Zhi Tong Cai Jing·2025-08-26 02:04Group 1 - The core viewpoint of the news is that Goldwind Technology has shown significant growth in its financial performance, with a notable increase in revenue and profit, driven by strong sales in wind turbine units and components [1][2] - For the six months ending June 30, 2025, the company reported revenue of RMB 28.494 billion, a year-on-year increase of 41.46%, and a net profit attributable to shareholders of RMB 1.488 billion, up 7.26% [1] - The sales revenue from wind turbine units and components reached RMB 21.852 billion, reflecting a 71.15% year-on-year growth, accounting for 76.69% of total revenue [1] Group 2 - The company achieved an external order backlog of 51.8 GW as of June 30, 2025, representing a year-on-year increase of 45.58% [2] - The gross margin for wind turbine and component sales improved by 4.22 percentage points year-on-year, indicating a favorable industry outlook and improving profitability for turbine manufacturers [2] - HSBC Research believes that despite lower profit margins for domestic onshore wind products, the fundamentals of Goldwind's manufacturing business will continue to improve due to strong overseas orders with higher profit margins expected in the coming years [2]