根据《深圳证券交易所股票上市规则》《深圳证券交易所上市公司自律监管指引第1号一一主板上市公 司规范运作》等有关法律法规、规范性文件和《公司章程》的规定，上述合同属于公司日常经营性合 同，不需要经过公司董事会和股东大会审议，亦无需独立董事发表独立意见。 二、项目概述 该项目位于欧洲，根据合同约定，蓬莱大金将于2026年交付完毕上述单桩产品。 三、交易对手方介绍 登录新浪财经APP 搜索【信披】查看更多考评等级 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 一、合同签署概况 近日，大金重工股份有限公司（以下简称"公司"）全资子公司蓬莱大金海洋重工有限公司（以下简 称"蓬莱大金"）与欧洲某能源企业签署了海上风电单桩基础供应合同（以下简称"本合同"或"合同"）， 蓬莱大金将为欧洲某海上风电项目（以下简称"本项目"或"项目"）提供超大型海上风电单桩产品，合同 总金额折合人民币约4.3亿元，占公司2024年度经审计营业收入的比例约11.38%。 2、类似交易情况：最近三年公司曾与交易对手方发生过类似交易。 四、合同主要内容 1、各方权利义务：业主方综合统筹项目开展，蓬莱 ...

Core Viewpoint - The wind power industry is experiencing a strong recovery in the first half of the year, with several companies in the supply chain reporting positive earnings forecasts, driven by supportive policies, accelerated energy structure transformation, and new growth opportunities in overseas and offshore markets [1][2]. Group 1: Company Performance - Among the 12 listed companies in the wind power supply chain, 7 are expected to report positive earnings, including 5 with profit increases, 1 turning profitable, and 1 maintaining profitability [1]. - GuoDa Special Materials anticipates the highest net profit increase of approximately 367.51% year-on-year, while Daikin Heavy Industries and Jixin Technology expect net profit growth of 227.83% and 188.84%, respectively [1]. - Hewei Electric forecasts a net profit increase of 64.75% for the same period [1]. Group 2: Market Dynamics - The recovery in the wind power industry is attributed to increased demand, particularly in offshore wind markets, and improved capacity utilization in component manufacturing [2]. - Daikin Heavy Industries reports significant growth in overseas business, driven by a shift to a higher value-added delivery model, which has substantially enhanced overall profitability [2]. - Analysts maintain an optimistic outlook for the wind power sector, anticipating continued benefits for component manufacturers due to price stability and cost optimization [2][3]. Group 3: Industry Trends - Factors contributing to the positive outlook include a significant year-on-year increase in new wind power installations, particularly in offshore projects, and improved competitive order within the industry [3]. - The industry is witnessing a rational return and increased concentration, leading to a stabilization of pricing mechanisms and gradual recovery of profitability [4]. - Future growth is expected in both onshore and offshore wind sectors, with technological advancements and policy support creating new opportunities [4].

7月21日晚间，沪深两市多家上市公司发布公告，以下是第一财经对一些重要公告的汇总，供投资者参 考。 【品大事】 江特电机：筹划控制权变更事项 7月22日起停牌 江特电机(002176)公告，公司实控人朱军、卢顺民正在筹划公司控制权变更相关事项，公司股票自7月 22日开市起停牌，预计停牌不超2个交易日。另外，公司全资下属公司宜春银锂拟于近日停产进行设备 检修，停产检修范围为宜春银锂的全部锂盐生产线，预计检修时间26天左右。此次停产检修，预计对全 年经营业绩不会产生重大不利影响。 科瑞技术：拟出售中山科瑞100%股权并转让相关资产 科瑞技术(002957)公告，公司拟将全资子公司中山科瑞自动化技术有限公司（简称"中山科瑞"）100%股 权作价1.56亿元转让给北鼎股份，同时拟将中山科瑞使用募集资金购置的部分专用设备分别作价为 495.13万元、617.32万元出售给公司全资子公司苏州科瑞及科瑞科技。此次交易预计可实现收益约8200 万元。另外，科瑞技术拟以债转股的方式，向科瑞科技增资3亿元。公司基于战略规划将中山科瑞定位 为单一量产基地，随着总部基地的量产能力提升，为减少场地占用、降低运输与管理成本，公司拟出售 ...

