Shares of Goldwind Science & Technology Co., Ltd. (HKEX: 02208) have risen by more than 4%. At the time of writing, the stock was up 4.31% to HK$10.17, with a turnover of HK$186 million.

The catalyst for the move is the release of the "15th Five-Year Plan" for renewable energy development by China's National Development and Reform Commission and the National Energy Administration. The plan outlines targets for the 2026-2030 period, including the commencement of approximately 100 gigawatts of new offshore wind power projects and achieving a cumulative installed capacity exceeding 100 gigawatts by 2030.

Analyst Perspectives on the Sector Outlook

Guosen Securities analysts believe the domestic wind power installation market will enter its peak season in the second half of the year. They anticipate that the year-on-year growth rate of cumulative installed capacity will continue to accelerate over the coming months. Consequently, the revenue and profitability of the wind power industry chain are expected to improve gradually as shipment volumes increase sequentially.

Brokerage Commentary on Goldwind's Position

Huatai Securities noted that Goldwind is a global leader in wind turbine manufacturing, maintaining a solid position as the top player in China's onshore wind market while accelerating its expansion in offshore wind and international markets. The brokerage is optimistic that a recovery in both the volume and pricing of wind power will support an upward trend for the sector. They highlight that Goldwind, leveraging its first-mover advantage in overseas markets, is poised to achieve a profit recovery ahead of peers, demonstrating significant alpha potential.

The company is also proactively developing green hydrogen, ammonia, and alcohol projects, with industrial progress leading the field, which is expected to contribute new medium-to-long-term growth drivers. In recent years, Goldwind has gradually increased its dividend per share and maintained an active share buyback strategy, measures which are also seen as supportive of a valuation recovery.