DHI(SZ:002487) Chang Jiang Shang Bao·2025-09-11 23:33Core Viewpoint - Daikin Heavy Industries, a leading global offshore wind power equipment manufacturer, has secured significant overseas contracts, indicating strong growth potential and operational stability for the company [1][3][7]. Group 1: Recent Contracts and Orders - Daikin Heavy Industries' subsidiary, Penglai Daikin, signed a contract with an overseas offshore wind developer for a total amount of approximately RMB 12.5 billion, which represents about 33% of the company's audited revenue for 2024 [3][4]. - The company has accumulated over RMB 100 billion in overseas offshore engineering orders, primarily scheduled for delivery in the next two years [2][7]. - In July, Daikin Heavy Industries secured a contract worth approximately RMB 4.3 billion for the supply of offshore wind turbine foundations for a European project [1][5]. Group 2: Financial Performance - For the first half of 2025, Daikin Heavy Industries reported a revenue of RMB 28.41 billion, a year-on-year increase of 109.48%, and a net profit of RMB 5.47 billion, up 214.32% [10][11]. - The company's export offshore engineering business saw a shipment volume that doubled year-on-year, with export revenue accounting for nearly 80% of total revenue, reflecting a significant growth of nearly 200% [11]. - As of June 30, 2025, the company had a cash balance of RMB 3.341 billion and total liabilities of RMB 1.323 billion, indicating a strong financial position [11]. Group 3: Market Response and Stock Performance - Following the announcement of large orders, Daikin Heavy Industries' stock price increased by 2.02% to RMB 41.41 per share, with a total increase of approximately 108.47% since April 7, 2025 [8][9]. - Fund holdings in Daikin Heavy Industries increased by approximately 51.98 million shares from March to June 2025, indicating growing investor confidence [9].