据了解，该批单桩融合多项自主专利技术，能适应大西洋北海海区恶劣的海洋环境。为保障这 些"重量级"的新能源装备跨洋运输，钦州海事局全程跟踪服务，不仅对通航安全保障方案、货物系固方 案进行多轮审核优化，还开通"绿色通道"，指导企业提前准备相关材料，快速办理船舶进出口岸手续， 加快船舶的通关速度。装船期间，海事部门通过CCTV（工业电视监控系统）实时监控与现场巡查双线 联动，全程盯防绑扎质量；船舶进出港阶段，充分运用船舶交管管理和广西海事智慧监管系统，精准提 供气象预警和交通组织服务，并调派海巡艇在关键航段提供护航。（黄远来 莫卫华） 12月13日，在钦州海事局的全程监管服务和现场护航下，半潜船"祥泰口"轮满载8根海上风电单桩 从钦州港鸣笛起锚驶往英国。本航次装载的是由广西文船重工生产、出口英国的第4个航次海上风电单 桩，标志着我国出口欧洲的最大批量风电装备顺利完成装船交付。 海事部门介绍，该批海上风电单桩共32件，均为英国Inch Cape海上风电单桩项目的核心基础部 件。该项目单桩外径8—11.5米，最长达101.25米，最重达2305吨，总物量超过6万吨，从8月下旬开始分 4个航次装船运输，是目前国内承制的规 ...

新闻聚焦 ◐ 国家能源局：能源行业重要数据、能源行业核心数据的处理者应建立数据安全工作体系。 12月12日，国家能源局发布的《能源 行业数据安全管理办法（试行）》指出，能源数据处理者开展数据处理活动，应建立健全数据安全管理制度，明确数据全生命周期 各环节的管理要求；定期组织开展能源行业数据安全知识和技能教育培训。能源行业重要数据、能源行业核心数据的处理者应建立 数据安全工作体系，加强人员和经费保障，并配合有关部门开展监督检查工作。 【更多详情】 ◐两部门：用好绿色金融政策支持绿色工厂建设。 12月12日，工信部、中国人民银行发布的《关于用好绿色金融政策支持绿色工 厂建设的通知》指出，重点支持国家绿色工厂采用中国人民银行等三部门《绿色金融支持项目目录（2025年版）》以及国家有关部 门政策规划、技术目录中载明的绿色低碳技术实施的投资项目，旨在提高企业能源低碳化、资源高效化、生产洁净化、产品绿色 化、用地集约化等绿色发展水平。 【更多详情】 国内新闻 ◐ 2030年我国天然气产量将达3000亿立方米。 据央视新闻12月14日报道，《中国油气行业"十四五"发展成就报告》显示，中国正 加速迈向现代油气产业发展新阶段， ...

据广西海事部门介绍，该批海上风电单桩共32件，单桩外径8米至11.5米，最长达101.25米，最重达2305 吨，总物量超过6万吨，从8月下旬开始分4个航次装船运输，是目前中国承制的规模最大海上风电单桩 出口项目。 据了解，该批单桩融合多项自主专利技术，能适应大西洋北海海区恶劣的海洋环境。 据悉，钦州已具备生产制造全球最大直径海上风电单桩的能力，钦州港已逐步形成海上风电装备研发、 制造、运输的完整产业链。(完) 12月13日，半潜船"祥泰口"轮满载8根海上风电单桩从广西钦州港驶往英国。莫卫华摄 【欧洲专线】广西海上风电装备批量出口欧洲 中新社广西钦州12月13日电 (黄艳梅莫卫华蒋瑞卿)12月13日，半潜船"祥泰口"轮满载8根海上风电单桩 从广西钦州港驶往英国。本航次装载的是由广西企业生产、出口英国的第4个航次海上风电单桩，标志 着中国出口欧洲的最大批量风电装备顺利完成装船交付。 （文章来源：中国新闻网） ...

