长江商报消息 ●长江商报记者 杨蝶 国内风电轴承龙头新强联（300850.SZ）业绩暴增。 1月23日晚间，新强联披露2025年业绩预增公告，公司预计实现归属于上市公司股东的净利润（以下简 称"归母净利润"）为7.8亿元至9.2亿元，同比增长1093.07%至1307.21%。 长江商报记者注意到，即便参照最低值，新强联2025年归母净利润也将超过2021年，创下公司历史新 高。 新强联将业绩大幅增长主要归因于风电行业需求回暖。国家能源局发布的最新数据显示，截至2025年11 月底，全国累计发电装机容量为37.9亿千瓦，同比增长17.1%。其中，风电装机容量6亿千瓦，同比增长 22.4%。 新强联积极把握风电市场机遇，近年来频频募资投向风电相关业务。新强联正在推进不超过15亿元的定 增事项，若上述定增顺利完成，自2020年7月登陆深交所上市以来，新强联将累计募资约57亿元，用于 加码风电主业。 需求回暖盈利创新高 但即使不考虑这9500万元至1.1亿元，新强联2025年仍实现归母净利润6.7亿元至8.25亿元，同比增长 924.78%至1161.85%。 从单季度看，2025年第一、二、三季度，新强联实现的营 ...

每经AI快讯，1月23日，新强联(300850.SZ)公告称，预计2025年度归属于上市公司股东的净利润为7.80 亿元~9.20亿元，比上年同期增长1093.07%~1307.21%。受益于风电行业需求回暖，装机需求持续释放， 公司依托技术优势进一步扩大了市场份额。在产能利用率保持较高水平的背景下，公司通过优化成本管 控、提升高附加值产品比重，实现了产品毛利率的稳步提高。 ...

Summary of the Conference Call for Xin Qiang Lian Company Overview - **Company**: Xin Qiang Lian - **Industry**: Wind Power Equipment Manufacturing Key Points and Arguments Financial Performance - For the first three quarters of 2025, Xin Qiang Lian reported a revenue of **3.618 billion** yuan, a year-on-year increase of **84.1%** [3] - The net profit attributable to shareholders, excluding non-recurring items, was **582 million** yuan, up **846.59%** year-on-year [3] - Basic earnings per share reached **1.787** yuan, reflecting a **1,880%** increase [3] - In Q3 alone, revenue was **1.408 billion** yuan, a **55.13%** increase year-on-year and a **9.75%** increase quarter-on-quarter [3] Wind Power Product Performance - Wind power products accounted for **76.95%** of total revenue, with a year-on-year growth of **106.01%** [5] - The company saw a **2%** quarter-on-quarter increase in the shipment of three-row roller bearings (SIP) [6] - CRP shipments doubled year-on-year, reaching **1,081** units [6] - Independent pitch bearings increased by **42%** year-on-year and **20%** quarter-on-quarter [6] - Revenue from wind power locking discs reached **200 million** yuan, with a **24%** year-on-year increase [6] Production Capacity and Market Demand - Despite Q4 being a traditional off-season, Xin Qiang Lian is expected to maintain full production capacity in October and November [7] - The company plans to release new production capacity to meet market demand [7] - Anticipated significant growth in the domestic land TRB market in 2026, with major manufacturers adopting dual TRB structures [8] - The penetration rate of land TRB is expected to increase significantly, potentially doubling industry demand [8] Equipment and Collaboration - New annealing equipment is expected to enhance monthly bearing production capacity by early 2026 [9] - Collaborations with major clients like Jin Feng and Yun Da are progressing well, with batch production expected to start soon [10] - The Zhuzhou City product line is projected to achieve a doubling in growth next year [11] Future Projections - TRB shipment expectations for 2025 are between **4,000** and **5,000** units, with a near doubling expected in 2026 [12] - The company is also focusing on domestic substitution for Haifeng main bearings, which are expected to contribute significantly to revenue in the next two to three years [13] - Orders and revenue contributions from steering bearings are anticipated to grow significantly in 2026 [15] International Market Developments - The company is successfully engaging with leading overseas manufacturers, with batch production expected to commence next year [16] - Direct engagement with overseas clients is also progressing rapidly, with small batch orders currently being fulfilled [16] Competitive Landscape - The company is advancing in the gearbox bearing sector, with expectations for a significant increase in production numbers next year [17] Additional Important Information - The company has optimized cost control measures, contributing to improved gross margins for high-value products [5] - Overall, Xin Qiang Lian's performance reflects a strong alignment with the recovering wind power industry and its strategic positioning to capitalize on emerging market opportunities [5][8]

Group 1: Company Performance Overview - For the first nine months of 2025, the company reported revenue of 3.618 billion yuan, an increase of 84.1% year-on-year [4] - The net profit attributable to shareholders, excluding non-recurring gains and losses, was 582 million yuan, up 846.59% year-on-year [4] - Basic earnings per share reached 1.78 yuan, reflecting a year-on-year growth of 1880% [4] - Total assets at the end of the reporting period amounted to 11.47 billion yuan, a 14.66% increase compared to the end of the previous year [4] Group 2: Quarterly Performance Insights - In Q3 2025, the company achieved revenue of 1.408 billion yuan, a year-on-year increase of 55.13% and a quarter-on-quarter growth of 9.75% [4] - The net profit attributable to shareholders for Q3 was 247 million yuan, marking a year-on-year increase of 426.34% and a quarter-on-quarter increase of 17.23% [4] Group 3: Market and Industry Context - As of August 2025, the cumulative installed power generation capacity in China reached 3.69 billion kilowatts, a year-on-year increase of 18.0% [6] - Wind power capacity specifically reached 580 million kilowatts, growing by 22.1% year-on-year, with new installations of 5.8 million kilowatts, a staggering increase of 5784% [6] Group 4: Strategic Focus and Measures - The company is benefiting from a recovery in wind power demand, leveraging its technological advantages to expand market share [5] - To address potential production capacity constraints, the company plans to optimize production processes and enhance core equipment capabilities [6] - The company emphasizes the importance of managing accounts receivable to mitigate cash flow risks through a credit assessment system and proactive monitoring [8]