Group 1 - The company plans to invest in the construction of a 700,000 kW onshore wind power project in Caofeidian, which includes a 350,000 kW guaranteed project and a 350,000 kW market-oriented subproject, as well as a 250,000 kW wind power project in Tangshan Fengnan [1] - The total planned capacity for the three projects is 950,000 kW, with a total investment not exceeding RMB 4.38 billion; the company's equity contribution will be 20%, amounting to no more than RMB 876 million, funded by its own resources, while the remaining funds will be sourced through loans from financial institutions [1] - The construction period for the Caofeidian guaranteed and market-oriented projects is expected to be 12 months, while the Fengnan project is anticipated to take 18 months, with an operational period of 20 years post-completion [1]

Core Viewpoint - The company plans to invest in three wind power projects with a total capacity of 950,000 kilowatts and a total investment not exceeding RMB 4.38 billion [1] Group 1: Project Details - The projects include a 700,000-kilowatt wind power project in Caofeidian District, which consists of a 350,000-kilowatt guaranteed project and a 350,000-kilowatt market-oriented project [1] - Additionally, there is a 250,000-kilowatt wind power project in Tangshan Fengnan [1] Group 2: Financial Structure - The total investment for the projects is capped at RMB 4.38 billion, with a capital contribution ratio of 20%, amounting to a maximum of RMB 876 million, which will be funded by the company’s own funds [1] - The remaining funds will be sourced through loans from financial institutions [1] Group 3: Project Timeline - The construction period for the Caofeidian guaranteed and market-oriented projects is expected to be 12 months, while the Fengnan project is anticipated to take 18 months [1] - The operational period for all projects is set to be 20 years following completion [1]

Core Viewpoint - The report from CITIC Securities indicates that during the "14th Five-Year Plan" period, domestic wind power installations are expected to maintain high prosperity due to a shift in investment towards wind energy, particularly offshore wind projects, while overseas wind power construction is accelerating, with a peak expected from 2026 onwards [1] Group 1: Domestic Wind Power Outlook - Domestic offshore wind planning is robust, suggesting a sustained high demand for wind power installations [1] - The domestic wind power sector is anticipated to benefit from product advantages and cost-effectiveness in meeting increasing overseas demand [1] Group 2: Investment Recommendations - It is suggested to focus on investment opportunities in components and materials that will benefit from the dual demand release, including blade molds, blade segments, hub castings, and carbon fiber [1]

Core Insights - The recent wind power bidding update indicates a total of 24 projects with a procurement scale of 4078.25 MW scheduled from September 22 to September 26, 2025, involving developers such as China Energy Engineering, Datang, Huadian, and State Power Investment Corporation [1][3]. Bidding Scale Summary - The total bidding scale includes 8 onshore wind projects with a combined capacity of 1256.25 MW, with an average winning bid price of 2109.08 CNY/kW. The highest bid was 2288.8 CNY/kW for a 250,000 kW wind turbine project by Shaanxi Huadian, while the lowest was 1635.9 CNY/kW for a 500,000 kW project in Xinjiang [4]. - There are also 3 offshore wind projects without tower procurement, totaling 558.75 MW, with an average winning bid price of 1578.86 CNY/kW [5]. Investment Recommendations - The report suggests focusing on investment opportunities in the offshore wind sector, particularly in areas such as submarine cables, offshore engineering, and foundation piles, as well as companies with strong capabilities in securing overseas contracts [6].

