HK Stock Market Move | Goldwind Science & Technology (02208) rose more than 9% in early trading. During the 13th Five-Year Plan period, the average installed capacity of wind power will double.

Goldwind Science & Technology (02208) rose over 9% in early trading, and as of the time of writing, it has risen by 6.7% to HK$13.86, with a trading volume of HK$3.64 billion. In terms of news, on October 20, the Beijing International Wind Energy Conference released the "Wind Energy Beijing Declaration 2.0", proposing that the annual new installed capacity during the "14th Five-Year Plan" period should not be less than 120GW, with offshore wind power not less than 15GW; by 2030, the cumulative installed capacity should reach 1300GW. Guotai Junan Securities released a research report stating that it is expected that the annual average installed capacity of wind power during the "14th Five-Year Plan" period will double compared to the "13th Five-Year Plan" period, and the growth of the wind power industry can be anticipated. In addition, Goldwind Science & Technology announced its performance for the first three quarters of 2025, with an operating income of approximately RMB 48.147 billion, a year-on-year increase of 34.34%; a net profit attributable to shareholders of the listed company of approximately RMB 25.84 billion, a year-on-year increase of 44.21%; and a basic earnings per share of RMB 0.5969. The announcement stated that the revenue growth is mainly due to the increase in sales of wind turbines and components. The increase in net profit is mainly due to the increase in gross profit and fair value change income, offset by a decrease in investment income, etc.