| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 300850 | 新强联 | 33.38 | -2.08% | 13.33万 | | 4.46 Z | | 002487 | 大全車工 | 31.76 | -1.52% | 9.59万 | | 3.05亿 | | 300772 | 运达股份 | 12.89 | -1.38% | 15.89万 | | 2.03亿 | | 300185 | 通裕重丁 | 2.88 | -1.37% | 85.89万 | | 2.47亿 | | 300904 | 威力传动 | 53.84 | -1.14% | 1.67万 | | 9117.45万 | | 300690 | 双一科技 | 25.13 | -1.02% | 7.58万 | | 1.91亿 | | 300443 | 金雷股份 | 21.73 | -1.00% | 9.03万 | | 1.95亿 | | 601615 | 明阳智能 | 11.58 | -0.69% | 17.47万 | | 2. ...

Group 1 - The financing balance of the Sci-Tech Innovation Board increased by 115 million yuan compared to the previous day, marking an increase for eight consecutive trading days [1] - As of July 23, the total margin financing balance on the Sci-Tech Innovation Board reached 165.993 billion yuan, with a financing balance of 165.389 billion yuan [1] - There are 435 stocks on the Sci-Tech Innovation Board with a financing balance exceeding 100 million yuan, and 17 stocks have a financing balance over 1 billion yuan [1] Group 2 - The stock with the highest net financing purchase is Shangwei New Materials, with a latest financing balance of 26.818 million yuan, increasing by 94.9546 million yuan, and the stock rose by 19.73% on that day [2] - Other stocks with significant net purchases include Electric Wind Power and Haichuang Pharmaceutical, with net purchases of 66.8525 million yuan and 54.0988 million yuan, respectively [2] - The average increase for stocks with net purchases exceeding 10 million yuan was 0.84%, with Electric Wind Power and Shangwei New Materials leading the gains [2] Group 3 - The industry sectors favored by financing customers include pharmaceuticals, electronics, and machinery, with 13, 12, and 11 stocks respectively [2] - The average ratio of financing balance to circulating market value for stocks with significant net purchases is 4.49%, with Xinyu Ren having the highest ratio at 9.53% [2] - Other stocks with high financing balance ratios include Huahai Chengke, Yangguang Nuohuo, and Yinuosi, with ratios of 8.49%, 8.31%, and 8.00% respectively [2]

Investment Rating - The report maintains an "Outperform" rating for the wind power industry [1] Core Insights - The domestic wind power industry is expected to see long-term demand remain optimistic, with significant cost advantages in electricity generation. The share of wind power development is likely to increase under the backdrop of comprehensive new energy market entry [3][4] - The wind turbine price is expected to rebound due to multiple factors, leading to a recovery in profitability for turbine manufacturers. The competitive landscape is improving as companies focus on profitability rather than just market share [3][25] - Emerging markets are anticipated to experience a turning point in wind power demand, with significant export opportunities for Chinese wind turbines. The export capacity is projected to reach 5.2GW in 2024, a year-on-year increase of 42% [3][25] Summary by Sections Domestic Wind Power Industry Development - The long-term outlook for the domestic wind power industry remains positive, with a projected CAGR of 106% for the retirement of old wind turbines from 2025 to 2030, creating demand for new equipment [3][12] - The average new installed capacity for onshore wind is expected to be 120GW in 2025, while offshore wind is projected at 10GW [12] Wind Turbine Manufacturing Industry - The report highlights a recovery in profitability for wind turbine manufacturers, with a 5%-10% increase in bidding prices for turbines in 2024 [3][25] - The average new installed capacity for onshore and offshore wind turbines is expected to reach 5.9MW and 10.0MW respectively by 2024, reflecting a significant increase from 2020 [20][24] Export Market Potential - The report emphasizes the growing international market for Chinese wind turbines, with a projected CAGR of 44% from 2020 to 2024 for exports [3][25] - The report notes that the international brand influence of Chinese wind turbines has been increasing, leading to a significant rise in overseas orders [3][25] Cost Reduction and Technological Advancements - The average cost of onshore wind power is expected to decrease to 0.1-0.15 yuan/KWh by 2025, down from 1.5 yuan/KWh in 2002, representing an 88% reduction [24] - The average cost of offshore wind power is projected to decline to 0.3 yuan/KWh by 2025, down from 1.3 yuan/KWh in 2009, a 74% decrease [24] Competitive Landscape - The report indicates that the competitive landscape is improving, with a focus on fair competition and self-regulation among manufacturers to mitigate "involution" in the industry [3][42] - The concentration of the wind turbine manufacturing industry is increasing, with the top five manufacturers accounting for 75% of new installations by 2024 [33][34]

