Goldwind Technology (02208) saw its share price increase by over 4% during the trading session, with the latest update showing a rise of 3.61% to HKD 13.49, accompanied by a turnover of HKD 151 million.

On October 21, Goldwind Technology announced via its official WeChat account the launch of its new generation Ultra Series wind power products. The new Ultra Series encompasses all scenarios for both onshore and offshore applications. The GWH204-Ultra models improve electricity generation performance by 2% compared to 242-meter rotor machines of the same power, while matching the output of 300-meter rotor machines of equivalent power. The design lifespan for onshore models has been extended to 25 years, and to 30 years for offshore models.

Morgan Stanley shared its research strategy, forecasting that Goldwind Technology's stock price may decline in the next 15 days, with a probability of occurrence estimated at around 70% to 80% (indicating a high likelihood). According to their estimates, the cancellation of VAT rebates could reduce project internal rates of return for wind power operators by 0.5% to 0.6%, as the firm anticipates upward pressure on wind turbine prices. Furthermore, Morgan Stanley noted that Goldwind Technology accounted for RMB 386 million in VAT rebates in 2024, and RMB 112 million in the first half of 2025. Given the company's increasing exposure to overseas markets and a modest recovery in gross profit margins, Morgan Stanley maintains its "In-Line" rating on the stock.