Lates News

The research report of CITIC Securities pointed out that the domestic wind power industry is showing a significant recovery trend in demand due to its relatively high return on investment and more grid-friendly relative advantages. The industry chain is expected to steadily improve with the trend of "anti-inner turmoil" in the wind turbine industry supply and demand pattern and competitive situation. Benefiting from: 1) the gradual return of the development focus of the wind turbine industry to product quality and sustainable healthy operation, and the onshore wind turbine prices have bottomed out and rebounded; 2) the vast market space in the domestic offshore and overseas wind turbine markets, reaching a turning point and generally entering a period of significantly higher threshold and profit capability than the domestic onshore wind turbine market. In addition, domestic leading wind turbine manufacturers are expected to enter an accelerating growth period after years of layout, opening up medium to long-term growth space. Therefore, benefiting from factors such as the improvement of the "double sea" sales structure, the restoration of wind turbine execution prices, and the multi-path cost reduction of manufacturers, the domestic wind turbine industry is expected to enter a stage of synchronized rise in quantity and price, welcoming a dual recovery in performance and valuation.