未来风电行业的发展及全产业链各环节的降本仍需依靠关键技术突破带动。 此轮板块异动的直接催化，部分来自于近期行业重磅利好的集中释放。 消息面上，据中国可再生能源学会风能专业委员会消息，正在举行的2025北京国际风能大会暨展览会 （CWP 2025）上，全球1000多家风能企业的代表联合发布《风能北京宣言2.0》，明确了风电产业中长 期发展目标以及需要采取的行动。 《风能北京宣言2.0》设定了清晰的增量路径：提出到中国风电"十五五"期间年新增装机容量应不低于 1.2亿千瓦，相比2020年提出的装机目标，年均装机量翻番。 10月22日盘中，风电设备板块（801736）表现活跃，截至早盘收盘，该板块上涨2.85%。风电整机制造 企业电气风电（688660.SH）以14.99%的涨幅领涨，新强联（300850.SZ）、运达股份（300772.SZ）、 大金重工（002487.SZ）等核心零部件及整机企业均跟涨超过5%。 该宣言对海上风电给予了重点强调，要求其年新增装机容量不低于1500万千瓦，确保2030年中国风电累 计装机容量达到13亿千瓦，到2035年累计装机不少于20亿千瓦，到2060年累计装机达到50亿千瓦。 ...

Core Viewpoint - Yunda Co., Ltd. has seen a stock price increase of 5.03%, reaching 18.36 CNY per share, with a total market capitalization of 14.447 billion CNY as of October 22 [1] Company Overview - Yunda Energy Technology Group Co., Ltd. is located in Hangzhou, Zhejiang Province, and was established on November 30, 2001, with its listing date on April 26, 2019 [1] - The company's main business involves the research, production, and sales of large wind turbine generators, with revenue composition as follows: wind turbine generators 87.54%, new energy EPC contracting 6.36%, others 4.04%, and power generation income 2.06% [1] Shareholder Information - Among the top ten circulating shareholders, one fund from Huaxia Fund holds shares in Yunda Co., Ltd. Huaxia Fuxing Mixed A (000031) held 5.4947 million shares in the second quarter, unchanged from the previous period, accounting for 0.79% of circulating shares [2] - The estimated floating profit for Huaxia Fuxing Mixed A today is approximately 4.8353 million CNY [2] - The fund was established on September 10, 2007, with a current scale of 1.529 billion CNY, yielding 36.67% year-to-date and ranking 1957 out of 8160 in its category [2] Fund Manager Performance - The fund manager of Huaxia Fuxing Mixed A is Zheng Yu, who has a tenure of 19 years and 78 days, with a total fund size of 1.556 billion CNY [3] - Zheng Yu's best fund return during his tenure is 257.96%, while the worst return is -41.47% [3] - The co-manager is Huang Hao, with a tenure of 5 years and 73 days, managing a fund size of 1.556 billion CNY [3] - Huang Hao's best return is 38.65%, and the worst return is -10.85% during his tenure [3] Fund Holdings - Huaxia Fund also has a significant holding in Yunda Co., Ltd. through Huaxia Clean Energy Leader Mixed Initiated A (018918), which held 160,100 shares in the second quarter, representing 3.66% of the fund's net value [4] - The estimated floating profit for Huaxia Clean Energy Leader Mixed Initiated A today is approximately 140,900 CNY [4] - This fund was established on August 22, 2023, with a current scale of 39.8806 million CNY, yielding 20.75% year-to-date and ranking 4167 out of 8160 in its category [4] Fund Manager of Huaxia Clean Energy Leader - The fund manager for Huaxia Clean Energy Leader Mixed Initiated A is Yang Yu, who has a tenure of 4 years and 39 days, managing a total fund size of 8.516 billion CNY [5] - Yang Yu's best return during his tenure is 42.76%, while the worst return is -0.77% [5]

证券日报网讯运达股份（300772）10月20日发布公告，在公司回答调研者提问时表示，2025年1月-6 月，公司新增新能源项目核准/备案权益容量达605.98MW。截至2025年6月末，公司累计权益并网容量 1，203.11MW。公司稳步推进自有新能源电站项目建设进度，不断优化自有电站运营管理体系，2025 年上半年实现发电收入2.24亿元，同比增长31.08%。 ...

Core Viewpoint - The announcement from Yunda Co., Ltd. highlights the impact of various factors on wind turbine pricing, including product type, market environment, and project conditions [1] Industry Summary - In October 2024, at the Beijing Wind Energy Exhibition, 12 domestic manufacturers signed the "Self-Regulatory Convention for Maintaining Fair Competition in the Chinese Wind Power Industry," addressing issues such as vicious low-price competition and unfair contract terms [1] - There is a growing emphasis on the quality and reliability of wind turbines within the industry, leading more owners to prefer high-quality, high-performance units with optimal levelized cost of electricity [1] - As a result of these trends, the bidding prices for wind turbines have seen a slight increase this year [1]

Core Viewpoint - The company aims to lead the offshore wind power industry by leveraging its strengths in Zhejiang and expanding into coastal provinces, establishing a strong brand and core competitiveness in offshore wind energy [1] Group 1: Strategic Initiatives - The company has invested in offshore wind power assembly bases in Dalian and Wenzhou, creating a "north-south" layout for offshore wind power [1] - The company plans to utilize the resource advantages of Zhejiang and its status as a provincial state-owned enterprise to implement several nearshore and farshore wind power projects within the province [1] - The company is actively exploring deep-sea markets in Dalian and Guangdong [1]

（文章来源：证券日报） 证券日报网讯运达股份10月20日发布公告，在公司回答调研者提问时表示，2025年1-6月，公司新增订 单11，974.28MW；截至2025年6月底，累计在手订单45，866.86MW，其中2MW-4MW（不含4MW）风 电机组998.70MW，4MW-6MW（不含6MW）风电机组8，223.24MW，6MW及以上的风电机组36， 644.92MW。 ...