技术突破亦捷报频传。位于福建福清的海上风电研究与试验检测基地，作为我国首个国家级海上风电试验基地，建成后可开展世界最大容量风电机组和 最长尺寸风机叶片的检测试验，为深远海风电发展提供关键技术支撑。 市场表现亮眼，机构关注度升温 风电板块近期在资本市场表现抢眼。据数据宝统计，近60只风电概念股年内股价平均上涨33.65%，仅7股下跌。中材科技以163.48%的涨幅领涨，其控股 子公司拟在乌兹别克斯坦投资建设风电叶片制造基地，进一步拓展海外市场，2024年公司风电叶片销量24吉瓦，同比增长10.9%，市场占有率全球第一。 电气风电年内涨幅达156.78%，大金重工、新强联、阳光电源、杭齿前进等个股涨幅均超100%。 机构对风电板块青睐有加。截至今年上半年，近半数概念股的公募基金持股比例超3%，其中三一重能、阳光电源、禾望电气、新强联、大金重工等11股 公募基金持股比例均超10%，三一重能以31.69%的持股比例居首，同时获社保基金重仓5.25%。 【环球网财经综合报道】随着四季度资本市场布局窗口开启，风电产业凭借明确的增长逻辑与技术突破，成为目前市场追捧的热点之一。 政策利好与技术突破双轮驱动 国家能源局最新数据 ...

Core Viewpoint - Haili Wind Power's stock price has increased by 5.07% on September 26, reaching 95.90 CNY per share, with a trading volume of 237 million CNY and a turnover rate of 2.04%, resulting in a total market capitalization of 20.848 billion CNY. The stock has seen a cumulative increase of 4.61% over the past three days [1]. Company Overview - Jiangsu Haili Wind Power Equipment Technology Co., Ltd. was established on August 18, 2009, and listed on November 24, 2021. The company is located in the Jiangsu Province and focuses on the research, production, and sales of wind power equipment components, agricultural machinery, port machinery, and environmental protection machinery [1]. - The main business revenue composition includes: 77.04% from foundations, 14.38% from wind power towers, 6.72% from conductors, and 1.85% from other sources [1]. Fund Holdings - Haili Wind Power is a significant holding in the Huafu New Energy Stock Fund A (012445), which held 210,000 shares in the second quarter, accounting for 2.82% of the fund's net value, ranking as the eighth largest holding. The fund has realized a floating profit of approximately 972,300 CNY today, with a floating profit of 844,200 CNY during the three-day increase [2]. - The Huafu New Energy Stock Fund A was established on June 29, 2021, with a current scale of 252 million CNY. Year-to-date returns are 57.92%, ranking 390 out of 4220 in its category, while the one-year return is 75.95%, ranking 1008 out of 3824 [2]. - The fund manager, Shen Cheng, has been in position for 3 years and 273 days, with a total asset scale of 1.661 billion CNY. The best fund return during his tenure is 72.93%, while the worst is 11.08% [2].

资料显示，金风科技股份有限公司位于北京市经济技术开发区博兴一路8号,香港铜锣湾礼顿道9-11号合 诚大厦17楼1701室，成立日期2001年3月26日，上市日期2007年12月26日，公司主营业务涉及风力发电 机组开发制造和销售、风电服务、风电场投资与开发、水务业务。主营业务收入构成为：风机及零部件 销售76.58%，风电场开发11.12%，风电服务10.15%，其他2.16%。 从金风科技十大流通股东角度 9月25日，金风科技涨5.15%，截至发稿，报14.10元/股，成交19.77亿元，换手率4.31%，总市值595.73 亿元。 数据显示，南方基金旗下1只基金位居金风科技十大流通股东。南方中证500ETF（510500）二季度减持 474.3万股，持有股数3072.89万股，占流通股的比例为0.74%。根据测算，今日浮盈赚取约2120.29万 元。 南方中证500ETF（510500）基金经理为罗文杰。 截至发稿，罗文杰累计任职时间12年160天，现任基金资产总规模1389.99亿元，任职期间最佳基金回报 145.85%， 任职期间最差基金回报-47.6%。 风险提示：市场有风险，投资需谨慎。本文为AI ...

