Windey(300772)2024-09-13 09:58Group 1: Company Overview - The company, Yunda Energy Technology Group Co., Ltd., reported a total of 14,293.69 MW in new orders for the first half of 2024, with a cumulative order backlog of 34,204.63 MW by the end of June 2024 [2] - The order backlog includes 2,161.00 MW for wind turbines between 2MW-4MW, 11,795.68 MW for 4MW-6MW, 12,625.40 MW for 6MW-8MW, and 7,622.55 MW for turbines above 8MW [2] Group 2: International Business Expansion - The company has secured orders in Southeast Asia, Eastern Europe, Central Asia, and South America, with a recent breakthrough in the Middle East market [3] - The global wind power installed capacity is expected to grow rapidly, enhancing the international influence of Chinese brands and technologies [3] Group 3: Profitability and Market Strategy - The pricing of wind turbines and profit margins are influenced by various factors, and the company aims to enhance profitability through high-quality products and cost-reduction measures [3] - The company has completed the transfer of 100% equity in two wholly-owned subsidiaries in 2024, focusing on optimizing the quality of its renewable energy assets [3] Group 4: Policy and Market Outlook - The "Wind Power to the Countryside" policy, initiated in March 2024, presents significant market opportunities, and the company plans to leverage its technological advantages to increase market share [3]