GOLDWIND (02208) continued its upward momentum with another surge of over 5%. As of press time, the stock was up 4.17% to HK$11.25, with a trading volume of HK$107 million.

On the news front, GOLDWIND recently announced plans to invest 18.92 billion yuan in a wind power-hydrogen-ammonia-alcohol integrated project in Bayannur, Inner Mongolia. The project includes developing 3GW of wind power capacity, with 80% of the generated electricity to be used for electrolytic hydrogen production, subsequently producing 600,000 tons of green methanol and 400,000 tons of green ammonia annually.

GOLDWIND stated that this investment aims to enhance its business portfolio by leveraging Bayannur's abundant wind, solar, and biomass resources to build comprehensive "wind power + green chemicals" solution capabilities.

Industry analysis indicates that in the first half of 2025, domestic wind power project bidding totaled 71.9GW, representing an 8.8% year-over-year increase. The average bidding price for wind turbine units from manufacturers reached 1,616 yuan/kW in June 2025, showing an overall upward trend since the end of 2024.

As of the end of the first half of 2025, the company's external pending orders totaled 41.4GW, with approximately 34.1GW consisting of 6MW and above units. Additionally, the company has approximately 10.4GW in external winning bids that have not yet been contracted, with 6MW and above units accounting for about 9.3GW, representing 88.91% of the total.

By the end of the first half of 2025, the company's overseas external orders totaled approximately 7.4GW, a 42.27% year-over-year increase. The continued growth in order scale provides solid support for future international business revenue.