Investment Overview - The company plans to invest in a 1.3 million kW wind power project in the E'min County of Tacheng, Xinjiang, with a total investment amount of approximately 571.17 million yuan [1][2] - The project will be developed by the company's wholly-owned subsidiary, China Shipbuilding Group Wind Power Development Co., Ltd., through its holding subsidiary, E'min Tower Wind New Energy Co., Ltd. [1][3] Project Details - The project will consist of a total installed capacity of 1.3 million kW, utilizing a mix of 6.25MW, 10MW, and 15MW turbine models [3] - The initial phase will implement a 750,000 kW wind power project, with a total investment of approximately 353.07 million yuan, including self-raised funds of about 70.61 million yuan and loans of approximately 282.46 million yuan [2][3] Company Impact - The investment is expected to enhance the company's focus on its core business, promoting the integration of wind turbine equipment and power station systems [4] - Successful completion of the project is anticipated to generate significant economic benefits, increase market share for the company's wind turbine equipment, and improve profitability [4]

Investment Rating - The report maintains a "Recommendation" rating for the wind power industry, indicating an expected increase in the industry index by more than 5% over the next 3-6 months compared to the benchmark index [1][37]. Core Insights - The report highlights significant developments in the wind power sector, including a total of 1.4GW of wind turbine bids this week, with 0.6GW for offshore wind and an average winning bid price of 1793 yuan/kW for onshore wind [1][10][16]. - As of July 11, 2025, the total bidding for wind power projects this year reached 46.5GW, with offshore and onshore projects accounting for 4.2GW and 42.3GW, respectively [10][18]. - The report emphasizes three main investment themes: high reserve projects for offshore wind, robust bidding for onshore wind in 2024, and significant growth in overseas installations [20][23]. Summary by Sections Wind Turbine Data - This week saw 0.6GW of offshore wind bidding initiated in Shandong, with a total of 1.4GW of wind turbines bid, including 0.8GW for onshore projects [10][16]. - The average winning bid price for onshore wind turbines was reported at 1793 yuan/kW, with major manufacturers exceeding 1300 yuan/kW [16][18]. Offshore Wind Progress - As of July 11, 2025, there are 71GW of offshore wind projects in various stages, with significant reserves in provinces like Guangdong and Shandong [18][22]. - Recent developments include the completion of foundation piling for a 504MW project in Shandong and a 900MW project in Guangxi with a bid amount of 820 million yuan [18][22]. Investment Recommendations - The report suggests focusing on three investment lines: high reserve offshore wind projects, increased bidding for onshore wind, and growth in overseas installations [20][23]. - Recommended companies include Mingyang Smart Energy, Oriental Cable, Zhongtian Technology, and others involved in the wind power supply chain [20][23].

Investment Rating - The report maintains a "Recommended" rating for the wind power industry, indicating an expected increase in the industry index exceeding the benchmark index by more than 5% in the next 3-6 months [32]. Core Insights - The report highlights that during the week, 7.4GW of onshore wind projects were awarded at an average price of 1485 CNY/kW. Year-to-date, a total of 52.7GW of wind projects have been awarded, with 6.8GW offshore and 45.9GW onshore [10][12]. - The report emphasizes the significant growth in offshore wind projects, with a total of 69GW in various stages including competitive allocation, approval, and construction as of June 29, 2025. Key provinces with substantial projects include Guangdong, Shandong, and Fujian [15][18]. - Investment suggestions focus on three main lines: high reserves of domestic offshore wind projects, robust onshore wind bidding in 2024, and regional growth in overseas installations. Companies to watch include Mingyang Smart Energy, Dongfang Cable, and Zhongtian Technology [16]. Summary by Sections Wind Turbine Data - In the week, 0.6GW of onshore wind was tendered, with a total of 43.8GW tendered year-to-date, split between 3.6GW offshore and 40.2GW onshore [10][12]. Offshore Wind Progress - As of June 29, 2025, the offshore wind project pipeline includes 69GW in competitive allocation, 16GW approved, 7GW tendered, 9GW in cable tendering, and 15GW under construction. The first batch of units from the Jiangsu Guoxin Dafeng 850,000 kW offshore wind project has successfully connected to the grid [15][18]. Investment Recommendations - The report suggests focusing on three investment themes: 1) High reserves of domestic offshore wind projects with supportive policies, 2) Increased bidding for onshore wind in 2024, and 3) Growth in overseas installations for domestic cable and component manufacturers. Recommended companies include Mingyang Smart Energy, Dongfang Cable, and Zhongtian Technology [16].