Group 1 - The marine economy is a strategic area for the high-quality development of Shantou City, with significant progress in marine resource development and ecological protection [1] - Shantou has built three offshore wind farms, contributing to both economic and ecological benefits, enhancing the marine economy's high-quality development in Guangdong Province and nationwide [1][4] - The offshore wind power industry has become a leading sector in Shantou's new energy landscape since its inception in 2017, with a total installed capacity of approximately 1.2 million kilowatts [4] Group 2 - The Nanao Lemmen I expansion wind farm, developed by Datang Shantou New Energy Co., has a total capacity of 354,000 kilowatts and is notable for using the largest single-unit capacity offshore wind turbines in the region [3] - The construction of the wind farm involved 50 vessels and over 800 personnel, achieving a rapid transition from installation to grid connection in just 93 days [3] - The offshore wind projects are expected to drive the development of related industries, including wind turbine manufacturing, installation, and maintenance, fostering an industrial cluster in Shantou [3][4] Group 3 - The clean energy generated by the offshore wind farms has significant environmental benefits, with the Huaneng Nanao Lemmen II wind farm saving approximately 776,000 tons of standard coal and reducing carbon dioxide emissions by about 2.33 million tons [4] - The Datang Nanao Lemmen I expansion wind farm is projected to save around 360,000 tons of standard coal and reduce carbon emissions by approximately 965,000 tons annually [4] - Shanghai Electric Wind Power Group plays a crucial role in providing high-quality wind turbine equipment for the offshore wind farms and aims to enhance collaboration with major state-owned enterprises to improve technology and project efficiency [5]

证券代码：688660 证券简称：电气风电 公告编号：2025-021 上海电气风电集团股份有限公司 关于董事会、监事会延期换届选举的公告 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、准确性和完整性承担法律责任。 公司第二届董事会、监事会任期将于 2025 年 05 月 31 日届满。鉴于相关换 届工作尚在筹备中，为保证公司董事会、监事会相关工作的连续性和稳定性，公 司董事会、监事会将延期换届，董事会各专门委员会、高级管理人员的任期亦相 应顺延。 在公司换届选举工作完成前，公司第二届董事会及其各专门委员会、第二届 监事会以及高级管理人员将依照《公司法》等法律法规和公司章程等的有关规定， 继续履行各自的职责和义务。 公司董事会、监事会延期换届不会影响公司的正常运营。公司将积极推进并 尽快完成相关换届选举工作，并及时履行信息披露义务。 特此公告。 上海电气风电集团股份有限公司董事会 2025 年 05 月 30 日 1 ...

Meeting Overview - The shareholders' meeting of Shanghai Electric Wind Power Group Co., Ltd. was held on May 23, 2025, at the company's conference room in Xuhui District, Shanghai [1] - A total of 321 ordinary shareholders attended the meeting, holding 839,922,616 voting rights, which represents 62.9942% of the company's total voting rights [1] Voting Results - All non-cumulative voting proposals were approved with significant majority support from ordinary shareholders, with votes in favor ranging from 99.6780% to 99.8279% [2] - Specific voting results include: - Proposal 1: 838,476,313 votes in favor (99.8278%), 1,177,032 against (0.1401%), 269,271 abstentions (0.0321%) [1] - Proposal 2: 838,477,313 votes in favor (99.8279%), 1,179,032 against (0.1404%), 266,271 abstentions (0.0317%) [1] - Proposal 3: 837,570,330 votes in favor (99.7199%), 2,023,380 against (0.2409%), 328,906 abstentions (0.0392%) [1] - Proposal 4: 837,935,640 votes in favor (99.7634%), 1,351,155 against (0.1609%), 635,821 abstentions (0.0757%) [2] Legal Compliance - The meeting was convened and conducted in accordance with legal and regulatory requirements, with the presence of qualified attendees and valid conveners [3]

