Core Viewpoint - Haili Wind Power has seen a significant stock price increase of 5.37% on September 29, reaching 97.87 CNY per share, with a total market capitalization of 21.276 billion CNY, indicating a cumulative increase of 6.45% over the past four days [1] Company Overview - Jiangsu Haili Wind Power Equipment Technology Co., Ltd. was established on August 18, 2009, and listed on November 24, 2021. The company specializes in the research, production, and sales of wind power equipment components, agricultural machinery, port machinery, and environmental protection machinery [1] - The main revenue composition of the company includes: 77.04% from foundations, 14.38% from wind power towers, 6.72% from guide frames, and 1.85% from other sources [1] Fund Holdings - According to data, one fund under ICBC Credit Suisse holds Haili Wind Power as a significant position. The ICBC Lingdong Value Mixed A Fund (010744) held 161,900 shares in the second quarter, accounting for 2.13% of the fund's net value, ranking as the eighth largest holding [2] - The fund has generated a floating profit of approximately 807,900 CNY today and 911,500 CNY during the four-day increase [2] - The ICBC Lingdong Value Mixed A Fund was established on December 25, 2020, with a current size of 498 million CNY and a year-to-date return of 20.4%, ranking 4365 out of 8244 in its category [2]

截至6月末，天能重工在全国共有13个风机塔架生产基地，合计产能约为91.35万吨，基本覆盖了国内风电基地，在同行业中处于领先水平。 天能重工表示："鉴于行业的特殊运营模式，运输费用占公司产品成本比例较高，同时，大基地项目的陆续开工建设，对风机塔筒制造企业保供交付能力 也提出了更高要求。公司更为贴近市场的布局可以有效降低成本，提升保供交付效率，并增强销售与售后服务能力，加强公司与客户的合作黏性，为业绩 增长打下良好基础。" （大众新闻·经济导报记者 贾义航） 企查查9月28日信息显示，天能重工（300569.SZ）中标中广核新能源重庆酉阳骨干山50MW陆上风电项目一期塔筒采购项目，中标金额1431.77万元，项目 招采单位为重庆广西新能源有限公司。 天能重工成立于2006年，总部位于山东省青岛胶州市，为风电塔筒行业的国内龙头企业之一。该公司2025年半年报显示，报告期内实现营业收入14.58亿 元，同比上升25.15%，归母净利润为6924.26万元，同比上升6.43%。 ...

数据显示，华富基金旗下1只基金重仓海力风电。华富新能源股票型发起式A（012445）二季度持有股 数21万股，占基金净值比例为2.82%，位居第八大重仓股。根据测算，今日浮盈赚取约97.23万元。连续 3天上涨期间浮盈赚取84.42万元。 华富新能源股票型发起式A（012445）成立日期2021年6月29日，最新规模2.52亿。今年以来收益 57.92%，同类排名390/4220；近一年收益75.95%，同类排名1008/3824；成立以来收益11.08%。 华富新能源股票型发起式A（012445）基金经理为沈成。 9月26日，海力风电涨5.07%，截至发稿，报95.90元/股，成交2.37亿元，换手率2.04%，总市值208.48亿 元。海力风电股价已经连续3天上涨，区间累计涨幅4.61%。 资料显示，江苏海力风电设备科技股份有限公司位于江苏省如东经济开发区金沙江路北侧、井冈山路东 侧，成立日期2009年8月18日，上市日期2021年11月24日，公司主营业务涉及国家产业政策允许的风力 发电设备的零部件研发、生产、销售;农业机械、港口机械、环保机械生产、销售;钢结构、机电设备安 装;钢材销售。(依法须经批准 ...

9月25日，海力风电涨1.92%，成交额3.97亿元。两融数据显示，当日海力风电获融资买入额3726.58万 元，融资偿还3689.66万元，融资净买入36.92万元。截至9月25日，海力风电融资融券余额合计1.87亿 元。 资料显示，江苏海力风电设备科技股份有限公司位于江苏省如东经济开发区金沙江路北侧、井冈山路东 侧，成立日期2009年8月18日，上市日期2021年11月24日，公司主营业务涉及国家产业政策允许的风力 发电设备的零部件研发、生产、销售;农业机械、港口机械、环保机械生产、销售;钢结构、机电设备安 装;钢材销售。(依法须经批准的项目,经相关部门批准后方可开展经营活动)。主营业务收入构成为：桩 基77.04%，风电塔筒14.38%，导管架6.72%，其他(补充)1.85%。 截至9月10日，海力风电股东户数1.58万，较上期减少1.74%；人均流通股7821股，较上期增加1.77%。 2025年1月-6月，海力风电实现营业收入20.30亿元，同比增长461.08%；归母净利润2.05亿元，同比增长 90.61%。 分红方面，海力风电A股上市后累计派现2.37亿元。近三年，累计派现4130.44万元 ...

