Zhi Tong Cai Jing·2025-09-24 04:00Core Viewpoint - Goldwind Technology (金风科技) has seen a significant increase in its stock price, rising over 4% to HKD 12.2, with a trading volume of HKD 100 million, driven by positive outlooks on its wind turbine business margins and recovery prospects [1] Group 1: Financial Performance - The gross margin of Goldwind's wind turbine business has significantly improved year-on-year in the first half of this year, primarily due to faster growth in higher-margin export turbine business [1] - As domestic wind turbine business profitability gradually recovers, the gross margin for the wind turbine segment is expected to further increase [1] Group 2: Market Outlook - UBS expresses greater confidence in the recovery prospects for Goldwind's wind turbine business, anticipating accelerated export growth and a rebound in average selling prices for domestic products, which will drive margin improvement [1] - UBS has raised its target price for Goldwind from HKD 8.5 to HKD 15.5, maintaining its position as a preferred stock in the wind power sector [1]