大金重工：海外项目排产紧凑，预计今年有多个海外新项目发运

Core Viewpoint - 大金重工 is positioned to significantly increase its net profit in 2025, driven by growth in offshore wind projects and enhanced service offerings in the renewable energy sector [1][2]. Group 1: Financial Performance - The company forecasts a net profit attributable to shareholders of between 1.05 billion and 1.2 billion yuan for 2025, representing a year-on-year growth of 121.58% to 153.23% [1]. - Growth drivers include rapid increases in delivery volume and value from overseas offshore wind projects, higher value from improved construction standards of exported marine products, and enhanced project value through systematic service offerings [1]. Group 2: Market Opportunities - The development of offshore wind energy in Europe is seen as essential due to existing energy replacement needs and new electricity demand, with regions like the North Sea and Baltic Sea offering rich wind resources [2]. - Several countries, including the UK, France, and South Korea, are expected to make progress in commercial floating offshore wind projects this year, with the UK AR7 floating project setting a high benchmark for future auctions [2]. Group 3: Strategic Expansion - The company has established a presence in the Polish market with local installation and inspection experience, and is actively seeking new port facilities to cover additional European offshore project demands [3]. - In Germany, the company holds a significant market share in offshore wind foundations, with multiple projects expected to be awarded this year [2][3]. - The company plans to operate 2 to 3 vessels this year, each capable of transporting 15,000 to 20,000 tons of products, which is anticipated to positively impact project revenue levels [3][4].