SEWPG(SH:688660) Zheng Quan Shi Bao Wang·2026-01-09 10:22Group 1 - The company expects a net profit attributable to shareholders for 2025 to be between -890 million RMB and -1.09 billion RMB, indicating short-term pressure on performance [1] - The wind power industry is accelerating towards high-quality development, with 2026 seen as the starting point for a new cycle of multiple economic upswings, which may support the company's future performance recovery and growth [1] - The National Development and Reform Commission and the Energy Administration have issued a notice promoting the market-oriented reform of new energy grid prices, which will enhance the competitiveness of wind power enterprises across the entire value chain [1] Group 2 - The company's overseas market expansion is accelerating, with foreign wind turbine sales revenue reaching 1.309 billion RMB in 2024, accounting for 12.62% of total revenue, indicating strong growth momentum [2] - The company is optimizing product development, project execution, and localization operations while deepening its presence in traditional markets such as Eurasia, Southeast Asia, and South Korea, and actively exploring emerging markets in the Middle East [2] - The industry ecosystem is continuously improving, with the implementation of self-discipline agreements and reforms in owner bidding rules leading to a rebound in domestic land wind turbine bidding prices, which is expected to solidify the foundation for the company's future development [2]