Goldwind Responds to Stock Price Limit-Up: Its Stake in Blue Arrow Aerospace Is Classified as an Investment in Unlisted Equity Instruments
The securities department of Goldwind Technology stated that the company’s stock price is influenced by many factors, and the listed company is unable to determine the exact cause of daily price fluctuations because the composition of daily capital inflows varies, making it impossible to pinpoint the specific reasons for each day’s price movements. The spokesperson further explained that Goldwind’s current stake in Blue Arrow Aerospace is classified as an investment in non-listed equity instruments and is disclosed in the company’s financial statements as part of its other non-current financial assets. The disclosure reflects the carrying amount of the asset held by the company; if any gains or losses are recognized for the current year, they will be disclosed in periodic reports. (Jiemian)
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