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CICC: The newly added installation capacity for wind power has reached a two-year high, raising the forecast for China's newly added wind power installation in 2025.
Recently, the Wind Power Committee of the China Renewable Energy Society (CWEA) released data on the newly installed capacity of wind power in China for 2024, indicating that the newly installed capacity for wind power in China in 2024 will be 87.0GW, setting a historical high for the second consecutive year.
Jinlei Technology (300443.SZ): The forging capacity is at full production status, while the casting capacity is still in the ramp-up phase.
On February 25, Gelonghui reported that Jinlei Technology (300443.SZ) stated on the investor interaction platform that the company's forging capacity is operating at full production. In terms of casting, the casting capacity is still in the ramp-up stage, but there is currently a sufficient number of Orders. The company is accelerating the release of casting capacity to meet market demand. By 2025, foreign Orders have already been negotiated, and domestic Order negotiations have also entered the final stage, with results meeting the company's expectations.
Jinlei Technology (300443.SZ): Plans to lay out in the wind power bearing field.
On February 25, Gelonghui reported that Jinlei Technology (300443.SZ) announced on the investor interaction platform that the company plans to make developments in the wind power Bearing field and established Jinlei Transmission Technology (Suzhou) Co., Ltd. in May 2023, mainly engaged in the R&D, production, and sales of Bearings and components. In December 2023, the company gained controlling interest in Liaoyuan City Scientific Research Institute Co., Ltd., mainly engaged in the R&D, production, and sales of Plastics bearing shells and other products.
Jinlei Technology (300443.SZ): The free forged products are widely used in the Ship Industry, but have not yet been used in Military Industry vessels.
On February 25, Galunhui reported that Jinlei Technology (300443.SZ) stated on the investor interaction platform that the company's forged products are widely used in the Ship Industry, but have not yet been used in Military Industry vessels.
Jinlei Technology (300443.SZ): Currently, there are no partnerships with component suppliers related to retail Siasun Robot&Automation.
On February 25, Gelonghui reported that Jinlei Technology (300443.SZ) stated on its investor interaction platform that the company's main products are wind turbine spindles and other large casting and forging products. Wind turbine spindles are used in the Wind Industry, while other casting and forging products are mainly used in Ship manufacturing, metallurgical equipment, Energy power, Papermaking Machinery, industrial blowers, and other Industries. The company currently does not have any partnership with suppliers of components related to retail Siasun Robot&Automation.
With A Return On Equity Of 7.4%, Has Jinlei Technology Co., Ltd.'s (SZSE:300443) Management Done Well?