Group 1 - The core viewpoint of the news is the performance and market position of Jiangsu Haili Wind Power Equipment Technology Co., Ltd., which saw a stock price increase of 5.35% to 87.78 CNY per share, with a total market capitalization of 19.083 billion CNY [1] - The company was established on August 18, 2009, and listed on November 24, 2021, focusing on the research, production, and sales of wind power equipment components, among other machinery [1] - The main revenue composition of the company includes 77.04% from foundations, 14.38% from wind power towers, 6.72% from conductors, and 1.85% from other sources [1] Group 2 - From the perspective of fund holdings, Haili Wind Power is a significant investment for the Xinda Australia Fund, with the Xinda Value Select Mixed A Fund holding 108,000 shares, representing 5% of the fund's net value [2] - The Xinda Value Select Mixed A Fund was established on October 26, 2021, with a current scale of 136 million CNY and has achieved a year-to-date return of 6.37% [2] - The fund manager, Li Xiaoxi, has been in position for 5 years and 215 days, with the fund's total asset scale at 894 million CNY [3]

Company Overview - Jiangsu Haili Wind Power Equipment Technology Co., Ltd. is located in Rudong Economic Development Zone, Jiangsu Province, established on August 18, 2009, and listed on November 24, 2021 [1] - The company's main business includes research, production, and sales of wind power generation equipment components, agricultural machinery, port machinery, environmental protection machinery, and steel structure installation [1] - The revenue composition of the main business is as follows: 77.04% from foundations, 14.38% from wind power towers, 6.72% from guide frames, and 1.85% from other sources [1] Stock Performance - On September 17, Haili Wind Power's stock rose by 5.01%, reaching a price of 84.30 CNY per share, with a trading volume of 246 million CNY and a turnover rate of 2.42%, resulting in a total market capitalization of 18.326 billion CNY [1] Fund Holdings - Xiangcai Fund has one fund heavily invested in Haili Wind Power, specifically the Xiangcai New Energy Quantitative Selection Mixed A (020779), which held 1,300 shares, accounting for 2.54% of the fund's net value, ranking as the sixth-largest holding [2] - The fund has achieved a year-to-date return of 32.21%, ranking 2475 out of 8172 in its category, and a one-year return of 24.38%, ranking 5735 out of 7980 [2] Fund Manager Performance - The fund managers of Xiangcai New Energy Quantitative Selection Mixed A include Che Guanglu, Xu Yida, and Bao Jiamin, with varying tenures and performance records [3] - Che Guanglu has a tenure of 13 years and 204 days, with a best return of 54.67% and a worst return of -40.29% [3] - Xu Yida has a tenure of 5 years and 129 days, with a best return of 63.09% and a worst return of -25.37% [3] - Bao Jiamin has a tenure of 1 year and 198 days, with a best return of 52.79% and a worst return of -0.02% [3]

Core Viewpoint - Jiangsu Haili Wind Power Equipment Technology Co., Ltd. is experiencing fluctuations in financing and stock performance, with significant growth in revenue and net profit reported for the first half of 2025 [1][2]. Financing and Stock Performance - On September 15, Haili Wind Power's stock fell by 0.21%, with a trading volume of 258 million yuan. The financing buy-in amount was 15.92 million yuan, while the financing repayment was 26.95 million yuan, resulting in a net financing outflow of 11.03 million yuan [1]. - As of September 15, the total balance of margin trading for Haili Wind Power was 201 million yuan, with the current financing balance at 199 million yuan, accounting for 1.12% of the circulating market value, which is below the 40th percentile level over the past year [1]. - In terms of securities lending, on September 15, Haili Wind Power repaid 700 shares and sold 100 shares, with a selling amount of 8,193 yuan. The remaining securities lending volume was 23,500 shares, with a balance of 1.93 million yuan, exceeding the 90th percentile level over the past year [1]. Company Overview - Haili Wind Power, established on August 18, 2009, and listed on November 24, 2021, is primarily engaged in the research, production, and sales of wind power equipment components, among other machinery [2]. - The company's main revenue sources include: foundation piles (77.04%), wind power towers (14.38%), and other components (8.58%) [2]. - As of September 10, the number of shareholders was 15,800, a decrease of 1.74%, while the average circulating shares per person increased by 1.77% to 7,821 shares [2]. Financial Performance - For the first half of 2025, Haili Wind Power reported a revenue of 2.03 billion yuan, representing a year-on-year growth of 461.08%, and a net profit attributable to shareholders of 205 million yuan, up 90.61% year-on-year [2]. - Since its A-share listing, the company has distributed a total of 237 million yuan in dividends, with 41.30 million yuan distributed over the past three years [3]. Shareholder Structure - As of June 30, 2025, the top ten circulating shareholders included Hong Kong Central Clearing Limited as the eighth largest shareholder with 1.84 million shares, a new addition to the list. BlackRock China New Horizon Mixed A (013426) was the ninth largest shareholder, holding 1.68 million shares, unchanged from the previous period [3].

