Summary of Wind Power Industry Conference Call Industry Overview - The wind power industry is transitioning from large-scale projects to high-value solutions, integrating new technologies such as AI and combining with other sectors to enhance power generation efficiency. The industry is shifting from single equipment supply to system solutions, including intelligent operation and maintenance [1][5][9]. Key Points from the Beijing Declaration 2.0 - The Beijing Declaration 2.0 sets ambitious targets for the "14th Five-Year Plan" period, aiming for an average annual new installed capacity of 120 million kilowatts, with at least 15 million kilowatts from offshore wind. By 2030, the total installed capacity is expected to reach 1.3 billion kilowatts, 2 billion kilowatts by 2035, and 5 billion kilowatts by 2060 [1][6]. Challenges and Tasks Ahead - The wind power industry faces several challenges, including the need for technological stability and cost reduction. Local utilization issues must be addressed, and integrated development of source, grid, load, and storage is essential for achieving zero-carbon parks. International cooperation is also crucial for promoting green port projects [1][7]. Market Dynamics and Policy Support - National policies support the wind and solar installation targets, but challenges such as declining electricity prices and the cancellation of VAT refunds pose risks. Long-term market demand remains strong, and there is still room for cost reduction. Current onshore wind power generation costs range from 0.15 to 0.2 RMB per kWh, with potential for further price reductions [1][9]. Technological Innovations - Innovations in blade design, wind resource forecasting, and AI technology are critical for improving efficiency and reliability. The design of high towers and flexible towers must overcome systemic challenges, and the industry is moving towards hybrid tower applications [1][8]. Floating Wind Power Technology - Floating wind power technology is currently expensive, with costs ranging from 30,000 to 50,000 RMB per kilowatt. Future developments will focus on reducing material usage and costs through new designs and materials. The advancement of submarine cable technology is ongoing, but key insulating materials still need to be imported [1][10][11]. Export Markets and International Cooperation - In the next five years, countries along the Belt and Road Initiative, BRICS nations, and members of the Shanghai Cooperation Organization will be key export markets for Chinese wind power manufacturers. The export growth rate is expected to exceed 30-40% [1][15]. Emerging Market Demand - Demand for wind energy in emerging markets is driven by both policy initiatives and electricity shortages. These countries prioritize ensuring adequate power supply and affordability before focusing on green development [1][17]. Domestic Manufacturing and Global Strategy - Major Chinese manufacturers like Mingyang plan to establish overseas factories, leveraging a complete manufacturing system. However, challenges such as supply chain limitations and labor issues in foreign markets remain [1][19]. Conclusion - The wind power industry is poised for significant growth, driven by technological advancements, supportive policies, and expanding international markets. However, addressing challenges related to cost, reliability, and local utilization will be crucial for achieving the ambitious targets set forth in the Beijing Declaration 2.0 [1][6][7].