Investment Rating - The report maintains a "Buy" rating for the company, with an expected increase in net profit for the years 2024-2026 [2]. Core Insights - The company reported a revenue of 9.07 billion RMB for the first three quarters of 2024, representing a year-on-year growth of 21.1%. However, the net profit attributable to shareholders decreased by 33.6% to 685 million RMB [2]. - The third quarter saw a revenue of 3.79 billion RMB, up 5.9% year-on-year and 6.6% quarter-on-quarter, with a net profit of 251 million RMB, marking a 17.6% increase year-on-year and a 49.8% increase quarter-on-quarter [2]. - The comprehensive gross margin for Q3 was 14.9%, slightly down from the first half of the year but showing a year-on-year recovery of approximately 3.4 percentage points, mainly benefiting from stabilized bidding prices in the domestic wind turbine market and increased sales volume [2]. - Inventory and contract liabilities have significantly increased, indicating a potential acceleration in delivery during the peak season at the end of the year [2]. - The company achieved a major breakthrough in the overseas market by signing a sales contract for 1624 MW of wind turbines in India, which is expected to improve the revenue structure and enhance profitability [2]. Summary by Sections Revenue and Profitability - For 2024, the company is projected to achieve a revenue of 22.72 billion RMB, with a growth rate of 52.12%. The net profit is expected to reach 2.21 billion RMB, reflecting a growth rate of 10.17% [4]. - The diluted earnings per share (EPS) for 2024 is estimated at 1.80 RMB, with a projected price-to-earnings (P/E) ratio of 16.02 [4]. Financial Metrics - The company's return on equity (ROE) is forecasted to be 15.69% in 2024, with a P/B ratio of 2.51 [4]. - The operating cash flow per share is expected to be 2.18 RMB in 2024, indicating strong cash generation capabilities [4]. Market Position and Outlook - The report highlights a positive outlook for the company, driven by increased demand in the wind energy sector and improved pricing stability in the domestic market [2]. - The anticipated growth in overseas orders is expected to further enhance the company's revenue quality and profitability [2].

证券时报e公司讯，企查查APP显示，近日，哈尔套南（彰武县）新能源有限公司成立，法定代表人为 余梁为，注册资本100万元，经营范围包含：风力发电技术服务；发电技术服务；技术服务等。 企查查股权穿透显示，该公司由三一重能全资持股。 ...

感谢大家参加本次 大家好欢迎参加三一众能2024年三季度业绩交流会目前所有参会者均处于静音状态下面开始播报声明本次会议服务于邀请参会的广大投资者会议音频及文字进度的内容仅供参会者内部使用不得公开发布三一众能未授权任何媒体转发本次会议相关内容未经允许和授权的转载转发均属侵权 三一重能将保留追究其法律责任的权利三一重能不承担因转载转发而产生的任何损失和责任市场有风险投资需谨慎提醒广大投资者谨慎做出投资决策在会议开始前我们提示各位投资者在主讲嘉宾发言结束后将留有提问时间下面有请主持人公司董事会秘书周立凯先生发言谢谢 各位尊敬的投资者朋友分析师朋友,大家上午好,我是三一重能董事会秘书周立凯,欢迎大家参加三一重能第三季度业绩交流会,今天我们邀请了财务总监张寅先生。 海外营销负责人关峰先生一起与大家交流首先由我来介绍行业和公司的基本情况第一行业情况在国内行业方面2024年1到9月中国风电行业继续保持快速发展的态势全国风电新增并网装机容量39G瓦同比增长16.8%预计到今年年底全国新增装机容量将达到80G瓦左右 今年前三季度招标项目快速增长基本完全统计一到九月行业招标量超过一百个G瓦已接近去年全年招标量预计二零二五年国内新 ...

关于增加 2024 年度闲置自有资金委托理财额度的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 三一重能股份有限公司（以下简称"公司"）于2023年12月29日召开公司第 一届董事会第五十一次会议、第一届监事会第四十三次会议，审议通过《关于2024 年度使用闲置自有资金进行委托理财的议案》，同意公司在不影响主营业务的正 常开展和确保资金安全的前提下，使用最高额度不超过人民币40亿元（含本数） 的暂时闲置自有资金购买安全性高、流动性较好、投资回报相对较好的中低风险 理财产品，期限自2024年1月1日至2024年12月31日。在前述额度及期限范围内， 资金可以循环滚动使用。具体内容详见公司于2024年1月3日披露于上海证券交易 所网站（www.sse.com.cn）的《三一重能关于2024年度使用闲置自有资金进行委 托理财的公告》（公告编号：2024-003）。 为提高公司自有资金使用效率，并根据公司的实际需求，公司于2024年10 月30日召开第二届董事会第十次会议、第二届监事会第八次会议，审议通过《关 于增加202 ...

