Hong Kong Stock Concept Tracking | The worst situation for wind power prices has passed, and the installation target for the next five years has been doubled (with related stocks)

The latest data shows that as of now, the newly installed wind power capacity nationwide has exceeded 57.84 million kilowatts, with a cumulative installed capacity of 580 million kilowatts, accounting for 15.7% of the national power generation installed capacity. The wind power generation of large-scale enterprises accounts for 10.1% of the total electricity consumption in society. China's wind power installed capacity has ranked first in the world for 15 consecutive years and is entering a new era of adding more than 10 million kilowatts of new capacity annually. From January to August 2025, the national wind power installed capacity reached 58 GW, a year-on-year increase of 72%, with Q3 offshore and onshore wind deliveries continuing to rise. From January to September 2025, the bidding for onshore wind turbines reached 79 GW, a year-on-year increase of 7%; offshore wind bidding reached 8.3 GW, a year-on-year increase of 9%. In terms of offshore wind, projects in Jiangsu and Guangdong are progressing smoothly, and there are expectations for deep-sea catalysis. On October 20th, the 2025 Beijing International Wind Energy Conference and Exhibition, known as the "barometer" and "weather vane" of China's wind power, opened. At the opening ceremony, the "Beijing Wind Energy Declaration 2.0" was officially released, aiming to unite the consensus and strength of the global wind power industry. It proposes that the annual newly installed capacity during the 14th Five-Year Plan period should not be less than 120 million kilowatts, doubling the annual installed capacity target set in 2020. According to Zhitong Finance APP, Zhou Likai, the secretary of the board of directors of SANY Renewable Energy, stated in a media interview that the worst situation for wind power prices has passed, and the profitability of the wind power industry will significantly improve next year. Although corporate performance may vary, it will be a relatively good year for the industry. Wind power-related industry chain Hong Kong stocks: CHINA LONGYUAN (00916): A listed company under the State Energy Group's new energy sector, with rapid development in offshore wind power business. It has several large offshore wind farms in Jiangsu, Fujian, and other places. After the implementation of policies, it can enjoy value-added tax rebates, increasing corporate cash flow and enhancing overall performance. Earlier this year, the company won the bid for the 1 million kilowatt offshore wind power project in Longyuan Shayang, which is a key project of the Jiangsu Provincial Development and Reform Commission for 2025. GOLDWIND (02202): As one of the leading companies in the domestic wind power industry, Goldwind has invested heavily in the research and development of offshore wind power technology and product manufacturing. This policy will promote the further development of the offshore wind power market, providing a more favorable market environment for the sales of its offshore wind power equipment. Goldwind's revenue from self-owned wind farm development is expected to reach 10.8 billion RMB in 2024. In the first half of 2025, the new signed orders in the offshore wind power market reached 6 GW. In the bidding for the 675 MW wind power project of Huadian in October 2025, Goldwind accounted for over 43% of the single-bid winning volume, demonstrating its strong competitiveness in offshore wind power project bidding. Additionally, Goldwind is actively laying out the offshore wind power market, planning to invest 6 billion RMB to build a zero-carbon wind power industrial base in the Beibu Gulf, which will further enhance its competitiveness in the offshore wind power market. Goldwind's cumulative delivery of wind power hybrid towers has exceeded 3,000 units, serving over 240 wind power projects in 21 provinces across the country, with a cumulative delivery capacity exceeding 15 GW