海锅股份2025年半年报亮眼：扣非净利润激增194% 风电等下游需求持续释放

Financial Performance - In the first half of the year, the company achieved operating revenue of 946.06 million yuan, a year-on-year increase of 49.78% [1] - The net profit attributable to shareholders reached 33.86 million yuan, up 110.98% year-on-year [1] - The net profit after deducting non-recurring gains and losses was 29.44 million yuan, reflecting a year-on-year growth of 194.25% [1] Wind Power Business Growth - The wind power sector is experiencing strong growth driven by policies and technology, with the company providing high-end equipment components for various applications [2] - By 2025, the wind power industry is expected to see increased demand due to installation effects and domestic policy support, leading to steady growth in orders across the supply chain [2] - The company's wind power equipment components generated operating revenue of 395.92 million yuan, a year-on-year increase of 59.64%, accounting for 44.80% of main business revenue [3] Oil and Gas Equipment Recovery - The oil and gas equipment segment also showed robust performance, with operating revenue of 325 million yuan, a year-on-year increase of 20.27% [4] - The growth is supported by the national strategy to increase reserves and production, leading to a rise in demand for high-end equipment in deep-sea and unconventional resource development [4] Global Certification and Smart Manufacturing - The company has obtained certifications from eight major global classification societies and various international quality standards, enhancing its competitiveness in the high-end forging market [5] - The company has a production capacity of 170,000 units per year, supported by flexible manufacturing capabilities and a comprehensive management process [6] - The launch of the intelligent manufacturing line is expected to shorten delivery times and improve responsiveness to customer needs, facilitating expansion into high-value sectors [6] Market Outlook - The company is positioned to benefit from the synergy between renewable and traditional energy equipment sectors, with a continuous increase in the proportion of high-value-added products [6]