HK Stock Market Move | Goldwind Science & Technology (02208) rose more than 7% in intraday trading. Goldwind's Xing'an League 725,000 tons green methanol project has been approved.

Goldwind Science & Technology (02208) rose by more than 7% during trading, as of the time of writing, it has risen by 5.14% to 14.52 Hong Kong dollars, with a turnover of 138 million Hong Kong dollars. On the news front, on February 12th, Goldwind's Xing'an League Green Hydrogen to Green Methanol (Phase III) project was recorded. The project is located in the Xing'an League Economic and Technological Development Zone, with a total investment of 2.3 billion yuan. It is planned to start construction in May 2026, and the project will mainly construct major production facilities such as biomass gasification, methanol synthesis distillation, and supporting ancillary works, with an annual production of 725,000 tons of green methanol. Changjiang previously released a research report stating that during the "14th Five-Year Plan" period, the high-quality development of new energy needs to break through with non-electric utilization, broaden the utilization of new energy, and the application space of green electricity in the chemical, transportation, and metallurgical fields. The investment value of the green hydrogen ammonia alcohol industry chain is promising, with related companies including Goldwind Science & Technology, etc.