Goldwind plans to acquire equity stakes in two wind power companies through wholly owned subsidiaries

Goldwind Night Notice, the company intends to adopt a wholly-owned subsidiary Goldwind Investment Holdings Limited to the GCL wind energy Equipment Holdings limited to buy its own GCL wind power (Jiangsu) Co., Ltd. 85% of the equity, GCL Wind power (Xilin Hot) Co., Ltd. 25%　　Equity and to the Shanghai State Investment Co., Ltd. to acquire its own 15% of the GCL-Xin Jiangsu, the total price of the above-mentioned acquisition is not more than 200 million yuan. After the completion of the acquisition, Goldwind Investment will hold 100% of the association Xin Jiangsu Equity and GCL 100% of the equity. The company said that through the acquisition can not only master blade design technology and blade production and management capabilities, improve the overall research and development capabilities, but also to ensure the safety of blade supply.　　After the acquisition is completed, the company can reduce the cost of the whole machine through internal procurement and improve the overall income level of the company. At the same time, the company announced that the wholly-owned subsidiary Beijing Tian Run New Energy Investment Co., Ltd. to 115 million yuan to Beijing Xing Kai Source Energy-Saving Technology Co., Ltd. 100% of the transfer to the relevant party China Three Gorges New power company. At the same time, the company intends to increase the capital of 550 million to a wholly-owned subsidiary of Jiangsu Goldwind Wind Power Equipment Manufacturing Co., Ltd. for the implementation of 6MW permanent magnet direct-drive wind turbine development, offshore test wind farm and offshore wind power project.