三、交易对手方介绍 证券代码：002487 证券简称：大金重工 公告编号：2025-049 大金重工股份有限公司 关于签署欧洲某海上风电场单桩基础供应合同的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、合同签署概况 近日，大金重工股份有限公司（以下简称"公司"）全资子公司蓬莱大金海洋 重工有限公司（以下简称"蓬莱大金"）与欧洲某能源企业签署了海上风电单桩基 础供应合同（以下简称"本合同"或"合同"），蓬莱大金将为欧洲某海上风电 项目（以下简称"本项目"或"项目"）提供超大型海上风电单桩产品，合同总 金额折合人民币约4.3亿元，占公司2024年度经审计营业收入的比例约11.38%。 根据《深圳证券交易所股票上市规则》《深圳证券交易所上市公司自律监管 指引第1号——主板上市公司规范运作》等有关法律法规、规范性文件和《公司 章程》的规定，上述合同属于公司日常经营性合同，不需要经过公司董事会和股 东大会审议，亦无需独立董事发表独立意见。 二、项目概述 该项目位于欧洲，根据合同约定，蓬莱大金将于2026年交付完毕上述单 桩产品。 本合同的履行预计会对公司20 ...

优必选 Walker S2 实现全天候作业 随着国内外企业布局加速&AI 技术突破，人形机器有望迎来量产 落地时点。在降本需求的驱动下，人形机器人核心零部件的国 产替代需求强烈，市场空间广阔，率先取得突破的国内企业有 望深度受益。 2.新能源汽车 证券研究报告|行业研究周报 [Table_Date] 2025 年 7 月 20 日 [Table_Title] 英国放宽 AR7 海上风电准入门槛，关注光储边际变 化 [Table_Title2] 电力设备与新能源行业周观察 [Table_Summary] 报告摘要 1.人形机器人 多款新车即将上市 我们认为，新能源汽车进入深度渗透的阶段，高性价比车型为 销售者带来更好的体验感，是扩大销售规模的核心推动力。新 车型的发布，短期有望推动关键环节排产上升以及国内销量增 长，中长期有助于新能源汽车行业稳健发展，看好核心供应商 相应机遇。 3.新能源 上游原材料价格上涨，价格有望向下传导 反内卷背景下硅料价格大幅上涨，本周硅片、电池片价格均有 所上调，我们认为，应当重视光伏产业链后续顺价逻辑：①上 游原材料价格上调，后续组件价格有望向上，按合理利润测 算，短期具备反弹空间 ...

子行业周度核心观点： 光伏&储能：硅料价格连续上涨后，光伏产业链涨价趋势向中游硅片电池环节成功传导，组件端分布式订单报价及集 采投标价格亦有上浮；本周两家硅料企业先后发布公告澄清市场传闻，或从侧面反映出此轮针对光伏行业"反内卷" 的价格监管力度较大；后续重点关注：价格管控持续性、潜在违规行为处罚力度、涨价后的需求端影响（潜在刺激需 求的对冲政策）、以及更重要的针对供给端的开工率限制/产能淘汰政策。 风电：英国 AR7 CfD 拍卖计划进一步改革落地，改革要求放宽固定式海风项目投标要求并延长中标后的差价合约合同 期限，预计将带动本轮英国海风招标规模超预期，重点推荐有望受益于英国海风招标超预期从而获取订单的大金重工、 东方电缆、明阳智能。 锂电：氧化物聚合物路线的半固态/全固态电池有望率先进入商业化推广。氧化物路线存在电导率较低问题，聚合物 存在常温性能衰减问题，行业内企业分别采用新的技术，突破相关瓶颈，使得氧化物/聚合物固态电池实现较液态电 池更优的安全性，同时不牺牲能量密度、循环寿命、倍率性能，部分性能提升，且成本提升有限，已具备相对明确的 产业化落地前景；另外，锂金属负极的应用也直接打开了氧化物、聚合物电解 ...

