Summary by Futu AI
On November 19, 2024, Goldwind Science & Technology announced that it will provide a guarantee for its wholly-owned subsidiary, Goldwind International Holdings (Hong Kong) Limited's subsidiary, Goldwind New Energy South Africa. Goldwind New Energy South Africa has signed wind turbine supply and installation agreements with South African energy company, Karreebosch Wind Farm. Goldwind Science & Technology and Goldwind International will jointly provide guarantees for performance and default compensation under the agreement, with a guarantee amount not exceeding RMB 780,507,959. Goldwind New Energy South Africa was established in December 2021, with its main business being the sale, construction, and operation and maintenance services of wind power generators. As of October 2024, the asset-liability ratio of Goldwind New Energy South Africa exceeds 70%, and the net assets...Show More