Core Insights - Lushan City is accelerating the construction of a new energy industry system, focusing on offshore wind power and enhancing the entire wind power industry chain to support high-quality regional economic development [1][3] Group 1: Offshore Wind Power Development - Hai Li Wind Power has secured over 1 billion yuan in orders for offshore wind power projects, with production lines operating at full capacity and orders scheduled until 2026 [2] - Lushan has established a strong offshore wind power equipment manufacturing cluster, with over 40 projects and a complete supply chain including core components like main engines, towers, and cables [2][3] - The offshore wind power high-end equipment industrial cluster has been recognized as a strategic emerging industry cluster in Shandong Province, with an expected output value exceeding 15 billion yuan by 2025 [3] Group 2: Energy Storage Innovations - The first 100 MW flywheel energy storage station in China is being developed in Lushan, which will provide rapid response capabilities for grid stability [4] - Lushan has planned a dedicated energy storage area of approximately 600 acres to accommodate various new energy storage projects, including electrochemical and flywheel storage [5] - The city has successfully attracted key energy storage projects, including 500 MW electrochemical storage and 100 MW flywheel storage, indicating initial scale in the energy storage industry [5] Group 3: Project Facilitation and Infrastructure - Lushan has implemented a "project assistance team" mechanism to expedite project approvals, significantly improving efficiency by over 30% [6] - A dedicated road for transporting large equipment has been constructed, addressing transportation challenges for heavy machinery [7] - The city is investing in various support measures, including a new energy industry fund and partnerships with universities to train skilled workers, ensuring a stable production environment for companies [7]

Core Insights - China's goods trade demonstrates strong resilience amid profound changes in the global trade landscape, achieving stable growth in both volume and structure, with a shift towards higher quality and innovation [1][2][3] Trade Performance - In the first three quarters of the year, China's total goods trade value reached 33.61 trillion yuan, a year-on-year increase of 4%, with exports at 19.95 trillion yuan (up 7.1%) and imports at 13.66 trillion yuan (down 0.2%) [2] - In September, the monthly trade value was 4.04 trillion yuan, marking an 8% year-on-year increase, the highest monthly growth rate of the year, with exports growing by 8.4% and imports by 7.5% [3] Export Structure and Upgrades - The export structure is continuously optimizing, with high-tech, high value-added, and green low-carbon products becoming new growth engines. In the first three quarters, exports of electromechanical products reached 12.07 trillion yuan, growing by 9.6% and accounting for 60.5% of total exports [6] - Exports of integrated circuits increased by 32.9%, and automotive exports rose by 10.9%, indicating that domestic industrial transformation is providing new growth momentum for exports [4][6] Corporate Innovations - Companies like GoerTek are leveraging intelligent production lines to enhance efficiency, with significant advancements in acoustic sensor technology, while also expanding into automotive electronics and smart home applications [7] - The marine engineering sector, represented by companies like Yantai Penglai DaJin Marine Engineering Co., has seen a 141.16% increase in revenue from offshore wind power products, exporting to over 30 countries [7] Shift from Product to Brand Export - Chinese enterprises are transitioning from relying on OEM exports to establishing their own brands in international markets, driven by external pressures and proactive business strategies [8] - The beauty industry is witnessing a surge in domestic brands going global, with sales increasing by 100% over the past year, particularly in Europe and Latin America [9] E-commerce and Brand Development - E-commerce platforms are restructuring to support brand exports, with initiatives like AliExpress's "Super Brand Export Plan" aimed at facilitating market entry for brands at lower costs [9] - The shift towards high value-added and high-tech exports reflects advancements in China's manufacturing capabilities and enhances competitiveness in the global supply chain [9]

Group 1 - The company, Daikin Heavy Industries, primarily produces and sells offshore wind power equipment, including monopiles, transition pieces, jackets, floating foundations, and towers [2]

