证券代码：002531 证券简称：天顺风能 公告编号：2025-081 天顺风能（苏州）股份有限公司 2025年第二次临时股东会决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记 载、误导性陈述或者重大遗漏。 特别提示： 1、本次股东会无否决提案的情形； 现场会议召开时间：2025 年 12 月 29 日（星期一）下午 14:00。 网络投票时间： （1）通过深圳证券交易所交易系统进行网络投票的具体时间为：2025 年 12 月 29 日 9:15 至 9:25，9:30 至 11:30 和 13:00 至 15:00； 2、本次股东会不涉及变更前次股东会决议的情形。 一、会议召开和出席情况 （一）会议召开情况 1、会议召开时间： （2）通过深圳证券交易所互联网投票系统投票的具体时间为：2025 年 12 月 29 日上午 9:15 至下午 15:00 期间的任意时间。 2、会议召开地点：上海市长宁区长宁路 1193 号来福士广场 T3 座 12 层； 3、会议召开方式：以现场投票与网络投票表决相结合的方式。 4、会议召集人：公司董事会。 5、会议主持人：公司董事长严俊旭先生。 本次 ...

北京市中伦（上海）律师事务所 关于天顺风能（苏州）股份有限公司 2025 年第二次临时股东会的 法律意见书 二〇二五年十二月 北京市中伦（上海）律师事务所 关于天顺风能（苏州）股份有限公司 2025 年第二次临时股东会的 法律意见书 致：天顺风能（苏州）股份有限公司 北京市中伦（上海）律师事务所（以下简称"本所"）接受天顺风能（苏州） 股份有限公司（以下简称"天顺风能"或"公司"）的委托，指派二名本所律师 通过现场方式对公司 2025 年第二次临时股东会（以下简称"本次股东会"）进行 见证，并就本次股东会的有关事项出具本法律意见书。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、《上市公 司股东会规则》（以下简称"《股东会规则》"）等现行的法律、法规、行政规章和 规范性文件的规定，以及《天顺风能（苏州）股份有限公司章程》（以下简称"《公 司章程》"）的规定，按照律师行业公认的业务标准、道德规范和勤勉尽责精神， 和本所业务规则的要求，对与出具本法律意见书有关的文件资料和事实进行了核 查和验证。 在本法律意见书中，本所律师仅对本次股东会的召集和召开程序、出席本次 股东会人员（但不包含网络投票股东 ...

Core Viewpoint - The article discusses the strategic shift of TianShun Wind Power towards offshore wind energy manufacturing, highlighting the challenges and opportunities in the clean energy sector as the industry transitions from onshore to offshore projects [4][15]. Funding and Project Expansion - TianShun Wind Power plans to raise up to 1.95 billion yuan through a private placement to fund various projects, including the expansion of its Longfeng New Energy Equipment Manufacturing Base and offshore wind equipment manufacturing projects [4][6][7]. - The total investment for the listed projects amounts to approximately 25.2 billion yuan, with the raised funds allocated to specific projects such as the construction of heavy offshore wind equipment and special transport vessels [6][7]. Market Dynamics and Strategic Shift - The company is transitioning from a focus on onshore wind towers, where profit margins have significantly declined, to offshore wind energy, which is seen as a high-growth area due to favorable policies and market conditions [10][15]. - The offshore wind market is characterized by a shift towards deeper waters and more complex structures, requiring advanced project management and risk control capabilities [19][20]. Competitive Landscape - The article notes that the offshore wind sector is becoming increasingly competitive, with traditional wind power manufacturers and new entrants from related industries vying for market share [18][20]. - Companies like Daikin Heavy Industries and Mingyang Smart Energy are also establishing production bases along the coast, indicating a collective industry shift towards offshore wind [15][18]. Economic Viability and Cost Trends - The levelized cost of electricity (LCOE) for offshore wind has decreased by over 60% in the past decade, making it a more economically viable option for energy production [16]. - The article emphasizes the importance of large-scale manufacturing and supply chain management in achieving cost efficiency in offshore wind projects [10][16]. Challenges and Risks - The transition to offshore wind involves significant capital investment and operational complexity, with high fixed costs associated with manufacturing facilities and specialized vessels [22][23]. - The need for precise coordination between manufacturing, port operations, and offshore installation is critical, as any delays can lead to increased costs and contractual penalties [22][23].

