HHI(601226)2024-12-05 10:35Group 1: Company Performance - In the first three quarters of 2024, the company signed new sales contracts amounting to 95.32 billion yuan, primarily driven by materials, thermal energy, steel structure, and marine business projects, with a significant portion coming from external projects [1] - The company's revenue for the first three quarters of 2024 increased by 25.10% compared to the same period last year, with notable growth in thermal and marine business revenues [4] Group 2: Market Outlook - The company anticipates continued market opportunities in the coal power sector due to the "large base" construction and "two joint ventures" policies, expecting moderate growth in coal power installations and generation [4] - The domestic offshore wind power market is gradually recovering, with approximately 8.3 million kilowatts of resources approved nationwide in the third quarter, indicating a promising outlook for the offshore wind power market [4] Group 3: Project Updates - The Longyuan Shiyang project has received environmental assessment approval, while the Fanshi project has obtained the sea area confirmation certificate [4] Group 4: Company Strategy - The company is focused on enhancing technological innovation capabilities and accelerating the layout of new industries as a key component of China Huadian Group's science and technology sector [4]