GoodWe Added to 2022 FTSE Global Equity Index Series

Leading PV inverter and energy storage firm GoodWe technologies Co., Ltd, has officially confirmed its inclusion in the FTSE Global Equity Index Series. GoodWe was listed and the results have come into effect after stock market closure on March 18. Inclusion in a leading global index like the FTSE GLobal Equity Index series is a strong indicator of a firm’s strength as perceived by market watchers.

The FTSE Russell ranks second in international indexes and provides innovative benchmarking, analytics and data solutions for investors worldwide. The FTSE GEIS includes over 16,000 securities across 48 countries, covering 99% of the investable market globally.FTSE GEIS

To provide  a reliable and credible indicator for stock selection the FTSE GEIS looks at market share, profitability, growth, stability and liquidity. These newly-added China A-share are mostly leading companies in growth industries or growth stocks in mature industries with outstanding financial results in 2021. China A-shares listed in GEIS will increase their visibility and exposure as an international investment base across the global investment community.

GoodWe’s listing on the FTSE GEIS as a growth company validates the company as a relevant player in the global photovoltaic market and capital market, also indicating its ability to satisfy and maintain demanding criteria with respect to liquidity and investable market capitalization. Meanwhile, it also reveals that Chinese photovoltaic industries are gaining incredible momentum and global presence in the age of carbon neutrality.

GoodWe currently has more than 3,000 employees located in 20 different countries and a team of over 600 engineers working at its R&D centers to continuously optimize and advance energy storage technology.The company was ranked one of the world’s Top 10 inverter suppliers by IHS Markit. Having achieved over six consecutive TÜV Rheinland “All Quality Matters” awards and consistently being ranked at the top in terms of overall product quality, GoodWe’s has a comprehensive portfolio of products and solutions for residential, commercial, and utility-scale PV systems