国新证券发布近期风电招中标情况更新：2025年9月22日-2025年9月26日，共24个项目 4078.25MW风机启动采购，开发商是中国能建、大唐、华电、国家电投。 以下为研究报告摘要： 事件 2025年9月22日-2025年9月26日风电招中标情况。 风电招标规模合计 建议关注海风板块海缆、海工、桩基等领域，以及海外拿单能力优异的企业投资机会。 风险提示 1、政策落地不及预期；2、产业链价格波动；3、投资不及预期。（国新证券股份 张心 颐） 【责任编辑：李扬子 】 根据风电头条，2025年9月22日-2025年9月26日，共24个项目4078.25MW风机启动采 购，开发商是中国能建、大唐、华电、国家电投。 风电中标规模合计 2025年9月22日-2025年9月26日，含塔筒陆上风电项目共计8个，规模总计1256.25MW， 项目中标均价为2109.08元/kW。最高中标单价2288.8元/kW，为陕西华电白水及咸阳永寿常 宁镇25万千瓦风力发电机组（含塔架）采购，由运达股份中标。最低中标单价1635.9 元/kW，为新疆华电阿勒泰青河50万千瓦风电项目风力发电机组（含塔架）采购，由金风科 技中标。 不含 ...

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 ...

数据显示，华富基金旗下1只基金重仓海力风电。华富新能源股票型发起式A（012445）二季度持有股 数21万股，占基金净值比例为2.82%，位居第八大重仓股。根据测算，今日浮盈赚取约97.23万元。连续 3天上涨期间浮盈赚取84.42万元。 华富新能源股票型发起式A（012445）成立日期2021年6月29日，最新规模2.52亿。今年以来收益 57.92%，同类排名390/4220；近一年收益75.95%，同类排名1008/3824；成立以来收益11.08%。 华富新能源股票型发起式A（012445）基金经理为沈成。 9月26日，海力风电涨5.07%，截至发稿，报95.90元/股，成交2.37亿元，换手率2.04%，总市值208.48亿 元。海力风电股价已经连续3天上涨，区间累计涨幅4.61%。 资料显示，江苏海力风电设备科技股份有限公司位于江苏省如东经济开发区金沙江路北侧、井冈山路东 侧，成立日期2009年8月18日，上市日期2021年11月24日，公司主营业务涉及国家产业政策允许的风力 发电设备的零部件研发、生产、销售;农业机械、港口机械、环保机械生产、销售;钢结构、机电设备安 装;钢材销售。(依法须经批准 ...

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].

Investment Rating - The report maintains a "Recommend" rating for the wind power industry, indicating an expectation of growth exceeding the benchmark index by more than 5% in the next 3-6 months [3][35]. Core Insights - The report highlights significant developments in offshore wind projects, with Guangdong's offshore wind project winning a bid of 0.8GW at an average price of 2506 CNY/kW [1][9]. - The total bidding for wind power in 2025 has reached 43.2GW, with offshore and onshore projects accounting for 3.6GW and 39.7GW respectively [9][11]. - The report emphasizes three main investment themes: high domestic offshore wind project reserves, robust onshore wind bidding in 2024, and regional growth in overseas installations [18][21]. Summary by Sections Industry Basic Data - The industry comprises 301 listed companies with a total market capitalization of 49,118.76 billion CNY and a circulating market value of 42,780.41 billion CNY [4]. Company Profit Forecasts and Valuations - Key companies and their investment ratings include: - Dongfang Cable: EPS forecast of 2.29 CNY for 2025, PE of 21.21, rated "Recommend" [3]. - Zhongtian Technology: EPS forecast of 1.04 CNY for 2025, PE of 13.00, rated "Recommend" [3]. - Mingyang Smart Energy: EPS forecast of 0.71 CNY for 2025, PE of 15.01, rated "Strong Recommend" [3]. - Times New Material: EPS forecast of 0.92 CNY for 2025, PE of 13.65, rated "Recommend" [3]. Wind Power Bidding Data - The report details the bidding activity for wind power, with 4.2GW awarded this week, including 0.8GW offshore and 3.4GW onshore [11][14]. - The average bidding price for offshore wind was 2506 CNY/kW, while onshore wind averaged 1552 CNY/kW [14]. Investment Recommendations - The report suggests focusing on companies involved in offshore wind projects, onshore wind manufacturing, and those expanding into international markets [18][21].

Core Points - The company held its fifth supervisory board meeting on June 19, 2025, via telecommunication, with all three supervisors present [1][2] - The board approved an investment project for its wholly-owned subsidiary, Jiangyin Hengrun Transmission Technology Co., Ltd., to construct a production line for 2,000 sets of wind turbine gearbox components [1] - The total planned investment for the project is 1.2 billion RMB, with the first phase requiring an investment of 500 million RMB [1]

Investment Rating - The report maintains a "Recommended" rating for the wind power industry, expecting the industry index to outperform the benchmark index by over 5% in the next 3-6 months [33]. Core Insights - The report highlights significant developments in the wind power sector, including a total of 48.5GW of wind turbines awarded in 2025, with offshore and onshore projects accounting for 6.8GW and 41.7GW respectively [10][17]. - The average bidding price for offshore wind turbines is reported at 2357 CNY/kW, while onshore turbines average 1977 CNY/kW [10][13]. - The report identifies three main investment themes: high domestic offshore wind project reserves, increased onshore wind bidding activity, and regional growth in overseas installations [18]. Summary by Sections Wind Turbine Data - In the week of June 9-15, 2025, 0.5GW of offshore wind projects were awarded in Guangdong, with an average price of 2357 CNY/kW [10][8]. - The total awarded wind turbines for 2025 so far is 48.5GW, with a breakdown of 6.8GW offshore and 41.7GW onshore [10][17]. Offshore Wind Progress - As of June 15, 2025, there are 68GW of competitive allocation, 16GW approved, 7GW of turbine bidding, 9GW of submarine cable bidding, and 15GW under construction for offshore wind projects [17][18]. - Guangdong, Shandong, and Fujian are noted for having the highest number of existing projects [17]. Investment Recommendations - The report suggests focusing on three investment lines: high reserves of domestic offshore wind projects, increased bidding for onshore wind, and growth in overseas installations [18]. - Companies to watch include Mingyang Smart Energy, Oriental Cable, Zhongtian Technology, and others [18].