DRIVING OUR RENEWABLE FUTURE DRIVING OUR RENEWABLE FUTURE DRIVING OUR RENEWABLE FUTURE Each one of us is pursuing a more beautiful life, and the power to create it is with each of us. Our focus on transforming the world with renewable energy is the key to realizing this beautiful existence. —— Wu Gang, Chairman of Goldwind 4 DRIVING OUR RENEWABLE FUTURE DRIVING OUR RENEWABLE FUTURE 01 01 Overview 02 DRIVING OUR RENEWABLE FUTURE DRIVING OUR RENEWABLE FUTURE 03 For almost a quarter century, Goldwind has been a leader in sustainable development-committed to driving the renewable transformation of the energy system by providing affordable, reliable and clean energy. Goldwind is one of the first companies focused on wind power As a pioneer in China wind power industry, Goldwind has 21 years of development in China. experience Today, with operations in strategic global markets, we are dedicated As of year-end 2018, Goldwind has more than 50GW of installed capacity to leading clean energy development, energy conservation and of wind power, with more than 31,000 wind turbines operating worldwide, environmental protection. over 26,000 of which are Goldwind’s signature permanent magnet direct- drive machines Goldwind has been honored several times as one of the “Top 50 Most Innovative Companies in the World”, “Top 100 Global Goldwind operates on 6 continents, in 24 countries, with more than 8,000 Challengers”, “Best Investor Relations Company” and “China employees globally. Over 2,000 of them are R&D engineers and technicians Top100 Employers”. In 2018, Goldwind was awarded as one of Dual-listed in Shenzhen (A-share code: 002202) and Hong Kong (H-share the “Most Honored Company in Asia” and enlisted in the “Top 50 code: 2208), Goldwind has got investment grade credit ratings from both Companies with Public Responsibilities”. Additionally, Goldwind was S&P and Moody’s, and we are the first enterprise in China who issued also selected as the “Demonstration Enterprise in Green Supply green bonds both in domestic and international markets Chain” and a “Model Company” in Energy Conservation. 21 50GW+ Years of Experience Global Installed Wind Power Capacity 31,000+ 8,000+ Wind Turbine Employees Generators + IPOs 2,000 2 Engineers Shenzhen A-share: 002202 Hong Kong H-share: 2208 04 DRIVING OUR RENEWABLE FUTURE DRIVING OUR RENEWABLE FUTURE 05 Goldwind’s core business resides in three areas Our global footprint also includes: with eight brand units – wind power solutions, internet of energy, and environmental protection. 7 R&D centers, leveraging knowledge from around the world + Suppliers Cooperation with 7 globally renowned 300 institutes and universities to explore future energy trends Collaboration with more than 300 suppliers, focusing on global green supply chain International Over 3,500 domestically (China) recognized business R&D Centers patents, including 1,900 invention patents 7 around the Globe Co-construction of 20 national and local laboratories and engineering centers to enhance our R&D capabilities + Domestically 30 national key research projects and Recognized 3,500 Patents implementation of our mission of energy transformation on a global scale Onshore wind power ns tio lu o S Clean energy r I e n t generation and w e o r service n P e t d o n i f E W n e r Offshore g wind power y Distributed energy system and National Key En + vironmental integrated energy Research Projects Protection service 30 Financial business + Laboratories and 20 Engineering Centers Financial and strategically equity investment Water service investment and technology 06 DRIVING OUR RENEWABLE FUTURE DRIVING OUR RENEWABLE FUTURE 07 02 Wind Power Business and Digital Transformation 08 DRIVING OUR RENEWABLE FUTURE DRIVING OUR RENEWABLE FUTURE 09 Goldwind Smart Wind Turbines The application of smart sensors provides comprehensive data of the turbine’s environment and conditions. Our suite of smart turbines allows for precise positioning and siting, accurate and efficient data for turbine management and control, which enables exceptional performance in High Efficiency a variety of operating conditions. ~5% more efficient than traditional gearbox wind turbines High Reliability >98% machine availability Permanent Magnet Direct Smart wind turbines are Drive technology is at the core the foundation for digital of our smart wind turbines wind farms Grid Friendly Excellent performance in high and low voltage ride-through capability enables flexible control of power Based on machine learning, our wind turbines can assess and make decisions based on the data of the surrounding environment, self conditions and behavioral characteristics. They are able to self-adjust, self-adapt and self-control - enabling maximum efficiency and availability. 