Zhi Tong Cai Jing·2025-09-25 06:38Group 1 - The stock price of Goldwind Technology (002202) has increased over 76%, reaching a high of 13.01 HKD, the highest since August 2022, with a year-to-date price doubling [1] - As of the report, the stock is up 7.3%, trading at 13.08 HKD, with a transaction volume of 254 million HKD [1] - Guoyuan Securities indicates that the supply-demand structure of China's wind power industry chain is relatively reasonable, and the profitability of enterprises is good [1] Group 2 - The wind power industry remains in a high boom, with favorable pricing and bidding conditions in the industry chain [1] - Domestic offshore wind construction is continuously advancing, and the export situation for wind power is showing positive trends [1] - Guotai Junan Securities notes that the company's wind turbine business gross margin has significantly improved year-on-year in the first half of this year, primarily due to faster growth in the higher-margin export wind turbine business [1] Group 3 - It is anticipated that as the profitability of domestic wind turbine business gradually recovers, the gross margin of the wind turbine business may further increase [1]