Ge Long Hui A P P·2025-09-28 06:57Core Viewpoint - The report from Changjiang Securities indicates that Goldwind Technology's Q2 performance exceeded expectations, marking the beginning of a profit upturn in the wind turbine sector [1] Company Summary - Goldwind Technology's core wind turbine business is experiencing positive marginal changes, with continuous improvement in profitability [1] - The company is expected to show strong performance in its 2025 semi-annual report, driven by favorable changes in its wind turbine business [1] - The wind turbine industry is anticipated to reach a profit recovery inflection point in the second half of 2025 [1] - The large-scale wind turbine production has stabilized, and the company has a sufficient backlog of orders, indicating a potential profit turning point [1] Industry Summary - In the medium to long term, the overseas wind power installation market is expected to accelerate, providing significant opportunities for wind turbine exports [1] - The company has accumulated years of overseas performance and has accelerated the realization of new signed orders, which may open up long-term growth potential [1] - The company operates a large-scale power station and is actively promoting the construction of new power stations, as well as developing integrated wind-hydrogen-ammonia projects, which are expected to support profitability [1]