GOLDWIND SCIENCE&TECHNOLOGY CO., LTD. — Capital/Financing Update 2012

Feb 22, 2012

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, 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 announcement.

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OVERSEAS REGULATORY ANNOUNCEMENT ANNOUNCEMENT REGARDING THE COUPON RATE FOR THE DOMESTIC CORPORATE BONDS

This announcement is made pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited .

Reference is made to the announcements of Xinjiang Goldwind Science & Technology Co., Ltd. (the “ Company ”) dated respectively on 19 April 2011, 3 June 2011, 24 June 2011, 18 August 2011 and 6 September 2011, and the circular to the shareholders of the Company dated 9 May 2011 (the “ Circular ”) with regards to, among other things, the proposed issue of Domestic Corporate Bonds. Unless otherwise indicated, capitalised terms used in this announcement shall have the same meaning as those defined in the Circular.

From 1:00 pm to 3:00 pm on 22 February 2012, the Company and the co-lead underwriters carried out an offline price consultation regarding the coupon rate to institutional investors in the PRC. Based on the offline price consultation results, and upon sufficient negotiations and prudent judgment between the Company and the co-lead underwriters, the coupon rate of the 2012 3-year corporate bonds (the first tranche) of Xinjiang Goldwind Science & Technology Co., Ltd. was determined to be 6.63%.

The Company will carry out an offline issue to the institutional investors in the PRC from 23 February 2012 to 27 February 2012.

By order of the Board

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

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Beijing, 22 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

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