GOLDWIND SCIENCE&TECHNOLOGY CO., LTD. — Earnings Release 2011

Feb 28, 2012

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this document, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document.

==> picture [410 x 148] intentionally omitted <==

OVERSEAS REGULATRY ANNOUNCEMENT

This announcement is made pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The Board of Directors (the “ Board ”) of Xinjiang Goldwind Science & Technology Co., Ltd. (the “ Company ”) wishes to refer the shareholders of the Company and potential investors to certain preliminary financial information of the Company for the year ended 31 December 2011 on the following pages which has been published by the Company on the Shenzhen Stock Exchange on 28 February 2012 pursuant to the requirements of the Shenzhen Stock Exchange.

The information contained in this announcement is only based on PRC accounting standards and the preliminary assessment by the management of the Company on the unaudited management accounts of the Company and is not based on any figures or information audited or reviewed by the Company’s auditors.

There may be discrepancies between information contained herein and the final data to be disclosed in the annual report. Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.

By order of the Board

Xinjiang Goldwind Science & Technology Co., Ltd. Ma Jinru Company Secretary

Beijing, 28 February 2012

As at the date of this announcement, the executive directors of the Company are Mr. Wu Gang and Mr. Guo Jian; the non-executive directors are Mr. Li Ying, Mr. Gao Zhong, Mr. Lv Houjun and Ms. Hu Yang; and the independent non-executive directors are Mr. Wang Yousan, Mr. Shi Pengfei and Dr. Tin Yau Kelvin Wong.

* For identification purpose only

• 1 -

No.: 2012-006

Stock Name: Goldwind

Stock Code: 002202

XINJIANG GOLDWING SCIENCE & TECHNOLOGY CO., LTD. PRELIMINARY RESULTS ANNOUNCEMENT FOR 2011

The Company and all members of the board of directors (the “ Board ”) warrant the truthfulness, accuracy and completeness of the contents of this announcement, and there are no false representations, misleading statements contained herein nor material omissions from this announcement.

CAUTION:

The financial information for the year of 2011 contained in this announcement is only the preliminary accounting data that has been reviewed by the internal audit department of the Company but has not been audited by the Company’s auditors. There may be discrepancies between information contained herein and the final data to be disclosed in the annual report. Investors are advised to beware of potential investment risks.

1. Key Financial Information and Indices for 2011

(RMB ten thousands )

	2011	2010	+/-(%)
Revenue from Operations	1,287,062.41	1,759,552.06	-26.85
Profit from Operations	69,780.93	269,059.29	-74.06
Totalprofit	86,443.36	279,971.56	-69.12
Net profit attributable toshareholders of theCompany	60,670.83	228,952.03	-73.50
Basic earnings per share(in RMB)	0.23	0.99	-76.77
Weighted average returnon net assets	4.62%	32.75%	-28.13
	As at 31 December2011	As at 31 December2010	+/- (%)
Total assets	3,194,764.42	2,806,158.35	13.85
Owners’ equityattributable toshareholders of theCompany	1,287,405.91	1,328,898.78	-3.12
Total number of shares(in ten thousand shares)	269,458.80	269,458.80	0.00
Net assets per shareattributable toshareholders of theCompany (in RMB)	4.78	4.93	-3.04

Note: The above information is prepared based on the PRC Accounting Standards.

• 2 -

2. Discussion of Operating Results and Financial Status

During the reporting period, revenue from operations, profits from operations, total profit, net profit attributable to shareholders of the Company, and basic earnings per share declined 26.85%, 74.06%, 69.12%, 73.50%, and 76.77%, respectively, compared with last year. This is mainly due to a decrease in industry growth as well as the market price, resulting in a decrease in the overall results of the Company compared with the same period in 2010.

3. Discussion of Differences with Previously Disclosed Results Forecast

There were no differences between the operating results disclosed in this announcement and the forecasted operating results of 2011 disclosed in the 2011 Third Quarterly Report of the Company.

4. Documents Available for Inspection

• 1. The comparative balance sheet and income statements signed by the Legal Representative of the Company, the Person-in-Charge of Accounting Affairs, and the Head of the Accounting Department of the Company, and is stamped with the corporate seal.
• 1. The internal review report on the preliminary results announcement of the Company for 2011 that has been signed by the Head of the Internal Audit Department.

The Board of Directors Xinjiang Goldwind Science & Technology Co., Ltd.

28 February 2012

• 3 -