国信证券认为，金风科技作为全球风电整体解决方案龙头企业，成功携手马士基与赫伯特等航运企业促 进绿色能源转型。此次顺利投产绿色甲醇产能，为公司从风电解决方案向绿色能源解决方案的战略跃迁 奠定坚实基础。该行预期公司未来把握全球风电长期蓬勃发展的市场机遇，同时通过绿色甲醇打造第二 成长曲线，为公司参与全球绿色能源市场打开广阔空间。 金风科技(02208)早盘涨超5%，截至发稿，涨4.87%，报15.06港元，成交额1.02亿港元。 消息面上，据企业公众号报道，近日，金风绿能化工兴安盟绿氢制50万吨绿色甲醇项目气化炉一次投料 成功，顺利完成气化炉工艺现场验证，气化装置运行稳定，甲醇合成装置已经完成接气，目前该项目流 程已经全线贯通，并成功产出绿色甲醇。据了解，2025年9月国家能源局发布通知，公布了全国绿色液 体燃料技术攻关和产业化试点项目(第一批)名单。经争取，兴安盟金风科技绿氢制50万吨绿色甲醇(一期 25万吨/年)项目位列其中，成为全国首批绿色液体燃料技术攻关和产业化试点之一。 ...

摩根士丹利近期上调中国风电行业评级，其预计"十五五"规划期间，年均新增装机容量将超过110吉 瓦，2028年至2030年期间可达到约120吉瓦。(格隆汇) 港股风电股继续上涨行情，其中，金风科技涨超6%续刷阶段新高，东方电气涨超4%，大唐新能源涨 2%，新天绿色能源涨约1%。 消息上，在全球能源结构向清洁低碳加速转型的背景下，中国风电产业正以全方位领先的姿态，书写着 全球能源变革的 "中国答卷"。国家能源局数据显示，今年上半年，全国风电新增并网容量5139万千 瓦。截至2025年6月底，全国风电累计并网容量达到5.73亿千瓦，同比增长22.7%。 | 代码 | 名称 | | 最新价 | 涨跌幅 ▽ | | --- | --- | --- | --- | --- | | 02208 | 金风科技 | (.) | 15.230 | 6.06% | | 01072 | 东方电气 | | 19.100 | 4.03% | | 01798 | 大唐新能源 | | 2.650 | 1.92% | | 00956 | 新天绿色能源 | | 4.230 | 0.95% | ...

摘要及投资建议 国信证券近日发布风电产业链双周度跟踪：根据国家能源局数据，2025年8月我国新增 风电装机4.17GW，同比+13%；1-8月新增装机容量57.84GW，同比+72.1%；截至2025年8月 末我国累计风电装机579.01GW，占发电装机总容量的15.7%。近两周铜价格价格上涨 3.2%，环氧树脂和玻纤价格环比持平。 以下为研究报告摘要： 【行业要闻】 海风方面，25年上半年江苏、广东重大项目陆续迎来开工。二季度进入交付旺季；25年 是国管海风开发元年，预计规划、竞配、招标、政策下半年有望落地。"十五五"期间年均海 风装机有望超20GW，远超"十四五"水平。陆风方面，25年行业装机有望达100GW创历史新 高，年初以来零部件企业迎来量价齐增，全年业绩有望大幅增长；上半年主机企业国内制造 盈利磨底，随着涨价后订单的陆续交付，三季度交付端将迎来单价和毛利率双重修复。中国 风机出海方兴未艾，25-26年新增订单保持高增，进一步提供利润弹性。 【投资建议】 根据采招网统计，2025年至今，全国风机累计公开招标容量71.7GW（-13%），其中陆 上风机公开招标容量66.4GW（-12%），海上风机公开 ...

The S&P Global Investors have turned more positive on AgenciesLower US interest rates are also buoying green sectors that have traditionally been capital intensive and debt-reliant.The rebound has helped money managers lure capital for green funds. On Tuesday, Brookfield Asset Management said it had raised $20 billion for the world's biggest private fund dedicated to the clean-energy transition. That coincided with an announcement from Resolution Investors LLP that it had launched a global equity climate ...

