智通财经1月23日讯（记者 肖良华）今日晚间，新强联（300850.SZ）发布年度业绩预告，受益于风电 行业需求回暖，装机需求持续释放，公司2025年净利润同比增幅超10倍。 按照预计的中位数计算，新强联四季度扣非净利润约1.68亿元，明显低于三季度的2.47亿元。有风电行 业人士对智通财经记者分析，三、四季度为风电行业旺季，新强联四季度扣非净利润环比下降，或许与 年底各种费用计提有关。 不过，上述业内人士同时表示，风电行业滑动轴承已推进多年，2026年或是滑动轴承在主轴应用上的关 键验证年。滑动轴承成本更低，若得到主机厂商大范围认可，新强联主推的滚子轴承或面临更为激烈的 竞争。 从行业视角来看，截至2025年11月底，中国风电装机容量已突破6亿千瓦，相当于超26个三峡电站的总 装机规模，同比增长22.4%。 此外，《风能北京宣言2.0》明确提出，"十五五"期间中国风电年新增装机容量不低于1.2亿千瓦，其中 海上风电年新增不低于1500万千瓦，到2035年累计装机将不少于20亿千瓦，到2060年更有望达到50亿千 瓦。 据新强联披露的信息，其预计2025年全年归属于上市公司股东的净利润为7.8亿元-9.2亿元 ...

Group 1 - The background of the issuance highlights the importance of the bearing industry as a strategic sector supported by national policies, particularly in the context of the automotive industry, which is a key pillar of the national economy [2][4] - The global bearing market reached a size of $120.98 billion in 2023, with an expected growth to $226.6 billion by 2030, reflecting a compound annual growth rate (CAGR) of 9.5% from 2023 to 2030 [2] - The demand for roller bearings is robust, with the global market size for roller bearings estimated at $67.81 billion in 2023, accounting for 56.05% of the total bearing market [4] Group 2 - The company aims to enhance its product layout in the automotive parts and industrial bearing sectors through the issuance, focusing on import substitution and localization [5] - The issuance is expected to increase the company's total assets and net assets, while optimizing its capital structure and reducing the debt-to-asset ratio [5] - The issuance will not lead to a significant increase in liabilities, thereby enhancing the company's risk resistance capabilities [5] Group 3 - The issuance will involve the issuance of domestic A-shares, with a face value of RMB 1 per share [6] - The selection of issuance objects includes qualified institutional investors and will not exceed 35 entities, ensuring compliance with regulatory requirements [6][11] - The pricing of the shares will be based on the average trading price over the 20 trading days prior to the pricing date, ensuring it is not lower than 80% of that average [7][11] Group 4 - The issuance method is compliant with legal regulations, allowing for a targeted issuance to specific investors without public solicitation [8][9] - The company has confirmed that it does not fall under any prohibitive conditions for issuing shares to specific investors as outlined in the regulatory framework [9][13] - The issuance process has been approved by the board and shareholders, ensuring transparency and adherence to necessary procedures [14][15] Group 5 - The company has developed measures to mitigate the impact of share dilution on immediate returns, ensuring that commitments to shareholders are upheld [15] - The overall issuance plan is deemed fair and reasonable, aligning with the company's strategic development goals and benefiting all shareholders [15][16]