三一重能股份有限公司 第二届董事会独立董事专门会议第四次会议决议 独立董事认为：公司根据相关业务的实际需求，增加使用暂时闲置自有资金 进行委托理财的额度，是在确保不影响公司正常经营运作及资金安全的前提下实 施的，不会影响公司日常资金周转及公司业务的正常开展，公司使用闲置自有资 金进行委托理财能提高资金使用效率，增加公司资金收益，为公司和股东谋取较 好的投资回报。该事项不会对公司经营活动造成不利影响，不存在损害公司及全 体股东，特别是中小股东利益的情形。因此，全体独立董事一致同意公司增加2024 年度闲置自有资金委托理财额度的事项。 独立董事一致同意该议案，并同意将该议案提交董事会审议。 表决结果：3 票同意，0 票反对，0 票弃权。 三一重能股份有限公司 董事会独立董事专门会议 2024 年 10 月 30 日 1 三一重能股份有限公司（以下简称"公司"）第二届董事会独立董事专门会议 第四次会议于 2024 年 10 月 30 日以通讯会议方式召开，本次会议通知于 2024 年 10 月 26 日通过邮件通知的方式送达各位独立董事。本次会议应出席独立董事 人数为 3 名，实际出席独立董事人数为 3 名，独立董 ...

Financial Performance - The company's operating revenue for Q3 2024 was CNY 3,787,578, an increase of 5.93% compared to CNY 3,575,428 in the same period last year[4]. - Net profit attributable to shareholders for Q3 2024 was CNY 251,280, up 17.56% from CNY 213,754 year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 223,652, a significant increase of 228.69% compared to CNY 68,044 in the same period last year[4]. - Basic earnings per share for Q3 2024 is CNY 0.5707, compared to CNY 0.8660 in Q3 2023, reflecting a decline of approximately 34.1%[23]. - Operating profit for the first three quarters of 2024 was RMB 766 million, a decrease of 29.0% from RMB 1,080 million in the same period of 2023[21]. - Net profit for the first three quarters of 2024 was RMB 685 million, down 33.5% from RMB 1,031 million in 2023[21]. - The total comprehensive income for Q3 2024 is CNY 684,287,000, down from CNY 1,030,013,000 in Q3 2023, indicating a decrease of about 33.5%[23]. Cash Flow - The net cash flow from operating activities was -CNY 402,099, a decrease of 129.51% compared to CNY 1,362,493 in the same period last year[4]. - Cash inflow from operating activities for the first three quarters of 2024 is CNY 11,108,391,000, an increase from CNY 10,518,505,000 in the same period of 2023, representing a growth of about 5.6%[24]. - Cash outflow from operating activities for the first three quarters of 2024 is CNY 14,317,981,000, compared to CNY 9,398,349,000 in 2023, indicating an increase of approximately 52.5%[24]. - The net cash flow from operating activities for the first three quarters of 2024 is -CNY 3,209,590,000, a significant decline from CNY 1,120,156,000 in the same period of 2023[24]. - Cash inflow from investment activities for the first three quarters of 2024 is CNY 740,784,000, down from CNY 3,531,413,000 in 2023, reflecting a decrease of about 79.0%[25]. - Cash outflow from investment activities for the first three quarters of 2024 is CNY 4,777,538,000, compared to CNY 5,511,418,000 in 2023, showing a decrease of approximately 13.3%[25]. - The net cash flow from financing activities for the first three quarters of 2024 is CNY 895,756,000, slightly up from CNY 888,035,000 in 2023[25]. - The ending balance of cash and cash equivalents as of Q3 2024 is CNY 4,616,993,000, down from CNY 8,692,000,000 in the same period of 2023, indicating a decrease of approximately 47.0%[25]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 37,095,347, representing an increase of 11.14% from CNY 33,375,651 at the end of the previous year[5]. - Total liabilities rose to RMB 24,517 million in Q3 2024, compared to RMB 20,582 million in Q3 2023, indicating a growth of 19.0%[18]. - The company reported a significant increase in accounts payable, which reached RMB 7,751 million in Q3 2024, compared to RMB 6,574 million in Q3 2023, an increase of 17.8%[18]. - The company’s long-term borrowings increased to RMB 3,758 million in Q3 2024, compared to RMB 1,135 million in Q3 2023, reflecting a substantial growth of 231.5%[18]. - Non-current assets totaled RMB 11,920 million as of the end of Q3 2024, compared to RMB 10,521 million at the end of Q3 2023, representing an increase of 13.3%[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 10,095[10]. - The largest shareholder, Liang Wengen, holds 560,874,900 shares, representing 45.73% of the total shares[10]. - The company has a total of 1,226,404,215 shares outstanding as of the reporting date[13]. - The number of shares held by the company's repurchase account is 9,689,671, accounting for 0.79% of the total share capital[11]. - The top ten shareholders do not participate in margin financing or securities lending[12]. Research and Development - R&D investment totaled CNY 177,507 in Q3 2024, a decrease of 29.31% from CNY 251,089 in the same period last year[4]. - The proportion of R&D investment to operating revenue was 4.69%, down 2.33 percentage points from 7.02% in the same period last year[4].

