Changes in Hong Kong stocks | Goldwind Technology (02208) rose more than 6%, and domestic wind power tenders remained high in the first three quarters, and the delivery price of mainframe to companies is expected to continue to rise

The Zhitong Finance App learned that Goldwind Technology (02208) rose more than 6%. As of press release, it had risen 6.17% to HK$14.45, with a turnover of HK$143 million.

Guojin Securities released a research report saying that the net operating cash flow of the wind power industry continued to improve in 25Q3, with the sector's net operating cash flow of 3.4 billion yuan, an increase of 700 million yuan over the previous year. The inventory scale of the Q3 industry continued to rise, and contract debt gradually declined. It is expected that industry demand will remain high during the peak installation season in Q4. Domestic wind power tenders remained high in the first three quarters. It is estimated that the current industry orders are about 300 GW. Ample on-hand orders are expected to ensure that subsequent industry demand and prices remain at a good level.

According to Guohai Securities, Goldwind Technology achieved revenue of 48.147 billion yuan in 2025Q1-Q3, an increase of 34% over the previous year; net profit to mother was 2,584 billion yuan, an increase of 44% over the previous year. The 2025Q3 Company achieved revenue of 19.610 billion yuan, up 25% year on year and 3% month on month; net profit to mother was 1,097 billion yuan, up 171% year on year and 19% month on month. At the end of the “14th Five-Year Plan”, driven by Document No. 136, domestic demand may be ready in 2025Q4. The company's fan sales in a single quarter are expected to reach a record high. Under the scale effect, the company's profitability is expected to further increase. Meanwhile, according to the bank's statistics, fan prices have continued to rise since 2024Q4. The fan bid price from January to September 2025 will increase by about 8% compared to the full year of 2024, and the company's console delivery price is expected to continue to rise from 2025Q4.