FEOC
All Manufacturers

GoodWe

Flagged
🇨🇳 ChinaSuzhou, Jiangsu, ChinaInvertersPublic (SHA: 688390)

Last verified: 2026-04-01

Risk Summary
Country RiskHighHQ in China (covered nation)
Entity List ExposureLowNot on any lists
Ownership RiskHighChinese national owner
Supply Chain RiskHigh9 flagged nodes in 10-node chain
Domestic AlternativeLow10 allied/US options available
View Supply Chain Map
10 nodes · 10links · Interactive visualization

Entity List Screening

ListAgencyStatusYear
BIS Entity ListBureau of Industry and SecurityNot Listed2026
OFAC SDN ListOffice of Foreign Assets ControlNot Listed2026
DOD Section 1260HDepartment of DefenseNot Listed2026
UFLPA Entity ListCustoms and Border ProtectionNot Listed2026
SEC DisclosuresSecurities and Exchange CommissionNot Listed2026
IRS FEOC GuidanceInternal Revenue ServiceNot Listed2026

Ownership Structure

Huang Min (Chinese national, founder)
🇨🇳 ChinaIndividual / Shareholder
GoodWe
🇨🇳 ChinaManufacturer

Source: SEC filings, stock exchange disclosures, corporate registry data. Ownership percentages reflect most recent available disclosure.

Compliance Assessment

Chinese-headquartered inverter manufacturer.

Key Factors

  • Headquartered in China, a covered nation under FEOC rules
  • Ownership: Public (SHA: 688390)
  • No current US domestic manufacturing operations
  • Not listed on any federal entity lists
  • Fast-growing Chinese inverter manufacturer with increasing US market share.

Products & Equipment

String invertersHybrid invertersBattery storage invertersEV chargers

No announced US facility

Clean Alternatives in Inverters

Allied-nation manufacturers in the same product category

Enphase EnergyClean
🇺🇸 United StatesUS Mfg
SolarEdge TechnologiesClean
🇮🇱 IsraelUS Mfg
SMA Solar TechnologyClean
🇩🇪 Germany
Power ElectronicsClean
🇪🇸 Spain
TMEIC (Toshiba Mitsubishi-Electric Industrial Systems)Clean
🌍 Japan / United StatesUS Mfg
Yaskawa Solectria SolarClean
🌍 Japan / United StatesUS Mfg
Fronius InternationalClean
🌍 Austria
Delta ElectronicsClean
🇹🇼 Taiwan

Data Sources

  • IRS FEOC guidance
  • Company disclosures

This information is for reference only and does not constitute legal advice. Compliance determinations should be verified with qualified legal counsel. Entity list data is sourced from publicly available federal databases and may not reflect the most recent updates.