本所同意将本法律意见书作为公司本次会议公告的法定文件，随公司其他公 告一并提交上海证券交易所审查并予公告。 2024 年年度股东会的法律意见书 致：上海电气风电集团股份有限公司 国浩律师（上海）事务所（以下简称"本所"），接受上海电气风电集团股份 有限公司（以下简称"公司"）的委托，指派本所律师出席公司 2024 年年度股东 会（以下简称"本次会议"），并根据《中华人民共和国公司法》（以下简称"《公 司法》"）、《中华人民共和国证券法》（以下简称"《证券法》"）、《上市公司股东 会规则》（以下简称"《股东会规则》"）以及《上海电气风电集团股份有限公司 章程》（以下简称"《公司章程》"）的规定出具本法律意见书。 本所依据本法律意见书出具日之前已经发生或存在的事实及中国（为出具本 法律意见书之目的，本法律意见书中的"中国"仅指中国大陆地区，不包括香港特 别行政区和澳门特别行政区及台湾地区）现行法律、法规及规范性文件发表法律 意见。 国浩律师（上海）事务所 法律意见书 国浩律师（上海）事务所 关于上海电气风电集团股份有限公司 在本法律意见书中，本所律师仅对本次会议的召集和召开程序、出席会议人 员的资格、召集人的资格 ...

Market Overview - The main funds in the Shanghai and Shenzhen markets experienced a net outflow of 28.926 billion yuan, with the Sci-Tech Innovation Board seeing a net outflow of 2.885 billion yuan [1] - A total of 179 stocks saw net inflows, while 408 stocks experienced net outflows [1] Sci-Tech Innovation Board Performance - On the Sci-Tech Innovation Board, 151 stocks rose while 432 stocks fell [1] - The top three stocks with the highest net inflow were Tianzhun Technology (75.176 million yuan), Hehe Information (62.752 million yuan), and Electric Wind Power (54.244 million yuan) [1][2] - The stock with the largest net outflow was SMIC, which saw a net outflow of 249 million yuan and a decline of 1.09% [1] Continuous Fund Flow Analysis - There are 36 stocks with continuous net inflows for more than three trading days, with Te Bao Biological leading at 12 consecutive days [2] - Conversely, 167 stocks experienced continuous net outflows, with Pioneer Precision seeing the longest streak at 27 days [2] Fund Inflow Rankings - The top stocks by net inflow include: - Tianzhun Technology: 75.176 million yuan, 20.35% inflow rate, 2.33% increase [2] - Hehe Information: 62.752 million yuan, 16.76% inflow rate, 2.03% increase [2] - Electric Wind Power: 54.244 million yuan, 11.98% inflow rate, 5.90% increase [2] Fund Outflow Rankings - The stocks with the largest net outflows include: - SMIC: -249 million yuan, -1.09% decrease [1] - Hengxuan Technology: -201 million yuan [1] - Aerospace Nanhu: -77.4518 million yuan [1]

Core Viewpoint - Shanghai Electric Wind Power Group Co., Ltd. is focusing on high-quality development and sustainable business operations while facing challenges in the domestic and international wind power markets. The company aims to enhance its market competitiveness and improve operational efficiency despite a decline in wind turbine sales prices, resulting in a negative net profit for the year [1][2]. Group 1: Business Performance - In 2024, the company achieved a negative net profit, with earnings per share at -0.59 yuan and a weighted average return on equity of -14.31%, although it managed to reduce losses by 486 million yuan compared to the previous year [2]. - The company has made progress in its fundraising projects, with the implementation of five fundraising investment projects and the extension of the Jiangsu Binhai Testing Base project deadline to December 31, 2025 [2][4]. Group 2: Governance and Compliance - The board of directors held nine meetings and made 51 resolutions, focusing on regular reports, director elections, and quality improvement initiatives [5]. - The independent directors actively participated in meetings and maintained communication with management to ensure compliance with regulations and protect shareholder interests [6][7]. Group 3: Future Plans - The company plans to enhance operational performance by improving core competitiveness, expanding both domestic and international markets, and increasing sales order gross margins [14]. - The board will prioritize value management and improve information disclosure quality to strengthen investor relations and enhance market recognition of the company's value [14][15]. Group 4: Investment and Asset Management - The company completed the transfer of 44,420 square meters of land for offshore wind power development to a subsidiary, with a transaction value of 19.8557 million yuan [10][24]. - The board is committed to optimizing asset allocation and ensuring that all related transactions are conducted fairly and transparently [24][25]. Group 5: Environmental, Social, and Governance (ESG) Initiatives - The company is integrating ESG principles into its strategy and operations, focusing on carbon reduction and sustainable development [15]. - The board aims to enhance ESG information disclosure and improve the company's long-term sustainability capabilities [15].