GoodWe Added to MSCI China A Index

GoodWe, a world-leading PV inverter and energy storage solutions manufacturer (Stock Code: 688390), has announced its inclusion in the MSCI China A Index, effective as of the close of 30 November 2022.

MSCI, a leading provider of critical decision support tools and services for the global investment community, posted the list of additions and deletions from its index for its November 2022 Semi-Annual Index Review. In this review, the MSCI China A Index included 36 Chinese stocks, with GoodWe listed as one of the energy constituents.  

The MSCI indexes are a measurement of stock market performance in a particular area, covering companies with positive operating performance and solid potential. GoodWe has been included in the MSCI China A Onshore Index since November 2021 and has now been added to the MSCI China A Index, reflecting investor sentiment for its promising growth potential and investment value.

As a key player in solar energy markets and capital markets, GoodWe has a track record of comprehensive and quality products and solutions, high market share, and investable market capitalization. The Company employs over 4,000 people and serves customers in more than 100 countries and regions around the world. It was ranked among the top 3 hybrid inverter suppliers by Wood Mackenzie in 2021 and has been a recipient of the TUV Rheinland’s “All Quality Matters” Award for 7 consecutive years.

Prior to this inclusion, GoodWe had also been added to the FTSE Global Equity Index Series. The addition of GoodWe to the MSCI China A Index is another testimony of its long-standing performance in the energy storage industry and a recognition of its competitiveness and strength. This will further enhance its global standing and increase the liquidity of its shares.

GoodWe will continue to achieve breakthroughs in innovation and uphold its vision of being a main driving force in the global energy transition. The company will bring increased value to customers and shareholders and maintain a strong foothold in the industry.

About GoodWe

GoodWe is a world-leading PV inverter and energy storage solutions manufacturer and is listed as a public limited company on the Shanghai Stock Exchange (Stock Code: 688390). With an accumulative delivery of more than two million inverters and installation of 35 GW in more than 100 countries and regions, GoodWe solar inverters have been used in residential and commercial rooftops, industrial and utility scale systems and range from 0.7kW to 250kW. GoodWe has more than 4,000 employees situated in over 20 different countries and is regarded as the Global Top 3 storage inverter supplier by Wood Mackenzie in 2021. For more information, please visit goodwe.com.