10 DRIVING OUR RENEWABLE FUTURE DRIVING OUR RENEWABLE FUTURE 11 With a good command of breakthrough We go where our customers go. Goldwind’s wind turbines are suitable for a wide range of technology trends and development road maps, operating environments and designed to provide business case certainty for our customers. we strive to cover wider application scenarios. Our value-added services focus on four key points: maximum resource utilization, highest turbine efficiency, the lowest LCoE, and full-life-cycle asset management. All of our product platforms hold type- certifications issued by leading certification bodies, including TÜV NORD, Intertek, DNV.GL and China General Certification. Qinghai·China High altitude area 3,010 — 3,081 meters Heilongjiang·China Extreme cold with 2.5S temperatures as low as -30 ℃ 2S Smart wind turbines for low temperatures/high temperatures/ high altitude areas Full range of wind turbines Guizhou·China Extreme weather with freezing rains Smart Wind Shanghai·China Turbine Platforms Ultra-low wind speed regions 5.56 meters per second Ecuador Earthquake zones 3S&4S magnitude 10S 8.0 Onshore and offshore Offshore smart wind turbines smart wind turbines (under development) 6S&8S Pakistan Extreme hot with Offshore smart wind turbines temperatures as high as 45 ℃ 12 DRIVING OUR RENEWABLE FUTURE DRIVING OUR RENEWABLE FUTURE 13 Goldwind Digital Wind Farms Goldwind’s New Wind Power Service Our digital wind farms utilize Internet of By harnessing the power of data, we have redefined wind Things and sensor technology, internet power services. We conduct deep integration of online and communication technology, as well as intelligent monitoring, offline highly efficient implementation, information technology applications and big and service and material networks to upgrade the operation, data analytics to achieve deeper insights, maintenance, material management and efficiency Value of digital wind more comprehensive interfacing and more improvement. We are reshaping the industrial ecosystem to farms yield growth intelligent operations. create a new service model for wind power-safe, intelligent and ranging from more efficient than ever before. ~1% to 3% “New Service” for Wind Power Online Smart Power generation ~5 - 15 Monitoring increase % % Construction period ~5%- 10% reduction Cost reduction ~5%- 10% Business Digital Plan and Digital Engineering Digital Operation Digital Wind Farm Stabilize the Value and Improve the Efficiency to Scenario Design Construction Full Life Cycle Solution Realize Innovation and Value Addition With SOAMTM as its core smart operational system Plan/ Tendering/ Full Life Cycle Digital products Viability Research/ Construction/ Operation FreeMeso Goldfarm (online) and consulting services under intelligent Design Grid Connection and Maintenance BIM+ SOAMTM operational system (offline), we help clients to Offline Highly iDo iGo ...... realize the new model of intelligent operation. Efficient Macro siting 3D modeling Maintenance and repairs Implementation Onshore wind farms Micro siting Process Operations management Online and offline resources and systems will be management Digital platform Detailed wind Life extension optimization fully shared. With the one-stop new services, Offshore measurement Cost management AI Big data wind farms Spare parts IoT Cloud computing efficiency will be improved and new values created. Wind resource Quality and safety assessment management Asset management ...... Distributed Technological support, spare part storage and wind farms Wind turbine selection EPC Business optimization Wind farm design transportation, and human resources will be Smart equipment guaranteed in a timely manner, with the coverage Smart wind turbines Service and Investment Curve Return Curve of service and material network. Material Network 14 DRIVING OUR RENEWABLE FUTURE DRIVING OUR RENEWABLE FUTURE 15 0 Business Innovation and Incubation 16 DRIVING OUR RENEWABLE FUTURE DRIVING OUR RENEWABLE FUTURE 17 Smart Smart campus campus Smart city Goldwind smart campus On the source side On the demand side Accurate prediction Wind power People Things Photovoltaic power Ene rgy fl ow Energy storage AI Smart office …… Big data Cloud computing Smart life Smart manufacturing Starting from our roots in wind power, we have Smart health expanded our capabilities into more renewable Smart management energy applications including Internet of Things, Smart culture environmental protection and water treatment. Energy transmission r te a w We incubate value-added business models in ir, Power r, a C we an innovative way, spanning businesses like grid ooling, heating, po smart agriculture and smart health, widening a new energy landscape in the future. Goldwind Internet of Energy Smart Energy System