Core Viewpoint - Dongfang Electric announced the establishment of a joint venture with Waneng Energy, leveraging the 100% equity stake of Muli Dongji New Energy Co., Ltd. to enhance resource sharing and risk management in the wind energy sector [1] Group 1: Joint Venture Details - The joint venture, named Muli Wandong New Energy Co., Ltd., will be co-established by Dongfang Electric Wind Power Co., Ltd. and Waneng Energy, with Dongfang Electric holding 49% and Waneng Energy holding 51% [1] - The registered capital of the joint venture is approximately 1.85683 billion yuan, with Dongfang Electric contributing the 100% equity stake of Muli Dongji valued at approximately 909.85 million yuan based on an asset evaluation report [1] Group 2: Project Objectives - The joint venture aims to advance the 1 million kilowatt technology innovation experimental wind farm project in Muli, promoting resource complementarity and shared risk [1] - The partnership is expected to enhance the strategic positioning of both companies in the renewable energy market [1]

东方电气公告，东方电气的控股子公司东方电气风电股份有限公司与安徽省皖能能源交易有限公司共同 成立合资公司，东方风电持股49%，皖能能源持股51%。合资公司注册资本为：18.57亿元，东方风电以 木垒东吉新能源有限公司100%股权作价出资，根据北京天健兴业资产评估有限公司出具的资产评估报 告，基于评估基准日2025年6月30日，木垒东吉新能源有限公司评估后的股东全部权益价值为9.1亿元， 皖能能源以9.47亿元现金出资。 ...

证券之星消息，11月17日风电设备板块较上一交易日下跌1.74%，电气风电领跌。当日上证指数报收于 3972.03，下跌0.46%。深证成指报收于13202.0，下跌0.11%。风电设备板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 301557 | 常友科技 | 117.58 | 6.12% | 1.96万 | | 2.27亿 | | 300850 | 新强联 | 51.03 | 2.86% | 20.26万 | | 10.16亿 | | 301163 | 宏德股份 | 30.10 | 1.83% | ● 1.58万 | | 4735.78万 | | 300185 | 通裕重工 | 3.18 | 1.27% | 116.90万 | | 3.70亿 | | 603985 | 恒润股份 | 15.75 | 1.22% | 6.97万 | | 1.09亿 | | 600072 | 中船科技 | 12.13 | 0.92% | 17.12万 | | 2.08亿 | ...

Market Overview - The wind power equipment sector experienced a decline of 0.66% on November 14, with Delijia leading the drop [1] - The Shanghai Composite Index closed at 3990.49, down 0.97%, while the Shenzhen Component Index closed at 13216.03, down 1.93% [1] Stock Performance - Changyou Technology (301557) saw a significant increase of 7.78%, closing at 110.80 with a trading volume of 16,700 lots and a transaction value of 182 million [1] - Pangu Intelligent (301456) rose by 4.20%, closing at 31.50 with a trading volume of 74,300 lots and a transaction value of 229 million [1] - Other notable performers included Hongde Co. (301163) with a 1.30% increase and Zhonghuan Hailu (301040) with a 0.84% increase [1] Declining Stocks - Delijia (603092) led the decline with a drop of 4.92%, closing at 62.48 with a trading volume of 73,200 lots and a transaction value of 46.4 million [2] - Other stocks that declined included Weili Transmission (300904) down 2.36% and Mingyang Smart Energy (601615) down 2.03% [2] Capital Flow - The wind power equipment sector saw a net outflow of 157 million from institutional investors, while retail investors contributed a net inflow of 36.27 million [2] - The sector's capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors showed some interest [2] Individual Stock Capital Flow - Hewei Electric (603063) had a net inflow of 89.62 million from institutional investors, but a net outflow of 72.91 million from retail investors [3] - Pangu Intelligent (301456) experienced a net inflow of 14.43 million from institutional investors, while retail investors showed a net outflow of 1.33 million [3] - Overall, the capital flow data reflects varying levels of investor confidence across different stocks within the sector [3]

Core Insights - The wind power equipment sector experienced a rise of 1.17% on November 13, with Hewei Electric leading the gains [1] - The Shanghai Composite Index closed at 4029.5, up 0.73%, while the Shenzhen Component Index closed at 13476.52, up 1.78% [1] Stock Performance - Hewei Electric (603063) closed at 32.17, with a gain of 5.23% and a trading volume of 466,200 shares, amounting to a transaction value of 1.484 billion [1] - Changyou Technology (301557) closed at 102.80, up 4.44%, with a trading volume of 11,000 shares [1] - Jixin Technology (601218) closed at 5.99, gaining 2.74% with a trading volume of 1,334,800 shares [1] - Goldwind Technology (002202) closed at 15.35, up 2.47%, with a trading volume of 898,400 shares [1] - Other notable stocks include Tiensun Wind Power (002531) and Daqian Heavy Industry (002487), with respective gains of 1.50% and 1.39% [1] Capital Flow - The wind power equipment sector saw a net outflow of 66.1885 million from institutional investors, while retail investors contributed a net inflow of 249 million [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their positions [2] Individual Stock Capital Flow - Hewei Electric experienced a net inflow of 18.7 million from institutional investors but saw a net outflow of 112 million from speculative funds [3] - Daqian Heavy Industry had a net inflow of 57.5975 million from institutional investors, while speculative funds saw a net outflow of 41.7643 million [3] - Jixin Technology had a net inflow of 21.1361 million from institutional investors, with a net outflow of 39.1975 million from speculative funds [3]

