Hong Kong stocks concept tracking | The worst scenario for wind power prices has passed, and the installation target for the next five years has been doubled (with related concept stocks)

The latest data shows that as of now, the newly installed and connected wind power capacity in China has exceeded 57.84 million kilowatts, with a cumulative installed capacity of 580 million kilowatts, accounting for 15.7% of the national power generation capacity. Wind power generation from large-scale enterprises accounts for 10.1% of the total electricity consumption in society. China's wind power installation capacity has remained the world's number one for 15 consecutive years and is entering a new era with an annual average of more than 100 million kilowatts of new installations. From January to August of year 25, national wind power installation reached 58GW, a year-on-year increase of 72%, and delivery of offshore and onshore wind power continued to increase in Q3. From January to September of year 25, onshore wind turbines bid for 79GW, a 7% year-on-year increase; offshore wind bidding reached 8.3GW, a 9% year-on-year increase. Regarding offshore wind, projects in Jiangsu and Guangdong are progressing smoothly, and there are high expectations for deep-sea catalysis. On October 20th, the 2025 Beijing International Wind Energy Conference and Exhibition, known as the "wind vane" and "barometer" of Chinese 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. The declaration proposes that the annual new installed capacity during the "15th Five-Year Plan" period should not be less than 120 million kilowatts, doubling the average annual installed capacity compared to the goal set in 2020. 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 there may be differences in performance among enterprises, it will be a relatively good year for the industry. Wind power-related companies in the Hong Kong stock market: China Longyuan Power Group Corporation (00916): A listed company under the State Energy Group's new energy sector, with rapid development in offshore wind power business. It has multiple large-scale offshore wind farms in Jiangsu, Fujian, and other areas, which can enjoy value-added tax refunds after the policy implementation, increasing cash flow and enhancing overall performance. Earlier this year, the company won the bid for the Longyuan Sheyang 1 million kilowatt offshore wind power project, which is a key project for the Jiangsu Provincial Development and Reform Commission in 2025. Goldwind Science & Technology (02208): As one of the leading companies in the domestic wind power industry, Goldwind Science & Technology has made significant investments in offshore wind power technology research and product manufacturing. This policy will further promote the development of the offshore wind power market, providing a more favorable market environment for the sales of its offshore wind power equipment. Goldwind Science & Technology's revenue from self-developed wind farms reached 10.8 billion RMB in 2024. In the first half of 2025, the new signing orders for the offshore wind power market reached 6GW. In the bidding for the 675MW wind power project of HuaDian in October 2025, Goldwind Science & Technology's share of winning bids exceeded 43%, demonstrating its strong competitiveness in the bidding for offshore wind power projects. In addition, Goldwind Science & Technology is actively expanding into the offshore wind power market, planning to invest 6 billion RMB to build a zero-carbon wind power industry base in the northern Gulf, further enhancing its competitiveness in the offshore wind power market. Goldwind Science & Technology's cumulative delivery of wind power hybrid towers has exceeded 3000 units, serving over 240 wind power projects in 21 provinces nationwide, with a cumulative delivery capacity of over 15GW.