Investment Rating - The report maintains an "Overweight" rating for the power equipment sector [6] Core Insights - The report highlights new opportunities in the photovoltaic industry driven by space solar power initiatives and rising prices of battery components [1][17] - It emphasizes the importance of supply-side reforms and technological advancements in creating long-term growth opportunities within the industry [1][19] - The report identifies key companies to watch in various segments, including supply chain price increases, new technology growth, and perovskite solar cell developments [1][19][21] Summary by Sections Photovoltaics - The price of multi-crystalline silicon n-type raw materials remains stable, with an average transaction price of 59,200 RMB per ton [17] - N-type battery cell prices have increased to 0.42 RMB per watt, with a price range of 0.40-0.43 RMB per watt [17] - The report notes that rising silver prices have led to increased component costs, with distributed component prices now ranging from 0.70 to 0.80 RMB per watt [17] - SpaceX and Tesla plan to achieve a combined solar manufacturing capacity of 200GW annually in the U.S. within three years, with 40GW dedicated to space solar power [1][18] - Key companies to focus on include Tongwei Co., GCL-Poly, LONGi Green Energy, JA Solar, and Trina Solar for supply-side reform opportunities [1][19] Wind Power & Grid - The Netherlands will launch a 1GW offshore wind project tender in September 2026, with a subsidy budget of approximately 32.45 billion RMB [19][20] - Turkey plans to initiate its first offshore wind tender by the end of 2026, aiming for 5GW of installed capacity by 2035 [19][20] - Southern Power Grid has set a fixed asset investment of 180 billion RMB for 2026, focusing on new power system construction and strategic emerging industries [20] - Companies to watch include Goldwind, Yunda, Mingyang Smart Energy, and Sany Heavy Energy in the wind turbine sector [20] Hydrogen Energy - A ceremony for the operation of 300 hydrogen fuel heavy trucks was recently held, showcasing advancements in hydrogen energy technology [3][21] - The trucks are equipped with a 130kW fuel cell system and can achieve a range of over 600 kilometers [3][21] - Key companies in this sector include Shuangliang Energy, Huadian Heavy Industry, and Shenghui Technology [3][21] Energy Storage - The report forecasts that new energy storage installations in China will reach 58.6GW/175.3GWh in 2025, a year-on-year increase of 38%/60% [4][22] - The average bid price for 2-hour energy storage systems is projected to be 0.55 RMB/Wh in 2025, down 16.9% from 2024 [4][22] - Companies to focus on include Sungrow Power, Canadian Solar, and Kehua Data for large-scale energy storage opportunities [4][22] New Energy Vehicles - CATL launched the "Tianxing II" series solutions for light commercial vehicles, including the industry's first intelligent battery management application [5][27] - The solutions cater to various scenarios, including high-frequency urban distribution and extreme temperature conditions [5][27] - Key companies in the battery sector include CATL, Penghui Energy, and Guoxuan High-Tech [5][29]

证券日报网1月23日讯，运达股份（300772）在接受调研者提问时表示，公司深耕浙江并积极布局沿海 省份市场，力争海上风电排名行业领先，形成海风品牌优势及核心竞争力，具体为：一是先后在大连太 平湾、温州洞头两地投资建设海上风电总装基地，形成"一南一北"海上风电基地布局；二是充分发挥浙 江省内资源禀赋优势及省属国企优势，在省内实施谋划一批近、远海风电项目；三是积极关注大连、广 东等地的深远海市场。2025年公司已中标浙江部分深远海项目订单。 ...

Core Viewpoint - The price of wind turbine bidding is expected to slightly increase in 2025 due to several factors including industry self-regulation and a shift towards higher quality standards [2] Group 1: Factors Influencing Price Increase - In October 2024, 12 domestic manufacturers signed a self-regulation agreement aimed at maintaining fair competition in the wind power industry, addressing issues like low-price competition and unfair contract terms [2] - National-level meetings have repeatedly emphasized the need to prevent and address "involution" competition, leading some owners to adjust their bidding rules [2] - There is a growing emphasis on the quality and reliability of wind turbines, with more owners preferring high-quality, high-performance units that optimize cost per kilowatt-hour [2]

证券日报网1月23日讯，运达股份（300772）在接受调研者提问时表示，公司认为新能源电站投资开发 与运营是值得长期布局的：一方面将采用滚动开发的策略，继续推进新能源电站业务开发业务，致力于 实现可持续发展；另一方面将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，实现稳定的回报。 ...

Core Viewpoint - The company is implementing various technological cost-reduction and supply chain optimization measures to improve profitability [1] Group 1: Technological Improvements - The company is advancing key parameter iterative optimization for wind turbine products [1] - The company is working on LAC system load reduction and optimizing blade design [1] - The application of ultra-high torque density gearboxes is part of the design optimization efforts [1] Group 2: Research and Development - The company is extending its research and development to core components such as blades based on accumulated operational data [1] - The company is conducting self-research initiatives to enhance gross margins and cost competitiveness of its main turbine models [1]

南财智讯1月23日电，运达股份在投资者关系活动中表示，公司深耕浙江并积极拓展沿海省份海上风电 市场，已形成'一南一北'基地布局——在大连太平湾和温州洞头投资建设海上风电总装基地；依托浙江 省内资源禀赋及省属国企优势推进近远海项目谋划；同时关注大连、广东等地深远海市场。2025年公司 已中标浙江部分深远海项目订单。 ...

Group 1: Market Trends and Pricing - The bidding prices for wind turbine units are expected to rise slightly in 2025 due to several factors, including the signing of a self-regulatory convention by 12 domestic manufacturers to address unfair competition and low-price bidding issues [2][3] - National meetings have emphasized the need to prevent "involution" competition, leading some owners to adjust their bidding rules [2][3] - There is a growing preference among owners for high-quality, high-performance units with optimal cost per kilowatt-hour [3] Group 2: Cost Reduction and Profitability Improvement - The company aims to improve profitability through enhanced R&D capabilities, product performance, and the development of competitive new products [3] - Key strategies include optimizing critical parameters of wind turbine products, implementing new technologies, and self-research of core components to increase gross margins [3] Group 3: Future Business Development - The company plans to continue investing in and developing renewable energy power stations, focusing on sustainable development and optimizing operational management systems for stable returns [3][4] - In offshore wind power, the company is establishing a leading position in the industry by investing in offshore wind power assembly bases and pursuing projects in coastal provinces [4] Group 4: Growth Drivers - Future growth drivers for the company include ongoing policy support for the renewable energy sector, technological advancements enhancing the strategic position of wind power, rapid expansion in domestic and international markets, increasing industry recognition, and growth in other business segments [4]

证券日报网讯 1月19日，运达股份发布公告称，公司第五届董事会第三十七次会议审议通过《关于聘任 副总经理的议案》。 （文章来源：证券日报） ...

证券日报网讯 1月19日，运达股份发布公告称，公司于2026年1月19日召开了第五届董事会第三十七次 会议审议通过了《关于聘任副总经理的议案》，聘任张丹女士担任公司副总经理，任期自董事会审议通 过之日起至第五届董事会届满为止。 （编辑 任世碧） ...

运达股份公告称，公司于2026年1月19日召开第五届董事会第三十七次会议审议通过相关议案，聘任张 丹女士担任公司副总经理（挂职），任期自董事会审议通过之日起至第五届董事会届满为止。声明：市 场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 ...