Investment Rating - The report gives a "Buy" rating for the company, indicating a positive outlook on its stock performance relative to the market benchmark [3][5]. Core Views - The company has shown significant revenue growth, with a 461.08% year-on-year increase in H1 2025, reaching 2.03 billion yuan, and a net profit growth of 90.61% [1]. - The company benefits from the recovery in offshore wind power project commencements, leading to increased product volume and profitability [2]. - The company is well-positioned for future growth due to its proactive capacity expansion and strategic planning for export markets [2]. Summary by Sections Financial Performance - In Q2 2025, the company achieved a revenue of 1.59 billion yuan, a year-on-year increase of 570.63% and a quarter-on-quarter increase of 264.99% [1]. - The net profit for Q2 2025 was 141 million yuan, reflecting a year-on-year growth of 315.82% and a quarter-on-quarter growth of 121.16% [1]. - The overall gross margin for H1 2025 was 17.04%, up by 15.16 percentage points year-on-year, with Q2 2025 gross margin at 17.59% [2]. Business Segments - The company’s revenue from foundation piles, wind turbine towers, and jacket structures in H1 2025 was 1.564 billion yuan, 292 million yuan, and 136 million yuan respectively, with year-on-year growth rates of 1092.63%, 124.14%, and 84.94% [2]. - The gross margins for these segments were 16.30%, 11.91%, and 19.44%, showing significant improvements compared to the previous year [2]. Growth Projections - Revenue projections for 2025-2027 are 5.27 billion yuan, 6.93 billion yuan, and 8.93 billion yuan, with year-on-year growth rates of 288.8%, 31.6%, and 28.8% respectively [3]. - Net profit projections for the same period are 654 million yuan, 952 million yuan, and 1.285 billion yuan, with year-on-year growth rates of 888.5%, 45.6%, and 35.0% respectively [3]. Valuation Metrics - The price-to-earnings (PE) ratios based on the closing market value on September 10, 2025, are projected to be 26.48, 18.18, and 13.47 for 2025, 2026, and 2027 respectively [3].

资金流向方面，主力资金净流出162.67万元，特大单买入0.00元，占比0.00%，卖出108.40万元，占比 1.89%；大单买入1328.65万元，占比23.15%，卖出1382.92万元，占比24.10%。 海力风电今年以来股价涨52.59%，近5个交易日涨8.28%，近20日涨7.55%，近60日涨18.14%。 资料显示，江苏海力风电设备科技股份有限公司位于江苏省如东经济开发区金沙江路北侧、井冈山路东 侧，成立日期2009年8月18日，上市日期2021年11月24日，公司主营业务涉及国家产业政策允许的风力 发电设备的零部件研发、生产、销售;农业机械、港口机械、环保机械生产、销售;钢结构、机电设备安 装;钢材销售。(依法须经批准的项目,经相关部门批准后方可开展经营活动)。主营业务收入构成为：桩 基77.04%，风电塔筒14.38%，导管架6.72%，其他(补充)1.85%。 9月11日，海力风电盘中上涨2.02%，截至10:01，报81.21元/股，成交5738.08万元，换手率0.58%，总市 值176.54亿元。 截至8月29日，海力风电股东户数1.60万，较上期增加7.55%；人均流通股7685 ...

Core Viewpoint - The company is expanding its business into new sectors, particularly in renewable energy and high-end concrete products, while maintaining its strengths in water conservancy and municipal sectors [2] Business Expansion - The company has successfully entered the wind tower manufacturing sector and has secured a series of orders [2] - It is actively exploring and developing high-end concrete products such as PC components, subway segments, and railway track slabs [2] R&D and Production Optimization - The company leverages its R&D capabilities and production experience to continuously optimize product design and manufacturing processes [2] - This optimization aims to enhance product competitiveness and create more project collaboration opportunities [2] Risk Management and Profitability - The company is focused on rapidly developing its business to improve comprehensive risk management capabilities and enhance overall profitability [2]