证券代码：301155 证券简称：海力风电 公告编号：2025-040 公司持股 5%以上股东、董事、总经理沙德权先生保证向本公司提供的信息内容真 实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 江苏海力风电设备科技股份有限公司 关于持股 5%以上股东、董事、高级管理人员 股份减持计划预披露公告 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 持有江苏海力风电设备科技股份有限公司（以下简称"公司"或"本公司"）股 份 21,721,050 股（占本公司总股本比例 9.99%）的股东、董事、总经理沙德权先 生计划自本公告披露之日起 15 个交易日后的 3 个月内通过集中竞价的方式减持 本公司股份累计不超过 2,000,000 股（占本公司总股本比例 0.92%）。 公司于近日收到沙德权先生出具的《关于股份减持计划告知函》，现将具体 情况公告如下： 一、本次减持股东的基本情况 | 股东名称 | 公司任职 | 持股数量 | 占公司总股本的比例 | | --- | --- | --- | --- | | 沙德权 | 董事、总经理 | 21,721,050 | 9.99% | 二、 ...

Group 1 - The company, HaiLi Wind Power, announced that as of the date of the announcement, it and its subsidiaries have no overdue external guarantees [2] - There are no external guarantees involved in litigation or losses due to judgments against guarantees [2]

Investment Rating - The report gives a "Buy" rating for the company, indicating a positive outlook on its stock performance relative to the market benchmark [3][5]. Core Views - The company has shown significant revenue growth, with a 461.08% year-on-year increase in H1 2025, reaching 2.03 billion yuan, and a net profit growth of 90.61% [1]. - The company benefits from the recovery in offshore wind power project commencements, leading to increased product volume and profitability [2]. - The company is well-positioned for future growth due to its proactive capacity expansion and strategic planning for export markets [2]. Summary by Sections Financial Performance - In Q2 2025, the company achieved a revenue of 1.59 billion yuan, a year-on-year increase of 570.63% and a quarter-on-quarter increase of 264.99% [1]. - The net profit for Q2 2025 was 141 million yuan, reflecting a year-on-year growth of 315.82% and a quarter-on-quarter growth of 121.16% [1]. - The overall gross margin for H1 2025 was 17.04%, up by 15.16 percentage points year-on-year, with Q2 2025 gross margin at 17.59% [2]. Business Segments - The company’s revenue from foundation piles, wind turbine towers, and jacket structures in H1 2025 was 1.564 billion yuan, 292 million yuan, and 136 million yuan respectively, with year-on-year growth rates of 1092.63%, 124.14%, and 84.94% [2]. - The gross margins for these segments were 16.30%, 11.91%, and 19.44%, showing significant improvements compared to the previous year [2]. Growth Projections - Revenue projections for 2025-2027 are 5.27 billion yuan, 6.93 billion yuan, and 8.93 billion yuan, with year-on-year growth rates of 288.8%, 31.6%, and 28.8% respectively [3]. - Net profit projections for the same period are 654 million yuan, 952 million yuan, and 1.285 billion yuan, with year-on-year growth rates of 888.5%, 45.6%, and 35.0% respectively [3]. Valuation Metrics - The price-to-earnings (PE) ratios based on the closing market value on September 10, 2025, are projected to be 26.48, 18.18, and 13.47 for 2025, 2026, and 2027 respectively [3].

证券代码：301155 证券简称：海力风电 公告编号：2025-039 江苏海力风电设备科技股份有限公司 关于为关联参股公司提供担保的进展公告 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在任何虚假记载、 误导性陈述或者重大遗漏。 一、关联担保情况概述 江苏海力风电设备科技股份有限公司（以下简称"海力风电"或"公司"）于 2025年6月11日召开第三届董事会第九次会议及第三届监事会第九次会议，于 2025年6月27日召开2025年第二次临时股东大会，审议通过了《关于为参股公司 提供担保暨关联交易的议案》，同意为关联参股公司立洋海洋工程有限公司（以 下简称"立洋海洋"）向银行申请贷款提供共计不超过30,968万元的担保额度， 立洋海洋其余股东按照持股比例为立洋海洋提供同比例担保，同时立洋海洋为公 司本次担保提供反担保。 二、担保额度预计情况 近日，立洋海洋与中国民生银行股份有限公司南通分行（以下简称"民生银 行"）签订《借款变更协议》，公司和中天科技集团有限公司为立洋海洋和民生 银行签订的《固定资产贷款借款合同》（以下简称《借款合同》）/借款凭证等 项下债务提供同比例担保。 公司与民生银行签订了《保 ...