Market Overview - The Shanghai Composite Index decreased by 1.86% during the week of September 8-12, while the ChiNext Index increased by 2.16% [2] - The carbon neutrality sector rose by 2.25%, the public utilities sector increased by 0.75%, the environmental protection sector grew by 1.31%, and the coal sector fell by 0.11% [2][3] New Energy Pricing Results - On September 11, the State Grid Shandong Electric Power Company announced the results of the new energy mechanism electricity price bidding for the year, attracting over 3,000 new energy projects, with 1,200 projects selected [3] - The total scale of the selected mechanism electricity was 9.467 billion kWh, including 5.967 billion kWh from wind power and 1.248 billion kWh from solar power [3] - The execution period for deep-sea wind power is set at 15 years, while other projects will have a 10-year execution period [3] Bidding Price Analysis - The bidding price for wind power was 0.319 yuan/kWh, which is 0.031 yuan/kWh or 8.9% lower than the bidding ceiling of 0.35 yuan/kWh [3] - The bidding price for solar power was 0.225 yuan/kWh, which is 0.125 yuan/kWh or 35.7% lower than the bidding ceiling [3] - The significant discount for solar power is attributed to its lower share of the mechanism electricity allocation at 13.2%, leading to intense competition among projects [3] Industry News - On September 12, the National Development and Reform Commission and the National Energy Administration issued guidelines for the construction of continuous operation regional electricity spot markets, supporting the exploration of market mechanisms for new energy [4] - A new action plan for large-scale construction of new energy storage was released, aiming for a national installed capacity of over 180 million kW by 2027, with direct investments of approximately 250 billion yuan [4] - A subsidiary of Daikin Heavy Industries signed its first specific contract under a long-term locked production agreement for an overseas offshore wind power project, with a total contract value of approximately 1.25 billion yuan [4] Investment Recommendations - For the thermal power sector, it is recommended to focus on companies with power generation assets in regions with tight supply and favorable competition, such as Sheneng Co. and Huadian International [5] - In the hydropower sector, attention is drawn to leading operators like Yangtze Power [5] - In the new energy generation sector, it is suggested to focus on leading companies like Longyuan Power [5] - For nuclear power, it is recommended to pay attention to leading enterprises like China National Nuclear Power, especially in the context of increasing market-oriented electricity pricing [5]

Investment Rating - The report initiates coverage with a "Buy" rating for the company, setting a target price of 40.85 RMB based on a 20x PE for 2026 [4]. Core Views - The company is expected to benefit significantly from the recovery of European offshore wind demand, with a projected doubling of order volume in 2025 compared to the previous year, driven by upcoming project deadlines and favorable market conditions [2][3]. - The company has achieved a market share of approximately 20% in the European monopile market, second only to local leader Sif, and is anticipated to continue increasing its market share due to capacity expansion and green manufacturing initiatives [3][42]. - The company’s revenue and profit forecasts for 2025-2027 indicate substantial growth, with revenues expected to reach 58 billion RMB in 2025, 73 billion RMB in 2026, and 95 billion RMB in 2027, alongside net profits of 960 million RMB, 1.3 billion RMB, and 1.83 billion RMB respectively [4][7]. Summary by Sections European Offshore Wind Market Outlook - The European offshore wind market is experiencing a recovery in project profitability due to declining interest rates and favorable policy adjustments, with a projected installation capacity of approximately 52 GW from 2025 to 2030 [2][13]. - The report estimates that the company could secure between 290,000 to 440,000 tons of monopile orders in 2025 under various market share scenarios [3][64]. Company’s Competitive Position - The company is the only domestic firm to have delivered multiple monopile projects in Europe, achieving a market share of around 20% from 2022 to 2024 [42][46]. - The company’s new production capacity at the Tangshan Caofeidian base is expected to reach 800,000 tons per year, enhancing its ability to meet the large-scale demands of European projects [3][50]. Profitability and Revenue Growth - The company’s revenue is projected to grow significantly, with a forecasted increase of 54% in 2025, followed by 26% and 29% in the subsequent years [4][7]. - The overseas revenue contribution is expected to rise, with a notable increase in profit margins from high-value offshore wind orders [65][70]. Additional Business Developments - The company is actively developing its own marine transport vessels to enhance service value and efficiency in delivering offshore wind products [78]. - The company has secured several renewable energy project indicators, with ongoing projects expected to contribute additional revenue starting in 2025 [80].