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Goldwind builds and sells wind turbines and also runs wind farms that generate electricity.
Goldwind is one of the world's largest makers of wind turbines — the giant machines with three slowly spinning blades that turn moving air into electricity. Utilities and power companies buy them, along with the spare parts and maintenance services needed to keep them spinning for decades.
The company does two main things. First, it manufactures and sells turbines and components to customers in China and abroad. Second, it develops and operates its own wind farms, selling the electricity they produce. The second part matters because it gives Goldwind recurring revenue and a stake in the clean-energy boom, not just a one-time sale. Goldwind started in Xinjiang, in western China, back in 1998, and grew alongside China's push to become the world's biggest wind-power market. Today it competes globally with giants like Vestas and Siemens Energy, and its main challenge is a brutal price war: turbine prices have fallen so far that margins are thin, especially in China. The bet is that scale, service contracts, and overseas expansion can offset that squeeze.
The company is majority-owned by state-linked Chinese entities, which helps with financing and domestic deals but can raise eyebrows in some overseas markets. Its shares trade in Shenzhen and also in Hong Kong. For a 15-year-old: Goldwind sells the machines that harvest the wind, and increasingly it also owns the harvest.
Saved answer · last researched 15 Nov 2026