BRIEF: China High Speed Transmission swings to red in first half of 2024
Wind power equipment maker China High Speed Transmission Equipment Group Co. Ltd. (0658.HK) warned on Tuesday that it expects to report a loss of up to 530 million yuan ($74…
PODCAST: China’s New Energy Overbuild, and DiDi Back on Growth Track
China is on track to reach its 2030 goal for solar and wind power installations by the end of this year, and could double the figure by 2030. What's driving this massive new energy buildup? And DiDi is back on a growth track with revenue zooming ahead 15% in the first quarter. Will the company seize the momentum to relaunch its stalled IPO plan?
Big depreciation nips Goldwind in disposal plan for self-developed wind farm
The wind power equipment giant said it will raise 881 million yuan by spinning off a wind farm it built in Jiangxi province, far less than the facility’s assessed value…
FAST NEWS: Goldwind drops ‘Xinjiang’ from company name
The Latest: Wind power equipment maker Xinjiang Goldwind Science & Technology Co. Ltd. (2208.HK; 002202.SZ) announced on Thursday that its shareholders approved a motion to drop “Xinjiang” from its company name. Going…
Breeze may be turning in Goldwind’s favor, but global investors remain cautious
The world’s biggest wind power equipment maker, once China's ‘green rush’ darling, is being abandoned by many of its big-name western investors Key Takeaways: Goldwind’s sales fell 13% in the…
China High Speed Transmission Faces Profit Lull as Core Wind Power Business Slows
Company reported record revenue last year, but the sharp gains were undercut by a decline in its core net profit Key Takeaways: China High Speed Transmission’s core wind power and…
Major Stakeholder’s Big Demands Send Chill Through Goldwind’s Stock
Wind power equipment maker’s share plunge after it discloses major new business from Three Gorges New Energy, which could divert orders from more profitable customers Key takeaways: Xinjiang Goldwind’s…
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