Core Viewpoint - The wind power equipment leader, Xin Qiang Lian, has attracted significant market attention due to its outstanding performance in the first three quarters of 2025, with revenue and net profit showing substantial year-on-year growth [3][4]. Financial Performance - Xin Qiang Lian reported a revenue of 3.618 billion yuan and a net profit of 664 million yuan for the first three quarters of 2025, representing year-on-year increases of 84.10% and 1939.50%, respectively [3][4]. - The company's gross margin was 28.88% and net margin was 18.94%, both showing improvements compared to the previous year [4]. Stock Performance - As of October 30, 2025, Xin Qiang Lian's stock price closed at 53.89 yuan per share, with a monthly increase of approximately 24% and an annual increase exceeding 180% [3][6]. - The stock experienced a notable rise of nearly 30% from October 20 to 24, 2025, following a five-day consecutive increase [6]. Market Dynamics - The growth of Xin Qiang Lian's stock is supported by favorable policies in the wind power sector, such as the "Wind Energy Beijing Declaration 2.0," which sets ambitious installation targets for wind power during the 14th Five-Year Plan [6][8]. - The wind power equipment sector has seen multiple stocks doubling in value this year, reflecting a broader market trend driven by policy incentives [7][8]. Operational Insights - Xin Qiang Lian has a robust order book for wind power bearings and is progressing with its production plans while remaining flexible to market changes [5]. - The company is enhancing its production capacity through equipment upgrades and process optimizations, aiming to improve delivery capabilities [5]. Research and Development - Xin Qiang Lian's R&D expenditures have been increasing, with 130 million yuan spent in the first three quarters of 2025, contributing to its technological advancements and patent portfolio [10]. - The company has achieved significant milestones in developing large-scale bearings for shield tunneling machines, filling domestic gaps and reaching international standards [10].

本报讯 （记者肖艳青）10月21日晚，洛阳新强联回转支承股份有限公司（以下简称"新强联"）披露 2025年第三季度报告。今年第三季度，新强联实现营业收入14.08亿元，同比增长55.13%；归属于上市 公司股东的净利润2.64亿元，同比增长308.57%。 公开资料显示，新强联主要业务为大型回转支承产品和风力发电机偏航变桨轴承及主轴承产品研发、制 造、销售，主要应用于风电轴承、盾构机轴承、海工装备轴承以及工程机械轴承等多个关键领域。 （文章来源：证券日报） 今年前三季度，新强联实现营业收入36.18亿元，同比增长84.1%；归属于上市公司股东的净利润6.64亿 元，同比扭亏为盈。 据悉，新强联始终坚持以技术创新为先导，不断进行新产品的创新研发和设备的创新升级。今年前三季 度该公司研发费用为1.3亿元，同比增长69.78%。 ...