Hong Kong Stock Connect Movement | Goldwind Technology (02208) surged over 7% intraday. Goldwind Xing'an League's 725,000-ton green methanol project approved.

LootboxPhobia · 2026-02-23T13:15:26+00:00

Goldwind Technologies' stock price rose over 5%, benefiting from the approval of its Xing'an League green hydrogen to green methanol project. The project has a total investment of 2.3 billion yuan, with construction expected to begin in 2026, and an annual production of 725,000 tons of green methanol. Changjiang Securities is optimistic about the investment value of the green hydrogen-ammonia-alcohol industry chain.

LootboxPhobia

2026-02-23 13:15:26

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Zhitong Finance APP learned that Goldwind Technology (02208) rose over 7% during the trading session. As of the time of publication, it was up 5.14% at HKD 14.52, with a trading volume of HKD 138 million.

On the news front, on February 12, Goldwind Xing’an League Green Hydrogen to Green Methanol (Phase III) project received record filing. The project is located in Xing’an League Economic and Technological Development Zone, with a total investment of 2.3 billion yuan, scheduled to start construction in May 2026. The project mainly involves the construction of biomass gasification, methanol synthesis distillation, and other major production facilities and supporting infrastructure, with an annual output of 725,000 tons of green methanol.

Changjiang Securities previously released a research report stating that during the 14th Five-Year Plan period, high-quality development of new energy requires breakthroughs in non-electrical utilization, expanding the ways to utilize new energy. The application space for green electricity-based hydrogen and ammonia in chemical industry, transportation, metallurgy, and other fields is broad. They are optimistic about the investment value of the green hydrogen-ammonia industry chain, with related targets including Goldwind Technology.

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