SEWPG(SH:688660) Zheng Quan Shi Bao Wang·2025-08-26 14:37Core Viewpoint - The company demonstrates strong resilience and strategic positioning in a complex wind power industry environment, achieving significant revenue growth while reducing net losses in the first half of 2025 [1] Group 1: Financial Performance - The company reported a revenue of 2.664 billion yuan, representing a year-on-year increase of 118.6% [1] - The net profit attributable to shareholders was -279 million yuan, a reduction in losses by 108 million yuan compared to the previous year [1] Group 2: Market Dynamics - The wind power industry is experiencing a critical transformation period characterized by demand release and ongoing competition, with national installed wind power capacity reaching 570 million kilowatts, a year-on-year increase of 22.7% [1] - The company secured new orders totaling 5,386.95 MW, a year-on-year increase of 68.5%, with total orders on hand reaching 20,126.25 MW, up 74.8% from the previous year [2] Group 3: International Expansion - The overseas market has become a significant highlight for the company, contributing to revenue growth, with successful projects in Vietnam and Bosnia, and partnerships in the Middle East enhancing its international competitiveness [3] - The company is focusing on high-end and differentiated development strategies, optimizing product development and local operations to capture emerging market opportunities [3] Group 4: Quality and Service Commitment - The company adheres to a "return to the essence" philosophy, emphasizing high-quality products and services to strengthen competitive barriers, with a focus on reliability and cost leadership [4] - The company has established a full-cycle service model aiming for zero faults, complaints, and losses during the project lifecycle, enhancing customer confidence [4] Group 5: Industry Outlook - The wind power industry is entering a new phase of high-quality development driven by quality and efficiency, with strong growth in demand and a favorable market environment for order acquisition [6][7] - The company is well-positioned to leverage its technological and market advantages, along with its quality-driven competitive barriers, to achieve further high-quality development in the future [7]