证券代码：688349 证券简称：三一重能 公告编号：2024-078 三一重能股份有限公司 第二届监事会第八次会议决议公告 本公司监事会、全体监事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 一、监事会会议召开情况 三一重能股份有限公司（以下简称"公司"或"三一重能"）第二届监事会 第八次会议于 2024 年 10 月 30 日以通讯方式召开。根据《三一重能股份有限公 司章程》（以下简称"《公司章程》"）的规定，本次会议通知于 2024 年 10 月 26 日以邮件方式发送。本次会议应出席监事 3 人，实际出席监事 3 人，会议由监事 会主席丁大伟先生召集和主持，会议召开符合有关法律、法规、规章和《公司章 程》的规定，会议决议合法有效。 二、监事会会议审议情况 （一）审议通过《关于公司 2024 年第三季度报告的议案》 监事会认为：公司《2024 年第三季度报告》根据《上海证券交易所科创板 股票上市规则》《科创板上市公司自律监管指南第 3 号——日常信息披露》等有 关规定，真实、准确、完整地反映了公司 2024 年第三季度的财务状况和经营成 ...

证券代码：688349 证券简称：三一重能 公告编号：2024-077 三一重能股份有限公司 关于签订海外风电机组销售合同的公告 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 一、合同基本情况 二、合同履行对上市公司的影响 上述海外风电机组销售合同的签订，是公司在海外业务订单的重要突破，也 是公司海外业务战略布局阶段性的成果体现，体现了海外客户对公司研发能力、 技术实力和产品质量的充分认可，有利于公司全球化战略的推进。 上述合同属于公司日常经营活动相关合同，预计将会对公司未来年度的业绩 产生较为积极的影响，有利于提升公司的持续盈利能力和海外市场竞争力。 近日，三一重能股份有限公司（以下简称"公司"或"三一重能"）控股子 公司三一风能印度公司分别与印度 JSW 集团下属三家子公司 JSW Renew Energy Three Limited、JSW Renew Energy Nine Limited、JSW Renew Energy Eight Limited 签订了共计 1324MW 风电机组销售合同，与新加坡胜科集团印度 ...

证券代码：688349 证券简称：三一重能 公告编号：2024-076 三一重能股份有限公司 关于以集中竞价交易方式回购公司股份的进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 （二）2024 年 2 月 19 日，公司召开第二届董事会第二次会议，审议通过了《关 于增加回购股份资金总额及调整资金来源的议案》,为维护广大投资者的利益，增 强投资者对公司的投资信心，同意将回购股份资金总额由"不低于人民币 10,000 万元且不超过人民币 20,000 万元"调整为"不低于人民币 30,000 万元且不超过人 民币 50,000 万元"，将回购资金来源由"公司超募资金"调整为"公司超募资金和 自有资金"。除上述增加回购股份资金总额及调整资金来源外，本次回购的其他内 容未发生变化。 具体详见公司于 2024 年 2 月 20 日在上海证券交易所网站（www.sse.com.cn） 披露的《三一重能关于增加回购股份资金总额及调整资金来源的公告》（公告编号： 2024-027）、《三一重能关于以集中竞价交易方式回购公司股份的回购 ...

Investment Rating - The investment rating for SANY Renewable Energy is "Buy - A" with a 12-month target price of 29.12 CNY [3]. Core Views - The wind turbine business has shown significant revenue growth, with a year-on-year increase of 68.1% in wind turbine and accessory revenue, reaching 49.17 billion CNY, which constitutes 93.13% of total revenue [2]. - The company has a robust order backlog, with a total of 15.89 GW of orders as of the end of 2023, supporting sustained revenue growth [2]. - The company's profitability is expected to improve in the second half of 2024, driven by a recovery in gross margin and a reduction in competitive pressure [2][7]. Summary by Sections Financial Performance - In the first half of 2024, SANY Renewable Energy achieved operating revenue of 52.08 billion CNY, a year-on-year increase of 34.88%, and a net profit of 4.34 billion CNY, up 46.92% [1]. - The gross margin and net margin for the first half of 2024 were 16.01% and 8.21%, respectively, reflecting a decline compared to the previous year due to increased competition and delays in project transfers [2][6]. Market Position and Growth - The company outperformed the industry, with domestic land wind sales reaching 3.3 GW, a year-on-year increase of 121%, marking the best delivery performance for the same period [2]. - The trend towards larger wind turbines is evident, with revenue from turbines of 5 MW and above increasing by 173.85% year-on-year, accounting for 80.82% of total revenue [2]. Future Outlook - Revenue projections for 2024-2026 are estimated at 184.2 billion CNY, 230.3 billion CNY, and 284.6 billion CNY, with growth rates of 23.3%, 25%, and 23.6%, respectively [7]. - The net profit for the same period is expected to be 21.1 billion CNY, 25.4 billion CNY, and 30.4 billion CNY, with growth rates of 5.3%, 20%, and 19.8% [7].