Express News | Shanghai QiFan Cable: Won the bid for the offshore wind power project worth 0.416 billion yuan as part of a consortium.

BreakingsDec 19, 2024 15:52

Shanghai QiFan Cable (605222): The layout of undersea cables is likely to bear fruit, expected to welcome a second growth phase.

Investment highlights: Deeply engaged in the cable industry for thirty years, submarine cables facilitate secondary growth. Shanghai QiFan Cable was founded in Shanghai in 1994 and listed on the Main Board of the Shanghai Stock Exchange in 2020. In October 2020, the company established a base in Yichang, Hubei to enter the submarine cable industry.

SealandDec 18, 2024 00:00

Soochow Securities: In 2025, the resonance of land and sea wind installation demand is anticipated, Bullish on the growth potential of offshore wind.

In 2025, offshore wind power installation will experience rapid growth, showing long-term growth potential; onshore wind power installation will benefit from improved demand, and the wind turbine sector will gain from stable prices and cost optimization to achieve a profit reversal. The casting sector and others have the basis for price increases and enjoy significant profit elasticity.

Zhitong FinanceDec 10, 2024 14:00

Soochow: In Q3 2024, downstream delivery is gradually increasing, and the wind turbine gross margin is improving compared to the previous period.

It is estimated that the offshore wind power will install 7-8GW in 2024 and 13-15GW in 2025, with year-on-year increases of 25% and 100% respectively.

Zhitong FinanceNov 28, 2024 14:45

Express News | Shanghai Qifan Cable has invested to establish a new wire and cable company.

BreakingsNov 20, 2024 11:24

Qifan Cable\'s 2024 Third Quarter Report

SZSIOct 30, 2024 00:00 · Announcements