New stock news | Dajin Heavy Industry (002487.SZ) ranks fifth among China's wind tower suppliers after participating in a hearing at the Hong Kong Stock Exchange.

According to the disclosure on May 18 by the Hong Kong Stock Exchange, Dajin Heavy Industry Co., Ltd. (referred to as Dajin Heavy Industry, 002487.SZ) conducted a listing hearing on the main board of the Hong Kong Stock Exchange, with Huatai International and CMSC International as joint sponsors. According to the prospectus, the company is a globally leading supplier of core equipment for offshore wind power, having been deeply involved in the wind power industry for nearly twenty years, providing a one-stop solution for the construction, transportation, and delivery of wind power equipment for major global offshore wind power developers. The company has strategically positioned itself in the global deep sea wind power market, focusing on high-tech standards, high-quality requirements, and significant commercial potential in the global mainstream offshore wind power market. Its core business includes research and development and manufacturing of offshore wind power equipment, specialized ocean transportation, ship design and construction, wind and photovoltaic power generation, and wind power port operation. The company is transitioning from being a product supplier to a system service provider, offering comprehensive solutions for global green energy development in wind and photovoltaic power. During the historical period, the company's revenue mainly came from the manufacturing and sales of wind power equipment, as well as limited income from wind and photovoltaic power generation and wind power port operation, with no revenue from ship design and construction. Revenue from product delivery was classified as part of the revenue from manufacturing and selling wind power equipment, and the company did not generate revenue from specialized ocean transportation business. According to Frost & Sullivan data, based on sales of single piles in the first half of 2025, the company is the top-ranked offshore wind power foundation equipment supplier in the European market, with a market share increasing from 18.5% in 2024 to 29.1% in the first half of 2025. Additionally, as of June 30, 2025, based on public disclosure documents of several competitors with similar product delivery situations, the company is the only supplier in the Asia-Pacific region to deliver single piles in bulk to Europe. According to the same data source, based on sales amounts, the company ranked fifth in the Chinese wind tower supplier market with a 2.4% market share in the first half of 2025, and ranked third with a 4.4% market share in 2024. The company was listed on the Shenzhen Stock Exchange in 2010, becoming the first A-share listed company in China specializing in wind power tower piles, and one of the first builders to participate in and witness the significant development of China's wind power industry. From the beginning of its listing, the company proposed the "two-sea strategy" (overseas wind power market and offshore wind power market), and has maintained strict strategic focus and execution for more than a decade, adhering to its core operational strategy of risk prevention, breaking the cycle, and pursuing high-quality development. The company's export of marine wind power equipment business has rapidly expanded in scale, leading the market share in the industry. Financially, in the years 2023, 2024 and 2025, the company's revenue was approximately RMB 4.325 billion, RMB 3.780 billion, and RMB 6.174 billion, respectively; while the net profit for the same period was approximately RMB 425 million, RMB 474 million, and RMB 1.103 billion, respectively.