Understanding the Market | Goldwind rises over 5% again, the company plans to invest 18.9 billion in hydrogen and ammonia, institutions believe wind turbine profitability is expected to recover

Goldwind's stock price rose over 5% again, up 4.17% as of the time of writing, reported at HKD 11.25, with a trading volume of HKD 107 million. The company plans to invest CNY 18.92 billion to build an integrated wind power hydrogen and methanol project in Inner Mongolia, aiming to develop 3GW of wind power capacity, with an annual production of 600,000 tons of green methanol and 400,000 tons of green ammonia. Minsheng Securities expects that the total bidding volume for domestic wind power projects will reach 71.9GW by 2025, with a total of 41.4GW of external orders to be executed, and overseas orders are expected to grow by 42.27% year-on-year