Core Viewpoint - TianShun Wind Power experienced a slight decline in stock price on November 17, with a trading volume of 159 million yuan, indicating a mixed sentiment among investors [1] Financing Summary - On November 17, TianShun Wind Power had a financing buy-in amount of 12.86 million yuan and a financing repayment of 16.04 million yuan, resulting in a net financing outflow of 3.18 million yuan [1] - The total financing and margin trading balance reached 261 million yuan, with the financing balance accounting for 1.95% of the circulating market value, indicating a relatively high level compared to the past year [1] - The company had a margin trading repayment of 100 shares and a margin selling of 4,100 shares, with a margin balance of 796,600 yuan, which is below the 10% percentile level over the past year, indicating a low level of short selling activity [1] Business Performance - For the period from January to September 2025, TianShun Wind Power reported a revenue of 3.723 billion yuan, reflecting a year-on-year growth of 4.56%, while the net profit attributable to shareholders decreased by 76.10% to 69.71 million yuan [2] - The company's main business revenue composition includes 53.62% from onshore wind equipment, 31.66% from power generation, 9.46% from offshore wind equipment, and 5.26% from other sources [1] Shareholder Information - As of November 10, the number of shareholders for TianShun Wind Power increased by 1.86% to 80,900, while the average circulating shares per person decreased by 1.83% to 22,074 shares [2] - The company has cumulatively distributed 1.426 billion yuan in dividends since its A-share listing, with 171 million yuan distributed over the past three years [3] - Notable institutional holdings include Guangfa Multi-Factor Mixed Fund as the third-largest shareholder with 18.20 million shares, and HSBC Jintrust Small Cap Stock Fund as the fifth-largest shareholder with 14.02 million shares, both indicating new entries into the shareholder list [3]

Core Viewpoint - TianShun Wind Power's stock has experienced a decline in recent trading sessions, with a year-to-date drop of 7.35% and a significant decrease in net profit for the first nine months of 2025 [1][2]. Company Overview - TianShun Wind Power, established on January 18, 2005, and listed on December 31, 2010, is located in Shanghai and specializes in the production and sales of wind towers and components, wind turbine blades and molds, offshore wind power equipment, and the development, investment, construction, and operation of wind farm projects [1]. - The company's main business revenue composition includes: 53.62% from onshore wind equipment, 31.66% from power generation, 9.46% from offshore wind equipment, and 5.26% from other sources [1]. Financial Performance - For the period from January to September 2025, TianShun Wind Power reported a revenue of 3.723 billion yuan, representing a year-on-year growth of 4.56%. However, the net profit attributable to shareholders was 69.71 million yuan, reflecting a significant year-on-year decrease of 76.10% [2]. - The company has distributed a total of 1.426 billion yuan in dividends since its A-share listing, with 171 million yuan distributed over the past three years [3]. Shareholder Structure - As of November 10, 2025, the number of shareholders for TianShun Wind Power increased to 80,900, with an average of 22,074 circulating shares per person, a decrease of 1.83% from the previous period [2]. - Notable institutional shareholders include Guangfa Multi-Factor Mixed Fund, which is the third-largest shareholder with 18.1993 million shares, and HSBC Jintrust Small Cap Fund, which is the fifth-largest shareholder with 14.0193 million shares, both of which are new entrants [3].

Core Viewpoint - TianShun Wind Power's stock has experienced fluctuations, with a current price of 7.46 CNY per share, reflecting a year-to-date decline of 5.45% and a recent 20-day drop of 12.75% [1][2] Financial Performance - For the period from January to September 2025, TianShun Wind Power reported a revenue of 3.723 billion CNY, representing a year-on-year growth of 4.56%. However, the net profit attributable to shareholders decreased by 76.10% to 69.71 million CNY [2] - Cumulative cash dividends since the A-share listing amount to 1.426 billion CNY, with 171 million CNY distributed over the past three years [3] Shareholder Structure - As of November 10, 2025, the number of shareholders increased to 80,900, with an average of 22,074 circulating shares per shareholder, a decrease of 1.83% [2] - The top ten circulating shareholders include new entrants such as GF Multi-Factor Mixed Fund and HSBC Jintrust Small Cap Fund, indicating changes in institutional holdings [3] Market Activity - The stock's trading volume reached approximately 93.86 million CNY, with a turnover rate of 0.70% [1] - The main capital flow showed a net outflow of 894,300 CNY, with significant selling pressure compared to buying [1] Business Overview - TianShun Wind Power, established in 2005 and listed in 2010, specializes in the production and sales of wind towers and components, wind turbine blades, and related products, with a revenue composition of 53.62% from onshore wind equipment and 31.66% from power generation [1] - The company operates within the electric equipment sector, specifically focusing on wind power equipment and components [1]

