TMT: Revenue from wind turbine blades surged 50% in the first quarter, with tight delivery status expected throughout the year
Recently, reporters learned from TMT that as the global wind power industry accelerates its transition to green and sustainable practices, TMT has been in a relatively tight delivery state throughout the year due to strong market demand for wind turbine blades. From January to March this year, it has signed blade sales contracts with several domestic wind turbine manufacturers, with a total amount reaching 1.98 billion yuan, a year-on-year increase of 50% compared to 1.32 billion yuan in the first quarter of last year. According to a relevant person in charge of TMT's wind power product division, in 2024, TMT's wind turbine blade sales are expected to approach 3,000 sets. This year, the company will further optimize its production capacity structure, increase R&D investment, and enhance blade production capacity to meet future market demand
