企查查APP显示，近日，上海电气风电集团临风新能源有限公司成立，法定代表人为赵立晨，经营范围包含：发电业务、输电业务、供（配）电业务；建设 工程设计；输电、供电、受电电力设施的安装、维修和试验。企查查股权穿透显示，该公司由电气风电（688660）全资持股。 | 止百日 缔造有远见的商业传奇 全国企业信用查询系统 | 上海电气风电集团临风新能源有限公司 | | 8 查一下 | ー 应用 ▼ | 企业中心 = | | --- | --- | --- | --- | --- | --- | | 基本信息 8 | 法律诉讼 | 经营风险 | 经营信息 | 企业发展 | 知识产权 L | | 工商信息 | 历史工商信息 | | | 园 文字介绍 | Ca 工商官网快照▶ 할 글버 | | 统一社会信用代码 | 91310000MAG0PHRU6B | 企业各称 | 上海电气风电集团临风新能源有限公司 | | | | 法定代表人 | 赵立晨 | 登记状态 | 存续 | 成立日期 | 2025-09-26 | | | | 注册资本 | 500万元 | 实缴资本 | | | 组织机构代码 | MAGOPHRU-6 | 工商注 ...

Core Viewpoint - The National Energy Administration has organized the fifth batch of major technical equipment for the energy sector to promote innovation and ensure the safety of the industrial chain and supply chain [1][3]. Summary by Sections Announcement Details - The announcement includes the approval of 82 items of major technical equipment, such as "Converter Valve Based on Self-Controlled IGCT Devices" [3][4]. - Relevant units are urged to expedite the development and application of these technical equipment [3]. Policy Support - Projects utilizing the first set of major technical equipment will be prioritized in planning and approved by investment authorities [4]. - Procurement for these projects can use non-bidding methods like single-source procurement and competitive negotiation with approval from industry authorities [4]. - Support will be provided in areas such as annual online electricity indicators, fuel supply, and regulatory aspects for projects applying these major technical equipment [4]. - A self-evaluation report must be submitted to the National Energy Administration one year after the project goes into operation [4]. List of Major Technical Equipment - The announcement includes a detailed list of the fifth batch of major technical equipment, highlighting various projects and their respective units [6][7][8].

Investment Rating - The report maintains an "Overweight" rating for the power equipment and new energy industry [2] Core Insights - The energy storage system bidding scale in August 2025 saw a month-on-month increase of over 10 times, reaching 17.7GW/45.7GWh, marking a year-on-year growth of 237.1% and 691.4% respectively [5][39] - The power equipment sector has outperformed the CSI 300 index, with a year-to-date increase of 38.91%, surpassing the index by 22.18 percentage points [12][18] - The report highlights significant growth in the grid-side energy storage system, which reached a bidding scale of 18.2GWh in August, reflecting a year-on-year increase of 437.2% and a month-on-month increase of 521.9% [40] Summary by Sections Market Review - As of September 25, 2025, the power equipment industry rose by 8.19% over the past two weeks, outperforming the CSI 300 index by 7.19 percentage points, ranking second among 31 industries [12] - The wind power equipment sector increased by 8.31%, while the battery sector saw a rise of 12.48% [18] Valuation and Industry Data - The power equipment sector's PE (TTM) is 34.90 times, with sub-sectors like the motor sector at 67.83 times and the battery sector at 37.26 times [25] - The report provides detailed valuation metrics for various sub-sectors, indicating a significant premium over historical averages [25] Industry News - The report notes China's commitment to reducing greenhouse gas emissions and increasing the share of non-fossil energy consumption to over 30% by 2035 [39] - It emphasizes the government's push for large-scale applications of energy storage equipment, focusing on safety and efficiency [39] Company Announcements - The report includes announcements from companies like Datang Group regarding a major offshore wind power project and various corporate actions from firms like Goldwind Technology and Longi Green Energy [42][43] Weekly Perspective - The report suggests focusing on leading inverter companies benefiting from the development of new energy storage technologies, highlighting specific companies such as Guodian NARI and Sunshine Power [44]