近期，风电企业大金重工（002487）、广大特材等公司相继披露半年度业绩预增公告，释放出行业需求 回暖、出货量稳步攀升的信号。同时，记者在调研中获悉，在政策持续引导、行业自律协同等多重因素 共同作用下，风电行业招标价格已呈现回升态势，且这一趋势具备扎实的延续基础。从市场数据看，不 管是从装机规模的持续攀升到风机价格的理性修复，还是从陆上风电的稳步迭代到海上风电的加速突 破，我国风电行业正悄然启动从"粗放式扩张"向"高质量发展"的阶段跨越。头部企业盈利水平的改善， 以及海上风电和海外市场的需求释放，成为当前市场关注的焦点。(上海证券报) ...

Investment Rating - The report maintains a "Strong Buy" rating for the wind power sector, with specific stock recommendations including Jin Feng Technology and Yun Da Co., Ltd. [1][6] Core Insights - The wind power industry is experiencing significant growth, with a 134.21% year-on-year increase in new installations in the first five months of 2025, totaling 46.28 GW [1][27] - The report highlights the successful international expansion of domestic wind turbine manufacturers, with a 43% increase in wind turbine exports in Q1 2025 [2] - The report notes a decline in bidding prices for offshore wind turbines, with an average price of 3266.17 RMB/kW [2][49] Industry Dynamics - The Zhejiang Provincial Development and Reform Commission has issued guidelines for the transitional pricing policy for renewable energy, effective from June 1, 2025 [1][11] - The report tracks stock performance, noting that the wind power equipment index has a TTM P/E ratio of 32.89 and an MRQ P/B ratio of 1.64 [5][15] - The report indicates that the offshore wind power market is expected to grow significantly, driven by new technology and larger turbine sizes [6] Market Performance - The wind power equipment sector saw a price increase of 0.72% during the week of July 7-11, 2025, underperforming compared to the broader market indices [15][20] - The top-performing stocks in the wind power sector included Shangwei New Materials and Jushi Technology, with increases of 72.88% and 8.98%, respectively [22][24] Installation Data - As of May 2025, the cumulative installed capacity of wind power in China reached approximately 567.49 GW, with a year-on-year growth of 23.10% [27][36] - The report details that land-based wind power installations decreased by 7.90% year-on-year in Q1 2025, while offshore installations increased by 42.03% [2][27] Material Prices - The report notes fluctuations in raw material prices, with increases in rebar and scrap steel prices, while copper prices have decreased [39][50] - Specific prices include rebar at 3113 RMB/ton and scrap steel at 2190.60 RMB/ton, reflecting recent market trends [39][44] Tendering and Pricing Trends - A total of 1743.50 MW of wind turbine projects were tendered during the week, with 33 land-based projects totaling 3477.50 MW [49][51] - The report emphasizes the competitive nature of the bidding process, with several leading manufacturers participating [49][52]

Summary of Conference Call Notes Industry or Company Involved - The conference call primarily discusses the telecommunications and electronics industry, with a focus on companies like Zhongtai Telecom and others involved in the supply chain and manufacturing of electronic components. Core Points and Arguments 1. **Market Differentiation**: The industry is experiencing significant differentiation, with some segments showing strong performance while others face challenges. [1] 2. **Pressure in Supply Chain**: The refining stages of the supply chain are under considerable pressure, affecting overall operational capabilities. [2] 3. **Profit Margins**: There is a notable disparity in profit margins, with leading companies maintaining positive margins while non-leading firms struggle with losses. [3] 4. **Demand and Supply Dynamics**: The demand side shows some strength, particularly in the first quarter, but the overall outlook remains cautious due to potential pressures in the second quarter. [3] 5. **Focus on Leading Companies**: Recommendations suggest prioritizing investments in companies with solid reports and proven track records, particularly in the context of ongoing market pressures. [4] 6. **Improvement in Financial Performance**: Companies like Fucai have shown improvements in operational capabilities, driven by strong group dynamics and market positioning. [5] 7. **Market Conditions**: The overall market conditions are expected to remain stable, with a focus on technological advancements and new materials driving future growth. [10] 8. **Regional Performance**: China’s performance aligns with expectations, with significant orders coming from India, the Middle East, and parts of Europe, despite previous high inventory levels. [7] 9. **Emerging Markets**: The demand in emerging markets is increasing, particularly in Europe, where economic conditions are improving. [13] 10. **Future Projections**: The second half of the year is anticipated to see increased shipping volumes, particularly in traditional peak seasons, despite some challenges in the U.S. market. [15] 11. **Valuation and Market Positioning**: Current valuations are seen as attractive, with expectations of recovery as tariff impacts diminish. [16] 12. **Operational Stability**: Companies are maintaining stable operational levels despite low surface margins, indicating resilience in the face of market challenges. [11] 13. **Technological Advancements**: Innovations in technology, particularly in materials like copper and silver paste, are expected to enhance operational efficiencies. [10] 14. **Investment Recommendations**: There is a strong recommendation for investing in companies with robust operational capabilities and market positioning, particularly in the context of ongoing industry changes. [12] 15. **Long-term Growth Potential**: The overall sentiment is optimistic regarding long-term growth, with expectations of significant improvements in operational performance and market share. [20] Other Important but Possibly Overlooked Content 1. **Market Sentiment**: There is a cautious optimism regarding the recovery of the market, with expectations of improved performance in the coming quarters. [17] 2. **Supply Chain Adjustments**: Companies are adjusting their supply chains to better meet the evolving demands of the market, particularly in response to technological changes. [25] 3. **Investment in New Technologies**: There is a focus on investing in new technologies and materials to enhance competitiveness and operational efficiency. [10] 4. **Regional Disparities**: The performance of companies varies significantly by region, with some areas showing stronger growth potential than others. [22] 5. **Future Market Dynamics**: The dynamics of the market are expected to shift, with increased competition and the need for companies to adapt to changing consumer demands. [30]