Core Insights - TianShun Wind Power's stock increased by 0.93% on November 10, with a trading volume of 201 million yuan, indicating positive market sentiment [1] - The company reported a net profit of 69.71 million yuan for the first nine months of 2025, a significant decrease of 76.10% year-on-year, despite a revenue increase of 4.56% to 3.723 billion yuan [2] Financing and Trading Activity - On November 10, TianShun Wind Power had a financing buy-in of 24.23 million yuan and a net financing buy of 8.05 million yuan, with a total financing balance of 266 million yuan, representing 1.96% of its market capitalization [1] - The company's margin trading balance is above the 60th percentile of the past year, indicating a relatively high level of trading activity [1] - The short selling activity on the same day included a repayment of 22,300 shares and a sale of 800 shares, with a short selling balance of 9.96 million shares, which is below the 10th percentile of the past year [1] Shareholder and Institutional Holdings - As of October 31, the number of shareholders increased by 1.88% to 79,500, while the average number of circulating shares per person decreased by 1.85% to 22,485 shares [2] - The company has distributed a total of 1.426 billion yuan in dividends since its A-share listing, with 171 million yuan distributed in the last three years [3] - Notable institutional shareholders include Guangfa Multi-Factor Mixed Fund, which is the third-largest shareholder with 18.1993 million shares, and HSBC Jintrust Small Cap Fund, which is a new shareholder with 14.0193 million shares [3]

Core Viewpoint - TianShun Wind Power's stock price has shown fluctuations, with a recent increase of 2.04% to 7.49 CNY per share, while the company faces challenges with a year-to-date decline of 5.07% in stock price and a significant drop in net profit [1][2]. Financial Performance - For the period from January to September 2025, TianShun Wind Power reported a revenue of 3.723 billion CNY, reflecting a year-on-year growth of 4.56%. However, the net profit attributable to shareholders was 69.71 million CNY, which represents a substantial decrease of 76.10% compared to the previous year [2]. - Cumulatively, since its A-share listing, the company has distributed a total of 1.426 billion CNY in dividends, with 171 million CNY distributed over the last three years [3]. Shareholder Information - As of October 31, 2025, the number of shareholders for TianShun Wind Power reached 79,500, an increase of 1.88% from the previous period. The average number of circulating shares per shareholder decreased by 1.85% to 22,485 shares [2]. - The top ten circulating shareholders include new entrants such as GF Multi-Factor Mixed Fund and HSBC Jintrust Small Cap Fund, indicating a shift in institutional holdings [3]. Market Activity - The stock experienced a trading volume of 138 million CNY with a turnover rate of 1.04%. The main capital flow showed a net outflow of 928,300 CNY, with significant buying and selling activities from large orders [1]. - The company operates primarily in the wind power sector, with its main business revenue sources being onshore wind equipment (53.62%), power generation (31.66%), and offshore wind equipment (9.46%) [1].

Core Viewpoint - TianShun Wind Power's stock has experienced fluctuations, with a recent decline of 2.10% and a total market capitalization of 14.249 billion yuan, reflecting mixed investor sentiment and market activity [1]. Financial Performance - For the first half of 2025, TianShun Wind Power reported a revenue of 2.189 billion yuan, a year-on-year decrease of 3.08%, and a net profit attributable to shareholders of 53.823 million yuan, down 75.08% compared to the previous year [2]. - The company has cumulatively distributed 1.426 billion yuan in dividends since its A-share listing, with 171 million yuan distributed over the last three years [3]. Shareholder Structure - As of October 20, 2025, the number of shareholders decreased by 5.45% to 78,000, while the average number of circulating shares per person increased by 5.76% to 22,908 shares [2]. - The top ten circulating shareholders include significant institutional investors, with Hong Kong Central Clearing Limited holding 17.5304 million shares, an increase of 3.2915 million shares from the previous period [3].

