中国风电供应链盈利复苏动能增强，上调目标价Lifting POs on wind supply chain with earnings recovery gaining momentum_ Price Objective Change

Accessible version Wind - China (H/A) Lifting POs on wind supply chain with earnings recovery gaining momentum Price Objective Change Raising POs and earnings for cables and wind turbines We remain positive on China's wind supply chain, despite a 24% average rally of the 4 major stocks over the past month, as earnings continue to recover from a low base amid resilient wind installation demand, recovering turbine prices and growing share of high- margin segments (high-voltage cable, offshore wind, exports). ...