DHI(SZ:002487) Zheng Quan Shi Bao Wang·2025-09-10 13:29Core Viewpoint - The company has signed its first offshore wind foundation supply contract under a long-term locked production agreement, amounting to approximately RMB 1.25 billion, which will significantly impact its revenue for 2024 [1][2] Group 1: Contract Details - The contract is with a leading global energy company and involves the supply of large offshore wind monopiles, transition pieces, and ancillary structures [1] - The total contract value is approximately RMB 1.25 billion, representing about 33% of the company's audited revenue for 2024 [1] - The delivery of all products is scheduled to be completed by 2026 [1] Group 2: Background and Significance - This contract is the first specific order under a long-term locked production agreement established in April 2024, which secures up to 400,000 tons of offshore wind foundation manufacturing capacity until the end of 2030 [2] - The successful execution of this contract marks a significant step in the company's long-term cooperation with the client [2] Group 3: Recent Developments - The company has made notable progress in overseas markets, particularly in Europe, with recent successful deliveries [2] - All 45 monopile products for the Nordseecluster offshore wind project in Germany have been delivered, contributing positively to the company's annual performance [2] - The first batch of six monopile foundations for the Inch Cape offshore wind project in Scotland has been shipped, with plans for delivery by the end of 2025 [2]