Group 1 - Wind power equipment sector increased by 2.84% on September 24, with Zhonghuan Hailu leading the gains [1] - Shanghai Composite Index closed at 3853.64, up 0.83%, while Shenzhen Component Index closed at 13356.14, up 1.8% [1] - Key stocks in the wind power equipment sector showed significant price increases, with Zhonghuan Hailu rising by 5.63% to 22.52 and Daqian Heavy Industry increasing by 4.23% to 46.08 [1] Group 2 - The wind power equipment sector saw a net inflow of 98.62 million yuan from main funds, while retail investors experienced a net outflow of 41.83 million yuan [2][3] - Major stocks like Mingyang Smart Energy and Jinfeng Technology also experienced notable trading volumes, with Mingyang Smart Energy trading 610,000 shares and Jinfeng Technology trading 943,900 shares [1][2] - The data indicates a mixed sentiment among different investor types, with main funds showing interest while retail investors were net sellers [3]

Core Points - The stock of Electric Wind Power (688660) closed at 23.71 yuan, up 15.55% on September 23, with a trading volume of 1.295 billion yuan and a turnover rate of 4.53% [2] - The stock was listed on the daily trading list due to its price increase of 15% [2] - The top five trading departments accounted for a total transaction of 196 million yuan, with a net buying amount of 36.23 million yuan [2][3] Trading Activity - The main buying department was the Shanghai-Hong Kong Stock Connect, with a buying amount of 54.67 million yuan, while the total buying from the top five departments was 61.51 million yuan [3] - The main selling department was also the Shanghai-Hong Kong Stock Connect, with a selling amount of 25.20 million yuan, leading to a net buying of 29.47 million yuan for the day [3] - The stock experienced a net inflow of 81.89 million yuan in main funds throughout the day [3] Historical Performance - Over the past six months, the stock has appeared on the trading list nine times, with an average price drop of 0.02% the day after being listed and an average increase of 7.75% in the following five days [3]

Core Insights - On September 23, 2023, the Shanghai-Hong Kong Stock Connect saw its special seats appear in 13 stocks on the Dragon and Tiger list, indicating significant trading activity in these stocks [1][2] - The net buying activity was led by Shanghai Construction Engineering, Electric Wind Power, and Fuda Co., with net buying amounts of 203.87 million, 29.47 million, and 24.44 million respectively [1][2] - Conversely, net selling was observed in Zhejiang University Net New, Shoukai Co., and Jingzhida, with net selling amounts of 101.30 million, 52.81 million, and 46.61 million respectively [1][2] Summary by Category Net Buying Stocks - Shanghai Construction Engineering: Net buying of 203.87 million, with a daily increase of 7.69% and a turnover rate of 24.21% [2] - Electric Wind Power: Net buying of 29.47 million, with a daily increase of 15.55% and a turnover rate of 4.53% [2] - Fuda Co.: Net buying of 24.44 million, with a daily increase of 10.03% and a turnover rate of 10.57% [2] - Other notable net buyers include Galun Electronics and Zhongke Lanyun, with net buying amounts of 11.80 million and 5.26 million respectively [2] Net Selling Stocks - Zhejiang University Net New: Net selling of 101.30 million, with a daily increase of 4.14% and a turnover rate of 29.06% [2] - Shoukai Co.: Net selling of 52.81 million, with a daily decrease of 4.13% and a turnover rate of 17.81% [2] - Jingzhida: Net selling of 46.61 million, with a daily increase of 16.97% and a turnover rate of 10.31% [2] - Other notable net sellers include Electronic City and Haile Co., with net selling amounts of 11.03 million and 0.26 million respectively [2]

Core Viewpoint - The stock of Electric Wind Power has shown significant growth this year, with a year-to-date increase of 127.78% and a recent surge in trading activity, indicating strong market interest and potential investment opportunities [1][2]. Group 1: Stock Performance - As of September 22, Electric Wind Power's stock price reached 20.50 CNY per share, with a trading volume of 5.33 billion CNY and a market capitalization of 273.33 billion CNY [1]. - The stock has experienced a 7.33% increase over the last five trading days, a 10.22% increase over the last 20 days, and a remarkable 136.18% increase over the last 60 days [1]. - The company has appeared on the daily trading leaderboard (龙虎榜) nine times this year, with the most recent appearance on August 28 [1]. Group 2: Financial Performance - For the first half of 2025, Electric Wind Power reported a revenue of 26.64 billion CNY, reflecting a year-on-year growth of 118.61% [2]. - The company recorded a net profit attributable to shareholders of -2.79 billion CNY, which represents a year-on-year increase of 27.89% [2]. Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders for Electric Wind Power was 29,900, a decrease of 2.62% from the previous period [2]. - The average number of circulating shares per shareholder increased by 2.69% to 44,636 shares [2]. - The company has distributed a total of 1.53 billion CNY in dividends since its A-share listing, with no dividends paid in the last three years [3].

