Zhi Tong Cai Jing·2025-10-30 03:49Core Viewpoint - Goldwind Technology (金风科技) shares rose over 9% in early trading, currently up 6.7% at HKD 13.86, with a trading volume of HKD 364 million, driven by positive industry outlook and strong financial performance [1] Industry Summary - The Beijing International Wind Energy Conference released the "Wind Energy Beijing Declaration 2.0" on October 20, proposing an annual new installed capacity of no less than 120 GW during the 14th Five-Year Plan, with offshore wind power accounting for at least 15 GW; by 2030, the cumulative installed capacity is expected to reach 1300 GW [1] - According to Qunyi Securities, the average annual installed capacity of wind power during the 14th Five-Year Plan is expected to double compared to the 13th Five-Year Plan, indicating promising growth for the wind power industry [1] Company Summary - Goldwind Technology reported revenue of approximately CNY 48.147 billion for the first three quarters of 2025, representing a year-on-year increase of 34.34% [1] - The net profit attributable to shareholders was approximately CNY 2.584 billion, up 44.21% year-on-year, with basic earnings per share of CNY 0.5969 [1] - Revenue growth is primarily attributed to increased sales of wind turbines and components, while net profit growth is driven by higher gross profit and changes in fair value, offset by a decrease in investment income [1]