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Soochow Securities: The demand for onshore and offshore wind installations will resonate in 2025, bullish on the growth potential of offshore wind.
In 2025, offshore wind power installation will experience rapid growth, showing long-term growth potential; onshore wind power installation will benefit from improved demand, and the wind turbine sector will gain from stable prices and cost optimization to achieve a profit reversal. The casting sector and others have the basis for price increases and enjoy significant profit elasticity.
Market Still Lacking Some Conviction On Ningbo Orient Wires & Cables Co.,Ltd. (SHSE:603606)
ningbo orient wires & cables (603606.SH): In November, the company did not repurchase shares through centralized competitive trading.
Glory December 3rd | Ningbo Orient Wires & Cables (603606.SH) announced that in November 2024, the company did not repurchase shares through centralized competitive trading. As of November 30, 2024, the company has repurchased a total of 1,913,400 shares of the company through the Shanghai Stock Exchange trading system through centralized competitive trading, accounting for approximately 0.2782% of the company's total share capital of 687,715,368 shares. The highest repurchase price was 51.80 yuan/share, the lowest price was 42.88 yuan/share, and the total amount of funds paid was RMB 89,188,677.00.
Haitong sec: Onshore wind turbine bidding is strong, and offshore wind will usher in a new growth cycle.
The fan bidding remains strong, with sustained high demand.
Soochow Securities: Downstream deliveries in 24Q3 gradually increased, with a month-on-month improvement in wind turbine gross margin.
It is expected that the installed capacity of Haifeng will be 7-8GW in 2024, and 13-15GW in 2025, with an increase of 25% and 100% respectively.
Ningbo Orient Wires & Cables Plans 554 Million Yuan Investment for HQ Construction
Ningbo Orient Wires & Cables Co.,Ltd. Just Missed EPS By 14%: Here's What Analysts Think Will Happen Next
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