Core Insights - The wind power sector has shown strong performance in 2023, with nearly 60 wind power concept stocks averaging a price increase of 33.65% year-to-date, while only 7 stocks have recorded declines [1] - Institutions are optimistic about the long-term growth prospects of the wind power sector, predicting that several stocks will continue to experience high growth in net profits in 2025 and 2026, with a consensus forecast of over 20% growth for these years [1] Summary by Company - **Oriental Cable (603606)**: Received ratings from 32 institutions, with predicted net profit growth of 58.83% in 2025 and 31.56% in 2026 [3] - **Dajin Heavy Industry (002487)**: Rated by 28 institutions, with a forecasted net profit growth of 37.31% in 2026 [3] - **Goldwind Technology (002202)**: Rated by 19 institutions, with a projected net profit growth of 27.80% in 2026 [3] - **Haili Wind Power (301155)**: Rated by 16 institutions, with an expected net profit growth of 40.31% in 2026 [3] - **Tianwang Electric (603063)**: Rated by 15 institutions, with a forecasted net profit growth of 20.89% in 2026 [4] - **China National Materials (002080)**: Rated by 13 institutions, with a predicted net profit growth of 29.99% in 2026 [4] - **Mingyang Smart Energy (601615)**: Rated by 12 institutions, with a projected net profit growth of 37.78% in 2026 [4] - **Taisheng Wind Energy (300129)**: Rated by 12 institutions, with an expected net profit growth of 36.87% in 2026 [4] - **Jinlei Co., Ltd. (300443)**: Rated by 11 institutions, with a forecasted net profit growth of 31.77% in 2026 [4] - **Tianshun Wind Energy (002531)**: Rated by 10 institutions, with a predicted net profit growth of 58.06% in 2026 [4]

据了解，金风绿能化工利用兴安盟当地资源禀赋，通过风电制绿氢，再结合玉米秸秆等生物质资源进一 步转化为绿色甲醇。在一期气化炉工艺验证成功的基础上，兴安盟行署与金风绿色能源化工科技（江 苏）有限公司再次签订了二期、三期项目投资协议，后续扩建工程已经进入实施准备阶段，全部完工后 预计总产能达145万吨，为兴安盟"绿色氢氨醇"示范基地建设提供有力支撑。 绿氢制50万吨绿色甲醇项目——气化炉验证现场。（资料图） 该项目一期工程由金风科技全资子公司金风绿能化工(兴安盟)有限公司投资建设，总投资达22.96亿元， 建设规模年产绿色甲醇25万吨，将为全球航运提供第一批规模化绿色甲醇燃料，为下游产业提供更充足 的原材料支持。项目采用先进的环保设施和工艺，确保生产过程中的污染物达标排放，实现经济效益与 环境效益的双赢。截至目前，马士基、赫伯罗特"双子星"联盟分别与金风科技签订绿色甲醇燃料采购协 议，共同推进绿色航运事业的发展。 10月8日，兴安盟行署与金风绿色能源化工科技（江苏）有限公司签订二期、三期项目投资协议。 转自：草原云 10月5日，全球最大绿色甲醇生产项目金风科技兴安盟绿氢制50万吨绿色甲醇项目顺利完成气化炉工艺 验证 ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 金風科技股份有限公司 (於中華人民共和國註冊成立的股份有限公司) 呈交日期: 2025年10月8日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02208 | 說明 | H股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 773,572,399 | RMB | | 1 | RMB | | 773,572,399 | | 增加 / 減少 (-) | | | 0 | | | | RMB | | 0 | | 本月底結存 | | | 773,572,399 | RMB | | 1 | RMB | ...

A global benchmark of clean energy stocks is outperforming major equity indexes and even gold, as investors respond to soaring demand for renewables needed to power the boom in artificial intelligence.The S&P Global Clean Energy Transition Index has surged close to 50 per cent since US President Donald Trump’s April tariff announcements caused havoc across markets. That compares with the roughly 35 per cent gain delivered by both the S&P 500 Index and gold over the same period.Investors have turned more pos ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 金風科技股份有限公司 (於中華人民共和國註冊成立的股份有限公司) 呈交日期: 2025年10月8日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02208 | 說明 | H股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 773,572,399 | RMB | | 1 | RMB | | 773,572,399 | | 增加 / 減少 (-) | | | 0 | | | | RMB | | 0 | | 本月底結存 | | | 773,572,399 | RMB | | 1 | RMB | ...

Investment Rating - The investment rating for the company is "Outperform the Market" (maintained) [2][7]. Core Views - The successful production of green methanol at the 500,000-ton green hydrogen project by Goldwind Technology marks a significant step in the company's transition from wind power solutions to green energy solutions, establishing a solid foundation for future growth [3][8]. - The company is expected to capitalize on the long-term growth opportunities in the global wind power market while leveraging green methanol to create a second growth curve, thus expanding its presence in the global green energy market [3][8]. Financial Projections - The company is projected to achieve net profits of 2.698 billion, 3.673 billion, and 4.496 billion yuan for the years 2025, 2026, and 2027, respectively, representing year-on-year growth rates of +45%, +36%, and +22% [3][9]. - Earnings per share (EPS) are expected to be 0.64, 0.87, and 1.06 yuan for the same years, with dynamic price-to-earnings (PE) ratios of 23.4, 17.2, and 14.1 times [3][9]. Project Highlights - The green methanol project is recognized as one of the first batch of national pilot projects for green liquid fuel technology, which will receive priority support in terms of manufacturing loans and policy incentives [4]. - The project utilizes corn straw as the gasification raw material, producing 70,000 Nm3/h of synthesis gas, making it the largest biomass gasifier in the world in terms of single furnace scale [4].