Core Insights - The stock price of Haili Wind Power has increased by 52.59% year-to-date, with a recent rise of 8.28% over the last five trading days [2] - The company reported a significant revenue growth of 461.08% year-on-year for the first half of 2025, reaching 2.03 billion yuan, and a net profit increase of 90.61% [2] Company Overview - Haili Wind Power, established on August 18, 2009, and listed on November 24, 2021, is located in Rudong Economic Development Zone, Jiangsu Province [2] - The company's main business includes the research, production, and sales of wind power equipment components, agricultural machinery, port machinery, and environmental protection machinery [2] - The revenue composition is as follows: 77.04% from foundations, 14.38% from wind power towers, 6.72% from guide frames, and 1.85% from other sources [2] Financial Performance - As of August 29, 2025, Haili Wind Power had 16,000 shareholders, an increase of 7.55%, with an average of 7,685 circulating shares per person, a decrease of 7.02% [2] - The company has distributed a total of 237 million yuan in dividends since its A-share listing, with 41.30 million yuan distributed over the past three years [3] Shareholder Information - As of June 30, 2025, the top ten circulating shareholders include Hong Kong Central Clearing Limited as the eighth largest shareholder with 1.8357 million shares, a new addition [3] - BlackRock China New Horizons Mixed A holds 1.68 million shares, remaining unchanged from the previous period, while GF High-end Manufacturing Stock A has exited the top ten circulating shareholders list [3]

丨证券研究报告丨 公司研究丨点评报告丨海力风电（301155.SZ） [Table_Title] 海力风电：Q2 业绩同比高增，存货历史高位奠 定交付放量基础 报告要点 [Table_Summary] 公司 2025 上半年营业收入 20.3 亿元，同比增长 461.1%；归母净利润 2.1 亿元，同比增长 90.6%；扣非净利润 1.6 亿元，同比增长 61.3%。单季度看，公司 2025Q2 营业收入 15.9 亿 元，同比增长 570.6%；归母净利润 1.4 亿元，同比增长 315.8%；扣非净利润 1.4 亿元，同比 增长 379.9%。 分析师及联系人 [Table_Author] %% %% %% %% research.95579.com 1 邬博华 曹海花 司鸿历 周圣钧 SAC：S0490514040001 SAC：S0490522030001 SAC：S0490520080002 SAC：S0490524120003 SFC：BQK482 SFC：BVD284 请阅读最后评级说明和重要声明 海力风电（301155.SZ） cjzqdt11111 [Table_Title 海力风电：Q22 ...

Group 1 - The core viewpoint of the article is that Huazhong Securities has given a "buy" rating to Haili Wind Power (301155.SZ) based on positive market conditions for domestic offshore wind projects in the first half of 2025, which is expected to drive the company's sales and performance growth [1] - The report highlights that the domestic offshore wind installation is likely to accelerate from 2025 to 2026, positioning the company to benefit from this growth [1] Group 2 - The report mentions specific risks associated with the investment, including the potential for wind power installations to fall short of expectations, project contract delays, and slower-than-expected progress in base construction [1]

Group 1 - The company, HaiLi Wind Power, announced the approval of changes to its business scope and amendments to its articles of association during the 12th meeting of the third board of directors [2] - The company also proposed to convene the fourth interim shareholders' meeting in 2025 [2]

Group 1 - The core viewpoint of the article highlights the recent board meeting of Haili Wind Power, where significant changes to the company's operational scope and articles of association were discussed [1] - For the fiscal year 2024, Haili Wind Power's revenue composition is reported as 96.85% from wind power equipment and 3.15% from other businesses [1] - As of the report, Haili Wind Power has a market capitalization of 17.7 billion yuan [1] Group 2 - The article also mentions the challenges faced by Haidilao, indicating that the survival rate of its sub-brands is below 50% [1]

Group 1 - The company held its 12th board meeting on September 1, 2025, where various resolutions were reviewed and approved [1] - The board approved a proposal to change the company's business scope and amend the articles of association, pending final approval from relevant market supervision authorities [1] - The proposal will be submitted to the company's fourth extraordinary general meeting of shareholders for review, with authorization granted to the board for subsequent business registration and filing [1] Group 2 - The company plans to hold its fourth extraordinary general meeting of shareholders on September 22, 2025, to discuss relevant proposals requiring shareholder approval [2]