Core Viewpoint - TianShun Wind Power's stock has shown a modest increase in price, with a current trading price of 8.07 yuan per share and a market capitalization of 14.501 billion yuan, despite a slight net outflow of funds [1] Financial Performance - For the first half of 2025, TianShun Wind Power reported a revenue of 2.189 billion yuan, representing a year-on-year decrease of 3.08%, while the net profit attributable to shareholders was 53.823 million yuan, down 75.08% year-on-year [2] - The company has cumulatively distributed 1.426 billion yuan in dividends since its A-share listing, with 171 million yuan distributed over the past three years [3] Shareholder Structure - As of October 20, 2025, the number of shareholders for TianShun Wind Power decreased to 78,000, a reduction of 5.45%, while the average circulating shares per person increased by 5.76% to 22,908 shares [2] - The top ten circulating shareholders include significant institutional investors, with Hong Kong Central Clearing Limited holding 17.5304 million shares, an increase of 3.2915 million shares from the previous period [3]

Core Viewpoint - TianShun Wind Power experienced a slight decline in stock price and trading volume, with notable changes in financing and shareholder structure, indicating potential investment opportunities and challenges in the wind energy sector [1][2]. Financing Summary - On October 23, TianShun Wind Power had a financing buy-in amount of 16.12 million yuan, with a net financing outflow of -5.93 million yuan, indicating a higher repayment than new purchases [1]. - The total financing and margin trading balance reached 238 million yuan, with the financing balance at 236 million yuan, representing 1.66% of the circulating market value, which is below the 30th percentile level over the past year [1]. - The company also had a margin trading repayment of 5,800 shares and a margin selling of 1,000 shares, with a margin balance of 1.68 million yuan, also below the 30th percentile level over the past year [1]. Shareholder Structure - As of October 20, the number of shareholders for TianShun Wind Power decreased to 78,000, a reduction of 5.45%, while the average circulating shares per person increased by 5.76% to 22,908 shares [2]. - The company has distributed a total of 1.426 billion yuan in dividends since its A-share listing, with 171 million yuan distributed in the last three years [3]. - Notable changes in institutional holdings include an increase in shares held by Hong Kong Central Clearing Limited and other funds, indicating a shift in investor interest [3].

Core Viewpoint - TianShun Wind Power's stock price has shown fluctuations, with a recent increase of 2.15% and a total market capitalization of 14.519 billion yuan, indicating investor interest despite recent declines in the stock price over the past five trading days [1] Financial Performance - For the first half of 2025, TianShun Wind Power reported a revenue of 2.189 billion yuan, a year-on-year decrease of 3.08%, and a net profit attributable to shareholders of 53.823 million yuan, down 75.08% year-on-year [2] - Cumulatively, since its A-share listing, the company has distributed a total of 1.426 billion yuan in dividends, with 171 million yuan distributed over the past three years [3] Shareholder Structure - As of June 30, 2025, the number of shareholders for TianShun Wind Power stood at 82,500, with an average of 21,660 circulating shares per person [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 17.5304 million shares, and several mutual funds that have increased their holdings [3]

Group 1 - TianShun Wind Power experienced a decline of 5.1%, with a current stock price of 7.82 CNY per share and a trading volume of 283 million CNY, resulting in a turnover rate of 1.99% and a total market capitalization of 14.052 billion CNY [1] - The company, established on January 18, 2005, and listed on December 31, 2010, specializes in the production and sales of wind towers and components, wind turbine blades and molds, offshore wind power equipment, and the development, investment, construction, and operation of wind farm projects [1] - The main revenue composition of TianShun Wind Power includes: 53.62% from onshore wind equipment, 31.66% from power generation, 9.46% from offshore wind equipment, and 5.26% from other sources [1] Group 2 - Xinjiang Qianhai United Fund holds a significant position in TianShun Wind Power, with its fund, Qianhai United Yonglong Mixed A (004128), reducing its holdings by 185,600 shares in the second quarter, now holding 1.486 million shares, which accounts for 4.91% of the fund's net value, ranking as the fifth-largest holding [2] - The fund has reported a floating loss of approximately 624,100 CNY as of today [2] - Qianhai United Yonglong Mixed A (004128) was established on August 29, 2017, with a current scale of 25.3906 million CNY, achieving a year-to-date return of 53.02%, ranking 645 out of 8160 in its category, and a one-year return of 60.6%, ranking 697 out of 8021 [2]