Group 1 - The wind power equipment sector remains active, with SANY Heavy Energy and Electric Wind Power rising over 10% [1] - Weili Transmission increased by over 8%, while Guoda Special Materials and Changyou Technology also saw gains [1]

Company Overview - Electric Wind Power Co., Ltd. is located at 115 Caobao Road, Xuhui District, Shanghai, established on September 7, 2006, and listed on May 19, 2021. The company specializes in the design, research and development, manufacturing, and sales of wind power generation equipment, as well as providing aftermarket services [1]. Financial Performance - For the period from January to June 2025, Electric Wind Power achieved operating revenue of 2.664 billion yuan, representing a year-on-year growth of 118.61%. The net profit attributable to the parent company was -279 million yuan, showing a year-on-year increase of 27.89% [2]. - Since its A-share listing, the company has distributed a total of 153 million yuan in dividends, with no dividends distributed in the past three years [3]. Stock Performance - As of September 19, the stock price of Electric Wind Power increased by 2.18%, reaching 19.71 yuan per share, with a trading volume of 158 million yuan and a turnover rate of 0.61%. The total market capitalization is 26.28 billion yuan [1]. - Year-to-date, the stock price has risen by 119.00%, with a recent decline of 1.84% over the last five trading days, a 6.83% increase over the last 20 days, and a 133.25% increase over the last 60 days [1]. Shareholder Information - As of June 30, the number of shareholders of Electric Wind Power was 29,900, a decrease of 2.62% from the previous period. The average number of circulating shares per person increased by 2.69% to 44,636 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the third-largest shareholder, holding 12.128 million shares, an increase of 6.656 million shares compared to the previous period [3]. Market Position - Electric Wind Power is classified under the Shenwan industry as part of the power equipment sector, specifically in wind power equipment and wind turbine manufacturing. The company is associated with several concept sectors, including annual strength, Shanghai state-owned assets, state-owned enterprise reform, margin financing, and mid-cap stocks [1].

Core Viewpoint - The wind power industry in A-shares is experiencing growth in revenue among major wind turbine manufacturers, but net profit shows significant divergence, particularly for Electric Wind Power, which continues to face severe challenges in profitability and operational efficiency [1][2]. Group 1: Financial Performance - In the first half of the year, Electric Wind Power achieved revenue of 2.66 billion yuan, a year-on-year increase of 118.6%, but reported a net profit of -280 million yuan, indicating ongoing losses [1]. - Since its IPO in May 2021, Electric Wind Power's net profits have deteriorated, with losses of -338 million yuan, -1.271 billion yuan, and -785 million yuan projected for 2022 to 2024 [1]. - The company's gross margin for the first half of the year was 14.66%, a decrease of 1.47 percentage points year-on-year, reflecting persistent deep losses since its listing [1]. Group 2: R&D and Innovation - Electric Wind Power increased its R&D investment to 239 million yuan in the first half of 2025, a year-on-year growth of 19.19%, with a R&D expense ratio of 9.0% [1]. - The company added 40 new patents and completed the development of several offshore and onshore turbine models during this period [1]. Group 3: Inventory and Operational Challenges - The company faces significant inventory issues, with impairment losses from inventory expected to reach 155 million yuan and 124 million yuan in 2023 and 2024, respectively [3]. - As of June 2025, the book value of Electric Wind Power's inventory was 4.166 billion yuan, accounting for 86.04% of its net assets, a year-on-year increase of 64% [3]. - The company's inventory turnover days are consistently higher than comparable companies, indicating operational inefficiencies [3]. Group 4: Financial Health and Debt Levels - By mid-2025, Electric Wind Power's debt-to-asset ratio reached 85%, an increase of nearly 7 percentage points year-on-year, marking a historical high for the company [3]. - The company has implemented various measures to address challenges, including switching to onshore product technology routes and optimizing management, but these efforts have not yet reversed the trend of ongoing losses [3].