Core Viewpoint - Delijia Transmission Technology (Jiangsu) Co., Ltd. has officially listed on the A-share market, marking a significant milestone in the wind power sector, with a strong market performance on its debut day [1] Company Overview - Delijia specializes in the research, production, and sales of high-speed heavy-load precision gear transmission products, primarily serving the wind power generation sector with its core product being the wind turbine main gearbox [1][2] - The company aims to use the funds raised from its IPO to enhance its production capacity for large onshore and offshore wind power gearboxes [1][4] Market Context - The global wind turbine gearbox market is projected to grow from approximately $5.827 billion in 2024 to $8.370 billion by 2030, driven by the rapid development of the wind power industry [2] - In China, the wind turbine gearbox market is expected to expand from about $3.358 billion in 2024 to $3.903 billion by 2030, supported by government policies promoting energy efficiency and carbon reduction [2] Technological Leadership - Delijia is recognized as a technology leader in the wind turbine gearbox sector, having developed several core technologies that enhance product performance, reliability, and efficiency [2][3] - The company has achieved significant market recognition, holding a global market share of 10.36% and ranking third worldwide, while securing a 16.22% share in the Chinese market, placing it second nationally [3] Performance Metrics - The company has shown strong financial performance, with revenues of 3.108 billion, 4.442 billion, and 3.715 billion yuan over the past three years, and a net profit of 484 million, 574 million, and 535 million yuan respectively [4] - In the first half of 2025, Delijia reported a revenue of 2.487 billion yuan, reflecting an 81.29% year-on-year increase, and a net profit of 393 million yuan, up 67.56% from the previous year [4] Strategic Vision - Delijia aims to leverage its IPO to further its mission of contributing to clean energy innovation and development, while focusing on technological advancement and maintaining its competitive edge in the market [4]
风电“心脏”专家德力佳上市：全球市占率第三，募资加码大型风电产能