Core Viewpoint - The stock of Electric Wind Power has shown significant volatility, with a year-to-date increase of 106.11%, but recent declines in the short term raise questions about future performance [1][2]. Company Overview - Electric Wind Power, established on September 7, 2006, and listed on May 19, 2021, is based in Xuhui District, Shanghai. The company specializes in the design, research and development, manufacturing, and sales of wind power generation equipment, along with aftermarket services [1]. - The revenue composition of the company includes 92.60% from product sales, 5.29% from service provision, 1.42% from electricity sales, and 0.68% from other sources [1]. Financial Performance - For the period from January to September 2025, Electric Wind Power reported a revenue of 4.262 billion yuan, reflecting a year-on-year growth of 35.96%. However, the net profit attributable to shareholders was -732 million yuan, a decrease of 53.51% compared to the previous year [2]. - Since its A-share listing, the company has distributed a total of 153 million yuan in dividends, with no dividends paid in the last three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders for Electric Wind Power increased by 38.54% to 41,400, while the average circulating shares per person decreased by 27.82% to 32,218 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 11.7149 million shares, a reduction of 413,100 shares from the previous period. Additionally, Southern CSI 1000 ETF is a new fifth-largest shareholder with 4.8789 million shares [3]. Market Activity - The stock price of Electric Wind Power rose by 2.04% to 18.55 yuan per share, with a trading volume of 177 million yuan and a turnover rate of 0.73%. The total market capitalization stands at 24.733 billion yuan [1]. - The stock has appeared on the daily trading leaderboard ten times this year, with the most recent appearance on September 23, where it recorded a net purchase of 36.2308 million yuan [1].

Group 1 - The stock price of Shanghai Electric Wind Power fell by 5.19% to 18.28 CNY per share, with a trading volume of 326 million CNY and a turnover rate of 1.29%, resulting in a total market capitalization of 24.373 billion CNY [1] - Shanghai Electric Wind Power, established on September 7, 2006, and listed on May 19, 2021, specializes in the design, research and development, manufacturing, and sales of wind power generation equipment, as well as providing aftermarket services [1] - The company's revenue composition includes 92.60% from product sales, 5.29% from service provision, 1.42% from electricity sales, and 0.68% from other sources [1] Group 2 - Huatai Bairui Fund has one fund heavily invested in Shanghai Electric Wind Power, with the Kexin 200 (588230) holding 441,000 shares, accounting for 1.19% of the fund's net value, making it the sixth-largest holding [2] - The Kexin 200 fund was established on December 16, 2024, with a current scale of 858 million CNY and has achieved a year-to-date return of 52.14%, ranking 519 out of 4216 in its category [2] Group 3 - The fund manager of Kexin 200 is Li Muyang, who has been in the position for 4 years and 311 days, managing total assets of 29.856 billion CNY, with the best fund return during his tenure being 145.13% and the worst being -34.5% [3]

Core Viewpoint - The stock of Electric Wind Power has experienced a decline of 2.07% on November 11, with a current price of 18.88 CNY per share, despite a year-to-date increase of 109.78% [1] Group 1: Stock Performance - As of November 11, Electric Wind Power's stock price is 18.88 CNY, with a market capitalization of 25.173 billion CNY [1] - The stock has seen a net outflow of 13.6756 million CNY in principal funds, with significant buying and selling activity [1] - Year-to-date, the stock has risen by 109.78%, but has declined by 3.58% over the last five trading days [1] Group 2: Financial Performance - For the period from January to September 2025, Electric Wind Power reported revenue of 4.262 billion CNY, a year-on-year increase of 35.96%, but a net profit loss of 732 million CNY, a decrease of 53.51% compared to the previous year [2] - The company has not distributed any dividends in the last three years, with a total payout of 153 million CNY since its A-share listing [3] Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Electric Wind Power has increased by 38.54% to 41,400 [2] - The average number of circulating shares per shareholder has decreased by 27.82% to 32,218 shares [2] - Hong Kong Central Clearing Limited is the third-largest circulating shareholder, holding 11.7149 million shares, a decrease of 413,100 shares from the previous period [3]

Core Insights - The company reported a total of 8,397.85 MW in new orders as of September 30, 2025, representing a year-on-year increase of 17.49% [1] - The cumulative backlog of orders reached 22,200.20 MW, which is a 52.41% increase compared to the same period last year [1] - Among the total orders, 3,512.05 MW are awarded but not yet contracted, while 3,592.45 MW are still pending contract signing [1]

Core Viewpoint - The company is committed to high-quality development, focusing on core business operations while expanding market scale and enhancing technological innovation capabilities [1] Group 1 - The management team aims to improve operational management comprehensively, enhancing the quality and efficiency of operations [1] - The company implements performance-based assessments for its management, with a focus on value contribution as the guiding incentive target [1] - A scientific and effective incentive and constraint mechanism has been established to support the management's performance [1]