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Soochow: In Q3, downstream deliveries gradually increased, and the gross margin of wind turbines improved compared to the previous period.
Soochow Securities stated that it expects the offshore wind power installations to reach 7-8GW in 2024 and 13-15GW in 2025, representing year-on-year increases of 25% and 100%, respectively; the long-term growth potential is promising with deep-sea connections.
shanghai taisheng wind power equipment (300129.SZ): Currently no consideration for industrial overseas expansion.
Glory Times on November 8th: Shanghai Taisheng Wind Power Equipment (300129.SZ) stated on the investor interaction platform that the company actively conducts overseas business, has established Taisheng International (Germany) GmbH in Germany, is committed to serving overseas customers, maintaining and expanding cooperation with overseas customers, and currently has no consideration for industries going abroad. The company has also explored the intelligence empowerment equipment manufacturing field, with factories in Changji, Yangzhou, and Lanzhou using generally advanced equipment with high levels of automation and mechanization.
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