风电设备行业动态点评：国内海风持续推进，边际有望改善把握配置机遇

Investment Rating - The industry investment rating is "Outperform the Market," indicating that the industry index is expected to perform better than the benchmark index over the next 6-12 months [7]. Core Insights - The wind power equipment sector has shown a significant increase, with a 5.86% rise in the sector on October 22, 2024, driven by strong performances from companies like HaiLi Wind Power and JinLei Co., which saw gains exceeding 7% [2]. - Domestic offshore wind projects are gradually advancing, particularly in Jiangsu and Guangdong provinces, which are expected to lead to a recovery in the offshore wind power sector [3]. - The bidding environment remains robust, with a reported 89.17 GW of wind turbine capacity bid in the first three quarters of 2024, marking a 110.3% year-on-year increase, which is anticipated to support installation demand in the coming years [3]. - A consensus among manufacturers to curb excessive competition has been established, which is expected to improve the profitability of the industry chain [3]. Summary by Sections Industry Dynamics - The offshore wind power sector is experiencing a turnaround due to the steady progress of projects in key provinces, overcoming previous regulatory hurdles [2][3]. - The bidding activity for wind turbines has reached a record high, with significant contributions from both onshore and offshore projects, indicating strong future installation demand [3]. Market Opportunities - Companies involved in offshore wind components, such as HaiLi Wind Power and TaiSheng Wind Energy, are recommended for investment due to their potential for growth in the improving market [3]. Competitive Landscape - The signing of a self-regulatory agreement among 12 wind power companies aims to address issues of unfair competition and improve market conditions, which is expected to enhance the overall profitability of the industry [3].