Goldwind Science& Technology (02208) announced that its wholly-owned subsidiary Goldwind International Holdings (Hong Kong) Limited (to...
According to the announcement from Goldwind Science& Technology (02208), its wholly-owned subsidiary Goldwind International Holdings (Hong Kong) Limited (hereinafter referred to as "Goldwind International") and Goldwind Turkey Enerji Anonim Şirketi (hereinafter referred to as "Goldwind Turkey") have signed a "Wind Turbine Supply and Installation Agreement" as joint suppliers with Esenguc Enerji Yatirim Anonim Şirketi (hereinafter referred to as "Esenguc"). Goldwind International will act as the offshore supplier responsible for the supply of units mentioned in the contract and the Marine Transportation work from Chinese ports; Goldwind Turkey will function as the onshore supplier responsible for receiving goods at Turkish ports, Land Transportation within Turkey, as well as installation, hoisting, and commissioning of the units.
Goldwind Science& Technology has signed a "Wind Turbine Supply and Installation Guarantee Agreement" with Esenguc to provide guarantees for the performance obligations and responsibilities of Goldwind International and Goldwind Turkey under the aforementioned "Wind Turbine Supply and Installation Agreement." The total guarantee amount does not exceed 12.0341 million euros (approximately 90.7454 million yuan), of which the guarantee amount provided for Goldwind International is 10.951 million euros (approximately 82.5784 million yuan), and for Goldwind Turkey, the guarantee amount is 1.0831 million euros (approximately 8.1671 million yuan). The guarantee period lasts from the submission of the advance payment guarantee as stipulated in the "Wind Turbine Supply and Installation Guarantee Agreement" to the completion of the performance obligations and responsibilities of the seller (Goldwind International and Goldwind Turkey).