Zhi Tong Cai Jing·2025-08-12 05:45Core Viewpoint - Goldwind Technology (金风科技) is experiencing a strong performance in its wind turbine manufacturing business, with positive developments in offshore wind power and overseas deliveries, although sales from wind farms may be impacted by uncertainties in electricity pricing policies [1] Group 1: Financial Performance - Goldwind's stock price has increased by 74% since the announcement of its first-quarter results, compared to a 13% rise in the Hang Seng Index during the same period [1] - The company is expected to report a 12% quarter-on-quarter increase in net profit for the second quarter, excluding the impact of investment income [1] - For the first half of the year, net profit is projected to decline by 14% year-on-year to 1.2 billion RMB [1] Group 2: Market Outlook - HSBC maintains a "Buy" rating for Goldwind Technology, raising the target price from 7.4 HKD to 9 HKD [1] - The outlook for the wind turbine manufacturing business is expected to improve in the coming years, driven by anticipated growth in overseas orders and higher business profit margins [1] - The company is projected to potentially return to profitability in its wind turbine business during the first half of the year [1]