Summary of Wind Power Industry Conference Call Industry Overview - The wind power industry is expected to see significant growth in 2024, with a notable increase in bidding volumes for wind projects. Although there may be a slight slowdown in onshore wind power at the beginning of 2025, acceleration is anticipated in the second half of the year. [1][3] - Offshore wind power is projected to double its installed capacity by 2025, driven by expedited project approvals. Future focus will be on deep-sea development. [1][4] Key Insights - **Onshore Wind Power**: - Installed capacity is expected to exceed 100GW in 2025, with a year-on-year growth of 25%-30%. This growth is primarily due to a 70%-80% increase in bidding volumes in 2024. [3] - The impact of policy document 136 is expected to cause a temporary decline in bidding in early 2025, but project initiation is expected to accelerate later in the year. [3][10] - **Offshore Wind Power**: - Expected installed capacity for 2025 is between 8-10GW, representing over 100% year-on-year growth. [4] - The approval of offshore wind projects is progressing well, particularly in Jiangsu and Guangdong provinces. [12] - **European Market Opportunities**: - The European offshore wind market presents significant opportunities for Chinese companies, with a 46% year-on-year increase in auction volumes for 2024. [5] - New emerging markets for onshore wind power are also opening up due to declining prices, providing further opportunities for Chinese enterprises. [5] Industry Segments - **Submarine Cables and Towers**: - The submarine cable sector is performing well, with high profit margins maintained. Chinese companies are actively expanding into the European market and securing orders. [1][6] - Tower manufacturing companies, such as Daikin Heavy Industries, are achieving significant profit increases by entering the European market. [2][6][17] - **Wind Turbine Manufacturing**: - Profitability in wind turbine manufacturing is improving due to stabilized domestic prices and high margins in overseas and deep-sea projects. [7] - The overall outlook for profitability in this sector is positive for the coming years. [7] - **Components Sector**: - The components sector is closely tied to onshore projects, with strong performance this year but potential pressure on growth next year due to price increases and market dynamics. [8][22] Challenges and Opportunities - Wind turbine companies face pressure on revenue from the implementation of policy document 136, which may lead to lower electricity prices affecting wind farm revenues. [9][20] - Despite these challenges, companies are increasing their market share overseas, which presents a promising growth avenue. [9][20] Market Trends - The submarine cable market is expected to maintain a compound annual growth rate of 20% from 2025 to 2030, with leading companies strengthening their market positions. [15] - The tower and monopile sectors are seeing significant growth, with overseas unit profitability significantly higher than domestic levels. [17][18] Recommendations - The focus should be on deep-sea and European offshore wind trends, with strong recommendations for companies like Dongfang Cable and Zhongtian Technology due to their expected benefits from high and low voltage cable penetration and overseas orders. [23] - In the onshore wind segment, companies such as Goldwind, Sany, Mingyang, and Yunda are recommended based on domestic and international market dynamics. [23]