Ge Long Hui A P P·2025-11-19 09:45Core Viewpoint - Goldwind Technology achieved a net profit attributable to shareholders of 2.584 billion yuan in Q1-Q3 2025, representing a year-on-year increase of 44.21% [1] - The company reported a single-quarter net profit of 1.097 billion yuan in Q3, with year-on-year and quarter-on-quarter growth of 170.64% and 19.31% respectively [1] Financial Performance - The significant increase in net profit is attributed to high wind turbine shipments and abundant orders, alongside a notable decrease in expense ratios [1] - The strong market demand and stable pricing are expected to continue supporting manufacturing profitability [1] Business Development - Goldwind Technology has made positive progress in its overseas business, with green hydrogen and ammonia promoting the increase in green electricity consumption [1] - As a leading global wind turbine manufacturer, the company is seeing continuous improvement in manufacturing profitability alongside growing shipments [1] Market Outlook - The company maintains a robust order backlog, indicating high certainty in industry demand, which supports the resilience of wind turbine pricing [1] - Goldwind Technology is actively expanding its overseas wind power business while strategically positioning itself in the hydrogen and ammonia sectors to enhance long-term performance [1]