Zhi Tong Cai Jing·2025-09-10 07:08Core Viewpoint - UBS has increased its confidence in the recovery prospects of Goldwind Technology's wind turbine business, leading to a target price adjustment from 8.5 HKD to 15.5 HKD, maintaining a "Buy" rating and identifying it as a preferred stock in the wind power sector [1] Financial Performance - In the first half of the year, Goldwind Technology achieved a revenue of 28.494 billion RMB, representing a year-on-year increase of 41.46% [1] - The company's net profit attributable to shareholders was 1.488 billion RMB, an increase of 7.26% year-on-year [1] - Revenue from the sales of wind turbines and components reached 21.852 billion RMB, a year-on-year growth of 71.15%, accounting for 76.69% of total operating revenue [1] Market Outlook - UBS forecasts an acceleration in export growth and a rebound in the average selling price of domestic products, which will drive profit margin improvements [1] - The gross profit forecast for the wind turbine business has been raised by 13%, 22%, and 26% for the years 2025 to 2027, while maintaining a roughly stable sales volume forecast [1]