Core Viewpoint - The Zhejiang Provincial People's Congress has passed the "Regulations on Promoting High-Quality Development of Marine Economy," which emphasizes the expansion of offshore wind power into deep waters and the development of various clean energy sources, including nuclear and tidal energy [1] Group 1: Offshore Wind Power Development - The current global offshore wind power costs are now economically viable alternatives to traditional fossil fuels, with a favorable carbon emission profile throughout its lifecycle [1] - Offshore wind power projects are advantageous due to their distance from residential areas, minimizing noise and visual pollution, and the absence of road construction limitations [1] - The ability to select optimal wind conditions and higher capacity factor sites enhances the reliability and efficiency of offshore wind power [1] Group 2: Industry Recommendations - The transition from nearshore to deep offshore wind power is underway, with provinces actively promoting demonstration projects to build experience for future large-scale developments [2] - Companies in the submarine cable segment, such as Dongfang Cable, Zhongtian Technology, and Hengtong Optic-Electric, are recommended for investment [2] - In the offshore wind foundation and marine engineering sector, companies like Dajin Heavy Industry, Haili Wind Power, and Tian Shun Wind Energy are highlighted as potential beneficiaries [2] - For turbine manufacturers with sufficient orders, companies like Goldwind Technology, Yunda Co., and Sany Renewable Energy are suggested for attention [2]

（文章来源：证券日报） 证券日报网讯 12月23日，天顺风能在互动平台回答投资者提问时表示，截至12月20日，股东人数82， 440户。 ...

Core Viewpoint - The report highlights a decline in China's wind power generation in October 2025, with a year-on-year decrease of 11.9%, while the cumulative production from January to October 2025 shows a growth of 7.6% compared to the previous year [1]. Group 1: Industry Overview - In October 2025, China's wind power generation reached 73.3 billion kilowatt-hours, marking an 11.9% decrease year-on-year [1]. - The cumulative wind power generation from January to October 2025 totaled 841.67 billion kilowatt-hours, reflecting a 7.6% increase compared to the same period last year [1]. Group 2: Companies Involved - Listed companies in the wind power sector include Jinlun Technology (002202), Mingyang Smart Energy (601615), Yunda Co., Ltd. (300772), Shanghai Electric (601727), and others [1].

Core Viewpoint - TianShun Wind Power (002531.SZ) has announced a private placement plan to raise up to 1.95 billion yuan, focusing on offshore wind power equipment manufacturing, heavy marine engineering equipment dock construction, and special transport vessel acquisition, as a strategic move to pivot from a competitive onshore wind market to offshore opportunities [2][3]. Group 1: Financial Performance - In 2022, TianShun Wind Power reported a revenue of 6.738 billion yuan, a year-on-year decline of 17.49%, and a net profit of 628 million yuan, down 52.03% [3]. - The company showed signs of recovery in 2023 with a revenue of 7.727 billion yuan, a 14.67% increase, and a net profit of 795 million yuan, up 26.53%, attributed to a strategic shift towards offshore wind power [3]. - However, in 2024, the company faced a significant decline with revenue dropping to 4.860 billion yuan, a 37.10% decrease, and net profit falling to 204 million yuan, down 74.29% [4]. Group 2: Strategic Shift to Offshore Wind - The offshore wind market is seen as a key growth area, with domestic planned capacity exceeding 300 million kilowatts and significant global growth expected, with annual additions projected to exceed 30 million kilowatts by 2030 [2][5]. - TianShun Wind Power's strategic transition to offshore wind is supported by a robust policy environment and a growing market, with the company planning to invest the raised funds into five major projects to enhance its offshore capabilities [7]. - The company is adopting a dual approach of "self-built + acquisition" to establish offshore bases in key coastal areas, while also addressing logistical challenges in the offshore wind supply chain [7]. Group 3: Market Dynamics and Challenges - The offshore wind sector is characterized by strong growth potential, with the Global Wind Energy Council forecasting a compound annual growth rate of 28% until 2029 [5]. - Despite the promising outlook, TianShun Wind Power faces challenges such as policy fluctuations, increased competition, and the need for technological advancements in offshore projects [8]. - The company acknowledges that its product pricing and profit margins are sensitive to market demand and competition, which could impact future performance [8].

（编辑 丛可心） 证券日报网讯 12月18日，天顺风能在互动平台回答投资者提问时表示，市值管理的首要任务是准确的 向投资者传递公司的真实信息。公司目前处于业务转型期，有很多困难和挑战，也有未来更大的机遇， 公司全体员工都在尽最大努力迎接这个挑战和机遇，希望投资者能理解。也请广大投资者根据自己的风 险偏好程度，理性投资。 ...

证券日报网讯12月18日，天顺风能（002531）在互动平台回答投资者提问时表示，本次定增尚处预案阶 段，需经交易所审批后开展市场询价，再确定发行股票数量。预案中不超过5.39亿股，并不是最终发行 数量。最终发行股票数量由公司董事会根据股东大会授权，与保荐人(主承销商)结合发行对象申购报价 情况协商确定。发行价格不低于定价基准日(发行期首日)前20个交易日公司股票交易均价的80%。 ...

Group 1 - The company, TianShun Wind Power, stated that the current proposal is only a sample calculation of the price and does not represent the final issuance price [2] - The company aims to continuously enhance its value through performance and orders, ensuring the interests of existing shareholders are safeguarded [2]