.

The Chinese wind power company increased the estimated quota for the sale of goods with China Three Gorges Renewables (SHA:600905) to 3.60 billion yuan from 921.1 million yuan.

The company's Hong Kong shares dropped 3%, while Shenzhen shares fell 2% during Monday's afternoon trade.

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