3S(605305)2024-11-25 07:35Group 1: Market Penetration and Share - The penetration rate of lifting products in offshore wind power in the domestic market is nearly 100%, while approximately 60% of onshore new wind turbines are equipped with lifting machines and about 40% with anti-climbing devices [3] - The company's market share in the domestic wind power industry is approximately 70%, while in the international market, the market share of lifting products in the European wind power industry is about 30%, and anti-climbing devices have nearly 100% market share in North America and Asia-Pacific [3] Group 2: Product Advantages and Innovations - The gear rack lifting machine addresses issues associated with traditional wire rope lifting machines, providing smoother operation and allowing for pre-installation at tower factories [5] - Compared to traditional wire rope lifting machines, gear rack lifting machines have several advantages, including higher load capacity, smoother operation, and adaptability to various tower types [5] - The company has introduced a dual-machine linkage solution to enhance operational safety and efficiency for high tower wind turbines, combining lifting machines and anti-climbing devices [5] Group 3: Orders and Financial Performance - In 2023, new orders for large-load lifting machines and gear rack lifting machines accounted for approximately 20% of the lifting machine order value; in the first ten months of 2024, these orders represented over 30% of the new signed orders [5] Group 4: Market Expansion and Strategy - The company began expanding into the U.S. market in 2018, establishing a localized team and factory, focusing on product demonstrations, training, maintenance, and logistics [3]