On June 1, Goldwind Science and Technology rose 3.43% in regular trading, trading at HK$13.97 per share, with trading volume of HK$58.59 million. The stock rebounded after consecutive sessions of decline since mid-May, during which it had fallen over 10%.

On the news front, the company has been actively executing its previously announced share buyback program of RMB 300-500 million. On May 29, the company repurchased 1.5 million H shares for approximately HK$20.62 million and 5.67 million A shares for approximately RMB 133.4 million. Additionally, Goldwind was named the first-ranked candidate for CGN's Yunnan Wenshan 240MW onshore wind project at a bid price of approximately RMB 504.7 million.

Fundamentally, institutional research disclosed that Q1 wind turbine sales surged 133.45% year-over-year to 6,040.89MW, with external backlog reaching 41,192.82MW. The company also achieved the top position in domestic offshore wind installations in the prior year with 37.9% market share. Within the Heavy Electrical Equipment sector, Dongfang Electric rose 2.3%, Shanghai Electric rose 1.92%, and Guoxia Tech gained 1.84%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)