Goldwind (02208) opened higher by more than 5% today. At the time of writing, the stock was up 5.33%, trading at HKD 16.6, with a turnover of HKD 13.5895 million. The surge follows the company's release of its first-quarter 2026 report on the evening of April 24. Revenue for the period reached RMB 15.485 billion, an increase of 63.48% year-on-year. Net profit attributable to shareholders of the listed company was RMB 907 million, rising 59.65% compared to the same period last year. During the quarter, the company's external sales of wind turbines reached 6.04 GW, a significant growth of 133% year-on-year, indicating rapid shipment expansion. By the end of the first quarter, the company's external order backlog stood at 50.7 GW. Overseas orders totaled 9,567 MW, an increase of 297 MW from the end of 2025. Guohai Securities analysts believe that since the second half of 2025, the company's wind turbine manufacturing segment has returned to profitability. With the increasing proportion of high-value and overseas orders being delivered, turbine gross margins are expected to improve further in 2026, driving high earnings growth. The company's green methanol initiative, identified as a second growth driver, has fully commenced and is projected to contribute to profit increments starting in 2026, with potential future catalysts from hydrogen, ammonia, and methanol policies. Additionally, Goldwind holds a 4.14% stake in Blue Arrow Aerospace. The upcoming launches of the Zhuque-2 E and Zhuque-3 rockets are anticipated to provide ongoing positive momentum.