国管海域海风项目有望加快推进，BC阵营加快丰富产品矩阵

Investment Rating - The report maintains an "Outperform" rating for the industry [1] Core Insights - The offshore wind projects in the Guangdong province are expected to accelerate, with two major projects totaling 3GW being highlighted [5][10] - The wind power index has shown a 0.61% increase, outperforming the CSI 300 index by 1.69 percentage points [12] - The report emphasizes the growing investment opportunities in the deep-sea wind power sector due to advancements in technology and equipment [11][35] Summary by Sections Wind Power: Acceleration of Offshore Projects - The Guangdong provincial government has announced two offshore wind projects with a total capacity of 3GW, expected to commence construction between 2025 and 2026 [10][11] - The projects include the Yue East Offshore Wind Power 001 project with a capacity of 1.7 million kW and the Yue East Offshore Wind Power 004 project with a capacity of 1.3 million kW [11] - The report indicates that the conditions for deep-sea wind power development are maturing, presenting new investment opportunities [11] Market Performance Review - The wind power index (866044.WI) increased by 0.61% during the week of May 26 to May 30, 2025, with a current PE_TTM valuation of approximately 18.68 times [12][21] - The report notes that the wind power sector has outperformed the broader market, as indicated by the comparison with the CSI 300 index [12] Solar Power: BC Camp Expanding Product Matrix - Recent product launches from companies like Aiko Solar and Longi Green Energy are aimed at enhancing the efficiency and aesthetic appeal of solar panels [6] - The report highlights the increasing demand for BC technology products, which are being tailored to meet diverse customer needs [6] Energy Storage & Hydrogen: Green Power Direct Connection Policy - New policies promoting direct connections for green electricity are expected to boost the development of solar and storage solutions [6] - The report suggests that this model could simplify the electricity supply chain and enhance economic viability for both producers and consumers [6] Investment Recommendations - For wind power, the report recommends focusing on companies such as Mingyang Smart Energy, Dongfang Cable, and Yaxing Anchor Chain due to the positive outlook for offshore wind power [6] - In the solar sector, companies like Dier Laser, Longi Green Energy, and Aiko Solar are highlighted as key players to watch [6] - The report also emphasizes the importance of monitoring policy changes and competitive dynamics in the solar supply chain [6]