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Caixin Securities: A milestone year for Wind Power Equipment delivery, focus on the "Two Seas" and diversification of components.
Overall, the demand side of the Wind Power Equipment Industry is expected to significantly improve by 2025, leading the industry to switch from a passive destocking phase to an active restocking phase, and a major delivery year is anticipated.
Zhongji United (605305): A leading enterprise in the wind power lifting equipment sector with diversified layouts to expand growth - Company dynamics tracking report.
Event: According to a recent company announcement, from January to November 2024, the company's new signed Orders are expected to show an approximately 35% increase compared to the same period last year, with the growth rate of Orders in overseas markets being higher than that in the domestic market, comments on this are as follows.
Zhongji United (605305.SH): The products sold in the European market are mainly elevator products.
Gelonghui reported on December 30 that Zhongji United (605305.SH) recently stated during a research meeting with Institutional investors that the products sold in the European market mainly consist of elevator products, primarily applied in newly developed markets.
Zhongji United (605305.SH): The Business in the Brazilian market involves both new and existing markets.
Glory Exchange, December 30丨Zhongji United (605305.SH) recently stated during a meeting with institutional investors that the company's Business in the Brazilian market involves both new markets and existing markets, with customers primarily consisting of turbine manufacturers and wind power companies.
Zhongji United (605305.SH): Currently, the products sold to the USA are mainly anti-crawlers.
On December 30, Glonghui reported that Zhongji United (605305.SH) recently stated during a meeting with institutional investors that the products currently sold to the USA are mainly anti-climbing devices, which will continue to be upgraded and technologically improved; anti-climbing devices are primarily used in the existing market in the USA, and the subsequent maintenance work will mainly be handled by the company.
Zhongji United (605305.SH): From January to September, high-altitude safety operation service income accounted for about 3% of the main Business income.
On December 27, Guanglonghui reported that Zhongji United (605305.SH) recently stated during an institutional investor survey that the company's service revenue includes income from the maintenance and service of company products, training services, and other high-altitude operation services. From January to September 2024, revenue from high-altitude safety operation services accounted for about 3% of the main business revenue.