Goldwind Science & Technology Co., Ltd. announced that its board of directors approved amendments to the company’s accounting policies on 27 March 2026. The revision follows the Ministry of Finance’s issuance of “Interpretation No. 19 of Accounting Standards for Business Enterprises” (Cai Kuai [2025] No. 32) dated 5 December 2025, which becomes effective on 1 January 2026.

Interpretation No. 19 introduces detailed guidance on: 1. Recognition of indemnification assets in business combinations under non-common control. 2. Disposition of capital reserve arising from acquisitions of subsidiaries under common control. 3. Derecognition of financial liabilities settled through electronic payment systems. 4. Evaluation of contractual cash-flow characteristics of financial assets and related disclosures. 5. Disclosure requirements for equity instruments designated at fair value through other comprehensive income.

Goldwind will implement the updated rules from the effective date while retaining all other existing accounting standards and International Financial Reporting Standards previously adopted.

Management stated that the policy updates will not have a material effect on the company’s financial position, operating results, or cash flows, and no retrospective adjustments to prior-year statements are necessary.