（文章来源：证券日报） 证券日报网讯运达股份10月20日发布公告，在公司回答调研者提问时表示，中国的陆上风电无论在技术 水平还是供应链保障能力上均处于世界一流水平，成本端的优势愈加明显，国际竞争力持续增强，未来 全球很多区域的中国风电机组占比将持续提升。2024年公司海外中标容量同比增长超100%，连续两年 保持翻倍增长，并在中东、北非等市场实现突破，首次获取项目订单。公司未来将加速全球战略布局， 加大海外新业主开拓力度，提升海外订单规模，打造公司未来盈利增长点。 ...

Core Points - The wind power equipment sector experienced a decline of 0.61% on October 20, with Yunda Co. leading the drop [1] - The Shanghai Composite Index closed at 3863.89, up 0.63%, while the Shenzhen Component Index closed at 12813.21, up 0.98% [1] Stock Performance - Feiwo Technology (301232) saw a significant increase of 20.00%, closing at 45.78 with a trading volume of 156,000 shares and a transaction value of 688 million [1] - Pangu Intelligent (301456) increased by 6.76%, closing at 33.80 with a trading volume of 101,700 shares [1] - New Strong Link (300850) rose by 4.06%, closing at 43.35 with a trading volume of 177,100 shares and a transaction value of 756 million [1] - Other notable performers include Shuangyi Technology (300690) up 3.44%, Tian Neng Chuang Gong (300569) up 3.31%, and Guangda Special Materials (688186) up 3.28% [1] Capital Flow - The wind power equipment sector saw a net outflow of 570 million from main funds, while retail investors contributed a net inflow of 598 million [2] - Feiwo Technology (301232) had a main fund net inflow of 14.416 million, but a net outflow from retail investors of 42.7195 million [2] - New Strong Link (300850) experienced a main fund net inflow of 85.8722 million, with a retail net outflow of 101 million [2] - Pangu Intelligent (301456) had a main fund net inflow of 39.8689 million, but a retail net outflow of 52.7244 million [2]

Group 1: Order and Capacity - In the first half of 2025, the company added new orders totaling 11,974.28 MW, bringing the cumulative orders to 45,866.86 MW by the end of June 2025 [2] - The breakdown of cumulative orders includes: - 998.70 MW for wind turbines between 2 MW and 4 MW (excluding 4 MW) - 8,223.24 MW for wind turbines between 4 MW and 6 MW (excluding 6 MW) - 36,644.92 MW for wind turbines of 6 MW and above [2][3] Group 2: Wind Turbine Pricing - Wind turbine prices are influenced by product type, market conditions, and project specifications, with a slight increase in prices observed in 2025 due to heightened focus on quality and reliability [3] Group 3: Offshore Wind Power Development - The company aims to lead the offshore wind power sector by establishing bases in Dalian and Wenzhou, leveraging local resources and state-owned enterprise advantages to develop near and far sea projects [3] Group 4: International Business Growth - The company has seen over 100% year-on-year growth in overseas bidding capacity, achieving breakthroughs in markets such as the Middle East and North Africa, and plans to accelerate global strategic expansion [4] Group 5: Renewable Energy Station Performance - In the first half of 2025, the company secured new renewable energy project approvals/registrations totaling 605.98 MW, with a cumulative grid-connected capacity of 1,203.11 MW by the end of June 2025 [4] - The company achieved a revenue of 224 million CNY from power generation in the first half of 2025, reflecting a year-on-year growth of 31.08% [4]

Core Viewpoint - The wind power equipment sector experienced a significant decline, with a drop of 5.58% on October 17, 2023, led by Yunda Co., which fell by 8.76% [1][2]. Market Performance - The Shanghai Composite Index closed at 3839.76, down 1.95%, while the Shenzhen Component Index closed at 12688.94, down 3.04% [1]. - The wind power equipment sector saw various individual stock performances, with notable declines in several companies [1]. Individual Stock Performance - Yunda Co. (300772) closed at 17.50, down 8.76% with a trading volume of 409,600 shares and a transaction value of 728 million [2]. - Other significant declines included: - Electric Wind Power (688660) down 7.33% to 19.34 with a transaction value of 600 million [2]. - Goldwind Technology (002202) down 6.87% to 14.90 with a transaction value of 2.871 billion [2]. - Conversely, Shuangyi Technology (300690) saw an increase of 6.11% to 39.59, with a transaction value of 955 million [1]. Capital Flow - The wind power equipment sector experienced a net outflow of 1.411 billion from main funds, while retail investors saw a net inflow of 1.446 billion [2].